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- A software company has designed a new line of products. The management is reviewing the best marketing strategy (Aggressive, Basic and Cautious) to introduce the most profitable product. The market conditions are denoted by Strong or Weak. Management's best estimate of profit (in £ Mils) are given in the following payoff table. Probabilities of a Strong or Weak market are 0.55 and 0.45 respectively. Please help the company choose the best option. Show step by step working of your calculations. Options Aggressive Basic Cautious State of nature Strong 30 20 5 Weak -8 7 15Is the following statement correct? Ansoff's product-market-matrix has three categories: product development, market development, market penetration. In the following, the model is applied with the car manufacturer BMW. Product development for BMW means creating new products in new markets (eg new BMW car models sold in Africa). Market development implies expanding into new markets with existing products (eg BMW expands to Africa). Market penetration increases revenue in present markets with existing products (eg promotion of an established BMW car model). Please choose an answer: True Not correctDoing nothing would yield how much profit if favorable market conditions prevail according to the following profit decision table? Alternative Favorable Market Do Nothing $27,000 $12,000 $0 -$15,000 $27,000 Unfavorable Market -$15,000
- Consider how contemporary business environments can be supported by a strategic focus on cost management, business analytics, and total quality management to enhance decision-making. Discuss how one of these alternative costing methods supports a company's ongoing competitive advantage in a business. Explain your rationale.The obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision. B) coming up with compelling strategy proposals to debate against those put forward by top management. C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives. D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.Select a company ( Henry Ford Hospital) as the subject for your situation analysis assignment. It is advantageous to slect a well known medium - larged sized comapny that readily shares information and ideally a company which you familiar. You have been hired by your selected company as a marketing strategy consultant. Creat a SWOT analysis and also describe how the company can build on its strengths and correct its weaknesses in order to take advantage of one designated opportunity in the market.
- Complete a Competitive Profile Matrix (CPM), use at least 12 factors and three (3) competitors, including Walmart (Walmart + two more companies). Provide analytical comments on matrix results and four (4) factors, and cite sources in the APA format. Please submit CPM in excel. Create a Market Positioning Map (MPM) for Walmart and at least its two (2) significant competitors (the same competitors that you use in CPM can be used for MPM). Discuss the consumer perception of Walmart's products, services, and marketing strategies. Provide analytical comments on matrix results and sources in the APA format. You may submit MPM in word, excel, PowerPoint, or any other form. Complete the External Factor Evaluation (EFE) matrix with ten (10) opportunities and ten (10) threats. Provide analytical comments on matrix results, three (3) options, three (3) threats, and sources in the APA format.Using the table below – fill in the regret table Success Moderate Success Failure Sell Company 150 150 150 Form Joint Venture 500 564.00 14000 Sell software on own 785.00 400 -500 Success Moderate Success Failure Sell Company Form Joint Venture Sell software on own Based on the MinMax Regret Method, which alternative will you choose a) Sell company b) Form Joint Venture c) Sell software on ownPlease answer fast 1.You are currently performing the Select Sellers process. You are consideringtwo bids from companies on your qualified sellers list. Your project ison a tight budget, and you have been instructed by senior managementto consider the cost over any other criteria. You used the company thatsubmitted the lower bid on a previous project, and you were not happy withtheir work. The company that submitted the higher bid has a reputation fortreating their clients well, flying project managers first class and giving themaccommodations in five-star hotels. What is the BEST way to handle thissituation?A. Give the manager at the company with the higher bid information that will allowhim to tailor his bid so that it better meets your needsB. Select the company with the lowest bidC. Rewrite the RFP so that the company with the lowest bid is excludedD. Select the company with the higher bid 2. You have just delivered a product to your client for acceptance, when you geta call…
- How would you expect this situation to affect the assessment of Eastern’s financial condition and performance? Although nonquantitative factors may be relevant to a company’s financial evaluation in general terms, the details of this specific situation are not relevant to the firm’s financial condition or performance. Its one-product strategy increases Eastern’s efficiency and will ensure its long-term financial success. Although its profits are declining now, these efficiencies will ensure the company’s long-term success. Eastern’s profits will continue to decline, and the company’s survival is in jeopardy if it does not create a new product with more potential for market growth.Consider the following additional information – R&D and selling expenses are substantially higher for Zderm because it is a new product. Jim has strongly supported development of the new product, including the high selling and R&D expenses. He has assured the Board of Directors that the Zderminvestment will pay off in improved profits for the firm. Discuss the ethical issues, if any, facing Jim as he reports to top management on the profitability of the firm’s two products.Suppose Unilever (an ice-cream manufacturer) acquires TCBY (a frozen yogurt producer). What would you expect to see following this acquisition? A) Lower prices for both the ice cream and the frozen yogurt B) Higher prices for both the ice cream and the frozen yogurt C) Higher prices for ice cream, but lower prices for frozen yogurt D) Higher prices for frozen yogurt but lower prices for ice cream