Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

I. Describe your company

  • Relevant history
  • Resources, strengths, weaknesses
  • Purpose, mission (what does your company do for whom)
  • Company brand / position: what makes your company distinct in the minds of the public
  • Marketing mix

II. Environment: existing and foreseeable trends from relevant perspectives, e.g.,

  • Economic
  • Technological
  • Demographic
  • Sociology
  • Legal - Domestic and / or International
  • Culture
  • Customers
  • Competitors
  • Supply Chain Partners

III. Goals and objectives: Given what you have said about your company in its environment

  • What goals do you want to reach, and in general terms, how do you want to reach them?
  • What objectives will you reach that will tell you how well you are achieving your goals? (Use SMART acronym)

IV. Strategies for achieving objectives

  • From the perspective of each of the four Ps
  • Overall - bringing the four Ps together into a meaningful whole

V. Controls and Contingencies

  • What metrics will you use to know whether you are on target for achieving your goals?
  • When and how often will you measure?
  • Risks: what could interfere with your goal achievement?
  • What will you do if those risk events happen?

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9521976

Have any Question?


Related Questions in Business Economics

A company has two divisionsnbspnbspthe first produces an

A company has two divisions.  The first produces an operating system for smartphones. The other division manufacturers and markets its own smartphone. Of course, the company's smartphone runs on its own operating system. ...

What is the role of local government leadership in assuring

What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?

Investors are evaluating two 6-year bonds at time t in a

Investors are evaluating two 6-year bonds at time t in a financial crisis setting where there is a strong likelihood of default. Assume the following values for the probability of default (z) of the two bonds, issued res ...

Draw supply and demand curve to illustrate the following

Draw supply and demand curve to illustrate the following sequences of events. Show changes in one graph. Assume upward sloping for supply curves and downward sloping for demand curves 1. In year 1, the rental apartment m ...

Albert hoffmans wife has an ipod shuffle with five songs in

Albert Hoffman's wife has an iPod shuffle with five songs in her library: November Rain  by Guns 'N Roses Ain't No Mountain High Enough  by Nicholas Ashford and Valerie Simpson Call Me Maybe  by Carly Rae Jepsen Rainbow ...

You want to be a millionaire when you retire in 35 yearsa

You want to be a millionaire when you retire in 35 years. a. How much do you have to save each month if you can earn an annual return of 10.7 percent?  (Do not round intermediate calculations and round your answer to 2 d ...

I have my null hypothesis as mean eastern sales mean

"I have my null hypothesis as mean eastern sales = mean western sales but just want to check which excel output to use. I know it is two-tailed and I think I can use p or t but just want to check. I have the following ou ...

Your normally distributed population has a mean of 55 and a

Your normally distributed population has a mean of 55 and a standard deviation of 6. 95% of individual scores will fall between what 2 values? What percent of scores fall below 49?

Let x denote the number of spots on a single throw of a

Let X denote the number of spots on a single throw of a fair 6-sided die. Find the mean, variance, and standard deviation of X. If you can, relate the mean and variance to the mean and variance. the possible values on th ...

How do bribery and corruption influence the economy

How do bribery and corruption influence the economy negatively? Answer and explain three major impacts.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As