After thorough research I found chaldal.com to be as a major competition to Mr. Rahim’s e-commerce site. Chaldal.com is an online shop based from Dhaka, Bangladesh. They have no physical store. In my analysis I deduce the following about their e-commerce solution: Strengths: • efficient and well organized website • well established brand name • secured site • proven loyalty to interested consumers Weaknesses: • inefficient in responsiveness to customer queries • lack of major imported branded
Table of Contents Summary 4 Introduction 5 The Seven S Models for Strategic Planning 7 Strategic Analysis 8 Analysis of the Remote Macro Environment 10 Sociological factors 11 Technological factors 11 Economic factors 12 Political factors 12 The Micro Competitive Environment 13 Threat of New Entrants 14 Bargaining Power of Suppliers 14 Bargaining Power of Buyers (Customers) 15 Threat of Substitute Products or Services 15 Industrial Rivalry 15 Strategic Choice 16 Porter’s Generic Strategies 16 Cost
INFORMATION GATHERING 2.1 SOURCES USED FOR RESEARCH WORK. Making a meaningful analysis requires gathering genuine and valid data. Data can be gathered from various sources which are categorized into primary and secondary data. Primary data is the first hand information which does not exist already and is being collected and gathered by the researcher himself. While secondary data refers to data collected by someone and made readily available other than the researcher himself. Relying on secondary
SWOT Analysis of site The analysis of Happy life volunteer station used in this report is through a SWOT analysis tool. A SWOT analysis is the identification of strengths and weaknesses within an organization and opportunities and threats that can affect the organization from the outside (Valenit, 2001). It offers an analysis that narrows down the chances of misleading results and considers internal and external factors that could affect the organizations ability to achieve its objectives. Hence
AND TECHNIQUES OF STRATEGIC MANAGEMENT 1) Critical Question Analysis – Critical question analysis involves a process of answering few specific sequential questions. This method of formulating strategy helps in synthesizing several ideas by finding accurate answers to those basic questions. Each questions aims at exploring various organizational aspects so that they are well defined. Those basic questions under critical question analysis are – 1) What are the purpose(s) and objectives of the organization
for strategic planning. h. It helps in knowing past, present and future so that by using past and current data, future plans can be chalked out. SWOT Analysis provide information that helps in synchronizing the firm’s resources and capabilities with the competitive environment in which the firm operates. 3.8.2 LIMITATIONS OF SWOT ANALYSIS SWOT Analysis is not free from its limitations. It may cause organizations to view circumstances as very simple because of which the organizations might overlook
Porter Five Forces in extraordinary detail National Australia Bank Limited's chiefs can shape those powers to support them SWOT ANALYSIS
This analysis is important that is criticised although Lynch (2006) explains that the factors are almost uncontrollable. In addition, Sutton (1988) explains that analysis of the external environment is tackled to In order to achieve competitive advantage and enhance distant and close future Sutton (1988) explains that this should be tackled as the analysis of the external environment. McMillan and Tampoe, (2000) explain that the
relationships with target customers successful cooperation (Янкевич & Безрукова, 2003: 55). Often to understand the environment an organization is needed to perform PESTLE (Political, Economic, Social, Technological, Legal and Environmental issues) analysis, this factors are very important that influence the marketing activities of a business performance, this includes: • Political- the
satisfaction in the workplace and the business does 6 monthly satisfaction surveys called Pulse. This allows every staff member the opportunity to inform management of how they feel about the business, management and the physical environment. WFS has an Analysis Methodology that provides managers with a framework to unpack the survey results. There are clear execution guidelines that enable managers to address the outcomes in order to ensure employee