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Pages:
6 pages/β‰ˆ1650 words
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Check Instructions
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
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Topic:

Week 7 - Strategic Analysis Project: Conclusions Business Essay

Essay Instructions:

This week, we're going to draw some conclusions about the company you chose. For your company, identify the following:
Time Sequence: This is nothing more than a detailed timeline for your objectives outlines in the week 6 assignment. Therefore, make sure you are as precised as possible, for those of you whose goals are to happen within a year provide the timeline quarterly at the minimum. Also remember to provide successive measurements over time. For instance, "Q1(January-March): Roll out mobile application in major cities in the east coast. Begin test markets in the Midwest for the mobile application. Q2 (April-June): Increase of mobile sales by 50%. Complete roll out of the mobile app in the Midwest., etc." You can use bullet points or a table for this section.
Pros/Cons: What are the Pros/Cons of the Assumptions/Strategies that you have decided upon.
Cost of reversibility: This section outlines the cost of reversing the strategy if it does not work out. What will it cost the company to return to where it was before the strategy was implemented? For instance, what if you invest in new machinery and you have to sell it for less than the purchase price? Use the information you provided in Assignment 6 to guide you in this analysis.
Summary/Conclusion: Please provide a discussion of what you have learned from the planning process in the assignments for weeks 5 - 7. What did you learn about the company? What did you learn about the company's financial situation? What have you learned about the different department/subsidiaries of the company?
52-Week High/Low: In the business world, investors usually do a 52-Week High/Low analysis looking at the highest and lowest price at which the stock trades in order to determine if there is a positive trend. For this assignment, look at how your company's stocks have traded over the past 52 weeks and review the high and low prices. In your submission, please explain whether you would sell, buy, or hold and why.

Essay Sample Content Preview:

Strategic Analysis Project: Conclusion
[name]
[school/course]
[professor]
Due to the ongoing COVID-19 pandemic, a great toll has been damaging the businesses in one way or another. This pandemic has had the businesses shift and redo their strategies and goals. Walmart is among the large business entities to have been suffering ever since the pandemic broke out. Although Walmart survives the pandemic because of the availability of online transactions, this mode of consumption has its drawbacks that may fail the business in no time. That is why utilizing necessary strategies will help Walmart sustain its services while minding the safety of its consumers.
Detailed Timeline for Walmart
Walmart will utilize cost-cutting, market research, and product development strategies to accomplish the plan to increase sales volume and profitability. A specified timeline for the market research is provided below to come up with better business opportunities amid the pandemic.
Market research will be conducted for a month.
Release new offerings like new snacks, liquors, general merchandise, textbooks, and pharmacy services. It will attract different types of consumers like kids, adults, students, parents, elderly, etc.
Promote the availability of the products. Consumers will need to know when and where their most consumed products will be available.
Launch partnerships that will increase the sales of goods. A partnership with a courier will allow accessibility of goods through online purchasing. It adds as an option to the consumers who do most transactions online.
Determine the result of the market research and device a strategy that will be implemented in the system.
Lower the prices of products and services that can compete with low-priced products and services from other stores.
Release a promotion of the new products and services and sale promos that Walmart will be offering.
Invest in new products that are in demand. This would widen the target market of the company and will increase the sales volume.
Invest in modern technological strategies to double production and services capacity.
Hire competent technicians who will handle the new technological investments.
Adopt cost-cutting strategy
Check the compliance of the company to the ethical standards and sustainability protocol. This is to prevent paying fines that could be avoided
Outsource operations and services to save on expenses as well as add to the income.
Automate unloading of retail trucks to cut the cost of the operation and designate employees in departments that needs more workers.
Allow and schedule shift application for employees who will be reassigned to other departments
Recruit employees within organization to encourage competency improvement as well as to make room for employing reassigned workers.
Weighing the Assumptions
The pandemic has greatly affected the business industries so much that a lot has closed operations. The gravity of the loss would most probably take years before closed businesses can get back on their feet. On the other hand, some establishments change their business course to survive the effects of the pandemic. Two assumptions target to address some issues within Walmart. These assumpt...
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