Why it is important to research competitors

Why is it important to research competitors? A precise understanding of a competitor’s strengths and weaknesses is an important prerequisite for developing a strategy to compete against it. Whether competitors can carry out their strategies and reach their goals depends on their resources and capabilities.

Write a two-page APA-formatted paper, using a minimum of three peer-reviewed references, describing a Competitor’s Strengths and Weakness analysis in the following areas:

Brand image
Product Innovation
Service
Extensive distribution
Economies of Scale
Logistics

Sample Solution

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Week 4-Formulating Leadership Part II

 Part 1 is attached. Due in 15 hours. No Plagiarism. 

Your company’s Vice President of Human Resources has approached your team for assistance in recruiting and developing your organization’s future leaders. 60% of your company consists of millennials and your team has been charged with how to successfully increase the number of millennials as leaders in your organization. At this time, senior management is reluctant and disinterested in promoting the millennials to leadership roles. Your team created your plan in Week 2 Part I of this assignment. Now, you are expected to develop a presentation for your senior leadership that will motivate them to encourage millennials as leaders in your organization.

Re-examine your plan from Part 1 as a team.

Create a 10 Slide Microsoft PowerPoint presentation with speaker notes that contains the following components:

  • Determine how to cultivate millennials as leaders. 
  • Include the pathway necessary to accomplish this goal by identifying the objective(s), methods of achieving the objective(s), and ways to measure success.
  • Evaluate how transformational leadership may assist in this process.
  • Include at least one video presentation within a slide.
  • Showcase some of the best practices needed by companies in order to prepare future leaders.

Cite a minimum of three peer reviewed sources not including your text.

Format your assignment consistent with APA guidelines.

Submit your assignment.

Operational Requirements Document (ORD)

Select a system of your choice (e.g., aircraft, automobile, Web site, or the service of a bank or restaurant business), and do the following in 35 pages:

Develop the operational requirements document (ORD) for that system.
Based on the operational requirements, develop the maintenance concept for the system.
Construct the necessary top-level operational and maintenance flows.
Identify repair policies.
Apply quantitative effectiveness factors as appropriate.
As described in the text, effectiveness factors are system requirements that are specified as figures-of-merit (FOMs), such as the following (Blanchard & Fabrycky, 2006):

Cost or system effectiveness
Operational availability
Readiness rate
Dependability
Logistic support effectiveness
Mean time between maintenance (MTBM)
Failure rate
Maintenance downtime
Facility utilization (in percent)
Operator skill levels
Given the functions that the system you have chosen will perform, how effective or efficient is it? How are these factors related to the mission scenarios?

Promotion and Pricing Strategies

With this assignment, you will address some of the basic areas within a marketing plan and help to refine your strategies for creating a successful business.

Using the business from Assignment 2, write a three to four (3-4) page paper in which you:
Identify its primary target market.

Specify three (3) methods you will use to research customer needs and wants.

Describe the marketing mix: a) product, b) pricing strategy, c) promotion, and d) placement/distribution.

Create a one-year advertising budget and plan that incorporates the use of various advertising media and publicity.

Include at least two (2) references outside the textbook.