Analyze logistical issues faced by organizations. Evaluate issues from various business logistics problems, situations, and controversies. What solutions can be offered and lessons learned to improve logistics issues?
Category: Business
Logistical issues faced by organizations
Analyze logistical issues faced by organizations. Evaluate issues from various business logistics problems, situations, and controversies.
Industry Overview and Competitive Landscape for Hanesbrands INC
Which NAICS industry does the company belongs to? What economic variables drive this industry (choose 2-3 economic drivers that are most relevant to the industry)? Discuss the current economic conditions and discuss the implications of these conditions on the industry.
Who are the primary competitors for this company? How are they positioned competitively? How do Porter’s Five Forces and their interactions drive the competition and profitability in this industry? Which force is the most dominant/important force in this industry?
Concurrency Control
There are times when a database is accessed by many users across the enterprise. Transaction logs can help maintain concurrency in a multiuser platform.
Describe at least two business scenarios where “commit” and “rollback” would be required.
Describe how these functions would be essential for business continuity and concurrency control.
Identify how these functions would enable an organization to recover from a database corruption event.
Corporatism
What is corporatism? How does corporatism relate to what you know about interest groups in the United States in a reputational sense? What can we learn from European countries that display corporatist trends?
Business Policy
The Entire Case (Under Armor) has been attached as a word document.
Synopsis of the Case: The content of the synopsis should present relevant background facts about the case under examination.
Relevant Factual Information about the Problem or Decision the Organization Faced: State the precise problem or decision the organization faced. The section should include information that addressed the business issue under examination. This section should be no longer than a single paragraph.
Explanation of Relevant Concepts, Theories and Applications Derived from Course Materials: This section should be the bulk of your paper. Analysis of the business problem or decision in light of the course concepts must be presented, as well as the business lesson another organization could learn from this situation. Besides citation to the text, learners must conduct research in the University library related to the top. Citing the textbook only is not enough to demonstrate you understand and can apply the course objectives. Here is where comparative and contrasting positions should be considered and examples and illustrations provided.
Recommendations: Provide logical recommendations to address the business lesson identified above. The recommendations need not to be specific to the organization examined, but should consider how other organizations, if similarly situated, could lessen the impact of the problem or decision identified. Recall, that the organization under examination has already moved pasted this problem so any recommendations made, at this point, are fruitless. The focus of this section should be on what other companies should be aware of to address similar problems or decisions. Citation to the textbook alone is insufficient for analysis in this section. Learners should conduct research in the University’s library to support their positions. Depth of scholarship is not demonstrated by providing personal opinions alone, but by using examples, analogies, comparison and illustrations from the academic literature. Not only does this synthesize the material to assist the reader’s understanding, it is an effective way to present the academic sources and extend the discussion of your ideas. This section should be a paragraph or two.
Alternative Recommendations: This section is not a continuation of the prior. Provide suggestions for how to avoid the problem or decision the examined organization faced. Analysis here should be may be forward- thinking, predictive or, most likely, preventative in nature but tied to the thesis statement. Again, opinion is insufficient to provide the required academic analysis. Sources, other than the text, must be provided to sustain the statements made. This section should be a paragraph, at most.
Conclusion: End the assignment with a summary of the important points made in the document. No new information may be presented. Writing a conclusion can be done by rewording the opening or reformulation the topic sentences of each paragraph to make a summary for the reader. This section should be a paragraph, at most.
How an organization gains a competitive advantage
Determine how an organization gains a competitive advantage
Determine organizational risk and growth opportunities in order to develop a strategic plan
Defend business decisions in support of an organization’s strategic plan
Scenario
It’s the moment of truth: your opportunity to demonstrate why your new product or service is worth funding. You have done the research and know that the funding you seek can be a game changer for the company. Not only will it produce revenue and profitability, but more importantly, it will strategically set the company apart from its competition.
In preparation, you have created a checklist for yourself to use in compiling information that includes research, feasibility of the idea via the BMC, scope of project (timeline included), project risk mitigation, DEI, CSR, and 24-month pro forma.
You know that anything can happen in a funding pitch. With this in mind, you are prepared to answer questions that encompass all aspects of the project.
Create a pitch for funding. In this pitch, you will have to convince senior management to greenlight the new product or service. Aspects of the pitch that must be addressed:
Value proposition: Describe the company’s current value proposition in the market.
Describe the selected company’s main product or service.
Discuss the company’s overall strategic plan.
Competitive advantage: Describe the competitive advantage the company will gain by funding the project.
Describe how you discovered an opportunity to do something better than your competitors.
Determine how the new product or service shifts the value proposition of the company.
Risks and opportunities: Establish the risks and growth opportunities of the company.
Determine if the new product or service could disrupt the current industry.
Identify the risks associated with the development of this new product or service.
Growth opportunities: Describe the areas of potential growth for the company.
Identify the growth opportunities within the company.
Explain how the competitive advantage allows for growth.
Distinguish as a new product or innovation: Distinguish the new product/service as an innovation or improvement on an existing product/service.
Recommended’ strategic alternative for Amazon.
Create a detailed plan for implementation, evaluation, and control of the ‘recommended’ strategic alternative for Amazon. The recommended strategy is one from the stability, growth, and retrenchment alternatives.
Exhibit 6 supports sections VII and VIII of your Strategic Audit. It is very important you follow the writing structure of sections VII and VIII when completing Exhibit 6.
Implementation, Evaluation and Control Plan:
This plan highlights the actions needed to implement the recommended strategy at the corporate, business, and functional levels. For each action, the who, what, and how are specified. In terms of evaluation, who and how often the action plan will be evaluated is also determined. Finally, metrics are developed for objective and easy control and evaluation plans.
How to create an Implementation, Evaluation and Control Plan table
Download TemplateSA-EXH6-Implementation.docx and use it to build your own Exhibit 6.
In Section VI of your Strategic Audit, you have already identified the recommended strategy with its corporate, business, and functional hierarchy. The template illustrates a plan applied to the Olallieberry Pie Company’s (OPC) recommended strategic alternative (growth-concentration-expand into international arena by forging strategic alliances).
Notice the template has six columns with headings: Strategic Alternative Element, Action Plan, Priority System, Who Will Implement, Who Will Review, How Often Reviewed, and Metrics/Criteria.
The first element is at the corporate level action, then there are business level actions, and then 3 to 4 important functional level actions. All these action lines or rows should be expanded into good complete discussions in Sections VII and VIII of your Strategic Audit.
Where the elements and actions come from? Review your recommended strategy ideas at the corporate, business, and functional areas in Section VI to find key elements you would like to incorporate in the implementation plan. Review your TOWS matrix to find key actions you would like to include in this plan too. Not all elements and actions mentioned in Section VI and TOWS matrix should be included, only few that you consider most relevant.
Protection Of Private Information
Discuss the importance of protecting an individual’s private information. What protections are located within the Health Insurance Portability and Accountability Act? Family Educational Rights and Privacy Act? What rules are in place to protect consumers’ financial information? Be sure to include references and citations to support your findings.
How an organization gains a competitive advantage
Demonstrate your mastery of the following competencies:
Determine how an organization gains a competitive advantage
Determine organizational risk and growth opportunities in order to develop a strategic plan
Defend business decisions in support of an organization’s strategic plan
Scenario
It’s the moment of truth: your opportunity to demonstrate why your new product or service is worth funding. You have done the research and know that the funding you seek can be a game changer for the company. Not only will it produce revenue and profitability, but more importantly, it will strategically set the company apart from its competition.
You just have to convince senior management.
In preparation, you have created a checklist for yourself to use in compiling information that includes research, feasibility of the idea via the BMC, scope of project (timeline included), project risk mitigation, DEI, CSR, and 24-month pro forma.
You know that anything can happen in a funding pitch. With this in mind, you are prepared to answer questions that encompass all aspects of the project.
Directions
Create a pitch for funding. In this pitch, you will have to convince senior management to greenlight the new product or service. Aspects of the pitch that must be addressed:
Value proposition: Describe the company’s current value proposition in the market.
Describe the selected company’s main product or service.
Discuss the company’s overall strategic plan.
Competitive advantage: Describe the competitive advantage the company will gain by funding the project.
Describe how you discovered an opportunity to do something better than your competitors.
Determine how the new product or service shifts the value proposition of the company.
Risks and opportunities: Establish the risks and growth opportunities of the company.
Determine if the new product or service could disrupt the current industry.
Identify the risks associated with the development of this new product or service.
Growth opportunities: Describe the areas of potential growth for the company.
Identify the growth opportunities within the company.
Explain how the competitive advantage allows for growth.
Distinguish as a new product or innovation: Distinguish the new product/service as an innovation or improvement on an existing product/service.
Determine if the product or service fits within the capabilities of the company.
Note: a company’s SWOT analysis or 10-K is an indicator of whether the new product or service could be feasible.
Explain how the new product or service adds to the portfolio of the company.
Target segment: Describe the targeted segment.
Identify the target customer.
Explain your blue ocean strategy.
Note: The new market is identified here.
Speculate sales: Speculate on the projected sales.
Justify your product or service by the numbers; discuss your projected revenue gain.
Note: it MUST have an ROI that justifies the project for investors and/or senior management.
Explain the risks associated with projected sales.
Speculate profitability: Speculate on the profitability of your proposed product or service.
Determine if the project is profitable.
Note: In this pitch for funding, senior management has to know that the project, based on market research, is speculated to be profitable. Use the company’s current income statement to project how the company’s profitability will be affected. Look to other companies in the marketplace with products or services similar to the one you are proposing as a basis for your projections. Note: these numbers are purely speculative.
Determine the impact on the functional areas of the business (accounting, marketing, sales, and so on).
CSR plan: Outline the plan to service the community or customers that purchase the product or service.
Discuss how the idea demonstrates corporate social responsibility (CSR).
Identify what the company has invested in as it relates to the communities they serve.
Discuss how a good CSR plan helps the company gain competitive advantage.
DEI plan: Summarize how the project will include a variety of perspectives to get a better unique value proposition.
Determine if the company has a corporate culture built on DEI.
Discuss how the project’s DEI plan fits into the company’s overall strategic plan.