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Business Analysis

View the video link and provide short answers to the case organization CVS vs. Wal-Mart selected. (see A-F below - with three professional resources)

a) Diagnose the company's situation.
b) Size-up what problems/issues need to be addressed.
c) Decide what analysis to conduct to probe the identified problems and issues.
d) Make use of the appropriate core concepts and analytical tools in Strategic Management to thoroughly describe the ins and outs of the company's situation.
e) Evaluate the pros and cons of various action alternatives.
f) Set forth a practical, workable set of action recommendations (that are within the firm's financial means and resource capabilities) .

Please look at the: Video: CVS vs. Wal-Mart: Chains Cut Generic Drug Cost at the link below:

http://bevideos.mhhe.com/business/video_library/0077402723/swf/Clip_14.html

Solution Preview

a) Diagnose the company's situation.

The economy has made it difficult for people to buy their prescription drugs, so CVS pharmacy has provided a way for people to buy them at a cheaper price, especially the generic drugs. Wal-Mart believes that people can buy the generic drugs at their company, and become loyal in the process.

b) Size-up what problems/issues need to be addressed.

The issue that needs addressed is how to make prescription drugs more affordable. This includes anyone who is struggling to buy them because of the economy as well as people who ...

Solution Summary

This solution diagnosed a company's situatio, sized-up what the problems/issues need to be addressed, decided what analysis to conduct to probe the identified problems and issues, made use of appropriate core concepts and analytical tools in Strategic Management by thoroughly describing the ins and outs of the company situation, evaluate pros and cons of various alternatives, and set forth practical, workable set of action recommendations.

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