A group of investors in your city is considering opening a new upscale supermarket to compete with the major supermarket chains currently dominating the city's marketplace. They have called you in to help them determine what kind of upscale supermarket they should open. In other words, how can they develop a competitive advantage against existing supermarket chains?
1. List the supermarket chains in your city, and identify their strengths and weaknesses.
2. What business-level strategies are these supermarkets currently pursuing?
3. What kind of supermarket would do best against the competition? What kind of business-level strategy should it pursue?
The supermarket chains in my city are Kroger, Wal-Mart, and Macy's. The strengths of Kroger are that it offers a wide range of products. It offers sales and discounts to its customers. Kroger has an excellent range of private brands. The weaknesses of Kroger are that it does not easily compete on price with Wal-Mart, its sales and discounts are temporary measures to get in customers, and it does not have a long-term strategy to keep prices low.
Wal-Mart's strengths are low prices, with a wide ...
This posting gives you a step-by-step explanation of Management in Action. The response also contains the sources used.
Financial Management and Retirement Planning
1. Carry out the transactions indicated in the "action" columns for each account, and create a table (using the exhibit format as a guide) for the surviving accounts.
2. If the Trudeaus retire at age 60, how much wealth will they have built up, given the strategy outlined in exhibit 4? What if they retire at age 67 1/2? For simplicity. all returns listed are already adjusted for taxes (they are aftertax returns).
3. The Trudeaus estimate that they could live on $10,000 per month after retiring, taking into account the fact that may occur. They have already adjusted their estimated need according to that inflation expectation. Assuming this dollar amount will not change, and that the Trudeaus will live until age 85, is their savings adequate to retire at age 60? At age 67 1/2?
4. According to good financial planning principles, how would you recommend making up for the difference between what they have and what they desire as an annuity after retirement? How much extra do they need to save in that account per month?
5. Should they consider retiring at age 60 or not? Justify your answerView Full Posting Details