Explore BrainMass
Share

PEST of Cambridge Laboratories

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

Analyze how the business has developed
Use a PEST (political, economic, social & technological) /SWOT (strengths, weaknesses, opportunities & threats) analysis if appropriate
Identify the current problems
Evaluate a range of strategies to address the problems
Recommend a strategy based on your analysis

© BrainMass Inc. brainmass.com October 25, 2018, 1:47 am ad1c9bdddf
https://brainmass.com/business/pest-analysis/pest-cambridge-laboratories-274971

Attachments

Solution Preview

Analyze how the business has developed
Use a PEST (political, economic, social & technological) /SWOT (strengths, weaknesses, opportunities & threats) analysis if appropriate
Identify the current problems
Evaluate a range of strategies to address the problems
Recommend a strategy based on your analysis

The current political situation both in the US and Australia is stable. The joint venture is not likely to be adversely affected by employment laws, environmental regulations, or trade restrictions. The economic situation is dismal Biotech firms are not able to raise capital. Each of the companies that had raised capital two years ago were not selling at a discounted price. The social factors are that since people are health conscious, those companies that are focused on drug making are still getting a premium. Still companies like Cambridge Laboratories want to be safe and keep stringent terms for any joint venture with Canterbury Proteomics. The Wall Street has avoided biotech firms. The technological factors that effect the joint ...

Solution Summary

This posting gives you an in-depth insight into Cambridge Laboratories

$2.19
See Also This Related BrainMass Solution

Business Research for Decision Making

I need some ideas and help getting started.

Individual Research Project - Defining the Problem

You have just been hired by Juicy Red Tomato Company as a human resources consultant. Juicy Red Tomato Company (JRT), a tomato grower operating in Florida, hired you to investigate (1) the effectiveness and efficiency of its organizational structure, and (2) the selection and maintenance of managerial personnel. The reason why? Internal costs are rising, key personnel are leaving, and the company is considering expanding its operations.

You are not the first consultant; your predecessor had started to develop a proposal, but left suddenly. Review the proposal in progress, then add what is needed to complete this initial stage of problem definition. Use the first five steps of the Research Process for Basic and Applied Research, Figure 4.1, on the Sekeran, p. 56, for formulating a full research design.

Following is your predecessor's work:

Juicy Red Tomato Company is a tomato grower, operating in Florida. The company has been in operation for 15 years, during which it has grown at a rate of about 5% per year. Costs have remained steady for the first 10 years of the company's existence, but have grown by 2.5 - 4% over the past 3 years. Reasons cited by the company include unexpected temperature drops, pests, and increased labor costs. Management has tended to come from within the company, as long-term employees "rise through the ranks". Over the past year, several long-term, key personnel have left, citing that they had "no future" with JRT. On the bright side, JRT is poised for an increased rate of growth, through possible expansion of the business.

JRT has retained this consultant to investigate (1) the effectiveness and efficiency of its organizational structure, and (2) the selection and maintenance of managerial personnel. We will conduct internal and external research on the causes of the issues and present recommendations.

After preliminary interviews within the organization and research of the produce industry, and business cases with similar challenges, we have formed a hypothesis; that Juicy Red Tomato Company needs to invest in retention not only of its managerial personnel, but also front-line production employees. In addition, JRT needs to improve communication between production and operations, possibly by enhancing technology used by the company as a whole.

Using the Cybrary, the Internet and your course materials, write a 5-7 page document via Word that elaborates on your proposal, filling in any pieces that your predecessor omitted. Apply the standard of APA Style (5th edition) to all research and writing tasks for the course.

View Full Posting Details