Able Corporation
Not what you're looking for?
As members of the senior management team of Able Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of Walden International, the parent company of Able Corporation. The purpose of this paper is to obtain permission from them to go forward with the next step (developing a full blown business plan) for Able's strategic initiative to break into the global marketplace.
A complete SWOT analysis (strengths, weaknesses, opportunities and threats, including at least five factors from each category and full explanations of why each factor is important and why it was placed in the category) of the environment that exists within Able and the environment Able is proposing.
A preliminary outline of the business plan to be developed for Able's strategic initiative
A rudimentary mission statement
Key operating principles
A preliminary market analysis
The one-year, five-year, and ten-year strategic objectives of the strategic initiatives presented as one strategic proposal for each timeframe (three strategic proposals in all) complete with implementation plans, potential ramifications, and feedback mechanisms
Objectives:
Identify examples of good and bad business practices in the use of strategy design components.
Research and discuss some of the changes occurring in the way that organizations structure themselves and their work.
Develop plans to improve business operations.
Use effective communication techniques.
Purchase this Solution
Solution Summary
This answer provides you an excellent discussion on Able Corporation
Solution Preview
SWOT Analysis
In the strengths and weaknesses are placed the internal factors. Thos factors that are internal to Able Corporation and are directly controllable by Able Corporation
Strength
Women own enterprise. This is an important factor and has been placed because women owned firms have a high credibility and are believed to be more reliable.
Brand name of Able Corporation: This gives high recognition to Able Corporation services/products and acceptance by customers.
Strong history: Able Corporation has the experience from its history of providing excellent service to its customers.
Large market share: The Company has a large market share in circular saws and this will enable it to earn more profits.
Good website: The website of Able Corporation is excellent and easily enables a customer to make purchases.
Weaknesses:
Marketing Communications: Able Corporation is weak in marketing communications and this leads to weak sales. This is an internal factor.
Innovation: The present innovations of Able Corporation are weak and have not got a good reception from the customers. This is an internal factor and so a weakness.
Low quality of tools: The present tools of Able Corporation have not been perceived by customers to be of a good quality. This is an internal factor.
Poor training of employees; it has been perceived that Able Corporation employees are not well trained. This is an internal factor.
Obsolete plants: The plants of Able Corporation do not incorporate the latest technology. This is an internal factor
The opportunities and threats are external factors:
Opportunities:
Cordless Tools have good ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
- "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
- "Thank you kindly sir. "
- "Excellent and well explained. --Thank you kindly. "
- "Awesome notes. I appreciate you."
- "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution
Free BrainMass Quizzes
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.