I was wondering if someone could help me get resources so I can answer the following questions more precise. thank you
SWOT Analysis of Altria? Not sure how to go about finding info on this.
Does Altria have a competitive advantage and/or a competitive strategy? Justify.
What strategic alternatives are open to Altria? Explain and Justify answer.
SWOT analysis is an integral element of the first step in the strategic planning process, ie, internal environmental scanning. It provides an overview of the overall strengths and weaknesses of the organization as well as identify key threats and weaknesses. It provides as a platform for formulating objectives, goals and strategies.
􀂃 Altria is the largest firm in the tobacco industry, giving it a strong currency for acquisitions and consistently high revenue streams.
􀂃 In an industry dominated by brand recognition and customer loyalty, Marlboro remains very strong domestically at 40.5% total retail market share and is continually growing internationally.
􀂃 Altria has had a great deal of success defending itself in the courtroom, and for the most part, the outcomes have been positive.
􀂃 The large size also allows for expensive marketing campaigns, which is extremely important in competitive new markets abroad.
􀂃 Its large economies of scale help it to lessen the sting of litigation, regulation, and taxes, which in turn leads to lower costs and higher returns for shareholders.
􀂃 After the Kraft spin-off, management can more effectively focus on strategic plans for PM USA and PMI in the tobacco industry without any focus on the very ...
SWOT analysis is an integral element of the first step in the strategic planning process, ie, internal environmental scanning.