Analysis Of Grand Strategy Matrix. The Grand Strategy Matrix

Analysis of Grand Strategy Matrix The Grand Strategy Matrix is a newer tool used for formulating alternative strategies (David David, 2017). Similar to the BCG matrix, the Grand Strategy Matrix is places the business or the business divisions into one of four quadrants based on two evaluation dimension 1) competitive position on the x-axis and 2) market growth on the y-axis (David David, 2017). The franchise segment would be located in Quadrant II, which would indicate this segment should focus on market development, market penetration, product development, horizontal integration, divestiture, and liquidation. The other two segments would fall in Quadrant III, which is a much grimmer outlook and their strategies should focus on†¦show more content†¦In this case, the more attractive strategy is strategy 1. Analysis of Income Statement and Balance Sheet Performing an analysis of the company’s financial performance is beneficial to gauge performance, financial health, and future prospects of an organization. The income statement, balance sheet, and certain ratios are analyzed that give a variety of stakeholders valuable information to make decisions for or about the company or organization. There are certain financial ratios that give credit and equity investors, the government, the public, and management valuable information that will help make investment or strategic decisions for the company. Some of the key ratios are: liquidity ratio, profitability ratios, activity ratios, and leverage ratios. Based on the information provided, there are multiple concerns with the financial condition of Krispy Kreme Donuts. As reported on their 2015 consolidated statement of cash flow, they reported revenues of $383,984 for the year. After all expenses, they have reported a loss of $4,061 for the year. Their working capital amount (current assets – current liabilities) is only $39,190 and the debt-to-equity ratio (total liabilities/shareholder equity) is 2.375, which is quite concerning. TheShow MoreRelatedMgt 578 Simulation Reflection Paper1360 Words   |  6 PagesSimulation Reflection Paper Schiobhan Hopkins MGT 578 Ââ€" Strategy Formulation and Implementation Rodney Klein February 14, 2006 Thinking Strategically According to the Thinking Strategically simulation, Strategy, in business, is the combination of foresight, planning, and decision-making that prepares an enterprise to achieve long-term goals and manage the consequences of contemporary decisions. A lesson learned was that one needs to properly construct long-term objectives toRead MoreCase Study: the Brita Products Company Essay1111 Words   |  5 PagesCase Study: The Brita Products Company CASE SUMMARY Situation Analysis: In 1988 Charlie Couric, a marketing executive at Clorox, oversaw the acquisition by Clorox of the right to market Brita Water Purifier Pitchers in United States, and then became the President and General Manager of  Brita USA. He proposed a risky deficit-spending strategy to gain market with the goal of getting a Brita water pitcher on every kitchen countertop in the United States. As a result Brita USA incurred heavyRead MoreHerman Miller Case Study Essay1040 Words   |  5 Pages |They have cut to zero the capital expenditure in order to bring| | |the company to be as profitable as before. | 3. 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The second simulation, â€Å"Developing Grand Strategies,† challenged decisions made for a company which lead to effective strategy formulation and choices. The third simulation, â€Å"Creating a Strategic Road Map,† provided a simulated experience of how to build a strategic roadmap focusing on the importance and effectiveness of formulatingRead MoreHotels Analysis3906 Words   |  16 PagesTable of Contents Introduction 5 External Environment Analysis 7 Internal Environment Analysis 10 Porter’s Five Forces 13 Tows Matrix 15 Overview of Financial Performance 16 Boston Consulting Group (BCG) Matrix 17 Competitive Profile Matrix 18 Strategy Formulation Methods of Development 19 Conclusion 20 Recommendations 21 Evaluation of Learning 22 Bibliography 23 Table of Figures Figure 1: Economic Survey-----------------------------------------------7 Figure 2: Visitor ArriRead MoreRevlon Inc. Case Study1671 Words   |  7 PagesBody Works, Body Shop, and Victoria’s Secret. 2). Analysis: After studying the case of Revlon Inc’ now we are going to analyze it that what type of strategy they need to follow in the coming years. The Revlon is in troubles in these days and therefore we are going to analyze the external and internal environments of Revlon first then we will suggest with the help of different tools and techniques an appropriate strategy for them. EFE Matrix for Revlon: Key External Factors. Opportunities: 1. TheRead MoreStrategic Management and Matrix13286 Words   |  54 PagesStrategy Analysis and Choice What s Ahead The Nature of Strategy Analysis and Choice The Process of Generating and Selecting Strategies A Comprehensive Strategy-Formulation Framework The Input Stage The Threats-Opportunities-Weaknesses-Strengths (TOWS) Matrix The Strategic Position and Action Evaluation (SPACE) Matrix The Boston Consulting Group (BCG) Matrix The Internal-External (IE) Matrix The Grand Strategy Matrix The Decision Stage TheRead MoreAmerican Express Matrix Analysis1926 Words   |  8 PagesAmerican Express Matrix Analysis Business Policy – BUS 490 May, 23rd 2012 SWOT Matrix 1. SWOT matrix is an approach that is used to evaluate the strengths, weaknesses, opportunities as well as the threats that are associated with all the activities of the organization. An organization should conduct a SWOT analysis strategy with an aim of ensuring that it meets all its set goals. More so they will be at a position of identifying their competitors with whom they operate same businessesRead MorePG Strategic Plan8305 Words   |  34 PagesEvaluation Matrix 8-13 Internal Forces Evaluation Matrix 13-18 Financial and Operational Analysis 18-21 Strategic Recommendations 21-31 The Grand Strategy Matrix 21-24 Internal-External Matrix 24-27 SWOT Matrix 27-28 Strategy Selections 29-31 Action Plan 31-32 Implementation Activities 31-32 Implementation Risks and Mitigation 32 Conclusion 33-34 Appendix A Strategic Assessment IFE Matrix i EFE Matrix ii Debt

Social Welfare System in Hong Kong - 1819 Words

Question 1: Identify one type of the social welfare, discuss its services of Hong Kong and a)explain its values, rationales and objectives; b)ways of service delivery; c)discuss the strengths and weaknesses of the service and d)make suggestions to improve the services in future. CSSA—AN INTRODUCTION The comprehensive Social Security Assistance Scheme (CSSA) is surely one of the most influential social welfare in Hong Kong, in terms of money and beneficiary. In the fiscal year of 2010 alone, 19 billion was spent on CSSA, which increased noticeably by 40% as compared with the expenditure ten years ago. As at the end of 2009, total number of CSSA cases amounted to 289 139, representing an increase of†¦show more content†¦It seems that CSSA was able to fulfill the very basic philosophy of social security policy and social policy in general terms, which is residual or remedial. CSSA is somewhat a passive scheme as a rescue if the applicant himself, or his family failed to help. It is remedial because it functions only if you fall and will not prevent you from falling. This is of no doubt that CSSA can solve immediate issues, but not the root of it. In fact there are changes that CSSA can make to help better cope with this problem. Moreover, there is room of improvement of the efficiency of the scheme, as it has become more and more complex that something can be done to make it more efficient as a safety net. And as progress, it is vital that we look at the possible policy that can be adjusted to better cope with the situation as things do change over time. One of the major characteristics of CSSA is that it is a means tested scheme. In a nutshell, as long as the applicant meets the requirements, the applicants are entitled to get the benefits, as a matter of right. What they do is to assess the quantitative elements of the applicants, such as how many assets they have, how much they earn per month, the severity of his sickness, and treat them as fair as possible, without looking atShow MoreRelatedHow Hong Kong is Dealing with the Aging1094 Words   |  5 Pages(Census and Statistics Department, 2013), the ageing population is increasing as the life expectancy of Hong Kong people is being longer and birth rate is decreasing. Therefore, Hong Kong have already started kinds of policies and projects which are focusing on how to face the changes. The following contents are related with the concept the age-friendly and focus with the situation in Hong Kong. The essay is aimed at analyze with the features and barriers of age-friendly, as wel l as the suggestionRead MoreBasic Law in the Chinese Government780 Words   |  3 Pagescountry, two systems† is an important formula that symbolized the stage of socialist modernization of Chinese Government. The Basic Law is one of the products produced under such kind of ideology. According Article 11 in the Law; â€Å"the systems and policies practiced in the Hong Kong Special Administrative Region including the social and economic systems, the system for safe-guarding the fundamental rights and freedoms of its residents, the executive, legislative and judicial systems and relevant policiesRead MoreThe Protest Of Hong Kong1630 Words   |  7 PagesAnother reason for the protest is the increasing dissatisfaction with the chief executive, Leung Chun-ying, who is very unpopular in Hong Kong. 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One simplistic definition would be to take the median or average income and those who received the middle† level of income are the â€Å"middle class†. Such a definition is easy to understand in mathematical terms, but is naive and has a number of drawbacks. Firstly, how close the income level to the â€Å"middle†Read MoreComment on the Trend and the Size of Poverty in Hong Kong Society. to What Extent Do You Consider the Present Social Security System Would Be Effective to Alleviate Poverty in Hong Kong?3599 Words   |  15 Pages8. Comment on the trend and the size of poverty in Hong Kong society. To what extent do you consider the present Social Security system would be effective to alleviate poverty in Hong Kong? Introduction In such a cosmopolitan city as Hong Kong, it is not uncommon to see a number of affluent parents spending a large sum of money on their children, ranging from joining calligraphic class to extra physics tutorial lessons, and from buying the most updated mobile phones for them to sending themRead MoreCulture And The Meaning Of A Good Old Age1532 Words   |  7 PagesWill the future be good or bad to us in our old age? Does having a â€Å"good old age† depend on our culture and what part of the world we live in? In a study done by Project AGE, which was conducted between 1982 and 1988 in Africa, North America, Hong Kong, and Ireland. The reason for this project was to collect data on how different communities experience and view aging. The researchers used participant observation and interviews to collect personal data from participants. 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Please assess the effectiveness of the present Social Security system and the Minimum wage in eradicating poverty in Hong Kong. Introduction Poverty has been a hot issue in Hong Kong for several years. Several policies developed form the Social Security system have been adopted by the government for soothing this problem, such as the CSSA scheme and the MPF fund. Nevertheless, it seems that the poverty problem is getting worse

Chinese Take Out - Original Writing - 3740 Words

CHINESE TAKE-OUT While the kids were busy playing games on their new Xbox 360, I walked to the back of the cabin to order the solitary book on Dylan’s reading list that I didn’t own. After Lynn moved out I realized there was no need for the queen size bed and decided to downsize to a twin size murphy bed. I called Normanskill Self Storage on Delaware Avenue in Albany. They sent a two man moving crew with a van to break the bed down and remove it from the cabin. They delivered the bed and a few other boxed items to their storehouse where I had rented a 200 foot square climate control unit. I thought about giving the bed away but by storing it I could easily move it back to the cabin in case it is needed in the future. By downsizing I was†¦show more content†¦This small one person operation has a storefront facade shaped in the likeness of a barn. I know if I stepped into the front door of this establishment the boys wouldn’t be able to pry me away for at least an hour. On ce inside the shopper realizes that the store has a terrific variety of genres of manuscripts. In short, everything you could ever want in terms of stock could be found at the Book Barn. Sometimes you have to dig and pick through large boxes and bins to find something you are interested in purchasing, but for the most part the shelves are cataloged in library style and easy to search. The prices are not the best I ve ever seen but they are reasonable. The owner, Caleb Spencer, is picky in terms of the condition of the books he acquires for resale because they are in tip top shape. It s hard to say at this point how often the stock turns over, but I have barely made a dent in browsing through the thousands of volumes. Caleb informs me he doesn t acquire books from individuals and has accumulated his stock in part by buying out 17 other stores over the years. Since I have spent hundreds of dollars there over the past 15 years, Caleb would order any book for me for the lowest cost po ssible. But saving time at this point overrides saving money. As for Mykle, his school does not assign a summer reading list but they request the parents get involved in their children’s educations.Show MoreRelatedMarco Polos Influence On The World1637 Words   |  7 Pageshistorians to diligently compare the book, Chinese sources and any other sources found from the time period to verify the legitimacy of the book. Dr. Ulrich has recently uncovered some very convincing details that Marco Polo really was in China. Evidence of this is that Polo’s book gives extensive descriptions about Mongol Chinese monetary conditions, salt production, papermaking, and governmental structure. 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Every measurable aspect of daily life, such as money, writing, and even axelRead MoreChallenges of Genre for EFL Teachers662 Words   |  3 Pagescommunity. Therefore, how to explain which genre to teach by school teacher to the students? So, this has become a problem/challenge for EFL teachers to teach genre as researchers from New Rhetoric Studies argue that genre cannot be taught. They point out that genres are so changeable and so context-dependent that it makes no sense to teach them outside of that particular context. (Millar, 2011) Moreover, a basic set of general school genre has been introduced to counter that teaching genre is as importantRead MoreHow Paper has revolutionized the World1574 Words   |  7 PagesIn 2nd Century BC, when papermaking was first invented, the Chinese inventors created an object as light as a feather that contains more power than all the armies of the world. Paper has unquestionably been a force that has revolutionized the world. 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Quantity Analysis Regression and Correlation Parameters

Question: Describe about the Quantity Analysis for Regression and Correlation Parameters. Answer: 1. The scatter plot of the age of the cars and the advertised prices is given below: Figure 1: scatter plot of the age of the cars and the advertised prices (Source: created by author) The association between the variables age and price of a used Corolla was found to be -0.945346303. There was a negative association between two variables. With the increase in the age it was seen that there is a decrease in the price of a used Corolla. The strength of association between these two variables was found to be strong as the value was found to be 0.945346303 (Cohen et al., 2013). It is seen that the linear model is appropriate as the cost of assets usually decreases as the age of the asset increases. The relationship between the age of the car and the price of the car also follows this same theory and it was seen that there exists a strong negative relationship between the two variables. The correlation between age and price was found to be -0.945346303. The value of r square between the variables age and price of a used Corolla was found to be 0.894. This shows that the data is 89.4% closely fitted to the regression line (Al-Rawwash Pourahmadi, 2013). It can also be interpreted that the model is a good fit model of the data. R square, known as the coefficient of determination, measures that how close the data is fitted to the regression line. The model does not explain 100% variability of the price of a used Corolla because the value of r square was found to be 0.894. The price of the car had decreased heavily from the 3rd year to 4th This heavy decrease in the price in one year had made the value of r square as 89.4% and the model do not explain the 100% variability of the price of a used Corolla. The slope of the line is -924. The meaning of the slope of the line being -924 depicts that the predicted price of the car would decrease by -924 on increases in one unit f age of the car. The value of y-intercept is 12319.6, which depicts that in absence of the factor age of the car, the predicted price of the car would be $12319.6. If a person wishes to sell a 7 years old car, the appropriate price of the car would be $5851.6. iii. Residuals are defined as the difference between the observed value and predicted value (Lauda?ski, 2013). It is better to buy a car which has the observed value less than the predicted value. This shows that it is better to buy the car that has negative residual. The price of a 10 year old car is predicted to be 12319.6 924 * 10 = $3079.6. It is observed that the price of the car is $1500. The residual of the car is $1500 - $3079.6 = -$1579.6. The regression model cannot be used to establish a fair price for a 20 year old car because the value that is predicted for the car in next 20 years is found to be negative (Barr et al., 2013). This negative value is not possible as the price of the car cannot be negative at any point of time. 2. The Tennant Creek Towns daily water demand was found to be normally distributed with mean 5ml and standard deviation 1.25ml. In order to estimate the number of days in a year where the daily consumptions are as follows: 50% of mean = 0.5 * 5 = 2.5ml. The value of X = 5 + 2.5 = 7.5ml. The z-score with mean 5 and standard deviation 1.25 is (7.5 5)/ 1.25 = 2. The probability if X being 50% or more than the mean is given by P( X 7.5) = P(Z 2) = 1 P( Z 2) = 0.02275 (Struben et al., 2015). The number of days where daily consumption is 50% or more greater than the mean value is given by 0.2275 * 365 = 8.303 = 8 days. Two standard deviation of means are the lower bounds and upper bounds The lower bound is denoted as mean 2(standard deviation) = 5 2(1.25) = 2.5ml. The upper bound is denoted as mean + 2(standard deviation) = 5 + 2(1.25) = 7.5ml. The z-score of lower bound is (2.5 5) / 1.25 = -2. The z-score of upper bound is (7.5 5) / 1.25 = 2. The probability that the value of X lies between two standard deviation is P (2.5 X 7.5) = P (-2 Z 2) = P (Z 2) P (Z -2) = 0.97725 0.02275 = 0.9545. The number of days which lies within two standard deviation of the mean = 0.9545 * 365 = 348.39 = 348 days 25% of the area denotes the first quartile. The number of days corresponding where daily consumption is below the first quartile of demand is 0.25 * 365 = 91.25 days= 91 days. The z-score for 95% distribution of data is found to be 1.645 from the table of normal distribution (Kisbu-Sakarya et al., 2014). The corresponding value of X when the mean is 5ml and the standard deviation is 1.25 ml is given by 1.645 = (X 5) / 1.25 Or, X = (1.645 * 1.25) + 5 Or, X = 2.05625 + 5 = 7.05625 ml. Therefore, the water supply authority should set their capacity at the level of 7.05625 ml in order to save money. 3. A random sample of 25 evening calls is selected at0.05 level of significance. The mean of the sample is 17.2 and the variance of the sample is 4. The null hypothesis and the alternative hypothesis of the problem is as follows: H0: the average length of the evening long distance telephone call is equal to 18.1. H1: the average length of the evening long distance telephone call is not equal to 18.1. The critical value of the test at 0.05 level of significance and 24 degrees of freedom is 0.063 (Efron, 2012). The null hypothesis of the test would be rejected if the p value of the test is less than 0.05; i.e. if the test is statistically significant. The value of the test statistics of the test is (17.2 18.1) / (2/sqrt (25)) = (-0.9) * 5/ 2 = -2.25. The p value of the test at 24 degrees of freedom is 0.0339. The p value of the test is less than 0.05; which shows that the test is significant (Koch, 2013). This leads to the rejection of null hypothesis and it can be interpreted that the average length of the evening long distance telephone call is equal to 18.1. References Al-Rawwash, M., Pourahmadi, M. (2013). Gaussian estimation of regression and correlation parameters in longitudinal data.Journal of the Association of Arab Universities for Basic and Applied Sciences,13(1), 28-34. Barr, D. J., Levy, R., Scheepers, C., Tily, H. J. (2013). Random effects structure for confirmatory hypothesis testing: Keep it maximal.Journal of memory and language,68(3), 255-278. Cohen, J., Cohen, P., West, S. G., Aiken, L. S. (2013).Applied multiple regression/correlation analysis for the behavioral sciences. Routledge. Efron, B. (2012). Large-scale simultaneous hypothesis testing.Journal of the American Statistical Association. Kisbu-Sakarya, Y., MacKinnon, D. P., Mio?evi?, M. (2014). The distribution of the product explains normal theory mediation confidence interval estimation.Multivariate behavioral research,49(3), 261-268. Koch, K. R. (2013).Parameter estimation and hypothesis testing in linear models. Springer Science Business Media. Lauda?ski, L. M. (2013). Regression versus Correlation. InBetween Certainty and Uncertainty(pp. 67-85). Springer Berlin Heidelberg. Struben, J., Sterman, J., Keith, D. (2015). Parameter and confidence interval estimation in dynamic models: maximum likelihood and bootstrapping methods.Analytical Handbook for Dynamic Modelers.