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You are the business manager of a trendy hairstyle shop in downtown Chicago. As the manager, you are in charge of payroll and paying the bills, hiring and firing, purchasing, training, and customer service. You provide a luxury service, and your average client has different demographics from the rest of the population in the city.
Due to recent competitive developments, you feel the need to learn more about your clients; you specifically want to know how they choose your services over that of the competition. You are aware of the steps in the consumer purchase behavior model and are determined to analyze them in detail.
On the basis of the given scenario, answer the following questions in a 2- to 3-page Microsoft Word document:
On a separate page, cite any sources using the APA format.
Prioritize the various exit strategies and explain the order you established.
How do you believe that information sharing could lead to a reduction of lead times, and how would it be used to reduce its mitigation?
Identify the range of stakeholders who will have an interest in thesocial marketing problem that you have highlighted. You might ?nd it useful to use Mendelow's matrix to analyse and categorise the information.
What are some of the major sources of interpersonal conflict?
Increasing your company's market share is a great way to increase your sales, improve customer and brand loyalty, and reduce your competition.
Calculate the standard error and estimate it's meaning.
What are the relevant legislation and codes and by-laws that need to be considered in the development and implementation of the final strategic plan?
Design a creativity training program. Describe the elements you would include in the program and explain the rationale of each one.
What project portfolio management elements are currently in place in Scott Paper's new product development process and how does Scott Paper's new product development approach reflect its overall business strategy?
The following areas are to be taken into consideration for the declining profits at Greer Construction Company.
What components did you choose to emphasize in the statement? Why? What component do you think really embodies the distinctiveness of the organization?
Strategic Analysis and Strategic Options
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