Describe the different issues related to environmental

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Reference no: EM133765657

Learning Outcomes:

1.Describe the different issues related to environmental scanning, strategy formulation, and strategy implementation in diversified organizations. (CLO2)

2.Explain the contribution of functional, business, and corporate strategies to the competitive advantage of the organization. (CLO3)

3.Distinguish between different types and levels of strategy and strategy implementation. (CLO4)

4.Communicate issues, results, and recommendations coherently, and effectively regarding appropriate strategies for different situations. (CLO6)

I.Case study (1.5 Marks for each question)- Max 700 words

Read carefully the case No.26 from your textbook entitled "Rocky Mountain Chocolate Factory Inc. (2008): Recipe for Success" (Authors: Annie Phan and Joyce Vincelette) and answer the following questions:

1)Briefly discuss the different functional strategies of the corporation (marketing, operations, distribution, HR, finance, and purchasing).

2)Describe the competitive position of the company. Briefly explain which type of competitive strategy is used.

3)What is/are the type(s) of the directional strategy (ies) used by the company? Justify.

4)How is the relationship between the company and its customers? What is the company doing to enhance their satisfaction and sustain the relationship with them? Justify.

Reference no: EM133765657

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