Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is values-based service? How can a company create value for customers and other stakeholders?Values-based service is defined as service that is firmly based on the core company values as well as social and environmental responsibility. When the core company values and the social and environmental values are in accordance with the values of customers and other stakeholders, resonance (rather than dissonance) occurs. To be successful, a values-based service business must seek resonance with its customers and other stakeholders in terms of values and avoid any suggestion of dissonance. Companies, such as IKEA, nurture and communicate values in their customer relationships.Read the article “Values-Based Service Brands: Narratives from IKEA” by Edvardsson from the readings for this module. Using IKEA as the company in point, conduct research, using the Argosy University online library and the Internet, to better understand the “IKEA environment.”Based on your research, write a report addressing the following points:IKEA’s Marketing Corporate strategy begins with marketing and understanding the key elements of the marketing plan. For IKEA, describe the following elements of its marketing strategy: How do IKEA’s products, services, and related attributes satisfy the wants and needs known as its value proposition? How does IKEA create a well-defined market position that appeals to customer wants and needs and differentiates its offering from competitive offerings in a process known as positioning and differentiation?Assess IKEA’s strategy using the criteria listed below: Value Chain Analyze the three sources of value (economic, social, and environmental) in IKEA’s value chain. Explain sources of value as they relate to the wants and needs of IKEA’s core customer. Explain how IKEA’s supply chain supports its value proposition. Explain how IKEA’s focus on customer value is reflected in its supply chain. Intangible Products Explain IKEA’s intangible products and benefits. Explain how other firms employ this concept of intangibles to erect barriers to entry for competitors. Explain how the concept of intangible benefits is used to increase profits. Customers IKEA considers the customer to be a critical stakeholder. The IKEA message is directed to the majority of people and what they can afford, and its pricing is dependent on the economic values that serve a majority of its customers. Explain how this approach may or may not maximize profits for IKEA. Explain if this premise is at odds with supply and demand economics. Give reasons for your answer. Performance Measures Suppose you are a vice-president of manufacturing for IKEA and are responsible for establishing operating performance measures. For all of the performance factors other than quality and cost, create a set of 4–6 performance measures for evaluating your managers that integrates IKEA’s values (economic, social, and environmental) as discussed in the article written by Edvardsson. For each performance measure, identify one specific process measure that demonstrates how well these values are being upheld in the manufacturing activities including suppliers of the company. Recommend how you would develop the workforce to live these values in the workplace. Suggest types of hiring, training, and performance management criteria that you will apply to the workforce.
Heavy Metal Corporation is expected to generate the following free cash flows over the next 5 years:
What would be the approximate expected price of a stock when dividends are expected to grow at a 25% rate for 3 years, then grows at a constant rate of 7.5% if stock's require return is 15% and next year's dividend will be $2.00?
1. name two forms of risk consideration in addition to tax.2. true or false if the value of the us is increasing stock
Determine which of the following activities is not part of the management planning and control cycle:
The E-Corporation manufactures trendy, high-quality moderately valued watches that it sells on the Internet. As the corporation's senior financial analyst, you are asked to analyze the overall profitability fo the current year.
The risk-free rate of return is 10%, the required rate of return on the market is 15%, and High-Flyer stock has a beta coefficient of 1.5. If the dividend per share expected during the coming year, D1, is $2.5 and g=5%, at what price should a shar..
The current price of a stock is $20 . In 1 year, the price will be either $26 or $16. The annual risk -free rate is 5%. Find the price of a call option on the stock that has a strike price of $21 and that expires in 1 year. (Hint: Use daily compou..
Based on the information below, please calculate the expected return and standard deviation of each of the following stocks. Assume each state of the economy is equally likely to happen. What are the covariance and correlation between the returns ..
What role does the weighted average cost of capital play when determining a project's cost of capital?
Fernando Designs is considering a project that has the following cash flow and WACC data. What is the project's discounted payback?
explain why no single approach will always work in a complex and competitive business world.what are the advantages in
Suppose that a firm has a marginal tax rate of 44% and an average tax rate of 33%. What would be the tax paid on a new project that will contribute an additional $7409 to the firm's cash flow?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd