Reference no: EM132670916
In the spring of 2016. Home and Garden Television (HGTV) and the fixer upper season final closing five years on the network during which the series had become increasingly more popular. Not only had the program drawn attention to the other properties of Chip and Joanna Gaines, the stars of the show, but a spotlight had also been focused on the site of the show-Waco, Texas with the end of the fixer upper, people wondered what would happen to the various magnolia businesses, as well as the host city whose prominence had grown along with the popularity of not only the fixer upper show, but also the Gaines family.
Explained the Magnolia business using the question below as a guide.
FIXER UPPER: MAGNOLIA QUESTIONS:
1. What are the major elements of Magnolia Inc.'s competitive strategy?
2. How well do the pieces fit together?
3. Is the strategy evolving?
4. Explain the pressures facing Magnolia Inc. in its internal and external environments.
5.How would you prioritize the pressures?
6. What strategic issues confront Magnolia Inc. in 2018?
7.What market or internal circumstances should most concern owners Chip and Joanna Gaines and the company's senior management team?
8. What recommendations would you make to Magnolia Inc. to address the strategic issues confronting it in 2016 in order to sustain its impressive growth in revenues and achieve profitability?
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