Friday, May 10, 2019
Business Final exam Essay Example | Topics and Well Written Essays - 3000 words - 1
Business Final exam - Essay ExampleFor example with the development of the in the altogether-fashioned accusations against AB sugar, there is a need to strategize. Strategizing will involve analyzing the eight business environments in which the alliance operates.Here we analyze the people who be the end users of the product or the people we do business. Their identities, habit behaviors, habits, needs and even their situation in life. The company AB sugar deals with a complex node environment that includes other businesses, the government, groups, and even the individual himself (Albrecht, p6). All these people represent AB sugars patrons. Analysis of the consumer environment may be demographically in terms of gender, age, and their buying habits. How health conscious are they and what is their attitude towards institutions and companies like AB sugar (Albrecht, p5).Here the issue of the customer also comes up. Whom are we competing? We should bearing at identifying their we aknesses, their current and previous behaviors and get to know their motives. Interaction between the potential competitor and the customer you are both aiming to do business with is an issue to look at. What are the products they are bringing into the grocery store (Albrecht, p6)? For example, the players, in this case may be other companies in the same line of business, sugar, and who may be influencing the customer to do less business with you (Albrecht, p6).The economic environment is complex and volatile. In this case, we look chiefly at the market itself. What are the latest trends, prices, and even costs? What is the market dynamics generally? AB sugar needs to be up to date with the changes taking place in the market in order to identify changes it may benefit from or those it needs to change for it to benefit (Albrecht, p6-p7).What are the new technologies developed, what are the trends in technology for example in production or marketing or what are
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