Maf640 Tutorial 123 Sept2014

8/10/2019 Maf640 Tutorial 123 Sept2014

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TUTORIAL CHAPTER 1,2 & 3


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JUNE 2012 Q1 &Q5 APR 2010- Q1 &Q2

APR 2009- Q1

APR 2008 Q2 Common Test Oct 2011

Common Test Nov 2012


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Agree SF use of resources as the foundation for

producing goods &svs When there is value in the product &svs s

performance characteristics and attributers customers willing to pay for the good and svs

So increase in sales revenue, rise aboveaverage returns & enhance sustainability


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Are Sofia Foods healthy and tasty burger

patties costly to imitate?The burger patties are not costly to imitate

because it does not have a unique historicalcondition Are Sofia Foods healthy and tasty burger

patties non-substitutable?Burger patties would not be non-substitutable in the long run because thereare many substitute health food productsavailable


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Yes, it is a good idea Leave it to an expert & experienced chef

Venture into new ideas from outside & build

innovation to the business No additional investment to cater for lack of

knowledge

Supply at lower cost (cuisine) from

experienced chef


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Players Jaya Auto & Foreign carmakers Players are faced with intense competition

Product war- improve quality & create value

Lower cost & at the same time improve theirproducts quality & design

Come out with equivalent if not betterproduct than foreign carmaker


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Yes it is necessary to reexamine the visionstatement

Statement articulates the ideal descriptionand gives shapes to intended future- revisit

& reexamined the vision statement Should clearly tied to the condition in Jaya

Autos external environment & internalorganization

Should capture the hearts and minds of itsemployees and its stakeholders too.


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Yes agree Better understand the industry & general

environment characteristics

Be ready and prepare in the current newchallenges

Improve efficiency- management andemployees do not stay complacent and

satisfied with its state of affair


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Yes, Ice-cream Theatre is a competitiveadvantage

Valuable- Ice-cream theatre is a feast ofeyes

Rare- special attraction, do not possessed byothers

Costly to imitate- skilled talent and

specialized assets Non-substitutable- competitors cannot

replace wt other substitute


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Quality as well as the premium price ismaintained

Competing with other low costs as well aspremium priced ice cream

Rival- easily able to attract buyers with theircomparatively low prices


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Should open more parlors at the up marketshopping mall

High-end image- an expensive brand

Ice-cream Theatre main attraction

Glamour & uniqueness


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Yes, Mazlin should take extensive externalenvironment

Time to study on the behaviour of the newtarget market

Findings decide to open or not

Identify opportunities


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No it is not wise All business must have vision & mission

To compete and the customers intends toserve

Positive effect to the business performance-inspiring future


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Create awareness Fun exhibition

Priviledge card

Discount


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No, CF not able to earn above average return Complement each other use both model

Ex environment may impose pressures &constraint that determine strategies thatwould result above average return

Firm prepare for challenges of extenvironment

Firm prepare to faced problem & threat of extenvironment


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Political Segment- government decision toban all product using ammonium bocarbonatfrom China

Geographical Segment

Economic

Technological

etc


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-ve impact to rivalry among competitorconfectionary producers

+ve impact substitute product


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Yes, Samad should undertake an internalenvironment analysis

Can Identify business core competencies

Can identify core rigidities

Know his limitations and not too ambitious

Can Identify old advantages


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Yes, Samad should analyze the externalenvironment

Better understand the industry & generalenvironment characteristics

Be ready and prepare in the current newchallenges

Improve efficiency and performance of

business


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Not agree Nicola glory 25 year ago is still asustainable competitive advantage

Valuable

Rare

Costly to imitate

Non-substitutable


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Threat of the substitute is the sport andrecreational clubs ability to steal away buyersof the sport shop

The Club is not a threat to Jaguh Superstorebecause the satisfaction that buyer can enjoywhen buying their own equipment for theirgame


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Sosiocultural segment- societys attitude andcultural values

Technological segment- initiated the move tohave high speed wireless internet


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Nicola should take strategic planning The need to ensure a sustainable future-

business need to have detailed planning

To ensure competitiveness- ensureeffectiveness and efficiency to run thebusiness


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Causes led to the liquidity problems ad-hoc tactic of loss leader strategy- most

times items are sold below costs

Supplier is not giving a good credit term

Has poor record keeping and it lacks of goodcontrol


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Technological segment- advancement oftechnology make almost all of printed media

joined the e-media bandwagon

Sosiocultural segment- reading cultureamong the IT savvy generation has changeddrastically- esp the younger generation


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Valuable- Remajakini is no more popular andfaced declining in sales

Rare- not rare has substitute andcompetitors

Costly to imitate- advancement of technologyhas led to cheaper facilities

Non-substitutable- substitutable can be

obtained via website


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RBM not able to help because The magazine is being threatened by the

segments in the external environment

Need to study external environment


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Recommendation to Chief Editor; Organize a competition with exclusive prizes

Organize an exclusiveevent/concert/dinner/function that involvesfamous celebrities for the readers of theprinted magazine

To collaborate with other businesses that can

gives coupons, discount vouchers or sample

Documents

Maf640 Tutorial 123 Sept2014