Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer the following questions Airbnb Company Please add reference DIAMOND E FRAMEWORK Strategy - PEST Environmental Link Alignment: Test the STRATEGY above against any

Please answer the following questions

Airbnb Company

Please add reference

DIAMOND E FRAMEWORK Strategy - PEST Environmental Link Alignment: Test the STRATEGY above against any ONE (1) PEST factor

image text in transcribedimage text in transcribed
(B) DIAMOND E FRAMEWORK Strategy - PEST Environmental Link Alignment: Test the STRATEGY above against anyONE (1) PEST factor The pest factor that will be addressed will be a threat from the technological standpoint. The rise of online shopping and STEP 1: PEST Factor to ecommerce sales the past 5 years are on a massive incline be addressed while less and less people want to do in person shopping. This is a huge threat for Costco as one of the maker retail brands in the world, with a limited presence online. The current strategy Costco uses is a low cost, bulk sale, and differentiated product strategy. This means that the company STEP 2: Test the focuses on selling high quality items in bulk for lower than its Linkage of Strategy to competitors, and also uses a membership program to gain the PEST factor customer loyalty and a competitive advantage. This strategy linkage to the PEST factor could work, as Costco can continue to sell most of its products online and continue the membership for customers, in which they will still receive the ewards and benefits of in store scali future goals but there are some gaps and barriers that Costco will have to work around. First being that Costco's strategy is all about the bulk items STEP 3: Forecast - Will that customers can have more than the product selection. this linkage achieve its Buying bulk products online might not work as it might be future goals & plan or is costly and be hard to ship for Costco. there a gap How this PEST factor ranks against the first alternative strategy of Costco is very good. One of their main strategies is their great connections with partnerships, if its businesses or suppliers, Costco uses this relationship to benefit the company STEP 4: Rank against on all levels. When talking about starting an online business for alternate strategic the company, Costco can use this strategy to get in contact alternatives /proposals with big tech companies and suppliers to build an online brand that will be successful for the brand's image and profits. How the PEST factor ranks against the second alternative strategy has some gaps but could work. One of their main strategies is having low operating costs, so having an online business of their size will be an expensive investment for the company. On(B) DIAMOND E FRAMEWORK Strategy - PEST Environmental Link Alignment: Test the STRATEGY above against M (l) PEST factor STEP 1: PEST Factor to be addressed STEP 2: Testthe Linkage of Strategy to the PEST factor STEP 3: Forecast Will this linkage achieve its future goals 8: plan or is there a gap STEP 4: Rank against alternate strategic alternatives {proposals

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Survey of Mathematics with Applications

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

10th edition

134112105, 134112342, 9780134112343, 9780134112268, 134112261, 978-0134112107

Students also viewed these General Management questions

Question

understand what working means to workers;

Answered: 1 week ago