Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1: Company Background (approximately page) 5 Marks Apple and a short outline of their business. Information that you could include here is: What the

Question 1: Company Background (approximately page)5 Marks

  1. Apple and a short outline of their business. Information that you could include here is: What the company does, its mission/vision, amazing new products they have created, and your thoughts on what they do well and not so well. You can find this by researching the company's website, annual reports, or general news articles.

Question 2: Competitive Environment (approximately page)- 5 Marks

  1. List at least 2 companies that you believe are the primary competitors to your selected company. For each competitor, using the information described in the text in section 2-2 Forces of Competition, explain if the competitor is a Direct, Substitute, New Entrant, Supplier or Buyer.
  2. How do you believe your company differentiates itself from its competitors? For example, consider such questions as What do you think makes your company special? Why do consumers choose to buy their products over competitors' products? What 'problems' are they solving for customers better than how other companies can solve them? How do they convince consumers that they are the right choice over the competitors?

Question 3: Strengths, Weaknesses, Opportunities, Threats

1. Complete a SWOT analysis for your company using a matrix such as the one below. Try to come up with at least 3 thoughts for each of the "S" "W" "O" and "T" (i.e. 3 Strengths, 3 Weaknesses, etc.)- 10 Marks

Internal Strengths Weaknesses
Insert your strengths here Insert your weaknesses here
External Opportunities Threats
Insert your opportunities here Insert your threats here

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Foundations of Marketing

Authors: William M. Pride, O. C. Ferrell

3rd Edition

618973370, 547154569, 9780618973378, 978-0547154565

More Books

Students also viewed these Marketing questions