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The year is 2013 and Trader Joe's CEO has hired you to advise on the competitive landscape in the the supermarket industry (Trader Joe's by
The year is 2013 and Trader Joe's CEO has hired you to advise on the competitive landscape in the the supermarket industry (Trader Joe's by David L Ager and Michael A Roberto). Financial ratio analysis of key competitors below and describe the following:
- How financial ratios connected to a strategy (describe each), or described something that didn't quite seem like a strategy. When talking about strategy, you can start with Porter's strategic positions or the generic strategies (low cost, differentiator, broad or focused). If these don't encapsulate a business's strategy, then make sure you are describing what a business does to maintain a competitive advantage over others.
- Also to talk about growth options for TJ's that maintain "their current source of competitive advantage," you needed to talk about what that source is!
- A recommendation on what TJ should do to continue to grow revenue and profit while maintaining their current source of competitive advantage.
- TJs is considering expanding into new geographic markets or doubling down (increasing presence in existing markets), and is also willing to consider other suggestions while maintaining a competitive advantage.
- Do you believe TJ's source of competitive advantage is its people?
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