business strategy

Dirks on Strategy: Walmart breathing down your neck? Here's help Times Herald-Record

Date: 03.02.10

"GameStop Slashes Guidance After Blowing Quarter"

"Best Buy Goes After GameStop on Their Own Turf"

GameStop is suffering from two common ailments that can afflict any business: commoditization of its products and pricing pressures. When your product or service becomes a commodity that can be purchased from many other sources, you can find yourself in quite a battle. Commoditization often leads to downward pricing pressure that creates havoc on profit margins. And so, your battle begins.

So what's a company to do when larger businesses with greater distribution (Walmart, Best Buy) decide to take you out? Are you going to compete on price? Sure, if you want to see your profit margins continue to compress and your market share shrink.

In GameStop's case, Walmart and Best Buy have a huge advantage in distribution capacity alone. Both represent a combined distribution strength of more than 9,000 retail units That figure doesn't include Walmart's Sam's Club, which represents another 602 centers in the United States alone. Both Walmart and Best Buy also have robust distribution power represented by their online sales capacity.

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What are the downsides (dsadvantages) of investing in new technology, is a good business strategy?

Picture this scenario: As a future stategy for an airline company, they decide to invest in technology, say the installation of Tv units (or anything thing u can think about) in the back of every seats, or a joint venture with a more famous airline say Singapore airlines, where bothairlines could work with each other and develop new technologies, new machinery, better service? Would those new strategy make sense in the external competitive environment? (i.e. what customers require, what competitors are doing, trends in the business environment)

I think so because I have spoken with many people who only fly on JetBlue airplanes for the exact reasons that you speak of; multimedia systems that keep them entertained over the course of long, boring flights. Sure, it costs an airline money to do this but when you consider the fact that some passengers will fly with your airline exclusively for the reason that you offer such systems, then it becomes a good investment. You really wouldn't be developing this technology with an airline, such as Singapore, because there are many different components manufacturers and suppliers that can already provide your airline with such technology. In other words, there are other companies that you can buy this stuff from, off the shelf, for each of your passenger seats. None of that is new technology, and these are standard options from both Boeing, Airbus, various aircraft interior refurbishers, corporate aircraft manufacturers, etc.

how do I put together a new busines strategy or business plan?

It's for a new business venture, so I would like to know areas I can touch on in putting together a business strategy.

Go to http://www.sba.gov , http://www.score.org or http://www.bplan.com for instructions on how to write a business plan and sample business plans.

What are the downsides (dsadvantages) of investing in new technology, is it a good business strategy?

Picture this scenario: As a future stategy for an airline company, they decide to invest in technology, say the installation of Tv units (or anything thing u can think about) in the back of every seats, or a joint venture with a more famous airline say Singapore airlines, where both airlines could work with each other and develop new technologies, new machinery, better service? Would those new strategy make sense in the external competitive environment? (i.e. what customers require, what competitors are doing, trends in the business environment)

I think so because I have spoken with many people who only fly on JetBlue airplanes for the exact reasons that you speak of; multimedia systems that keep them entertained over the course of long, boring flights. Sure, it costs an airline money to do this but when you consider the fact that some passengers will fly with your airline exclusively for the reason that you offer such systems, then it becomes a good investment. You really wouldn't be developing this technology with an airline, such as Singapore, because there are many different components manufacturers and suppliers that can already provide your airline with such technology. In other words, there are other companies that you can buy this stuff from, off the shelf, for each of your passenger seats. None of that is new technology, and these are standard options from both Boeing, Airbus, various aircraft interior refurbishers, corporate aircraft manufacturers, etc.

Where can i get a list of professional business strategy courses available in london?

I work in london and i want to do a good business strategy course. It could be online or classroom

Go to:
http://www.managers.org.uk/
This is the Chartered Management Institute and they will be able to help and advise you further.

what is the strategy of the business unit food for marks and spencers strategy?

basically i need to know what the business strategy is of a certain business unit. The company i need it for is Marks and Spencers and the business unit i need it for is food

This business strategy should include
- External Analysis leading to Opps and Threats
> - Internal Analysis leading to Strengths and Weaknesses s
> (Identify sustainable competitive advantage (if they have one) from corporate and
> business strategy analysis)

Many Thanks, hope someone can help x

Have you tried asking Marks and Spencer ?

Anyone have any ideas for an interesting research topic to do with Business strategy?

I recently was told to change my dissertation topic as my area of research was to wide. I am now looking into doing a project on business strategy but I cant think of anything specific. Anyone have any ideas of companys or industries that have interesting business strategies? Any help will be most appreciated. Thanks

JIT
Just in time, an inventory approach

its how Wal-Mart makes millions. It reduces cost of inventory, storage meanwhile if you have the right suppliers, you never run out of product.

its near impossible for everyone but if you can make it work, it is worth it.

look it up, its one of the more interesting things i found in business
just because its a you can or you can't kinda thing

I have a business strategy, will it work?

I want to establish a cleaning business where we provide mobile steam cleaning services at the customers location. I have no funds but what I will do is get the contracts in hand first and get a down payment against the services before its rendered, to finance my start-up. Will the strategy work?

Sounds good. You can also look into a making a business plan, and applying for financing(loan) from a financial institution.

For a business plan there is a very good interactive website that might help get the plan done step-by-step, its absolutely free, and gives samples as well.
Its a service provided by the Canadian Business Service Center

www.cbsc.org/ibp

Best of Luck - Buena Suerte

What is business strategy of Canon and Pentax?

I have to write report about canon and pentax comparing their business strategy and business performance. Help me please!!!!

They've both gone digital! That's the wave of the present and future. Film is a thing of the past......move on from there!

What are the downsides (disadvantages) of investing in new technology, is it a good business strategy?

Picture this scenario: As a future stategy for an airline company, they decide to invest in technology, say the installation of Tv units (or anything thing u can think about) in the back of every seats, or a joint venture with a more famous airline say Singapore airlines, where both airlines could work with each other and develop new technologies, new machinery, better service? Would those new strategy make sense in the external competitive environment? (i.e. what customers require, what competitors are doing, trends in the business environment)

this is dating not business

What is a good business strategy for a Manufactured homes business?

Can you provide some details concerning the different business strategies in relation to the Manufacured homes business in specific and the industry in general

What aspects of this business are you considering? If you want to buy them and place them on vacant land to sell, you'll need a boat-load of cash for the land to start, then $$$ for permits & to lay the foundation and bolt it down. You will also need a down-payment & get a loan if not paying cash for the home itself.
Don't buy an older pre-'76 home, no matter how cheap if at all possible. Aluminim wiring makes them a high risk for lenders & insurers. You'll end up paying high % rates and such. Post '76 homes with cheaper % rates & less maintanance cost less even though they have a bigger price tag. People also make $$$ pulling older homes off mobile home parks, selling them to farmers or in Mexico, and placing new ones in for profit. Hard to get in to as an outsider. Old-timers have it wrapped up but you can always try charming your way in. It works in those parks.
Do your homework. Check in to getting a mobile home sales license. Different in CA than realtor license. Quicker & less painful.
The industry in general has always done well and will continue to do so as long as "sticks & bricks" are so expensive. There will always be a place for them.
If you can't find the land and place them, work for someone else only until you can open your own showroom. It's the owners who make the most $$$.

The Five Competitive Forces That Shape Strategy

An Interview with Michael E. Porter, Professor, Harvard University. Porter's five competitive forces is the basis for much of modern business ...

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