Strategy and Strategic Factors at ACME Birdseed Company

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Strategy and Strategic Factors at ACME Birdseed Company

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Table of Contents
1..................................................................................................................................................3
Strategic Factors.....................................................................................................................3
Competitors Reaction.........................................................................................................3
Environmental Constraints.................................................................................................3
Problems / Opportunities........................................................................................................4
2..................................................................................................................................................4
3..................................................................................................................................................6
Strategies to Regain Market Position.....................................................................................6
Innovation...........................................................................................................................6
Promoting Brand.................................................................................................................6
Pros and Cons of Strategies....................................................................................................7
Pros.....................................................................................................................................7
Cons....................................................................................................................................7
4..................................................................................................................................................7
Competing Low-Cost Strategies.............................................................................................7
Market Segmentation..........................................................................................................7
Cost Leadership..................................................................................................................8
Pro and Cons of Strategies.....................................................................................................8
Pros.....................................................................................................................................8
Cons....................................................................................................................................8

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1.
The economics, government, competitors, customers, as well as the ecosystem are all
uncontrollable factors that might have an impact on an organization's effectiveness. Strategic
management is concerned with a company's clear understanding of its aim, desired outcome,
and guiding principles. The approach necessitates strategic planning a subsection of company
planning that involves a business's ability to establish both short- and long-term goals.
Strategic planning also includes the business choices, activities, and capital allocation
necessary to achieve those goals.
Strategic Factors
The global factors of a corporation are always evolving in circumstances that are beyond the
control of an organization, but supervisors and employees may monitor these advancements
and minimize their repercussions.
Competitors Reaction
As discussed in the study that more and more competitors entered the market and get
successful with their new marketing strategies and products. Some of them also go against
regulatory acceptability and reduce costs to maximize the market share. If a corporation
decides to adopt an aggressive strategy that directly influences important rivals' reactions, the
business may likewise undertake an aggressive counter-plan for security. It would be
ridiculous to expect the corporation to ignore such a possibility.
Environmental Constraints
The accessibility and involvement of a component with its external environment determine its
survival, development, and hence profitability. The external environment consists of the
public at large, which includes investors, vendors, competitors, consumers, creditors, the
state, and society. The amount and extent of the company's reliance on the environment