Corporate Environments Is Anton Rabie Making Programmed Term Paper

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Corporate Environments

Is Anton Rabie making programmed or non-programmed decisions? Explain.

Given the fact that, according to the scenario, Anton did not have a firm purchase order in hand yet he still decided to take the risk and began manufacturing hundreds of thousands of Earth Buddies in the hope that Kmart would actually send in an order, Anton is operating on instinct or an overall feel of the general market, rather than making programmed decisions. However, this has proved, given the still relatively small scale of his endeavors, relatively successful for his firm.

Describe the three activities that are required in the strategic planning process. What kinds of things would Anton Rabie need to do at Spin Master Ltd. To complete these steps?

To assess the overall environment, the goals, and the mission of the organization, Rabie would have to gain an overall assessment of his competitors, set financial goals for his endeavors, and rate the product's overall probably success against competing products in the 'pet' industry of the horticultural or plant market.

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Rabie thus must, to create a fully legitimate business plan and to more securely establish his company's fortunes, determine whom are his leading competitors -- such as Chia Pet -- decide what sort of a threat they pose, set financial goals for his business to ensure that his corporation can remain competitive during the fragile beginning years of firmly establishing himself at the head of his industry, and then be able to rate his developing products uniqueness and marketability against competing products and products that Rabie's organization has marketed in the past.

Explain the concept of environmental scanning and the six key factors in the environment of business firms. Which of these factors are likely to be most important for Spin Master Ltd.

The concept of environmental scanning is to scan or assess the overall business environment for a new product. Environmental scanning involves overall market analysis, creating an effective promotion plan, assessing financial data for potential….....

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