Prepare a strengths-weaknesses-opportunities-threat

Assignment Help Management Theories
Reference no: EM131132839

I AM RESEARCHING AND ANALYZING THE PUBLICLY-TRADED COMPANY: CVS CAREMARK CORPORATION (NYSE: CVS). I have attached the previous two components of this project for you to use as a reference.

Unit 3 Module: STRATEGY ANALYSES

Part E: SWOT Strategy Matrix

  1. Prepare a Strengths-Weaknesses-Opportunities-Threat (SWOT) Strategy Matrix. This is a 9 cell diagram that matches and links SWOT. Use the proper notation for each of the cells.
  2. There are 8 steps in creating a SWOT Strategy Matrix:
  • List the firm's key external opportunities.
  • List the firm's key external threats.
  • List the firm's key internal strengths.
  • List the firm's key internal weaknesses.
  • Match internal strengths with external opportunities and record the resultant SO Strategies in the appropriate cell.
  • Match internal weaknesses with external opportunities and record the resultant WO Strategies.
  • Match internal strengths with external threats and record the resultant ST Strategies.
  • Match internal weaknesses with external threats and record the resultant WT Strategies.

Part F: QSPM Matrix

  1. Develop a Quantitative Strategic Planning Matrix (QSPM) to determine relative attractiveness of various strategic alternatives.
  2. Follow these steps:
  • Make a list of the firm's key external opportunities/threats and internal strengths/weaknesses in the left column of the QSPM.
  • Assign weights to each key external and internal factor.
  • Examine the Stage 2 (matching) matrices and identify alternative strategies that the firm should consider. Record these in the top row of the QSPM. Group the strategies into mutually exclusive sets if possible.
  • Determine the Attractiveness Scores (AS).
  • Compute the Total Attractiveness Score.
  • Compute the Sum Total Attractiveness Score.

Document Preview:

Name Course Instructor External Analyses Company's external opportunities and threats Opportunities Growth in demand for the anti-aging and the generic drugs in the US The company could invest in new acquisitions such as to acquire companies like Universal American Corp New customers for 360 beauty Emerging markets such as in India, China and Russia also the global pharmaceutical is growing withy more people seeking to access medical care There are health care reforms that will see more and more people being covered for healthcare expenses The development of the photo graphic markets which appeals to various customers Patents of branded drugs of other pharmaceutical companies losing the protection. The health care market is growing at a rate of about 9.5% per year. Growth in the population of those aged above 65 years in the US. Threats There could be increase in the extensive regulations that governs the drug industry right from the invention to the approval High competition from other big pharmaceutical firms such as Walgreens Extensive research costs required for coming up with new drugs Potential interventions by the government Wal-Mart company has been able to capture the market in a much bigger way than CVS There could be shortages of pharmacists and specialists especially in this modern era The growth of the firm is quite unstable Walgreen which is a competitor is growing at an alarming rate Loss may come up about as the patents of the company expire opening up for other firms to produce the company's branded products Competitive Profile Matrix The critical success factors weights rating weighted score rating Weighted score Rating Weighted score Advertisements High quality products Competiveness in the prices The financial position Loyalty of the customers Expansion in the global arena Share in the market The organizational structure Quality service to the customers High capacity for production High employee...

Reference no: EM131132839

Questions Cloud

Compute the financial ratios of bank of america : Using the Excel template in the Financial Ratios lesson page, compute the following financial ratios of Bank of America for the year 2013.
What do we call an irrevocable offer by a merchant to sell : What do we call an irrevocable offer by a merchant to sell or buy goods, made in a signed writing that gives assurance.
Brief intervention summary for the organization in the case : Go to the U.S. Equal Employment Opportunity Commission website and review an EEOC case from within the past three (3) years. Assess the main problem or issue from the case, then create a brief intervention summary for the organization in the case ..
Explain the field of microbiology to a high school student : If you were to explain the field of microbiology to a high school student, how would you describe it? What is the field of microbiology all about
Prepare a strengths-weaknesses-opportunities-threat : Prepare a Strengths-Weaknesses-Opportunities-Threat (SWOT) Strategy Matrix. This is a 9 cell diagram that matches and links SWOT. Use the proper notation for each of the cells.
How engineering and business ensure entrepreneurship : Engineering and business seem to be the focus of entrepreneurship at UWaterloo, how can they ensure it is part of there campus wide culture?
Why paid-in-capital and retained earnings display separately : Why are paid-in-capital and retained earnings displayed separately in the stockholder's equity section of the balance sheet? Why would investors buy common stock when preferred stock is available?
Rfid technology & time based competition : This paper is based on your readings and assignments so far from this class. Use this material to discuss and explore the synergy that RFID technology & Time Based Competition has had on the grocery retail industry. (Read Chapter 6- 7 from book2 ..
How have their actions resulted in dissolution of the merger : Based on your own research, how has each organization's and each country's cultural factors led to the low performance in the Chrysler division? How have their actions resulted in dissolution of the merger? How do you think Daimler's HRL could hav..

Reviews

Write a Review

 

Management Theories Questions & Answers

  The hotel paris competitive strategy

The Hotel Paris's competitive strategy is "to use superior guest service to differentiate the Hotel Paris properties, and to thereby increase the length of stay and return rate of guests and thus boost revenues and profitability." HR manage..

  Management and organisation in a global environment

Management and organisation in a global environment.

  How might a manager use personality traits

How might a manager use personality traits to improve employee selection in his department? Emotional intelligence? Discuss.

  What role has globalization taken in pharmaceutical market

What role has globalization taken in the pharmaceutical market? What role does research and development play in the pharmaceutical industry?

  Firm producing a single product

firm producing a single product has three plants and four customers. The three plants will produce 6, 8 and 4 units, respectively, during the next period. The firm has made a commitment to sell 4 units to customer 1, 6 units to customer 2, and at ..

  What should the person who faces this ethical situation

Is this ethical dilemma at the personal level or the Organization at level, what ethical principles are at stake in this situation and what should the person who faces this ethical situation do

  Describe the problem and the issues surrounding it

Describe the problem and the issues surrounding it.

  Solve the following transportation problem

Solve the following transportation problem:(Calculate BFS by VAM) 5 3 6 2 4 7 9 1 3 4 7 5 16 18 31 25 Availabilities are 19, 37, and 34 respectively.

  Ethical dilemmas than members of other functional area

Why are marketers likely to be faced with more ethical dilemmas than members of other functional areas, like finance, accounting, or real estate?

  What factors determine the appropriate authority

What factors determine the appropriate authority and control structure in a research and development laboratory, a large department store, and a small manufacturing company?

  Pair-wise fashion with respect to one performance measure

Suppose 4 scenarios were compared in a pair-wise fashion with respect to one performance measure. How many comparisons are made? If a = 0.01 is used for all comparisons, what is the upper bound on the a for all the comparisons made?

  Unique applications of undeniably cool technologies

If necessity is the mother of invention, then capitalism is surely the mother of innovation. Companies are being driven to develop unique applications of undeniably cool technologies by the drive to create a sustainable competitive advantage. "At ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd