Strategic management
Strategic management: Very very very important no plagiarism and 5 references in APA format and please be in time
Subject -Strategic management
Please do good online research
write minimum of 800 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
As you close your weekly meeting with Deborah, she says, “There are some very good ideas here. I would like to see you continue with a global marketing plan. We need more concrete analysis and data for the presentation. Get your team to work.”
After your meeting with Deborah, you briefly meet with your team to discuss moving toward a more formal analysis.
“Tiffany and Mike, we need to provide a more detailed analysis,” you explain. “You’ve done a great job so far looking at what resources we need and potential countries, but we need to really dig deeper on this.”
Tiffany nods her head in agreement. “Definitely,” she says. “We need to look at some internal variables as well as political, environmental, sociocultural, and technological environments of the countries that we are considering.”
Mike interjects, “Well, that’s something we should consider, but it’s not the only way to analyze this type of project. This is such a big decision, and we need to give as much information as we can.”
You reply, “Great point, Mike. We should look at this from a couple of different angles.”
The next step in your strategic marketing plan is to determine the tools that are needed to conduct an analysis of the industry and competitors. Complete the following:
What are the best tools to use in this situation?
Provide a brief summary of at least 2 of these tools.
Why do you think these are the best ways to analyze the market?
How will you use these tools in your plan?
Note -No plagiarism all must be in APA format and minimum of 5 APA format references with links
Please answer each and every question very clearly in detail
……………………………Answer preview……………………….
Being ahead of competitors is the goal of every business. Businesses are continuously interested in knowing how their competitors operate, including their marketing and sales strategies. Businesses that do not know how their competitors are performing have difficulties in maintaining their market share and possibly attracting new customers……………………………….
APA
1042 words