...SWOT Analysis of Target Corporation Student’s Name Affiliation ID Date of Submission 1. Introduction Target Corporation specializes in detailing business, having origin of America, and its headquarters is located in Minneapolis, Minnesota. At start, this company took birth with the name of Dayton Dry Goods Company, further, which was renamed to the Dayton Corporation. The very 1st store of this organization started working in 1962. “Rapid growth of Target as division of Dayton Hudson Corporation; compelled the owners to rename it as Target Corporation in 2000” (corporate.target.com, 2014). “Target Corporation is considered as second largest retailer providing discounts on its produce in the United States after Walmart” (Dudley, 2013). Target Corporation stood at 30th rank in 2010 and Fortune 500 list, and it is a component of Standard & Poor’s 500 index. The basic business in which the Target Corporation deals are, general merchandise stores, which comprise of food items along with general merchandise. “In the report of fiscal year 2013 Target stores having this collection of food items which include perishable items along with dry, dairy and frozen food items” (Target.com, 2014). 2. Mission statement. The mission statement of the company describes the core objective of the company described in a statement form. Mission of Target Corporation is to make its most favorite and perishable shopping destination for all types of customers from every walk of life by delivering...
Words: 1454 - Pages: 6
...Competitors Analyis 1. Major Competitors As a major communication service provider that covers 280 million people in the United States, T-Mobile still has major competitors that the company has to continuously compete with. T-Mobile’s major competitors are At&t Inc., Sprint Nextel Corporation, and Verizon Communications Inc. (Annual, 2014). 3. Competitors Comparative Advantage T-Mobile’s competitors have a comparative advantage that makes competition fierce. At&t Inc. has a strong competitive advantage over T-Mobile by having a strong position in the business services market. Among their business strong position At&t Inc. also has the world’s most advanced Internet Protocol (IP) backbones in the industry (AT&T Inc., 2014). At&t Inc. is also one of the largest telecommunications service providers as they serve to 110.4 Million wireless subscribers, 24.6 million line subscribers, and 16.4 million broadband subscribers by the end of fiscal year of 2013. The company shares a 58% market share with Verizon, AT&T holds a 27% market share (AT&T Inc., 2014). Another fierce competitor that T-Mobile has to strategically compete with is Sprint Nextel corporation. Sprint Nextel Corporation has a competitive advantage over T-Mobile as they are the third largest telecom provider in the United States. Sprint as also partnered up with SoftBank, an internet company, that has invested $22.2 billion for an 80% stake in Sprint (Sprint Nextel Corporation...
Words: 709 - Pages: 3
...Task: Marketing Plan Analysis – Research Project Title: Etihad Airways - Marketing Plan Date: 20th November 2014 Company Background Etihad Airways is the national carrier of the United Arab Emirates, as well as carrier of the Abu Dhabi region. Royal (Amiri) Decree of Abu Dhabi first established Etihad Airways in July 2003 (Rodrigues, 2010, Etihad Airways – Marketing Plan). The Airline since commenced its commercial operations in November 2003, taking the lead in the fasting growing Airlines in the history of commercial aviation (2014, Etihad Airways). Synopsis This business report will critically analyse the extent to which, the five elements of the marketing process is addressed in the Etihad Airways Marketing Plan. The report will be divided into six main categories under the Marketing Process, they include; Situational Analysis, Market Research, Establishing Marketing objectives, Identifying Target Markets and Developing Marketing Strategies. In continuation, this report will address areas of strength and weakness in the business as well as three realistic recommendations to improve the Airlines marketing plan. Page 2 Table of Contents 1. Situational analysis…………………………………………………………….4 2. Market Research………………………………………………………………..5 3. Establishing Marketing Objectives………………………………………….6 4. Identifying Target Markets…………………………………………………….7 5. Developing Marketing Strategies…………………………………………….7 6. Implementation, Monitoring and controlling...
Words: 2336 - Pages: 10
... Collins, Bruce A. Colorado Technical University Abstract Mike, Tiffany and I have just met. Mike is confident about the analysis we did of our strategy and says all we have to do is “put the pieces together before the final presentation.” ("Mgmt690-1404b-05 strategic management,") Tiffany says “We do have solid information, but we have to look at all the parts to see if we can remain competitive.” ("Mgmt690-1404b-05 strategic management,") First, “What are the considerations that you need to be aware of to remain competitive?” ("Mgmt690-1404b-05 strategic management,") Second, “based on the research that we have done, can we compete in the market that we have chosen? Why or why not?” ("Mgmt690-1404b-05 strategic management,") Thirdly, “what primary factors let us to this decision?” ("Mgmt690-1404b-05 strategic management,") Fourthly, “what would we say to someone who would dispute our position?” ("Mgmt690-1404b-05 strategic management,") And lastly, “how do we plan on evaluation the global marketplace in the future?” ("Mgmt690-1404b-05 strategic management,") ("Mgmt690-1404b-05: Strategic, the Problem ") Cultural Considerations in Business Phase 4 Individual Project Considerations To be able to remain competitive in any market a company needs to use analysis tools like SWOT. Brian Hill explains in his article that “SWOT analysis is a process where the management team identifies the internal and external factors that will affect the company’s future performance...
Words: 1484 - Pages: 6
... | |Date of Submission | | |ASSESSOR DETAILS | |Assessor’s Name | | |Assessment Site |Angad Australian Institute of Technology, (AAIT) | ‘BRAAAP’ REPORT Table of Contents 1. Executive Summary 3 2. Products and Services 3 Market summary 3 Market performance analysis 3 Organisational policies and procedures 3 PEST analysis 3 SWOT analysis 3 Market data (forecast – graphs and...
Words: 652 - Pages: 3
... c. Core Competency and Sustainable Competitive Advantage …………………4 4. Situation Analysis……………………………………………………………………….4 a. “SWOT analysis Internal Strengths and Weaknesses: Management, Offerings, Marketing, Personnel, Finance, Manufacturing, and Research and Development (R & D) External Opportunities and Threats: Consumer/Social, Economic, Technological, Competitive, and Legal/Regulatory”. (MHHE., 2014) b. Industry Analysis c. Competitor Analysis d. Company Analysis e. Customer Analysis 5. Market-Product Focus………………………………………………………… 6 a. Marketing and Product Objectives b. Target Markets c. Points of Difference d. Positioning 6. Marketing Program…………………………………………………………………….7 a. Product Strategy b. Price Strategy (i) Breakeven Analysis c. Promotion Strategy d. Place (Distribution) Strategy 7. Financial Data and Projections…………………………………………………9 a. Past Sales Revenues b. Five-Year Projections 1. Executive Summary 2. Company Description FP Enterprises is an online business that was formed in 2014, in Brooklyn, New York by Fern Sabessar. She formed this business because she realized that there was a market for tablets at a competitive price. Her emphasis is on quality and affordability. The marketing focus in this plan explores my vision and strategic focus to add value and affordability to my target market. FP Enterprises is unique because it will offer well-designed tablets at a competitive...
Words: 1182 - Pages: 5
...SWOT Analysis Yadira Saunders BUS/211 July 13, 2015 Professor Suzanne Remedies SWOT Analysis With today’s economy taking a toll on many families and individuals lifestyle, it is becoming even more difficult to convince consumers that you, as a business, are what they are looking for. As both economy and business markets rise and fall in nature, businesses must determine “the major goals of the organization and the policies and strategies for obtaining and using resources to achieve those goals. This process is known as strategic planning” (Aqeel Ahmed Khan, 2014). The organization policies are broad guidelines for action and its strategies determine the best way to use the resources at hand. When preparing a business plan it is optimal for the organization to ensure they are aware of what customers they will be serving, when they will be able to provide service, what products and services to sell, and the geographic area in which they will compete for business. Strategic planning is becoming more difficult because changes are occurring so fast that plans, even those set for months into the future, may soon be obsolete. Small-business owners often find themselves in a rapidly changing environment, anticipating trends and determining the best strategies and tactics to achieve the goals set forth may be the ultimate option. The predictable change and strategy to react along with forthcoming change should be included within the business plan. A business plan contains...
Words: 731 - Pages: 3
...rs_of_World 2. Ashley Lutz. (2014, October 24th). McDonald’s Is Making 4 Changes To Get You To Eat There Again. Retrieved from http://www.businessinsider.com/mcdonalds-us-strategy-for-2015-2014-10 3. Ovidijuis Jurevicius (2013, February 16th). SWOT analysis of McDonalds. Retrieved from http://www.strategicmanagementinsight.com/swot-analyses/mcdonalds-swot-analysis.html 4. Harsh Narula. ( 2014, July 29th). McDonald’s Supply Chain. Retrieved from http://www.slideshare.net/harshnarula/mcdonalds-supply-chain-37455744 5. Dan Moskowitz (2014, March 22rd). The Motley Fool: McDonald's new menu item hints at new strategy Retrieved from http://www.usatoday.com/story/money/business/2014/03/21/mcdonalds-new-menu-item/6705499/ 6. Keith Nunes (2014, October 22nd). McDonald’s to focus on local, customization in 2015. Retrieved from http://www.foodbusinessnews.net/articles/news_home/Business_News 7. Adam Jones (2014, June 18th). Must-know: A company overview of McDonald’s. Retrieved from http://marketrealist.com/2014/07/must-know-company-overview-mcdonalds/ 8. Don’t just talk; register. (n.d). A McDonald’s Restaurants case study. Retrieved from http://businesscasestudies.co.uk/mcdonalds-restaurants/the-marketing-process/introduction.html#axzz3TmfHSNfl Don’t just talk; register. (n.d). Marketing Strategy of McDonalds. Retrieved from http://sales-management-slides.com/marketing-strategy-of-mcdonalds/ 9. Ana Pomposo Carreras. (2014, February 24th). What is the Secret...
Words: 1045 - Pages: 5
...An analysis of organizations strengths, weaknesses, opportunities and threats is known as a SWOT analysis. It is used as a tool to express a company’s health. The below is a NIKE SWOT analysis. SWOT Analysis for NIKE, Inc. Strengths: 1. NIKE has worldwide coverage. In the NIKE SWOT article on Marketing Teacher.com it states, Phil Knight, NIKE founder and CEO stated NIKE is a very competitive organization. So much that during the Atlanta Olympics, even though Reebok sponsored the games, NIKE sponsored the top athletes. In doing so the top athletes wore NIKE gear and had top coverage. 2. NIKE has the ability to offer its products and brands wherever the need is. According to the NIKE SWOT quality Assurance Solutions, NIKE doesn’t own its factories; it contracts factories in 40 countries all round the world. This strength allows NIKE freedom to move or open factories whenever and wherever needed which allows NIKE brands to be sold in nearly all countries around the world. 3. NIKE products and brands appeal to everyone. Their are five brands each having its own connection to customers as noted in the 2014 NIKE CR Report: NIKE, Convers, Hurley, Jordan, and NIKE Golf. For example, NIKE attracts the serious athlete who wants the latest and the best gear and accessories; Converse attracts the street casual wearer with its apparel and accessories; Hurley is surfing and youth lifestyle footwear, apparel and accessories, and Jordan is for the die-hard Jordan fan as Jordan has...
Words: 1037 - Pages: 5
...“Livoria will be the first choice of Dawkins residents who are seeking a variety of high- quality fresh sandwiches at reasonable prices.” Mission statement is “We are the highest-quality sandwich shop in Dawkins because of our legendary sandwich-making processes and our commitment to using the highest-quality ingredients.” Situational Analysis The following are facts important to LS analysis. * Paul and Sam aims for 1.1 Million Net Income in 2015. * LS maximum 6 employees. * LS must maintain $20,000 at the bank. * Must pass city quarterly health audit. * Paul purpose franchising alternative and highlighted eggplant sandwiches strong forecasted growth. * Sam purpose vegetarian menu expansion and highlighted strong vegetarian sandwich demand due to health concerns and customer’s concern over limited sandwich selection. * Key success factors are highlighted in LS vision and mission, which is making high-quality fresh sandwiches with highest-quality ingredients. * Tax at 20% payable on March 31 of the following year. Tax audit found $22,500 in payables due 2013. * Refer to Appendix 1 for SWOT Analysis Analysis of Minor Issues and Alternatives The following issues and alternatives are ranked. 1. Litigation payment of $0.5 million increase risk of not meeting bank’s minimum cash balance of $20,000 and risk bankruptcy. Cash flow forecast estimates enough cash flow to meet three equal payments of $166,666.67 in May of each year. 2. Insufficient...
Words: 1402 - Pages: 6
...REPORT Individual Assignment By Stephanie Theodorou 17412907 Words: 1,974 Table of Contents Executive Summary 3 Introduction/Company Overview 4 Market Description 5 SWOT Analysis 6 Strengths 6 Weaknesses 7 Opportunities 7 Threats 7 Recommendations 8 Target Market 8 Geographic 8 Demographic 8 Psychographic 8 Behavioural 8 New Product Description 9 Product 9 Place 9 Price 9 Promotion 9 Customer Value Proposition 10 Product Justification 10 Reference List 11 Appendix 12 Executive Summary This report outlines an overview of the Nestle S.A. Company in terms of current markets, history, product lines, etc. Nestle is known to be a strong, profitable company within the food and beverage industry, consisting of many brands within a range of product categories. The functional drinks market in Germany has seen reasonable growth in value and volume within the past few years with a 3.3% increase in revenue from 2012 to 2013. The current market leader in Germany’s functional drinks market is PepsiCo, Inc., followed by Red Bull Gmbh, The Coca-Cola Company, and finally Nestle. The leading distributing channels for functional drinks in Germany are supermarkets (as the leader by far), on-trade, independent retailers, and specialist retailers. A SWOT analysis was used to determine Nestle’s strengths, weaknesses, opportunities, and threats in Germany’s functional drinks market. Strengths include, strong brands across various product categories...
Words: 3228 - Pages: 13
...planWorking in your group and based on your business environment market research (Assignment 1) decide on a strategy for the segmentation of your selected target market/s as well as a positioning of the business in respect to previously identified SWOT analysis elements and competitors strengths and weaknesses. Following that, you will decide on a number of marketing activities (describe in details what these are) designed to launch (remember that this is a new business) and further promote your business. The budget available to you, for the chosen activities, is $60,000 and you will present these in a table format with clear indication of type, starting date, duration and cost for each of these (pricing of activities should be researched with real figures inserted in your table).The following sections are expected: Title page Executive summary Table of contents 1.Introduction 2.Description and location of the business (from Assignment 1) 3.Environmental analysis (micro and macro) 4.SWOT table followed by a SWOT analysis with key elements listed and explained 5.Market segmentation strategy 6.Target market selection (with rationale of the decision explained) 7.Business positioning in respect to competitors analysis (from Assignment 1) 8.Description of marketing activities (these should be based on your SWOT and target market/s analysis) 9.Budget presented as a table of chosen marketing activities 10.Conclusion Reference listYour report should be written in Arial font size...
Words: 1931 - Pages: 8
............................................................2 Corporate Overview….………………………...………………………........................................3 Target Market ……….………………………………....................................................................7 Marketing Strategies…………..……………….…..…………………………...............................10 Conclusion.......................................................................................................................................12 References.......................................................................................................................................12 Abstract Back in August 14, 2012 Domino’s Pizza officially changed their name to Domino’s (PR Newswire, n.d.). It has come a long way from its humble roots in 1960 in Ypsilanti, Michigan. According to the Domino’s webpage, brothers Tom and James Monaghan borrowed $900 and purchased a pizza store in Ypsilanti, Michigan named "DomiNick's," (Domino’s, n.d.). Its international presence commenced in 1983 opening its doors in Winnipeg, Manitoba, Canada. United Kingdom Domino’s followed in 1985 which also was the same year, Domino's opened its 1,000th store overall. In 1985, Domino’s stores were opened in the United Kingdom and in Tokyo, Japan. Fast forwarding to 1997, it had expanded to 1,500 international locations. By 2014,...
Words: 1782 - Pages: 8
...Red Bull strategic marketing evaluation Introduction The sports and energy drink sales is predicted to reach a mark of around £1.3 billion in the UK in 2014 (Dailymail, 2014). Mintel predicts that the market share of energy drinks will likely see a sturdy development from a mere 78% in 2014 to around 85% by the end of this decade. Red bull is stated to be one of the leading energy drink producers in the world (Mourdoukoutas, 2014). The company states to have 9694 employees in around 166 countries worldwide with a total sale of 5.3 billion cans just alone in 2013 (RedBull, 2014). Moreover, the brand stated to “give you wings” is identified to be one of the most successful energy drink companies in the world (Mourdoukoutas, 2014). Furthermore, the success of Red Bull brand led to the creation of an entirely new category of the energy drink in the food and beverage market of the world. This essay will look to critically analyse the strategies used by Red Bull and argue to what extent the differentiation strategy has aided the company in gaining competitive advantage. Furthermore, it will examine the company’s environment will also look to explore the positioning of the brand in the market. Additionally, it will analyse its route to gaining competitive advantage. Finally, it will assess how successful the company has been in implementing their strategies. Kotler (1984) cited in Gilbert and Kapur (1990) defines strategic marketing as the process through...
Words: 2237 - Pages: 9
...UNIVERSITY OF AGDER | Term Paper - Apple | ORG 409-1, INTERNATIONAL MANAGEMENT | Ole Erik H. Larsen 25.09.2015 | Innhold 1 INTRODUCTION 1 2 COMPETITIVE ADVANTAGE 2 3 PORTER´S STRATEGIC GROUPS 3 4 SWOT - ANALYSIS 5 5 CONCLUSION/REVIEWS 6 5.1 Future research 7 6 SOURCES 8 6.1 Guidebook 8 6.2 Internet 8 6.3 Pictures: 8 1 INTRODUCTION Apple is an American multinational technology company that constantly designs, develop and sells consumer electronics, online services, computer software and personal computers. Its best known products are the Mac line of computers, the iPhone smartphone, iPad tablet computer, and the Apple Watch smartwatch. Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976, to develop and sell personal computers. By revenue Apple is the second-largest information technology company in the world, after Samsung Electronics. On November 25, 2014 in addition to being the largest publicly traded corporation in the world by market capitalization, Apple became the first U.S. company to be valued at over US$700 billion. As of March 2015, Apple employs 98.000 permanent full-time employees, maintains 453 retail stores in sixteen countries, and operates the online Apple store and iTunes Store. ITunes are otherwise the world’s largest music retailer. Apple has in recent years enjoyed an outstanding success in technology, and the company has grown to become one of the most valuable brands in the world...
Words: 2556 - Pages: 11
