Premium Essay

Strategic Report for Quick Results International

In: Business and Management

Submitted By bayeken
Words 3084
Pages 13
Strategic Report for Quick Result
Group Details
Executive Summary
Quick Result faces a lot of economic challenges at this point in its existence in the face of hectic competition which has resulted in knocking it off its perch. As of this writing a company who had succeeded in successfully fighting off all forms of competition in the past is faced with the imminent possibility of winding up and out of the international transportation business. However, we believe that all the players in the international transportation business could be faced with similar challenge and therefore (believe= repetition) that Quick Result could find opportunities that could steer it out of the current crisis in the shortest possible time.
This is a strategic plan on how Quick Results can revamp its operations and deliver itself from the challenge it currently faces and take advantage favourable future economic conditions. In doing so it would still apply its resources available currently in the form of infrastructure, vehicles/carriers, experiences personnel, management (though a change in management would be the best way to go).
Generally, every firm irrespective of the market it operates exists to survive, maximise profit and grow in order to generate appreciable return on investment to the shareholders and contribute to the wellbeing of the environment that it operates in. in the bid to achieve these objectives firms have to contend with challenges of competition and being cost effective in their operations. The former is beyond the Firm and has to find a way to manage so as to influence its outcome while the other is within the firms grasp. These have the tendency to overwhelm the firm if not properly monitored.
Success is achieved when management is able to plan and structure the right mix of the many factors that affect the firm to achieve the above…...

Similar Documents

Premium Essay

Boeing Strategic Analysis Report

...Boeing |1 Boeing Strategic Analysis Report Professor Jiang Bus 189 Matt Fong Karolyn Vong Kenneth Wong Vivian Li Jae Woo Chae Joseph Eslao Boeing |2 Assessing the Industry 
 Each year the strong economic growth of the U.S. has led to sustained high oil and fuel prices. Between 2003 and 2007, jet fuel expenses have increased dramatically by 15 percent to more than 30 percent of operating cost. Because of this, many airlines are demanding new aircraft that are fuel efficiency in order to help reduce their operational costs. The current trend of increasing fuel prices plays a key role in increasing the current demand for new aircraft or commercial airplanes that are more fuel-efficient. In addition, the rising fuel prices have taken a big effect on the economy. As fuel prices affect consumer goods and spending, leisure travel is expected to decrease, thus affecting the airline industry's bottom line. Furthermore, since the economy has gradually moved into a recession from the effects of rising fuel prices, many airlines that are struggling to stay out of bankruptcy, are looking for more ways to become cost effective. Thus, further fueling the demand for new commercial aircrafts to become more fuelefficient (2007 Annual Report).
 In order to save on costs so that Boeing can provide lower prices to its customers, Boeing and its competitor, Airbus, have both turned to outsourcing. Outsourcing has allowed Boeing to become more competitive. Furthermore, the option of......

Words: 9300 - Pages: 38

Premium Essay

Strategic Analysis Report

...Strategic Analysis Report Flux Consulting – Airline Division Queensland University of Technology MGB309 – Strategic Management Pei San Chew – 0 8000492 Tutor: Christophe Garonne (Tutorial 8) Word Count: 2160 1.0 Executive Summary The air transportation industry within Australia is highly competitive. However, there is solid evidence and a strong indication that Virgin Australia can seize power over the current market and outrun its competitors for its long-term survival. Virgin Australia should optimise opportunities and remain competitive by either strengthening its alliance with SIA or outsourcing to a specialist company in ground handling. The key challenge for the company is to create strategies that ensures effectiveness. The strategies will draw upon previous internal and external analysis conducted and focus on developing strategic alliances and strategic outsourcing. This report analyses the benefits and limitations of these potential strategies and provides practical recommendations to ensure long-term strategic sustainability. The results of the evaluation between the two strategies illustrate that the first strategy is more appropriate for Virgin to be sustainable in the long-term. There are several advantages that Virgin possesses which includes its strategic alliance’s strong position in the Asian market, and its ability to integrate newly planned flight routes. This means that Virgin is able to benefit from the strengths of its alliance.......

Words: 3801 - Pages: 16

Free Essay

International Marketing Report of Iceland

... Samantha Bugeja Matthew Holmes William Topp Yuwei Wu Dingyang Ren International Marketing International Marketing 08/03/2013 08/03/2013 Contents Executive Summary 3 Introduction 4 Mission Statement 4 Market Choice 4 Table 1 5 Quantification, Weighting and Ranking 6 Table 2 7 Internal Analysis 8 Overview of Iceland 8 Marketing Factors 8 Financial analysis 8 Manufacturing factors 9 Iceland’s current resources and competencies 10 Table 3 10 The Boston Consulting Group matrix (BCG) matrix 10 Figure 1 10 External Analysis 10 PESTLE 11 Competitive Environment 12 Retailers 12 Table 4 12 Frozen Food Manufacturers 12 Table 5 13 Customer Trends 13 Target Market 14 Porter’s Five Forces 14 Figure 2 14 Lotte Group Analysis 14 SWOT 15 Strengths and Weaknesses 15 Opportunities 16 Threats 16 Objectives and Market Entry Strategy 16 Objective 1(Short term: 12 months) 17 Objective 2 (Medium Term: 1-3 years) 17 Objective 3 (Long Term: 3-5 years): 18 Internationalisation objectives 18 Marketing Mix 19 Product 19 Price 21 Table 6 21 Table 7 21 Promotion 22 Place 23 People, processes and physical evidence 24 Implementation 25 Table 8 26 Figure 3 26 Figure 4 27 Control 27 Figure 5 28 Bibliography 28 Executive Summary This report has been produced to provide Iceland Foods Group with a strategy to further internationalise. After......

Words: 10415 - Pages: 42

Premium Essay

A Report on the Strategic Evaluation of Easyjet

...Business Strategy Module Code – ST3S03 Tutor – Rachel Leek Assignment A Report on the Strategic Evaluation of Easyjet Student Number - 09134190 CONTENTS Terms of Reference Page 3 Executive Summary Page 3 Introduction Pages 4 Identify Strategic Position Pages 4 & 5 External Drivers Of Change Page 8,9,10 & 11 Adding value To Strategic Position Pages 12, 13 & 14 Conclusion Page 14 & 15 References Page 16 Bibliography Page 17 Terms of Reference This report is based on a case study of Easyjet and its strategic position. The report is addressed to Rachel Leek from Shaun Sweeney, submitted on the 28/2/2013 Executive Summary The purpose of this report is to look at Easyjet and how they align their Strategic Business Strategies to compete with other similar businesses within the aviation industry. It will also look at how they may implement these strategies into their business. The report will look at how they deal with political, economic, social and technological obligations and threats. This will be analysed......

Words: 3362 - Pages: 14

Premium Essay


...Term Paper On Strategic Management Analysis for the ACME laboratories limited A company’s strategy is the game plan management is using to stake out a market position, conduct its operations, attract and please customers, compete successfully, and achieve organizational objectives. [pic] is the famous pharmaceutical company in Bangladesh and it has been continuously in the 2nd position among all national and multinational companies . The sales turnover of The ACME laboratories was more than US$ 60 million with about a large product line containing 272 products In this report, efforts have been made to analyze Acme’s strategy to maintain its leading position in the market and the difficulties it is facing while operating in the industry. This report starts with a company background and then proceeds with an analysis of the external and internal environment of the industry and the company, followed by its strategic practices at different levels, understanding the company mission, vision and objectives; it’s financial and marketing performance and current practices of various functional units. While analyzing the overall performance of Acme, few problems in the area of finance and operation have been found and suitable recommendations has also been suggested to address the problems. After these analyses, some new strategies are suggested in light of the future direction of the industry and the market to guide the company to maintain its......

Words: 12114 - Pages: 49

Premium Essay

Westpac Strategic Report

... Company Report: Strategy Evaluation 8 February 2013 Table of Contents Executive Summary 3 Industry: Banking and Financial Services in Australia 4 Overview 4 PESTLE 5 Porter’s Five Forces of Competition 6 Firm: Westpac 7 Overview 7 McKinsey’s 7 S Framework 7 Competition Analysis 11 Blue Ocean Analysis 13 SMSF and Strategy Recommendations 13 What is a SMSF? 13 Three tiers of Non-Customers 13 Strategic Canvas – SMSF 14 3 Keys to Success: Tagline, Focus and Differentiation 14 Option 1 14 VRIO 15 Option 2 15 VRIO 15 Appendix 17 Industry Analysis Charts 17 Porters 5 Forces Analysis Detail 20 Westpac Strategic Priorities 22 Material issues 23 Executive Summary Westpac Bank is Australia’s first Bank, founded in 1817 and is currently one of the “big four” group of lending banks in Australia. Listed on the stock exchange in 1970, Westpac has a history of acquisitions, notably the recent (2008) purchase of St George, which contributes 19% of Westpac’s Cash Earnings. Westpac has a market capitalisation of $76.5 billion in an industry with an overall value of $208.6 billion, or roughly 10% of Australia’s GDP. The financial services industry in Australia is an Oligopoly, with the big four banks accounting for over 80% of the market. A mature market, players are converging, and the industry is forecast to grow at around 8% year on year to 2018. Competition in this industry is fierce, though there is also speculation that there may be significant price......

Words: 6332 - Pages: 26

Premium Essay

International Business Report

...International Business - Assessment One Research Report Executive Summary This report examines the global company Nike and how it progressed from a small American based company to one of the largest sporting footwear and apparel brands in the world. The entry mode into global business chosen by Nike of contract manufacturing has allowed the company to benefit on two particular fronts. Nike outsourced the manufacturing element of the business initially to China and later expanded to over 750 factories mostly across South East Asia to capitalise on the abundance of low cost labour available to manufacture its products. Contracting out the manufacturing function also allowed the company to focus all of its energy and resources on developing innovative products and then marketing these products across the world. A core value of the Nike organisation is innovation which is embedded in its strategic direction. It developed a culture where no idea is a bad one and innovation is highly valued. This relates both to product development and marketing opportunities. Having this strong focus on innovation has allowed the company to continue to be a world leader in the creation and production of sporting good without the need or desire to diversify into different business streams. Nike has also displayed innovation throughout other business decisions to ensure it tackles environmental issues head on. This attitude took the potentially damaging situation of Nikes association with......

Words: 2268 - Pages: 10

Premium Essay

International Strategic Marketing Plan

...INBM 100’s Project International Strategic Marketing Plan This project will cover all the first semester courses of the International Business Management Program at St. Lawrence College. The students are required to form a group of three and the members should remain unchanged during the semester. Each group is required to choose a new or existing product or service offered by a company headquartered in Canada. STRUCTURE Overview of the Client Identify the various environment of the client • Business environment INBM 102 Henry  summarize business and contract law in Canada  describe the international regulatory framework INBM 103 Victor  recognize the characteristics of a global marketplace  How do you need to modify or create products and services designed for the local conditions?  How can you build businesses across these global social networks?  How can you build consumerism and use social networks to build markets for your products?  What is the right balance of your products needed to connect with the market?  How can you create the offerings and positioning to reach your youthful markets?  How can you grow a large business by thinking small payments, packages, and products?  How can you find opportunities in the holes in the infrastructure?  How you create the technologies, or ride the technologies, to allow your business to jump with the market?  How can you create the distribution networks to reach the market?  Is...

Words: 594 - Pages: 3

Premium Essay

Guidelines for the Strategic Audit Report

...Guidelines for the Strategic Audit Report Revised Sep 2013 Adapted and revised from: Wheelen and Hunger, (2008). Concepts in Strategic Management and Business Policy, 11th Ed., Pearson Education, Inc. Purpose of the strategic audit assignment Your assignment Selecting a company for the strategic audit An effective report Required format for the strategic audit report Required sections of the strategic audit report Executive Summary Current situation Corporate governance External environment: Opportunities and threats Internal environment: Strengths and weaknesses Analysis of strategic factors (SFAS) Strategic alternatives and recommended strategy (TOWS) Implementation of recommended strategy Conclusions Evaluating mission statements Evaluating the Board of Directors Preparing the tables: EFAS, IFAS, SFAS, and TOWS Common-size statements Analyzing financial statements Analyzing financial ratios Writing guidelines Relaxed APA rules Useful resources Purpose of the strategic audit assignment A strategic audit is usually done to help the firm’s management decide how to proceed, or to support a potential investment or loan. The purpose of a strategic audit is essentially to answer the question, “What condition is this firm in?” Because the audit is focused toward answering this question, there must be a conclusion about what the audit shows. Therefore, while this is mostly an objective, informative report, there is a persuasive twist at the end. 1 The point of this......

Words: 8981 - Pages: 36

Premium Essay

International Business Report

...International business comprises all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons.[1] It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources include capital, skills, people etc. for international production of physical goods and services such as finance, banking, insurance, construction etc 1. The exchange of goods and services among individuals and businesses in multiple countries. 2. A specific entity, such as a multinational corporation or international business company that engages in business among multiple countries. Export policies Bangladesh’s exports are dominated by ready made garments, most of which are exported to the US and the EU. Nearly all garment exports are from firms operating in export processing zones or as bonded warehouses. In both cases they can import their textile and other inputs free of Customs duties and all other import taxes (including the 3% advance income tax) with the use of “back-to-back LCs” i.e. letters of credit based on LCs issued for their exports. As noted previously, machinery used by exporters is also exempt from all import......

Words: 2932 - Pages: 12

Premium Essay

International Trade Simulation and Report

...International Trade Simulation and Report The advantage of international trade is countries with certain quantity, quality, and efficient production of goods and services can maximize their country’s wealth. Developing country’s increase sales and revenue through production expansion. International trade increases a country’s gross domestic product (GDP) by increasing the production of products sold to other countries. The free trade agreement between Rodamia, Uthania, and Suntize allowed each country to more efficiently use their resources to increase wealth through the comparative advantage of their export commodity. The flipside of international trade is another country’s ability to produce an export more efficiently than the importing country, causing domestic producers and firms to lose revenue or the opportunity for additional revenue. For example, if Rodamia continues a free trade agreement with Uthania for imports of corn, Rodamia misses the opportunity to become a large producer and net exporter of corn – hurting domestic producers and firms. To counteract the loss of increase revenue for domestic producers and firms, the Rodamia government can impose a tariff – place a tax on the corn or limit the amount of corn imported from Uthania – a quota. The government placing a tariff or quota on corn imported from Uthania protects domestic producers and firms from cheaper imports of corn and affords time to develop......

Words: 1574 - Pages: 7

Free Essay

Strategic Report

...GRAINCORP STRATEGIC REPORT Develop and Implement Strategic Plans BSBMGT616A Hiran Fernando Contents About Graincorp 4 Graincrop’s mission 4 Key objectives of Graincorp 4 Manage earnings through the cycle and pay consistent dividends 4 Improve shareholders returns 4 Growth as an international agriculture business 5 Key goals 5 Key Performance Indicators 5 How Graincorp monitor KPI’s 6 Industry environment 6 Competition 6 Bargaining power of customers 6 Bargaining power of suppliers 7 New entrants 7 Threats of substitution 7 Internal Environment 7 Strategic resources of Graincorp 7 Tangible resources 9 Physical resources 9 Financial resources 9 Human resources 9 SWOT analysis of Graincrop 10 Threats 10 Competition 10 Climate Change 10 Land Degradation 11 Opportunities 11 Cash Available 11 Global Demand for Agricultural Products 11 External Environment 12 Political Factors 12 Social/Cultural Factors 12 Technological factors 12 Economical factors 13 Indicators of the overall macroeconomic condition and economic functioning include Gross domestic product, unemployment rates, and price indices. 13 Bibliography 13 About Graincorp Graincorp was formerly part of the New South Wales government’s Department of Agriculture. In 1916 Graincorp was established as a grain elevators board. In the mid-1980’s grain elevator’s board had changed to a grain handing authority and when the passing of the......

Words: 2577 - Pages: 11

Premium Essay

International Strategic Management

...SEPTEMBER 2014 INTERNATIONAL MARKETING STRATEGY (Assignment) Instructions to candidates You are required to select an organisation that you are familiar with, either in your own country or elsewhere. The selected organisation should be one for which you can access detailed information about its international marketing activities. These can be secondary sources such as journal or magazine articles or information via the website or alternatively direct from the organisation, including company reports. You are required to produce a strategic formal report, based on your chosen organisation of 4,000 to 5,000 words. You should include theoretical perspectives to support your work, and these should be applied to your organisation. You will need to conduct a detailed research assessment of the chosen organisation with respect to its international activities in order to understand the international decisions and strategies specific to that organisation. Some International examples of organisations are provided below. Note that the choice of a specific organisation should be discussed with your lecturer/subject supervisor. The project will outline all of the firm's international activities but should focus upon a single key geographical market or region. For example, you could look at: Coca-Cola, development of the market in Africa. Danone, the French food and drinks firm, and its activities in China. L'Oreal, the French cosmetics company and its entry to Thailand. McDonalds, and its......

Words: 453 - Pages: 2

Premium Essay

Reports of International

...REPORTS OF INTERNATIONAL ARBITRAL AWARDS RECUEIL DES SENTENCES ARBITRALES Rudloff Case (interlocutory) 1903-1905 VOLUME IX pp. 244-255 NATIONS UNIES - UNITED NATIONS Copyright (c) 2006 244 AMERICAN-VENEZUELAN COMMISSION due from the National Government according to this contract for services rendered from July 1 to December 1, 1897, the sum of $ 2,307.69. This indebtedness is not denied by the Government of Venezuela, and an award is therefore made for said sum with interest thereon at 3 per cent per annum from December 1, 1897, to December 31, 1903, the anticipated date of the final award by this Commission. RUDLOFF CASE INTERLOCUTORY DECISION (By the Umpire:) The protocol requiring that claims shall be considered upon the basis of absolute equity, the Commission in doing equity has the right to examine and determine whether the provision of a contract requiring all disputes to be submitted to the local courts is equitable under the circumstances, and, in this case, the contract provision being found to work inequitably, jurisdiction of the claim is entertained. DECISION ON MERITS (By the Commission:) A contract entered into by the minister of public works of the nation and the governor of the Federal District duly authorized by the Chief Executive of the nation, is to be considered as a contract made by the National Government, especially where the National Government entered into an agreement as to free entry of materials for......

Words: 7572 - Pages: 31

Premium Essay

Report in Strategic

...What do you think about the flavour of the sauce? | 42 | 8 | 0 | 0 | 0 | 50 | 5. Do you like the bottle? | 40 | 10 | 0 | 0 | 0 | 50 | 6. What do you think about the label? | 10 | 11 | 20 | 9 | 0 | 50 | 7. What do you think about the price of the sauce? | 5 | 7 | 12 | 25 | 1 | 50 | If a producer is unsure about the quality of information that has been given, he or she should ask more people the same questions to check the answers obtained. Clearly, the more people that are interviewed, the more accurately does the information reflect the real situation. However, a balance has to be drawn between the time and cost of interviewing large numbers of people and the accuracy of the data that is obtained. As a guide, 50-75 interviews should result in a good idea about the market for a product in a particular area. When analysing data collected about market size and value, it is often helpful to find official statistics about the people who are expected to be the customers for a new product. For example in Table 13, information was collected using a market survey of chutney consumption in a small Asian town and analysed together with data from the Census Office and a previous socio-economic survey about the size and wealth of the town's population. Similar information is sometimes available from Local Government offices, tax authorities and Chambers of Commerce, although it may not always be up to date. Figure 31.- Sample questionnaire about market size and value ......

Words: 3237 - Pages: 13