Nobody downloaded yet

Made Maid: Vision, Mission, and Strategic Analysis - Research Paper Example

Comments (0) Cite this document
Summary
This research paper describes the vision, mission, and strategic analysis of Made Maid. It outlines its business level competitive strategies, industry life cycle, strategic management, and strategic objectives…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
Made Maid: Vision, Mission, and Strategic Analysis
Read TextPreview

Extract of sample
"Made Maid: Vision, Mission, and Strategic Analysis"

Download file to see previous pages After establishing the initial branch in Jeddah, a second branch is expected to be put up within five years of operations. It is also expected to offer, after five years, courses for would be drivers, where the curriculum would include teaching aside from driving skills, the various routes in KSA, and driving rules and regulations within the kingdom. Just like the training program for domestic staff, student drivers will also be given courses on the Arabic language.
Within ten years, a third branch is expected to be established within Jeddah. By this time, a branch will also be considered in Riyadh, the capital of KSA. In ten years time, therefore, Made Maid will have four branches in the entire kingdom. Financially, the company will aim for a 15 – 20 percent growth annually. All these plans are embodied in the target objectives of the company, to wit,
After setting the goals of the company, the firm will have to draw the strategies on how the goals and objectives will be achieved. Accordingly, every business must tailor a strategy to achieve its goals. Porter has suggested three generic types of strategies for achieving the set goals. These are:
In an overall cost leadership strategy, the company aims to achieve the lowest production and distribution costs, so that it can price lower than its competitors and win a large market share. Firms adopting this strategy are those that are good at engineering, purchasing, manufacturing, and physical distribution and need less skill in marketing. However, among the pitfalls when adopting this strategy is that there will be other firms that will emerge with the lower cost of production and will hurt the firm that relied heavily on this strategy.
With Made Maid, this strategy may not be applicable since from the analysis of the five forces of competition, there are few competitors in the industry, if there is at all. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Made Maid: Vision, Mission, and Strategic Analysis Research Paper”, n.d.)
Made Maid: Vision, Mission, and Strategic Analysis Research Paper. Retrieved from https://studentshare.org/management/1738058-strategic-management-2
(Made Maid: Vision, Mission, and Strategic Analysis Research Paper)
Made Maid: Vision, Mission, and Strategic Analysis Research Paper. https://studentshare.org/management/1738058-strategic-management-2.
“Made Maid: Vision, Mission, and Strategic Analysis Research Paper”, n.d. https://studentshare.org/management/1738058-strategic-management-2.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Strategic Management: Mission, Vision, and Stakeholders
...abide by the expectations and demands of all the stakeholders of the company in order to gain sustainable market growth as well as a competitive advantage. Following is a brief analysis of the Vision and Mission of the case company to evaluate if they are in accordance with the stakeholders’ expectations. Analysis of Toyota’s Vision and Mission The vision statement of Toyota Motors is precise and clear and portrays a positive feeling for communicating its motives and intentions. Not only this, the vision statement also encourages their employees and the team members to understand that they have an...
4 Pages(1000 words)Essay
Mission, Vision, Social Responsibility, Strategic Planning
...? Whole Foods and Trader Joe's 30 March Part I: Vision and Mission ments Vision and mission ments communicate the strategic direction of the organization to internal and external stakeholders. Vision and mission are not the same, although some organizations embed both in their mission statements. Organizational vision is what the organization wants to become, while the mission is what the organization is and where it is at present (Hitt, Ireland, & Hoskisson, 2009, p. 19). This essay compares and contrasts, as well as analyzes and improves, the vision and...
6 Pages(1500 words)Essay
Mission, Vision and Stakeholders
...? Exam s Topic Mission, Vision and Stakeholders Mission and Vision The term ‘stakeholder’ encompasses both the individuals and groups who have an interest in the activities of a business such that they are impacted by the attainment of an organization’s goals or have the ability to impact the manner in which an organization is able to accomplish its objectives (Gossy 2008, p. 6). In order to assess the operations of Better Place from the perspective of its stakeholders, it is important to assess the foundation on which the organization has been established. Being a part of the automobile industry, the business plan of Better Place is based on a revolutionary and visionary ideology which aims to challenge the conventional dynamics... electric...
8 Pages(2000 words)Essay
Mission, Vision, and Stakeholders
...Mission and vision ments are two strategic management concepts (SMCs) (Soyer & Asan 2007). These are important concepts that define organisations' values, competencies and are quite useful in the strategic planning and management of the organisation (Soyer & Asan 2007). In their work "Identifying strategic management concepts: An analytic network process approach" Soyer & Asan (2007:1) echo that, "SMCs together provide a common language and help stakeholders and other interested parties understand the business and its position in a competitive environment. This same view was earlier aired by Raynor (1988) where the researcher refers to...
3 Pages(750 words)Essay
Strategic Management: Mission, Vision, and Stakeholders (SLP)
...Running Heading: Strategic Management: Mission, Vision, and Stakeholders Strategic Management: Mission, Vision, and Stakeholders [Name of Instructor] [Course] Company Mission The main mission of Southwest Airline is to provide the highest quality of customer services along with offering customers a friendly and loving environment so that the organizational image can be maintain and customers can be satisfied. In addition to this, Southwest Airlines is highly committed to offer equal opportunities to its employees for learning as well as personal growth. The airline appreciates innovation and creativity...
1 Pages(250 words)Essay
MISSION AND VISION
...Harris Kamran Mission ment Management 20 August Dental Clinic/Building Mission ment: At (put the of the dental facility here), we strive to provide the best, safest, and the most advanced services to preserve, promote, and restore oral health and dental hygiene, through the use of the latest technological advances as our resources, by expert clinicians and dentists who have excelled in the theory and practice of oral and dental healthcare provision. Our mission is to serve the local community by maintaining a balance between the demands of the healthcare system and the needs of the poorest. We believe oral health ...
1 Pages(250 words)Personal Statement
Mission, Vision, Social Responsibility, Strategic Planning
...Mission, Vision, Social Responsibility, Strategic Planning Affiliation: Part I-Southwest Airlines and JetBlue Airways Prepare a well–reasoned analysis of the similarities and differences of the two organizations based on the mission statement. The mission statement of Southwest Airlines is “…is dedication to the highest quality of customer service that is delivered with a sense of warmth, friendliness, individual pride and also company spirit (Lauer, 2010).” This is different from the mission statement of JetBlue Airlines which is “…to provide superior service in every aspect of customer’s air travel experience (Wynbrandt, 2010).” In both mission statements, the sole focus is on the customers and their satisfaction by the services... that...
2 Pages(500 words)Term Paper
Mission and Vision Statement
...of funding such as investments so that it is not totally dependent from the funding of the federal government. Threat External threat such as government wrought by political bickering was not anticipated by those who framed the strategic plan of VA and made the agency vulnerable to it that its other services were such as commissaries to family and survivor because of the furloughed civilians. While the funding of the VA is appropriated a year in advance, similar political debacle that would stretch for a long time could affect the funding of VA. New Vision and Mission for Veterans Affairs The existing vision and mission of Veterans...
2 Pages(500 words)Assignment
MGT599 Mission/Vision & Stakeholders
...MGT599 Mission/Vision & Stakeholders Overstock.com is an online retailer based in America with its headquarters in Cottonwood Heights, Utah. The company was launched in May 1999 by its CEO Patrick M. Bryne (Overstock.com, 2014). Initially, the company sold surplus and returned merchandise on an online e-commerce marketplace. This liquidated the inventories of at least 18 failed dot.com companies at below wholesale prices (Covell, 2004). But in the recent years, the company has expanded in selling of new merchandise. The mission of the company is “we save people money” while its vision is “Overstock.com provides online shoppers the best value and a superior customer...
1 Pages(250 words)Essay
W2CapD Vision and Mission
.... Retrieved from foundationcenter.org: http://foundationcenter.org/getstarted/tutorials/establish/statements.html Grusenmeyer, D. (n.d.). Mission, Vision, Values & Goals. Retrieved from cornell.edu: http://ansci.cornell.edu/pdfs/pdmission.pdf Wilkinson, M. (2013, January 30). There’s a difference: mission v. vision. Retrieved from managementhelp.org: http://managementhelp.org/blogs/strategic-planning/2013/01/30/theres-a-difference-mission-v-vision/... Vision and Mission al Affiliation Vision and Mission What is the difference between a vision and a mission? A vision is differentiated from a mission in terms...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Made Maid: Vision, Mission, and Strategic Analysis for FREE!
Contact Us