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-Dominant- [34]
3 years ago
11

2. Explain the pressures facing Magnolia Inc. in its internal and external environments. How would you prioritize those pressure

s
Business
1 answer:
Yuki888 [10]3 years ago
8 0

In the Magnolia Inc. case study, the pressures faced by the company in its internal and external environments are related to maintaining the company's competitiveness, due to the risk of canceling the show and the lack of a long-term vision and mission.

It is necessary to prioritize these pressures to generate greater reliability and organization in the essential processes of a company, for this the organization could use the SWOT analysis to identify its relevant points.

<h3 /><h3>SWOT Analysis</h3>

It corresponds to a management tool used for an organization to identify factors in its micro and macro environment to define more effective and aligned strategic planning and projects.

The acronym SWOT stands for:

  • Strengths
  • Weakness
  • Opportunities
  • Threats

Therefore, through the analysis of the micro and macro environment, Magnolia Inc. could identify better solutions to develop its capabilities and reduce its weaknesses, achieving greater positioning and competitiveness.

Find out more information about SWOT analysis here:

brainly.com/question/6426686

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Customer are considered to be king in the current open market condition, where seller are trying every bit to attract more and more customer. When a firm possesses capabilities that allow it to serve customers' needs better than the competition, the firm is said to have competitive advantage, however, this lead to shift of focus from transaction to relation building with customer to gain profit in long run and it does not focus only on competition but look for collaboration with customer to gain competitive advantage for future.

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This is because Gabe's Granola Bars are giving coffee mugs with their logo at a grocery store, not their own location.

I hope this helped!

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