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Task2: Strategies for turning round the company. The leadership candidates will present three alternative strategies for the Board to consider. Examine the following strategies and write an e-mail to the Board summarizing them and indicating which one you would support, giving reasons for your choices.
Strategy 1 Lina Sports must give up its independence and merge with, or be taken over by, a larger, financially stronger company. Strategy 2 Lina Sports should acquire a number of smaller companies and focus more on making sports accessories. Strategy 3 Lina Sports should grow organically by revising its organization, product ranges and marketing strategy. |
1. Director 1
In your opinion, the company should do the following:
• Agree to be taken over by the French retailer Universelle, so that the company will become stronger financially.
• Focus on other sports, such as golf, rugby and ice hockey, where the competition is less fierce.
• Reduce the company’s dependence on the football and athletics market.
• Concentrate more on lifestyle and fashion products, e.g. trainers and footwear for informal occasions.
• Introduce a more open style of management, giving responsibility for some decision-making to lower levels of management. This will improve staff morale.
2. Director 2
In your opinion, the company should do the following:
• Buy smaller specialist companies and build them up, e.g. firms making golf bags and balls. There will be less competition in selling these products.
• Reduce the company’s endorsements of top sportspeople. Instead, it should pay well-known sportsmen and women to advise the company on new products. This will lead to more product innovation.
• Focus more on developing products with revolutionary designs and higher prices. This will help to improve profit margins.
• Keep the present style of management and introduce a cost-cutting programme, with the aim of reducing costs by 20% in the next year to help profitability.
3. Director 3
In your opinion, the company should do the following:
• Bring out collections of footwear and clothing by famous international designers, aimed at the top part of the market. The profit margins on such products will be high.
• Go upmarket and aim to build a strong image for making luxury sports goods. Source all materials from Europe rather than from the Asia-Pacific region. This will help to keep both prices and quality high.
• Make more customized shoes, bags and sports accessories aimed at the top end of the market. This will help to attract consumer attention to the brand.
• Restructure the company into a series of business units, each with its own management reporting to the CEO. This will increase competition within the company, leading to greater efficiency.
返回《Comprehensive Business English》慕课在线视频列表
-1 Introduction
-2 Language Study
-3 Brand brief: brand management
-4 Meeting skills
-5. Case study
-Unit 1 quiz
-1 Introduction
-2. Language study
-3.Travel Topic: business travellers' needs
-4 Telephoning skills
-5. Case study
-Unit 2 quiz
-1.Introduction
-2.Language study
-3.Business Topic: Adaptation during uncertain times
-4.Meeting managing language and skills
-5. Case study
-Unit 3 quiz
-1. Introduction
-2.Language study
--Organization: language study
-3. Business Topic: Different Organizations
--Organization: business topic
-4. Socializing skills
-5. Case study
-Unit 4 quiz
-1. Introduction
-2.Language study
-3. Business Topic: Creating an Ad
-4. Presentation skills
-5. Case study
-Unit 5 quiz
-1.Introduction
-2.Language study
-3. Business Topic: investment
-4. Skills:
-5. Case study
-unit 6 quiz
-1. Introduction
-2. Language study
-3. Business Topic: Culture Shock
-4. Skills:social interaction
-5. Case study
-unit 7 quiz
-1. Introduction
-2. Language study
-3. Business Topic:HR functions
-4. Skills:getting information on the telephone
-5. Case study
-unit 8 quiz
-1. Introduction
--International Market: introduction
-2. Language study
--International Markets: language study
-3. Business Topic:Trade Internationally
--International Markets: business topic
-4. Skills:
--International Markets: skills
-5. Case study
-unit 9 quiz
-2. Language study
-3. Business Topic:
-4. Skills
-5. Case study
-unit 10 quiz
-1. Introduction
-2. Language study
-3. Business Topic:
-4. Skills
-5. Case study
-unit11 quiz
-1. Introduction
-2. Languge study
-3. Business Topic
-4. Skills
-5. Case study
-unit12 quiz