Case Study Essay Example | Topics and Well Written Essays - 1500 words - 9

Case Study - Essay ExampleThe firm has asked for my advice regarding possible harvest-tide strategies other than franchising. In evaluating possible strategies, I evaluate Armellinis reaping objectives analyze Armellinis intragroup strengths and weaknesses and its external opportunities and threats develop relevant conclusions and then offer specific recommendations.By definition, a strategy is an pull through plan to achieve a certain objective. So in order to suggest possible ripening strategies, I must understand the firms objectives, especially those that have been agree to between Armellini self-possession (Armellini family) and top management (Helen Patterson). The case mentions only three overall business objectives that have been expressly agreed toThese objectives present several problems in fashioning appropriate growth strategies. First, only the third objective definitively addresses Armellinis business growth the others may affect the nature and quality of growth, but that is not entirely clear. Next, at that place are no financial objectives mentioned despite the recent precipitous decline in financial performance. Third, each objective is extremely vague in order to serve as a guide to natural process plans, well-developed objectives should be specific, measurable, attainable, realistic and timely (SMART).Finally, these objectives ignore two critical standards for good business objectives that they aim to perform sustainable belligerent advantage and build value for business owners. When crafted well, such objectives would reinforce each other, with competitive advantage leading to improved financial performance and value, and improved financial performance providing financial resources to adorn in growth opportunities that promote competitive advantage.In light of these problems, in the following analysis I will also consider other growth objectives that would be appropriate to recommend to Armellini along with recommended growth stra tegies. These other