Answer the below mentioned question in minimum of 3 double spacing pages.
Choose a multinational company such as McDonalds or Starbucks
- Conduct a Situation Analysis of the business that results in a comprehensive SWOT Analysis
- Conduct Internal situation Analysis which will include:
- Customer Market Situation – Target markets, details about consumer buying behaviour and any market/ consumer trends.
- Marketing Mix Situation including Product Situation – describe the current marketing mix elements employed by the company/ product/ brand. Is there anything interesting about any of the elements?
- Supplier situation
- Resources and Capabilities Situation
- Conduct External Situation which will include:
- Competitive Situation including Industry Situation
- PESTLE Analysis
- Five force model
- Macro-environment Situation – what are the macro environmental trends of interest to the company’s situation?
- Summarise the main Strengths, Weaknesses, Opportunities and Threats that you have deduced from the Situation Analysis.
- Prioritise strategic action/s that should be taken as a result of this summary justifying your assertions.
- Conclude