Posted: February 26th, 2022

5.1 Ace my homework – Write my paper – Online assignment help tutors – Discussion: Devotional – Planning

5.1 Ace my homework – Write my paper – Online assignment help tutors – Discussion: Devotional – Planning

1. We are asked by our supervisors, peers, and work team to develop plans for success. We invest significant time and energy in finding and reviewing data, and manipulating spreadsheets and charts and graphs to forecast the future so we think we know what will happen. This course and many others train you on how to perform those analyses.

2. The course author was once managing a sales team and asked a common question to one of its members, “How much will you sell next year?” The man, an openly devout Christian, quickly responded, “Whatever God brings to me.” While the author did not disagree that it could happen, he responded back, “OK but God expects you to do your part, so how much are you going to try to sell?” The salesperson was not prepared for that question and walked away with a strange look on his face.

3. In this module, you submit the revised final draft of your internal and external marketing environments report. That report will – or should – include significant analysis of external elements, factors, and pressures that are outside of your client’s control but may have a substantial impact on their plans. We say that analysis is art and science, that science is finding the numbers and art is interpreting them. If there is so much that we cannot control, and we believe that God is in control, can we expect our plans to be valid? We see in the Book of Job that God’s faithful servant lost it all through a series of unexpected and unforeseen events including two natural disasters (lightning and wind). In a few hours, these two unpredictable and indefensible calamities and two attacks by enemies erased all of Job’s success after many years of planning and implementation. Then we are told in Jeremiah that God has good plans for us, almost suggesting that since He has plans for us, we don’t need any plans, that it’s already taken care of.

4. You identified a company or industry of interest to use in your degree program. Consider these questions and post your thoughts on them:

a. How much can and should a company in your industry of interest plan or how much should it’s management team rely on letting God do it all?

b. What are some unpredictable and indefensible calamities that might affect your industry of interest?

c. How is it our responsibility as a manager or leader in that industry of interest to do everything we can to plan when external events beyond our control can have such a significant negative impact on our plans?

5.2 Ace my homework – Write my paper – Online assignment help tutors – Discussion: Research-based Peer Alternative Response to 4.3

1. Review the pricing, promotion, and distribution report from your peer as submitted to the 4.3 Ace my homework – Write my paper – Online assignment help tutors – Discussion.

2. You will need to do appropriate research on the industry and category so that you understand them in order to make an educated analysis and recommendation for this section of the consultant’s report. It is important to start out with a thorough understanding of the category and industry. You should not rely on the original writer’s research and description of the industry.

3. You will provide a 250- to 350-word review to your peer as a post in the discussion forum. Your review must provide a different or alternative perspective, interpretation, conclusion, and/or recommendation for at least one (1) of the six (6) elements noted in the assignment (these should be the 6 titled sections from the Market Analysis Report Template), based on your personal objective analysis of the category using credible sources. You do not need to have an alternative for all six elements of the assignment, but your alternative may involve more than one element since many of them are related.

4. You will not discuss the original writer’s analysis or recommendation; all of your comments must be focused on your objective interpretation and analysis. You must have a distinctly different perspective and/or recommendation in your alternative response. In other words, you are looking at the same scenario in the same industry and/or category, but you are coming to a different conclusion such that any form of “I agree” in your review is not an option.

5. You must cite at least two credible sources that were not used by the original writer to support your interpretation and recommendation.

6. Cite your work per current Ace homework tutors – APA standards, however, indenting of the references is not required due to the discussion board format. (See the Ace homework tutors – APA Style Guide.)

Peer 4.3 Post:

Analysis of Current Pricing Models in the Market

Purina One retails for $43.99 for a 31.1lb bag, or $1.41 per pound. Hill’s Science Diet retails for $71.99 for a 28.5lb bag, or $2.52 per pound. Blue Buffalo retails at $64.99 for a 30lb. bag, or $2.17 per pound. While Purina aims to be competitive to a more budget-conscious audience, Hill’s and Blue Buffalo are targeted toward homes with higher incomes and desire for the best, though often purchased by homes that do not have high incomes.

All-natural pet food carries a premium and these competitor pricing strategies are predicated on the overall cost of raw materials and ability to sell for lesser prices due to sales volume (Staff Author, n.d.)

Analysis of Current Promotional Models in the Market

Purina One, Hill’s Science Diet, and Blue Buffalo all use a combination of internet and television targeted ads, mailing campaigns to certain demographics, and promotional signage and representation through retail channels and veterinarian offices, though the latter is rarer for Purina and Blue Buffalo. All three are complaint with current FDA requirements, though the requirements are not egregious by any stretch of the imagination. The FDA essentially requires bare minimum disclosure and honesty regarding the way it is produced and what is actually contained within (FDA Author, 2020).

Analysis of Current Distribution Models in the Market

Purina One, Blue Buffalo, and Hill’s Science Diet all distribute through typical pet food supply chain, from production, to warehousing, to authorized distributors and large direct customers, to the consumer. The product can be found on shelves at pet stores, grocers, and department stores. Direct to consumer is not an option for any of these competitors.

Recommended Pricing Strategy for JGJ Inc.

JGJ Inc. should strive to provide a product similar in quality to Blue Buffalo and Hill’s while providing some cost savings to the customer from subscription buys and eliminating physical retail from the supply chain. The pricing strategy should be that of Blue Buffalo, minus 25% of the overall distribution channel savings to the customer as a price reduction from the Blue Buffalo retail cost. In this model, Purina would be less of a competitor than higher quality offerings.

Recommended Promotional Strategy for JGJ Inc.

JGJ Inc. can position itself by first making a presence through a combination of advertising at large televised dog shows and targeted marketing through social media or YouTube adverts. Videos that owners play to reduce dog anxiety are great examples of such targeted marketing. Standard website, social media presence, and email marketing would also be required.

Most important is 100% transparency in nutritional content, something that pet owners often fall victim to with ingredient descriptions that are not robust enough to their liking. Providing a solid nutritional profile with real information is key to gaining consumer confidence (Envision Blog, 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online).

Recommended Distribution Strategy for JGJ Inc.

The recommended distribution strategy is direct to consumer, subscription based distribution. The cost savings that the customer realizes for a similar quality offering could be matched with unparalleled service and timely delivery from direct-to-home delivery. By both producing, warehousing, and shipping the product, JGJ Inc can differentiate itself from other company’s distribution channels for a competitive advantage (Staff Author, n.d.).

5.3 Assignment: Research-based Marketing Plan Revised Final Proposal – Internal and External Marketing Environments

1. This is your revised final draft of the internal and external marketing environments section of your consultant’s report. It is based on what you posted in 3.3 and on your peer’s comments and response posted in 4.2.

2. Your revised final report must integrate your peer’s alternative analysis or recommendation as an alternative perspective as part of your final report. You must either accept your peer’s perspective as a replacement to your initial proposal based on adequate credible theory and current marketing practice to accept it or you must provide adequate credible theory and current marketing practice to reject it. If you accept it as the correct analysis or recommendation, then the peer alternative will become the primary focus of your final paper, and your original analysis and/or recommendation will be noted as an alternative perspective that you have rebutted through cited research. If you do not accept the alternative, then you only need to discuss it as an alternative and provide objective and qualified reasons to reject it.

3. Use the titles from the Market Analysis Report Template to create four sections for this part of the consultant’s report:

a. Porter’s five forces model

b. Other macroenvironmental external factors

c. Required Internal Resources and Competencies to Compete in the Market

d. Required Licenses, Patents, and Rulings or Legal Requirements to Compete in the Market

4. The body of your paper (i.e. excluding title page, graphics, appendices, and references page) must be 1300 words (+/- 50 words). In the event that your peer did not provide feedback, your length must be 1000 words (+/- 0 words) and you will not be penalized for not including the missing feedback.

5. You must use, cite, and reference at least five credible sources not provided in the course documents, plus at least one source provided in the course documents.

I posted in 3.3:

Porter’s Five Forces Model

Porter’s five forces model is a strategic analytical framework for any market organization to study the various rivals in the market and determine their strengths and weaknesses. Every firm uses it to assess the amount of competition in the market for their products, as well as the level of profit they may accomplish with the strategic marketing models they develop. The number of suppliers, distributors, competitors, and new businesses that emerge with fresh marketing trends and consumers continually look for alternatives for their products and are all factors that affect a company’s profitability. Profitability is determined not only by similar rivalry organizations, but also by organizations that manufacture alternative products. All these factors are considered when analyzing the competitive market for renewable energy services in the energy sector.

Competitive Rivalry

Because most people haven’t grasped the benefits of using wind energy as a source of power, the electricity sector isn’t particularly competitive in the market. The product has minimal uniqueness and few characteristics to attract various clients. The only rivalry that may occur between the rivals is the pricing for the services, which is based on essential qualities such as environmental protection. Different forms of energy, such as nuclear, fossil, and geothermal, are highly competitive and key participants in the business. Similar services are provided by the providers, although in different formats. As of the state of the economy and the legislators’ and express offices’ have restrictive restrictions that aid contemporary progress, the miracle happens (Ciriminna and Pagliaro, 2020). There are low fixed costs and high trading costs, which makes contention easier. Given these factors, it’s clear that the industry isn’t particularly competitive.

Threats of New Entrants

New entrants to the market are often full of innovative ideas. They’ll have some solid plans in place. Most new entrants are firms that focus on the use of current technologies for energy generation or those that provide lower-cost services. The present industry has progressed to advanced technology via the use of various ways centered on success and the new concepts that have been implemented. In the market, new entrants face a variety of dangers. Fresh entrants pose a danger to new ideas and strategies for promoting the usage of wind energy since they already have competitors who are masters in power generation (Dobbs, 2014: 2024 – Essay Writing Service | Write My Essay For Me Without Delay).

Threats of Substitution

There are just a few alternatives to these items. Renewable energy, for example, may be used to replace nonrenewable energy. Nonrenewable energy, on the other hand, cannot be reused, stored, or regenerated and is thus more expensive than wind energy, which can be stored and refreshed while also being environmentally friendly (Ivonkovic et al., 2017). Its replacement products determine the price elasticity of a product or service. Many electricity-generating companies are mandated to save the environment to help achieve the Sustainable Development Goals (Hussain Mirjat et.al, 2018: 2024 – Write My Essay For Me | Essay Writing Service For Your Papers Online). Renewable energy is a good alternative for nonrenewable energy since it is reliable, adequate, and environmentally benign.

Supplier Power

The firm must maintain strong connection with the supplier and should offer infrastructure for his stuff to be delivered to the business unit. The number of other suppliers in the market affects the supplier. Supplier power is closely tied to their ability to change prices, product quality, or reduce the quantity of raw materials they supply. NextEra is the sole provider of renewable energy in the United States. Consequently, the firm is self-sufficient in terms of supplying renewable energy to its customers.

Buyer Power

In any business, buyer power is more crucial. Customers are impacted by a variety of circumstances, and these things discourage individuals from going to the marketplaces to buy goods. Firms should have a good understanding of buyer power, including his capabilities and the price they can pay in comparison to competing items. Individuals must grasp the value of renewable energy sources because of environmental concerns. The buyer power of NextEra is defined as the desire of customers to switch to wind-generated electricity.

Other Macro-environmental external factors

NextEra Energy Resource Company should focus on other macro-economic factors:

Political Factors: When the government changes, the electricity markets fluctuate. Political forces have a significant impact on the market and company. Every company must be aware of the political issues that influence their environment. The management should maintain solid relationships with political authorities to request assistance if a political event threatens to disrupt the normal energy supply.

Economic factors: The Corporation should always keep an eye on the economic fundamentals. Recessions cause businesses to fail, as well as the lives of its people. A company’s strategic plans should always be kept in mind in case of an economic downturn that affects their business operations; hence, directing clients to wind energy is about economic growth and long-term development.

Social factors: Social considerations have an impact on business. Different types of cultured individuals, for example, migrate from one nation to the next. Firms may utilize their cultural habits and way of life as a competitive advantage and base their business strategies on them, therefore planning on renewable energy is for people who care about the environment.

Technology: Many businesses sell their goods using a variety of technical tools. Firms concentrate on technology implementations in business domains to stay current and reach out to their clients quickly with their offerings. The employment of technology by NextEra Company is all about raising awareness about the company’s renewable energy sources.

Environmental: Natural catastrophes may occur regularly in the region where a company’s factory is located, and businesses should be aware of this. NextEra is committed to environmental protection via the use of renewable energy sources.

Legal: Every company wishes to expand its operations internationally. Firms should be aware of the various legal phrases in the jurisdictions where they wish to conduct business. For instance, if a company seeks to open a business in another nation, it may be subject to differing legislative constraints inside the country. Varied labor laws, different labor rates, and so forth. Hiring a minor would be against the law. However, the need of adhering to legal standards and procedures will be emphasized.

Internal Resources Required and Competencies to Compete

A successful firm requires several competent internal resources. A company must stay technologically current with market trends by using new technical implementations to make their business more efficient. The infrastructure of NextEra Resource Company comprises renewable power transmission, which contributes to environmental sustainability. The corporation has efficient communication methods that aid with successful promotion of the organization’s services, and it advises clients to choose an environmentally friendly power source. NextEra is forward-thinking in every way to set new business trends. The goal is to get favorable feedback from their clients so that they can maintain their business and service distribution.

Licenses, Patents and Ruling to Compete in the Market

The installation of windmills to generate power is required for a company registration for the tax ID and license. Organizations require government-issued identity cards. All of NextEra’s equipment is maintained in a secure location.

Response posted in 4.2:

The number of suppliers, dealers, rival organizations, and new firms with the most up-to-date market tactics and customers always considering their items as alternatives determines an organization’s success. Profitability has aided not just the competitiveness of comparable enterprises, but also the organizations that produce alternative things. In the market, the food manufacturing industry is not highly competitive. The items are less unique and have few features that will appeal to a wide range of purchasers. Prices for the goods are the sole rivalry between the rivals, as are key features such as strength and time to break down on the ground if not constantly utilized. In most cases, new market entrants are a good idea. The success, on the other hand, is dependent on well-defined plans. People with relevant experience and significant insights into industry gaps start almost all the new applications. There are several risks in the market for new entrants as well. Because the company’s competition had already taken hold, JGJ is goal oriented.

A successful firm necessitates the use of various competent internal resources. A company should stay technologically current with market trends by using new technical solutions to make their business easier to run. A good infrastructure includes good transportation systems for moving raw materials and finished items in and out of the company. The company should also have effective communication leaders to maintain good communication while resolving any problems. A good marketing team can assist them in finding updates in competitor products and selling their product effectively by utilizing various marketing tactics. JGJ can be innovative in all areas of the business, which can help to generate new trends. As previously said, the firm must get some favorable feedback from its clients to maintain a regular and ongoing product distribution.

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5.1 Devotional – Planning Ace my homework – Write my paper – Online assignment help tutors – Discussion

1. Our superiors, peers, and work team members have requested us to create success strategies. We spend a lot of time and effort gathering and examining data, as well as manipulating spreadsheets, charts, and graphs to foresee the future, so we assume we know what will happen. This course, as well as many others, will teach you how to do those analyses.

2. the program The author was once in charge of a sales team and asked one of its members a familiar question: “How much will you sell next year?” “Whatever God delivers to me,” the man, an openly fervent Christian, said swiftly. While the author did not deny that it was possible, he said, “OK, but God wants you to perform your part.”

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