Individual Assignment Two: Management Consulting Template ? ‘Cheekbone Beauty: Building an Indigenous Growth Venture’ – ?uti
Individual Assignment Two: Management Consulting Template
"Cheekbone Beauty: Building an Indigenous Growth Venture"
– utilize the Management Consulting Template (no power-point required)
– Place responses directly into the Template provided
– Using all good sentence structure or sentence structure combined with point form is acceptable; however provide APA references at the end of Template.
Min 2 References per page needed and all references need to be peer reviewed. no blog and website references are allowed
Management Consulting Template
BUSI 640
Student-Consultant Name:
___________________________________
Date of Template Submission:
_________________________
Table of Contents
(Finance; HR; IT/MIS; POM; Marketing; Other)
26 Table 5 – Recommendation Detail # 4
27 Table 5 – Recommendation Detail # 5
Appendices / Tables
REFERENCES
Notes regarding priority level
· Table 5 – Priority: HI= High (Extremely important, very critical); ME= Medium (important but not critical); LO=Low (needs to be done but not important and/or critical) |
Table 2.1 – Analysis of Strategic Options
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Option 1
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option?
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Table 2.2 – Analysis of Strategic Options
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Option 2
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option? |
Table 2.3 – Analysis of Strategic Options
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Option 3
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Briefly Identify & Describe the Option
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Benefits/ Advantages
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Critical Success Factors
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Threats/ Risks
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Why is this your recommended Strategic Option? |
NOT REQUIRED Table 2A – Strategic Analysis – Stakeholder Positions on Strategic Options
Stakeholders and their positions:
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Strategic Option 1:
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Strategic Option 2:
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Strategic Option 3:
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Stakeholder 1:
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Stakeholder 2:
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Stakeholder 3:
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Stakeholder 4:
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NOT REQUIRED Table 2B – Strategic Analysis – Impact of Critical Issues on Strategic Options
Strategic Options & Their Critical Issues |
Strategic Option #1 |
Strategic Option #2 |
Strategic Option #3 |
Finance
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Marketing
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Operations
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IT
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Human Resources
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Table 3.1 – Critical Issues in the Context of Recommended Strategic Option – FINANCE
CRITICAL ISSUES
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How is it manifested? |
Why is it happening? Cause(s)?
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1) Why Important? 2) Implications if not dealt with? |
Finance F1
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F2
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F3
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F4
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F5
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Table 3.2 – Critical Issues in the Context of Recommended Strategic Option – HR
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Human Resources HR1
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HR2
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HR3
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HR4
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HR5
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Table 3.3 – Critical Issues in the Context of Recommended Strategic Option – IT/MIS
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Info Tech IT1
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IT2
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IT3
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IT4
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IT5
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Table 3.4 – Critical Issues in the Context of Recommended Strategic Option – POM
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Operations OP1
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OP2
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OP3
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OP4
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OP5
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Table 3.5 – Critical Issues in the Context of Recommended Strategic Option – MARKETING
CRITICAL ISSUES
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How is it manifested?
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Why is it happening? Cause(s)? |
Why Important? Implications if not dealt with? |
Marketing M1
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M2
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M3
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M4
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M5
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NOT REQUIRED Table 3A – Vertical Causal Analysis
Description of Underlying Cause (Common causes for multiple problems) |
Critical Issue(s) Addressed (as identified in Table 3) |
Total Frequency |
Priority and Importance |
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Low |
Med |
High |
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1. |
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2. |
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3. |
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4. |
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5. |
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6. |
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7. |
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8. |
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9. |
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10. |
Additional Issues or Insights which are critical to the success of the organization
OR will critically impact on the success of your recommended strategy
Table 3B – Development of What Need to Be Addressed Statements
1. What Needs to Be Addressed |
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Implications if not Addressed |
Opportunities if Addressed |
2. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
3. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
4. What Needs to Be Addressed |
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Implications if not Addressed |
Opportunities if Addressed |
5. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
6. What Needs to Be Addressed
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Implications if not Addressed |
Opportunities if Addressed |
Comment – Observations and Conclusions Regarding Diagnosis
Table 4.1 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #1
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Alternative #1 |
Pros |
Cons |
Alternative #2 (Note: Is there another major alternative?) |
Pros
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Cons
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Recommendation & Rationale |
Table 4.2 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #2
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros
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Cons
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Recommendation & Rationale |
Table 4.3 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #3
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros
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Cons
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Recommendation & Rationale |
Table 4.4 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #4
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Alternative #1 |
Pros |
Cons |
Alternative #2 (Note: Is there another major alternative?) |
Pros
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Cons
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Recommendation & Rationale |
Table 4.5 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #5
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros |
Cons |
Recommendation & Rationale |
Table 4.6 – Evaluation of Alternative Solutions & Recommendation
WNTBA Statement #6
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Alternative #1 |
Pros |
Cons |
Alternative #2
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Pros |
Cons |
Recommendation & Rationale |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 15 days |
Timing |
Priority (See Note to the Marker) |
Rec #1
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Rec #1 – Critical Success Factors & Risks to be Managed |
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Rec #2
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Rec #2 – Critical Success Factors & Risks to be Managed |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #3
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Rec #3 – Critical Success Factors & Risks to be Managed |
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Rec #4
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Rec #4 – Critical Success Factors & Risks to be Managed |
Table 5 – Recommendation Detail
Recommendations & ST = 0 to 3 months, MT = 3 to 9 months Supporting Detail LT = 9 to 15 months, Immediate – 0 to 10 days |
Timing |
Priority |
Rec #5
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Rec #5 – Critical Success Factors & Risks to be Managed |
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Rec #6
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Rec #6 – Critical Success Factors & Risks to be Managed |
OPTIONAL Table 1 – A SWOT+ Data Gathering Table (STRATEGY)
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Strategy
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.1 – A SWOT+ Data Gathering Table (FINANCIAL MANAGEMENT)
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Finance
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.2 – A SWOT+ Data Gathering Table (HR MANAGEMENT)
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Human Resources
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.3 – A SWOT+ Data Gathering Table (IT/MGT INFO SYSTEMS)
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Information Technology
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.4 – A SWOT+ Data Gathering Table (PRODUCTION OPERATIONS MANAGEMENT)
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Operations
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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OPTIONAL Table 1.5 – A SWOT+ Data Gathering Table (MARKETING MANAGEMENT)
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Marketing
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Strengths/ Positives INT
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Opportunities EXT
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Threats EXT
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Problems/ Challenges/ Weaknesses INT
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Table 1.6 The Five Forces of Competition in the Industry |
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Rivalry among Competing Sellers |
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Potential Entry of New Competitors |
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Competitive Pressures from Substitute Products |
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Competitive Pressures from Supplier Bargaining Power and Supplier-Seller Collaboration |
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Competitive Pressures from Seller-Buyer Collaboration and Bargaining |
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NOT REQUIRED Table 1.7 Industry Key Success Factors |
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Technological related |
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Operations related |
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Distribution related |
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Marketing related |
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Skills related |
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Organizational capacity |
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Other |
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NOT REQUIRED Table 1.8 Industry Prospects and Overall Attractiveness |
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Factors making the industry attractive |
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Factors making the industry unattractive |
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Special industry issues/problems |
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Profit outlook |
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Table 1.9 The Business Environment |
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Opportunities |
Threats |
Political |
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Economic |
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Societal/Cultural |
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Technological |
,
W25813
CHEEKBONE BEAUTY – BUILDING AN INDIGENOUS GROWTH VENTURE R. Chandrasekhar wrote this case under the supervision of Simon Parker solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be transmitted, photocopied, digitized, or otherwise reproduced in any form or by any means without the permission of the copyright holder. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) [email protected]; www.iveycases.com. Our goal is to publish materials of the highest quality; submit any errata to [email protected] i1v2e5y5pubs Copyright © 2021, Ivey Business School Foundation Version: 2021-10-29
On an early morning in June 2020, Jennifer Harper was at her seven-employee office in the sprawling basement of her home in St. Catharines, Ontario. The Canadian province of Ontario, including the Niagara Region, had been under a state of emergency since March 15 due to COVID-19. Although many brick-and- mortar businesses in the province had shut down here, as they had in the rest of Canada and indeed in the rest of the world, Cheekbone Beauty (Cheekbone), the cosmetic products company Harper had founded four years earlier, was not only open for business but doing well. The reason was that the company had been built on an online sales model. After only a slight drop in the first four weeks of the pandemic, sales of Cheekbone products had gathered momentum. A member of the Anishinaabe tribe of what was known in Canada as the First Nations community, Harper had been driven by the goal of becoming “the first Indigenous woman to create a unicorn1 beauty brand from Canada.” She repeated this personal ambition to herself that morning while waiting for the daily staff meeting—which had moved online—to begin. At the same time, Harper was seeking resolution to an ongoing entrepreneurial dilemma she had been facing: How should she identify the fledgling company’s unique strengths and build them into sustainable competitive advantages? COSMETICS INDUSTRY The European Commission defined a cosmetic product as
any substance or mixture intended to be placed in contact with the external parts of the human body (epidermis, hair system, nails, lips and external genital organs) or with the teeth and the mucous membranes of the oral cavity with a view exclusively or mainly to cleaning them, perfuming them, changing their appearance, protecting them, keeping them in good condition, or co
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