Answer to Question #263473 in Management for Lee

Question #263473

Discuss the strategic and tactical decisions that an outdoor equipment store need to make before entering Switzerland

1
Expert's answer
2021-11-10T10:07:01-0500

Strategic decisions

  • Identify Goals

Before entering any market, the store must set the goal and objects that they want to achieve.

  • Gather Information for Weighing Options

Send marketing researchers in Switzerland to analyse the market, do a SWOT analysis on the targeted market.

  • Consider the Consequences

Consider that the store might experience losses or the competition might be more than they anticipated.

  • make decision

Make the decision to whether enter the market.

  • evaluate decision

This decision will be evaluated after the store enters the market and see what happens.


Tactical decisions

Tactical and operational decisions are the medium- and short-term decisions which can be alternated annually, weekly, or even daily.

  • Production planning
  • Fleet management 
  • Inventory planning
  • logistics management

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS