Thursday, February 20, 2020

Audible Company Term Paper Example | Topics and Well Written Essays - 1000 words

Audible Company - Term Paper Example The business environment is defined by both external and internal factors. The external factors are beyond the business control, but they impact on the organization’s operations. The analysis of the external factors enables an organization to recognize opportunities that it can easily tap into and the threat that are restricting its operations. The Porter’s five analysis- competition, entry barriers, and buyer-supplier behavior- are very crucial when identifying the (OT) strategies (David). Conversely, the internal business environment includes all those activities that the firm can control. These factors include products produced, market share and segmentation, revenue versus cost analysis among others. The value chain identifies the factors that are used commonly used by firms in their operational activities especially the internal factors to deliver a quality product. The analysis of internal factors and value chain is thus important in establishing the strengths and weakness (SW) a firm possess in a given industry.  A firm’s elements of strategy involve an integrated set of choice that addresses how it will achieve its set objectives and goals. The key elements commonly referred to as five elements of the strategy include arenas, differentiators, vehicles, staging and economic logic. The following are the Audible’s company 5 elements of strategy:†¢ The company identified the digital platform and the use of the internet to provide content in audio format as its strategic arena.

Tuesday, February 4, 2020

Short and long-term career goals Essay Example | Topics and Well Written Essays - 1000 words

Short and Long-Term Career Goals - Essay Example Accounting has been my passion since I discovered what it was, and thus, as soon as I finished my Business Administration course and received my degree from Makerere University in 2005, I marched on to Nile Cargo Carrier Inc. to work as a junior accountant. During my tenure at NCCI, I witnessed firsthand its evolution and impact on society as it expanded, first nationally, and eventually internationally. Therefore, when I was leaving it after six years, I felt more than only sad; I felt that I was my attachment with the organization and its goals. I, now, shared its vision. In addition, thus, I took it upon myself to no longer be a mere employee of the company, but instead to establish a greater link and make more productive and active moves in its betterment. Therefore, I did. Moreover, all the while, I also founded Lusse Children’s Foundation and did some community service for my country. By 2013, as director of the organization, I have made it a personal goal to work toward s getting funds for food, shelter, and education project, and I believe to be a successful NGO, one needs to earn the trust of people, and there would be nothing better out there to prepare myself for the trust with a Northeastern degree.Everyone has a selfish side. My perspective is to establish, all the while expanding LCF, a financial consulting firm that aims to give advice to small or lower budgeted businesses. Furthermore, since I have mostly held friendly relationships with my teachers, I have become inspired to propagate MBA.