Strategic Management Assignment Example | Topics and Well Written Essays - 2500 words - 1

Strategic Management - Assignment Example king from both internal and external influences, explains strategies used by Davies in launching this new line, and proposes recommendations about whether this new launch can provide a return on the investment. The PEST Analysis, as part of environmental scanning, provides an opportunity to witness the different external conditions that influence decision-making. This model recognises political, economic, social and technological forces that will determine a firm’s adaptability to external trends. From the political view, Davies’ new business intends to launch 25 stores. Success domestically will determine whether to take this brand international and strategy could be impacted by different taxation or tariffs on imported products, cutting into the profit margin. Depending on the country where Davies might export his goods, political forces can determine speed of new market entry or regulate volume being delivered. The economic environment plays a considerable role in how a business develops strategy. Where this new line will be introduced, the UK, there is a current recession that impacts consumers at all different levels and market segments. In response to consumers slowing their purchases, especially in retail, high-end companies like Versace have stopped production on five different product lines in lower-priced ranges since they were not showing signs of profitability (Choi, 2009). Further, Tiffany closed its business focusing on Iridesse pearl jewelry to focus on diamonds due to sales slumps (Choi). This illustrates how the economic environment drives companies to streamline their product lines or enhance their sales focus on higher-profiting products. Spending patterns in consumer groups can strongly impact strategic direction, especially at the operational level like at Versace. Social trends, also external, impact how a company conducts business in a certain environment. A recent survey of citizens in Asia identified that Asians tend to worry about

Family Bereavement Experiences after Sudden Cardiac Death Essay

Family Bereavement Experiences after Sudden Cardiac Death - Essay Example CASP tool provides a series of questions whose answers require critical scrutiny of the article without biases. In this piece of critique writing, CASP will be applied in the quest to analyze the family bereavement due to SCD. Also, this being the first piece of critique writing; the tools provide better foundation and understanding of what is entailed in a critique essay (CRITICAL APPRAISAL SKILLS PROGRAMME 2011). The article of analysis is titled ‘Family bereavement after Sudden Cardiac Death’ written by Mayer. It is an article about a qualitative research to understand the predicaments faced by families that are victims of SCD. It was written on 28 July 2012 and later revised on 17 may 2013. Several outcomes were found pointing out the hardships faced by these families. The article came from Elsevier website. In this article, the CASP tool will be utilized to scrutinize an article about family bereavement and SCD. It is a qualitative research. Qualitative research is a form of research designed to help generate an explanation for a certain behavior among a group of people and if possible state the stimulus causing the various behaviors (Denzin and Lincoln 2005). Qualitative research is applied in many disciplines due to the many advantages that come with the technique. The goal or rather the main objective of the research is to illustrate the bereavement of family members after the departure of a dear one due to sudden cardiac death. Death of a family member brings about the distortion of the stability of several aspects in the family. The gap left by the departed person affects the family members in different ways that the author of the article has classified into themes. Five themes formulated by the researcher provided guidance to the search of the specific things to look for in the bereaved families.