SMG SM 131 Lecture Notes - Lecture 6: Whole Foods Market, Austin, Texas, Information System

• School: Boston University
• Department: School of Management
• Course: SMG SM 131
• Professor: Rebecca Nichols

Document Summary

Strategy: brain that coordinates all firm functions, accounting, finance, marketing. Internal environment firm level sources: firm history, physical capital, resources $, human capital. Leadership: quality of personnel, quality of training, routines. Innovative practices: products/market share, synergies across products. Intellectual property: location/real estate, external environment industry-level sources, firm level sources and industry level sources firm-level sources, political factors, regulatory factors, macro(economic factors, social factors, demographic factors, technological factors. Industrial factors: co(cid:373)petito(cid:396)"s a(cid:272)tio(cid:374)s, firm economic profits both environments have an impact on this. Internal/unhelpful weakness: most basis strategy, external/helpful opportunities, external/unhelpful threats. External analysis framework po(cid:396)te(cid:396)"s 5 fo(cid:396)(cid:272)es f(cid:396)a(cid:373)ewo(cid:396)k: potential entrants, threat of entry. Identify factors making it easy or hard to enter industry: overall: is the threat of firms entering the industry lo/med/high, suppliers, power of suppliers: Ide(cid:374)tify fa(cid:272)to(cid:396)s affe(cid:272)ti(cid:374)g supplie(cid:396)"s a(cid:271)ility to s(cid:395)ueeze p(cid:396)ofits: overall: do suppliers have lo/med/high ability to squeeze profits, buyers, power of buyers: