NMIMS MBA Strategic Management Solved Answer Assignment
16
Oct
2024
STRATEGIC MANAGEMENT
1. You are a business person who has access to capital and want to build a global advertising empire. Create a strategic plan to build your business; do you think that acquisitions could be a strategic option? Justify your answer. (10 Marks)
Ans:
Introduction
As a business enterprise, my goal is to set up an international advertising empire to get admission to the capital. To attain this, a well-crafted strategic plan is crucial. One potential strategic option that holds extensive promise is acquisitions. Acquisitions may be an effective boom approach for numerous reasons. Firstly, acquiring established marketing companies permits fast marketplace access and growth, leveraging the acquired employer’s current patron base, know-how, and assets. This can boost our international presence, grow market proportion, and improve our aggressive function.
Concept and Analysis
As a commercial enterprise individual with the right of entry to capital and an imaginative and prescient to construct a worldwide marketing empire, it’s critical to develop a strategic plan that outlines the stairs required to achieve this bold purpose. One strategic capability choice that holds enormous promise is acquisitions. Acquisitions can be a powerful increase strategy for numerous motives, such as rapid marketplace access, entry into skills and intellectual belongings, and synergistic blessings.
Conclusion
In the end, as a businessman or woman with the right to enter the capital aiming to build a global marketing empire, acquisitions present a compelling strategic option. Acquiring mounted marketing companies permits rapid marketplace entry, get entry to talent and intellectual belongings, and synergistic blessings.
2. The Indian Super League is India’s leading soccer league but is struggling with viewership? What could be the reasons for this lack of consumer interest? What strategies would you recommend to the league management if you were its strategy consultant?
Ans
Introduction
The Indian Super League (ISL) holds the position of being India’s gold-standard football league. However, it needs help with the subject of viewership and patron interest. Several elements could contribute to this loss of engagement. Firstly, the recognition of cricket in India overshadows other sports, making it difficult for football to gain substantial traction. Secondly, the absence needs a strong soccer tradition and way of life inside the u. S . Poses a hurdle in growing a passionate fan base.
Concept and Analysis
The Indian Super League (ISL) is India’s main soccer league but has been grappling with losing viewership and purchaser interest. Several factors contribute to this mission, and addressing them requires a complete and strategic approach. One key reason for the need for more client hobbies is the overpowering popularity of cricket in India. Cricket has historically held a dominant function within the hearts of Indian sports fanatics, making it hard for different sports activities, together with soccer, to compete for attention and viewership.
Conclusion
In conclusion, the lack of consumer interest in the Indian Super League (ISL) may be attributed to competition with other sports, limited star power, insufficient reach and promotion, and inconsistent quality and competitiveness.
3. Inox and PVR recently merged together to create India’s largest theatre groups, the combined entity now has 1500 theatres across the country. This is 20% of the current market size and nearly 50% of the revenue.
a. If you were an owner of a single screen theatre in a city where Inox PVR have multiple screens what strategies would you adopt to compete. (5 Marks)
Ans
Introduction
As the owner of a single display screen theater in a town wherein Inox and PVR, with their a couple of displays, dominate the cinema marketplace, competing calls for a strategic technique that capitalizes on unique blessings and can provide a differentiated experience.
Concept and Analysis
Here are a few strategies to don’t forget
Specialize in Niche Films: Instead of directly competing with Inox and PVR’s mainstream movie services, awareness on catering to niche audiences. Identify specific genres, impartial films, artwork-house movies, or overseas language movies with a committed following. Providing a curated selection of these movies could attract a gap audience that appreciates unique cinematic reports.
Conclusion
Adopting those strategies allows a screen theater owner to compete correctly with Inox and PVR. Differentiation, area of interest focused on, customized advertising and marketing, partnerships, unique studies, and competitive pricing are key factors that could assist in appealing to and retaining customers who are seeking a wonderful cinema revel.
b. Analyze the state of India’s movie theatre industry and what the industry needs to do to evolve going forward in this highly competitive technology driven media and entertainment industry.
Ans
Introduction
The film theater enterprise in India is presently processing extensive modifications in response to the notably competitive and technology-driven media and entertainment landscape. Movie theaters need to invest in building a community by organizing movie festivals, unique occasions, and interactive screenings.
Concept and Analysis
Several key factors want to be considered to examine its present-day nation and become aware of its vital evolution.
Technology Disruption: With the arrival of virtual structures and streaming offerings, audiences can access a wide range of content from the comfort of their homes. To compete, the film theater-industry has to include technological advancements. This includes upgrading projection systems to offer high-quality visuals, adopting immersive technologies like 3-D and digital fact, and exploring advanced audio studies.
Conclusion
In conclusion, the Indian film-theater industry desires to conform to remain aggressive within the generation-pushed media and amusement sector. This requires embracing era advancements, diversifying content offerings, improving cinematic enjoyment, fostering strategic partnerships, using records analytics,
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