Paper Topic:

Leadership

Running Head : Leadership

Student Name

Year of Study

University

Date of Submission

1 . Kim Harris owns and operates a small retail store selling the outdoor clothing of an American manufacturing to a predominately college-student market . Lately , a large department store outside of town has started selling similar , but lower-priced clothing manufactured in China Thailand , and Bangladesh . Kim believes she is starting to lose business to this store . Assume you have been hired as a consultant to help answer Kim answer the question : How can I best deal with m

strategic management challenges in this situation ' Reply using

a .Using Porter 's Five Forces Model (chapter 4 of the de Kluyver and Pearce text

b .The nine questions seen on pages 72-74 of the de Kluyver and Pearce text

c .The idea of environmental scanning (pages 129-130 of the Cohen text

d . Drucker 's idea on Marketing (chapter 9 of the Cohen text

The key to succeeding in business is the application of the relevant strategic management schemes that there can ever be , based on the factual information or the real situation of where the business is and how its current state is . Strategies in business differ on the basis on factors like competition and industry (Kotler , 2008 . Then , as Drucker would put it , doing something without first of all having as much as a thought about it and how to go about doing lit is the leading reason why people fail . Since this is a very critical and challenging situation...

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