Analyze the external environment of gronefeld using pestel

Question

Case Study: "The watchmaker that hand delivers its timepieces around the world" By Ian ElleryGeneva.

1-Identify the strategic group of Gronefeld?Justify your answer.

How would you classifythe industry structurein 2014? Based thereon, would you expect theindustry to be profitable?Justify your answer.

2- Analyze the external environment of Gronefeld using PESTEL analysis.

3- Perform SWOT analysis on Gronefeld.

4- How would you explain Gronefeld's.com successfuleconomic performance. Discussusing the following concepts:

- Internal resourcesand capabilities

- VRIO (Valuable, Rare, costlyto imitate and organized to capture value)framework.

- Economic value creation.

- Partnershipsin value chain.

- Industry versus firm effects (using porter's 5 forces model).

5- Using theframework of the 5generic business strategies(e.g.low-costordifferentiationtargeting abroadand narrow segment ofcustomers), howwould you classify the positioning of Gronefeld.

6- Gronefeld is a truly global business.

What factors must it consider in entering a foreign market?

What modes of entry are available to Gronefeld?Justify your answer.

7- Apply Porter's Diamond of National Competitive Advantage framework on Gronefeld.

Answer 1

The following Case Study that describes about to "The watchmaker that hand delivers its timepieces around the world" By Ian Ellery Geneva. 1- Identify the tactical group of Greenfield? Defend your answer. How would you classify the industry structure in the year 2014? Based thereon, would you expect the industry to be profitable? Justify your answer. 2- Examine the external environment of Greenfield using PESTEL analysis. 3- Execute SWOT analysis on Greenfield. 4- How would you clarify Gronefeld's.com victorious economic performance. Converse using the subsequent ideas: - Internal resources and capabilities - VRIO (Valuable, Rare, costly to imitate and organized to capture value) framework. - Economic value creation. - Partnerships in value chain. - Industry versus firm effects (using porter's 5 forces model).