Sears Holdings Company has had continuous earnings decline since its creation in 2005 from a merger of Sears and Kmart.
Do an internal and external analysis of the company and address the following within your discussion board post;
- What are the strengths and weaknesses?
- Do the combined companies have the right strategy to compete with their competitors such as JC Penney, Kohls, Target and Home Depot?
- What internal and external changes should be made?
- Why would the changes work?
Question 2
Find five examples of the company’s goals. List them.Determine what internal resources they already have and what resources they will need to have in order to achieve those goals.
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Question 3
Goodwill Industries (GW) has been in business for over one hundred years.This non-profit is known throughout the USA as a giant among NFP Organizations.Its mission statement reads:
Goodwill Industries International enhances the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential through the power of work.
Goodwill Industries International enhances the dignity and quality of life of individuals, families and communities by eliminating barriers to opportunity and helping people in need reach their fullest potential through the power of work.
Their values on their website as stated are:
Respect:We treat all people with dignity and respect.Stewardship:We honor our heritage by being socially, financially and environmentally responsible. Ethics:We strive to meet the highest ethical standards.Learning:We challenge each other to strive for excellence and to continually learn.Innovation:We embrace continuous improvement.
Goodwill Industries has been controversial at times with complaints of over compensation of executives to “slave like working conditions”.
Research this organization.What are their business strategies? Do they live up to their mission and value statements? How so? Determine a business strategy that would work better if you were a competitor.
