Enter the term Department Stores in the U.S. After you have familiarized yourself with the IBISWorld contents
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Question:
Enter the term "Department Stores in the U.S." After you have familiarized yourself with the IBISWorld contents (be sure that you review all pages on the retail industry), perform some additional and more current research in the library on Target Corporation (use trade journals, newspaper articles, and magazines). What are the company's most recent 10-K report?
- Perform an assessment of Target's external environment, identifying keyopportunities and threats, by doing the following:
- Complete an analysis of Target's external environment usingPorter's Five Forces.
- Using theFunction Approachto Internal Analysis, identify keystrengths and weaknessesat Target by performing an in-depth internal analysis of the company. Use what you have learned in previous courses to perform your analysis. At a minimum, evaluate the following functional areas:
- Resources Accounting/Finance: Rist, M. & Pizzica, A. J., (2015). Financial Ratios for Executives: How to Assess Company Strength, Fix Problems, and Make Better Decisions. Chapter 1: Ratios Overview. Available in the Trident Online Library.
Rist, M. & Pizzica, A. J., (2015). Financial Ratios for Executives: How to Assess Company Strength, Fix Problems, and Make Better Decisions. Chapter 2: Ratios Description. Available in the Trident Online Library.
- Marketing
- Human Resources
- Operations Management
- Technology
- Logistics
- After you have completed your Internal and External analyses, prepare a table in which you clearly show the most important strengths and weaknesses of the company and the most salient opportunities and threats currently facing Target.
- Conclude your analysis by answering the following:
- Does Target have more strengths or weaknesses? Explain.
- Does Target have more opportunities or threats? Explain.
- Does Target have any sustainable competitive advantages? If so, what are they?
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ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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