Question: Case # 1 1 NASCAR: Can't Keep a Good Brand Down You will start by describing what a SWOT analysis is and what it's used
Case # NASCAR: Can't Keep a Good Brand Down
You will start by describing what a SWOT analysis is and what it's used for. Describe why this framework is beneficial for strategic decision making. You will then create a SWOT analysis based on the information in the case
Evaluate NASCARs branding strategy in relation to its overall marketing strategy. Could NASCAR have done anything differently to insulate itself against the economic downturn?
Conduct a strategic SWOT analysis for NASCAR at this point in its history. What opportunities are available for NASCAR to take advantage of given its many significant strengths?
What strategies do you recommend to counter the criticisms leveled against NASCAR? Should the company become more involved in sustainability initiatives? If so how might that be tied in with NASCARs branding strategies?
What strategies can you offer to move NASCAR to the next level in its evolution? How can the company maintain, or even increase, its sponsor and fan base?
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