Question: Two analytical tools useful in determining whether a company's prices and costs are competitiveSpotify CEO Daniel Ek has employed you as a consultant to assess
Two analytical tools useful in determining whether a company's prices and costs are competitiveSpotify CEO Daniel Ek has employed you as a consultant to assess the companys overall situation and recommend a set of actions to further improve the companys future prospects and competitive position. Prepare a report to Mr Ek that includes:
An evaluation of competitive forces in the market for the digital music platform
An assessment of Spotifys strengths, weaknesses, opportunities and threats
An identification of the primary components of Spotifys value chain, and
A set of action recommendations that Spotifys top executive team should initiate in order to sustain the companys growth and performance.
Deliverable: Your report should include pages of recommendations and whatever supporting charts, tables or exhibits you deem useful
The following questions will help in guiding you through the necessary areas of analysis to successfully complete your report deliverable and they ARE NOT to be submitted in the report as the answer to the assignment:
What are the key elements of Spotifys strategy? What keeps them competitive compared to other streaming platforms?
How would you describe Spotifys business model considering their subscription tiers? What makes it different?
What are the value chain components of Spotify as a streaming music platform and how does the company deliver value?
What does a SWOT analysis reveal about the overall attractiveness of Spotify situation?
How do you characterize Spotifys growth strategy? Have they achieved a stronger position?
What recommendations would you make to Daniel Ek to sustain the rate of growth at Spotify?
What recommendations would you make to Gennette to address the strategic issues confronting Macys in
This group assignment is worth of your final grade and can only be submitted in groups no individual submissions will be allowedare
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