Discussion reply | Business & Finance homework help

Instructions:

Don't use plagiarized sources. Get Your Custom Essay on
Discussion reply | Business & Finance homework help
Just from $13/Page
Order Essay

Discussion Reply: Outside Research/Peer Reviewed Journal sources. Just as you did with your main post!) Make sure you reflect on the question before posting to our discussion board. Also, make sure your posts integrate material from the textbook and other sources used. Also, posts must be germane to the topic, succinct, and grammatically correct. 

Discussion:

According to David and David (2017), EFE matrices evaluate several external factors that could affect a company. These factors can be broken into different categories, such as social, economic, and governmental. On the other hand, CPM matrices draw comparisons of varying factors solely with the company’s top competitors.  Two factors I thought the company was responding very well were its social responsibility and being able to offer healthier options.  With the many acquisitions, the firm has done, including such companies as Brookside, it has become apparent the company is trying to increase its share and presence into the health-conscience market (David and David, 2017).  The health and wellness food market is expected to grow at a rate of 5.7% and will see a market size of over $1.2 trillion by the year 2024 (Francis, 2019).  The company is also increasing the percentage of certified cocoa in its products and replacing its high-fructose food items, which both helps the company build upon its excellent social responsibility image.  Since its larger rival Nestle is a company that is more than ten times bigger than Hershey, it’s a great feat that Hershey is still able to dominate the market share in the United States. It says something about the way the company has been able to capitalize on both its brand and image. 

One threat I felt the company needed to be very mindful of and plan for its volatile commodity costs from things such as sugar and dairy.  Many factors can go into wild price swings such as war, extreme weather, or government instability.  It would be vital for the company always to have back-up suppliers.  Another threat I felt the company needed to be aware of is the increase in health-minded people; this threat was also listed differently under opportunities.  Just as it would be vital for the company to appeal to this market, it would also still be a challenge for the company, which is most famous for candy and chocolate to change the minds or the perception of the brand to specific segments of the population. 

References:

David, F., & David, F., (2017). Strategic management concepts and cases: A competitive advantage approach (16th ed.). Boston: Pearson Education, Inc.

Francis, C. (2019, September 6). Health and Wellness Food market is expected to see growth rate of 5.7% and may see market size of USD1253 Billion by 2024. Retrieved March 19, 2020, from https://www.marketwatch.com/press-release/health-and-wellness-food-market-is-expected-to-see-growth-rate-of-57-and-may-see-market-size-of-usd1253-billion-by-2024-2019-09-06

Place Order
Grab 16% Discount On This Paper
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

We value our clients. For this reason, we ensure that each paper is written carefully as per the instructions provided by the client. Our editing team also checks all the papers to ensure that they have been completed as per the expectations.

Professional Academic Writers

Over the years, MyEssay.Help has managed to secure the most qualified, reliable and experienced team of writers. The company has also ensured continued training and development of the team members to ensure that it keep up with the rising Academic Trends.

Affordable Prices

Our prices are fairly priced in such a way that ensures affordability. Additionally, you can get a free price quotation by clicking on the "Place Order" button.

On-Time delivery

We pay strict attention on deadlines. For this reason, we ensure that all papers are submitted earlier, even before the deadline indicated by the customer. For this reason, the client can go through the work and review everything.

100% Originality

At MyEssay.help, all papers are plagiarism-free as they are written from scratch. We have taken strict measures to ensure that there is no similarity on all papers and that citations are included as per the standards set.

Customer Support 24/7

Our support team is readily available to provide any guidance/help on our platform at any time of the day/night. Feel free to contact us via the Chat window or support email: support@myessay.help.

Try it now!

Grab 16% Discount On This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

MyEssay.help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At MyEssay.help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.

                                                                                     Place Order macbook tamir - mersin escort - casino-masino.com - bahis