We worked on the case study question for the Robin Hood case. After reading the case, we began answering the questions What problems does Robin Hood have? What issues need to be addressed? What strategic options does Robin Hood have? Is continuing with the present strategy an option or is the present strategy obsolete? What action plan would you recommend to Robin? We talked about the mission and vision of Dunkin' Donuts and where they fit into the market. Some competitors considered include Starbucks, McDonald's, WaWa, Racetrack, etc.
We did research for his weekly discussion about business strategy. The first video seemed to contradict the second saying it was a mistake to think of strategy as the steps to accomplish goals. The second video was by the course professor and described strategy as a set of actions to outperform competitors and achieve superior profits. Strategies are established by organizational leaders and involve execution.
Brandon wanted to work on some things from his other classes so we looked at some of the problems on his calculus final, wrote up the discussion for his writing class, and reviewed his PowerPoint presentation for the writing class.
We went through the problems for the final including efficient markets, future exchange rates, developing countries, globalization, retrenchment, currency arbitrage, currency speculation, currency hedging, common law, civil law, criminal law, theocratic law, purchasing power parity, market consumption capacity, global strategy, multinational strategy, growth strategy, the General Agreement on Tariffs and Taxes (GATT), macropolitical, ebusiness, political union, economic union, customs union, common market, copyright, trademark, patent, direct and indirect exporter.
