Describe vision, aim, mission and objective of jb hifi in 200 words.

Expert Solution

Mission: "Jb Hi Fi strives to deliver most extensive range, lowest prices, best brands, convenient locations and most importantly genuine personal service from our staff."

Vision: "To operate 6 new stores across Australia, upgrading 16 stores to new JB Hi fi Home and increase sales to approximately 3.85 Australian dollars from previous year."

Aim is to create world class services and grow exponentially across all continents by 2050.

Objectives include growing CSR spends and becoke global corporate sociallly responsibility based citizen in short term and medium term and be compliant to ethical framework and Sarbanes Oxley Auditing practices.

SWOT ANALYSIS :

Strengths

Global brand image
Economies of scale and cost leadership
Highest patent growth
Innovation and design capability

Weakness

High dependent on OEM
Product cannibalization due to less differentiation
Focus majorly on high prices and premium segment

Opportunity

Tieups with Telecommunications operators for handset SIM selling
Focus on rural markets
Focus on low price segment
Focussing on diversified products like smartwatches, IoT products, Smart sensors, Smart devices

Threat

Chinese products and hypercompetition
Uncertainty in government policies
High taxation
Retail markets collaboration with low cost players and private labels.

Rahul Sunny answered 1 year ago

In 150-200 words, discuss either: option 1: how COVID-19 affects an organization's Mission, Vision and Values...

In 150-200 words, discuss either: option 1: how COVID-19 affects an organization's Mission, Vision and Values option 2: How COVID-19 affect an organization's goals.

1. Identify the firm’s mission, vision, and objectives 2. Develop mission and vision statements for the...

1. Identify the firm’s mission, vision, and objectives 2. Develop mission and vision statements for the organization. 3. Develop FOUR values for the organization. 4. Develop TWO objectives for the organization. 5. Identify the organization’s external opportunities and threats. 6. Construct a competitive profile matrix. 7. Construct an external factor evaluation matrix. 8. Identify the firm’s internal strengths and weaknesses. 9. Construct an internal factor evaluation matrix. 10. Prepare a Boston Consulting Group Matrix (If applicable) 11. Recommend specific strategies...

3M Mission and Vision Statement

3M Mission and Vision StatementIs diversity mentioned in the company’s Mission and Vision statement?What do you perceive as the implications of having this/not having this in their Mission and/or Vision statement?

Describe the difference between a vision statement and a mission statement. What is the purpose of...

Describe the difference between a vision statement and a mission statement. What is the purpose of each statement? Provide an example of a strong vision and mission statement used by an organization today. What qualities do these have that make them strong statements?

Define the terms: “mission” and “vision”. What characteristics do well-written mission and vision statement have? Based...

Define the terms: “mission” and “vision”. What characteristics do well-written mission and vision statement have? Based on your explanations, please write mission and vision statements for a fictional company of yours and briefly explain how they can help strategic management process.

What is the mission and/or vision of BMO Harriis bank?

write a Project Manager vision and mission statement

in 200 words or more How do a firm's mission, objectives, and business strategy relate to...

in 200 words or more How do a firm's mission, objectives, and business strategy relate to project management? give an example

zappos fundamental principles of management and mission and vision statement

Emirates Group Security Vision, Mission Vision To maintain recognition internationally as being one of the leading...

Emirates Group Security Vision, Mission Vision To maintain recognition internationally as being one of the leading organizations, in the business of providing aviation and security related services and to set the benchmark for this service within the aviation industry. Instruction: identify the specific type of the above vision statement? Develop at least three different vision statements for the above organization. Mission Emirates Group Security is committed to safeguarding all customers, staff, and assets against acts of unlawful interference through continuous...

Question