1. What are the strategically relevant factors of the macro-environment that affect the attractiveness of the U.S. jewelry industry? Specifically, are general and industry economic conditions and socio-cultural factors favorable to Tiffany & Co.’s business situation?
2. How strong are the competitive forces confronting Tiffany & Co. and other retail jewelers? Which one of the five competitive forces is the strongest? Do a five-forces analysis to support your answer.
3. What key factors will determine a company’s success in jewelry retailing in the next 3-5 years?
4. What is Tiffany & Co.’s strategy? Which of the five generic competitive strategies discussed in Chapter 5 most closely fit the competitive approach that Tiffany & Co. is taking? What type of competitive advantage is Tiffany trying to achieve?
5. What does a SWOT analysis for Tiffany & Co. reveal about its ability to seize market opportunities and nullify external threats?
6. What is your appraisal of Tiffany & Co.’s financial performance based on the data in case Exhibit 1? How do the company’s EBIT margins compare for the 2006 – 2011 period? Is there evidence that Tiffany’s strategy is working?
7. Does Tiffany have adequate competitive strength to defend its position in the industry? Do a weighted competitive strength assessment using the methodology presented in Table 4.4 of Chapter 4 to support your answer.
8. What strategic issues and problems does Tiffany & Co. management need to address?
The Essay on Mc Donald's Competitive Five Forces
Threat of New Entrants The threat of new entrants, both potential and existing competitors influences average industry profitability. The threat of new entrants is usually based on the market entry barriers. Some of the barriers include cost of entry, the cost you need to bear in order to enter the particular market. Rules and regulation set by Government may also considered barriers for new ...
9. What recommendations would you make to Tiffany & Co. management to strengthen the company’s competitive position and future strategic and financial performance?
