discussion question

discussion question

WEEK 3 DISCUSSION QUESTION
PART 1.

Many companies use their brand as a competitive advantage. Given your knowledge about the global economy, identify three brands you believe have the strongest likelihood of remaining a source of advantage in the 21st century and explain why. Explain the effects you believe the Internet’s capabilities will have on the brands you identified in the previous discussion and what the owner of the brand should do in light of them.

PART 2.

From the e-Activity (PRACTICE), analyze the internal environment of the company you researched to determine that company’s strengths and weaknesses. Based on the strengths and weaknesses you discovered, determine what steps the company could take to positively impact the company’s competitiveness. Explain your rationale.

Solution Preview

Part 1
Brands that have the strongest possibility of remaining a source of advantage in the 21st-century brands are McDonald’s, Coca-Cola and also Apple. This is because they are brands that I believe have kept up their determination to respond to their consumer demand with their operation worldwide.

(304 words)