Analysis of Chief Elements of Eat2Eat's Strategy Case Study

Analysis of Chief Elements of Eat2Eats Strategy - Case Study ExampleThe five tasks of strategic care include 1. Developing the flush and wad, 2. Developing objectives, 3. Developing Strategy, 4. Implementing Strategy and 5. Evaluating Performance and improving Strategy (Chenata, 18). Aggarwal grade low because Aggarwal has not been able to develop a feasible mission and vision statement for the confederacy. beneficial now, he has no objectives for the firm which would have been developed keeping in mind the vision and mission of the company. Since there are no objectives in Agarwals mind, the company lacks a strategic vision. When a company does not have a proper mission and vision, it risks its chances of going off-track. 2. Is Aggarwals present strategic vision for Eat2Eat different from the one he had when he originally founded it? When Aggarwal first founded the company, he wanted to open up an internet chain that would work on the same track as that of online hotel and ai rline Ticket Company, mediocre that the company would focus on eatery bookings. Even though Aggarwal has not developed a mission and vision statement, the strategic vision has remained the same. While Aggarwal has expanded his reach to new countries and taken on promoting restaurants finished website advertising, the company still earns a majority of its revenues through restaurant booking. 3. What are the chief elements of Eat2Eats credit line model? How does the company apply revenues? What are the primary cost drivers? How does it deliver value to customers? The chief elements of Eat2Eats business model include an online service that is yet to have direct competition. The organization is able to generate revenues through three channels. These include its main revenue-generating ambit which is online booking of restaurants advertising for restaurants on the website and credit broadside companies that build an alliance with the company. The company has also been able to cover a wide geographical area in a relatively short time span. The primary cost drivers for the company include locomotion expenses that the chief executive officer incurs while contacting new partners. It also includes salaries paid to employees and maintaining the website. It delivers value to its customers by providing a myriad of restaurant choices to book form and also by giving reviews about these restaurants that are written by the CEO himself and are objective in nature. 4. What are the chief elements of Eat2Eat s strategy? Which of the five generic strategies discussed in Chapter 5 is Eat2Eat pursuing? Has Eat2Eat s strategy evolved since it was originally conceived? Strategies adopted by organizations all over the field have been generally categorized into five generic strategies. These include best cost provider strategy, concentrate low-cost strategy, focused differentiation strategy, broad differentiation strategy and low-cost provider strategy (Thompson, Strickland, ad venture and Jain, 138).