Saturday, August 24, 2019
Implementing Strategy Assignment Example | Topics and Well Written Essays - 500 words - 1
Implementing Strategy - Assignment Example That is also evident in the stock price after round eight in which Baldwin had $166.47, second after Digbyââ¬â¢s 320.07 that was the best performance. As a business that values improvement in its products, we invested in research and development. The following represents the implementation strategy for research and development during the first four rounds of competition. For round 0, R&D was $0 for all the five products. That remained similar for the Baker and Bead products in round 1. However, Bid, Bold and Buddy products had $886, $ 778 and $ 892 in R&D, respectively, during round 1. During round 2, Baldwin spent $140 on R&D for Baker, $40 for Bead and $1000 for each Bid, Bold and Buddy. During round 3, R& D were $854 for Baker, $0 for Bead, $274 for Bid, $161 for Bold, $20 for Buddy and $952 for Bobo products. For round 4, R& D were $0 for Baker and Bead, $874 for Bid, $ 842 for Buddy and $820 for Bobo. In round 5, R& D will be $0 for Baker, $0 for Bead, $989 for Bid, $864 for Bold, $849 for Buddy and Ã⢠for Bobo. In essence, research and development after the introduction of Bobo was higher. After all the eight rounds of co mpetition, product improvement was achievable due to high investment in research and development. Based on the financial historical summaries for Baldwin, the following were the financial performances. As the Baldwin team, the net income increased steadily throughout the eight rounds. Round one performance was $1, 061, 000 while round eight performance was $40, 427, 000. The cash flow from operations varied during the eight rounds. While, round one was $3,282, 000, round four was $1, 628, 000, round five was $34, 236, 000 and round eight was $ 47, 774, 000. Baldwin great performance in profitability after the eight rounds of competition. It had $ 40,427,031 in profit. Because of its exceptional marketing strategies, Baldwin realized 11.27% in traditional segment share after the eight rounds of competition. That was third
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