In this assignment, you will conduct a SWOT (Strength, Weakness, Opportunity,
and Threat) analysis for the type of beverage you have selected, and for your
company overall. As you work on the assignment, consider why you have chosen one
type of non-alcoholic beverage over another and the reasons for that choice. As
you complete your SWOT analysis, be sure to include external factors such as
industry / market trends and competition, and internal factors such as your
capabilities or abilities to reach certain market segments.
Write a three to five (3-5) page paper, in which you:
Create your revised NAB company name and explain its significance.
Develop your revised company’s Mission Statement and provide a rationale for
Hints: Use the Statement of Mission template on pp. 72-73 on the
course textbook: Successful Business Plan to aid your development. Click here for help accessing a specific page number in your
Extracting appropriate information from the NAB company portfolio, where
applicable. You should fill in other required items in the template using your
Describe the trends in the non-alcoholic beverage industry, especially the
specific type of beverage category you have chosen. Justify at least three (3)
reasons why you have chosen this type of non-alcoholic beverage.
Hints: Research and outline beverage industry trends. Consider the
size and growth rate of the industry overall and the specific beverage type you
have chosen. Use the worksheet in the course text (p. 88 | Past and Future
Growth of Your Industry) to help you project the future growth rate.
Consider the use of industry associations and search engines to find reliable,
Choose one (1) strategic position from the course text (pp. 142–143) that
you believe is the best strategic position for your company. Explain the
approach you will use to implement this strategic position in order to
distinguish your beverage from other non-alcoholic beverages.
Provide an overview of your company’s distribution channels. Explain the
manner in which your product will reach end users. Provide a rationale for your
Hints: For example, will you sell your beverage in grocery stores,
restaurants, or sports venues? If so, describe the types of resellers and
distributors who will sell to resellers and fulfill their orders. If you are
attempting to sell direct-to-consumers, such as online via a monthly
subscription, how will you manage warehousing / fulfillment /
Outline at least three (3) types of risks (including any regulatory risks)
that your business faces. Describe your company’s plan to mitigate such risk.
Hints: You may refer to the types of risk listed in the course text
(pp. 148–149) as well as any risks not listed in the text. Regulation weighs
more heavily on beverage and food businesses than many other types of companies,
so be certain to consider any regulatory risks your type of beverage faces. For
example, what kind of regulation and / or risks are you likely to face if you
make health claims about your beverage?
Develop a SWOT analysis for your NAB company using the SWOT matrix worksheet
in the course text (p. 153 | SWOT: Strengths / Weaknesses / Opportunities /
Hints: What are your company’s likely strengths? Have you chosen a
beverage segment that is growing and lacks an entrenched competitor? Are you in
a niche market that has great potential? What are the strengths that you and
other team members bring to your company? Do you or other team members have
previous experience in the food and beverage industry?
Hints: What are your company’s likely weaknesses? Is the
competition in your industry segment entrenched? Is your own management team
inexperienced? Will it be challenging to actually produce your product and
Hints: What are your company’s opportunities? Does your segment
have more demand than supply? Have larger corporations stopped serving smaller
or niche markets that you could enter? Is a new market emerging because of
demographics, immigration, changing tastes?
Hints: What are your company’s threats? Is there a clear market
leader that will be hard and expensive to displace? Are downward-pricing
pressures in the segment making profit margins slim? Are there little or no
barriers-to-entry for new competitors; if you have a novel idea that succeeds,
can the competition easily enter your market? If you have a global aspect to
your company, do factors such as currency fluctuations, political instability,
offshoring or outsourcing pose threats?
Format your assignment according to these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch
margins on all sides; references must follow APA or school-specific format.
Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s
name, the professor’s name, the course title, and the date. The cover page and
the reference page are not included in the required page length.
Cite the resources you have used to complete the exercise.
Note: There is no minimum requirement for the number of
resources used in the exercise.
The specific course learning outcomes associated with this assignment
Analyze the role of a company mission, vision, and objectives and the impact
to business strategy.
Describe strategic planning techniques used to formulate alternative
strategies designed to achieve stated business goals.
Analyze the external and internal environment for opportunities, threats,
strengths, and weaknesses that impact the firm’s competitiveness.
Use technology and information resources to research issues in strategic
Write clearly and concisely about strategic management using proper writing
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