CAN SOME ONE PLEASE HELP ME ITS SEEMS LIKE KNOW ONE IS ABLE
CAN SOME ONE PLEASE HELP ME ITS SEEMS LIKE KNOW ONE IS ABLE TO HELP ME WITH THIS QUESTION. I WILL GIVE YOU A HIGH RATING IF YOU CAN ME . THANK YOU
Many companies are looking at strategies to make their company better and last a long time. Read case 11 “Groupon, Inc. Daily Deal or Lasting Success?” found in the section titled “Cases In Strategic Management”. Be sure to read all sections of the case (Section 11-1 through 11-20). For the case you will need to write the following: a case abstract (discuss in your own words what the case is about), case issues and subjects (who is involved, who is impacted, etc.), and answer the discussion questions listed below in paragraph format.
Does Groupon result in repeat customers or one-time users?What is Deal Fatigue?Can Groupon maintain its phenomenal growth rate?What Lessons were learned from Groupon’s restatement of financials?How does Amazon’s relationship with Living Social alter the competitive landscape?Is Groupon a business financing business or a marketing business?
Solution
Groupon is very well known for the service provision in coupons. Groupons organisational structure is based on connecting the users to the local sellers. It provides its services in more than 28 countries and it is a market leader in its segment.
Groupon is basically based on one time use coupons which are essentially used by that uses for only one time in the Marketplace buy collaborating with different local shops as well as local service providers, groupon make their profits out of the same. The specific strategy includes Changing of coupons as well as deals very quickly even if it\'s located in the same locality. This kind of structure directly promotes and ideation and ideology of one time use of the service. Most of the times people usually follow Groupon for getting the best deals in the local region. It is a mix of one time users as well as returning users.
Deal fatigue can be described as a condition during the specific type of negotiation process in which both of the parties involved in the negotiation start to feeling frustrated and irritated. When the party is lose the hope of preaching to in agreement, deal fatigue is at its peak.
As Groupon is directly based on the sharing with the local shops and works on the basis of provision of the different deals And Services with the help of the local shops, their overall growth rate is directly dependent on local services. As the population is growing and need of The Deals And online users is also increasing Groupon would definitely be able to maintain their phenomenal growth rate in the future. Their organisational structure would definitely help group on to grow steadily in the market.
Groupon found instability in their accounting and there restatement of earnings are directly sign of the market stability at the risk. There is treatment of increasing losses was one of the major reasons of decreasing greater profits for the organisation. The main problem was the material weakness in their internal controls where the transactions were not properly managed which caused the main problem undefined groupon was warned for the adjusted consolidated segmented operating income but they ignore the same situation and hard lesson was learnt by facing the huge losses.
Amazon is considered in the best companies for doing the social business. Amazon is very well known for being connected to their customers using different social initiatives. Buy successfully using Facebook and Twitter as a tool for promoting their different promotional events and providing better offer and services to the customers for the after sales as a lesser services has been an advantage for Amazon. Amazon has been very successful in maintaining a competitive advantage in these terms as the level of implementation of different strategies regarding online availability of the company has been very active. This activeness has given a competitive advantage to Amazon over its competitors in the social aspects.
Rock on 10 be considered business financing business. As Groupon is directly depending on the local businesses as its main domain to provide deals to the customers gardens by the local businesses hence they fall in the category of business financing businesses. And can be easily considered as a financing business.
