- What are some of the elements that lead to the financial crisis of 2008 – 2009? Responses should include at least one current quality reference, and be sure to include the full source citation author/date/publication/title).
- What “backs” the money supply in the United States? What determines the value (domestic purchasing power) of money? How does the purchasing power of money relate to the price level? Who in the United States is responsible for maintaining the money’s purchasing power?
- What is our most important current economic problem? Responses should include at least one current quality reference, and be sure to include the full source citation (author/date/publication/title)
On the other hand however, there are serious issues surrounding trying to be a leader in each of these differentiated segments and that is that you get stuck in the middle, not being able to sell either particularly cheap nor expensive goods and not being able to define a particular market in which to sell them to. As a result this may lead to a severe loss of sales hence there is no particular market segment on which to take control of. 5. Strategic Fit John Lewis as a partnership has a good level of strategic fit simply because of the vast amounts of business opportunities it employs. For example taking the Waitrose arm of the company, strategically thinking the business could make a sideways move (there is a proper name for this, where the sideways move is taking over the supplier etc) and start taking over their suppliers or even there producers. By doing so this may reduce costs to the company which in turn may lead to higher profit margins. On the other hand however John Lewis may try to launch themselves into a new potential market such as that of personal finance. The company attracts those with a higher income so it makes sense to try and offer them more value added products with what they buy, such as product insurance for example. This is more prevalent now John Lewis has started selling laptops and desktop computers as they can then offer a whole range of extras from carry cases to software right through to insurance. Again though after offering this the company may choose to take a sideways move and take over the suppliers of these goods or even start to produce versions of there own. Depending on what the partnership decides to do however can have serious effects upon, for example if the decision is made to move both sideways and forwards ( Find the correct term for this as it sounds crap) then it may cost an awful lot of money, yet the partnership hasn’t actually strategically fit anywhere as it is trying to do everything at once. Further more, depending on where the movement >GET ANSWER