For this assignment there
are 2 parts respond with 200 words 12
font times roman, citations, references.
Summarize your key decisions this week and why you made them.
Respond with 200 words Examine the decisions of one of your
peers from the previous week and compare and contrast your decision this week
This past week showed how
competitive BSG is going to be between all of us. I have already had to make a
couple of unplanned adjustments because some of my competitors are making some
savvy decisions. The plan for my company was to grow every year by focusing on
quality and image. This is still the company’s mission but it’s going to be a
difficult road getting there. Year 13 didn’t show the growth that we were
hoping for so we made adjustments with lowering prices. I anticipated raising
prices every year but that didn’t not happen because anticipated demand was
extremely low for reasons that I couldn’t pinpoint exactly. We placed a greater
focus on private-label footwear. It was only because of that that we were able
to reach our expected metrics. Year 14 looks to be a bounce back year with
expected gains in EPS and ROE but it appears that I will have to use multiple
strategies. There is no one certain strategy that will ensure success. You have
to adjust to your competitors.