Business Research” Please respond to the following:
•From the first case study, analyze The Ritz-Carlton process of conducting research. Next, justify its effectiveness in the category of industry, market, competition, and company. Provide at least two examples to support your response. •Compare and contrast three to five ways in which how research conducted for an existing company such as The Ritz-Carlton can differ from the type of research that is needed for a new prelaunch venture. Support your response. Business Planning” Please respond to the following:
•From the second case study, analyze how business planning can be an overarching and continuing development process that requires constant reevaluation of the company and its environment. Support your analysis. •From the second case study, analyze the PlanningShop business planning process, and determine the key factors that defined the company’s winning strategy for business planning. Next, suggest at least two methods that the company can take to identify opportunities and threats and adapt its business accordingly. •Marketing research •Business planning
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