Overview
Use the format in the following document to complete the Team Strategic Analysis Project. Only one submission per team. Team grades are contingent on peer evaluations. The report should be at least 10 pages single spaced long with additional pages for appendices. Mainly focus on section 5 & 7 please
For section 7 here are some require information Section 7: Recommend a Course of Action
-Recommendation based on conducted analyses.
Make the Sonos Ace a more exclusive item by limited product and upscale prices but also be committed to make the best possible headphones in the market
-Alignment with the external environment, mission, and existing resources/capabilities.
Talk about how Sonos headphones will market them to be innovating technology as well provide the best sound quailty headphone equipment money can buy. Have them market to audiophiles in contrast to apples marketing approach to the everyday man or beats to athletes
-Consistency with other analyses performed.
Reinforce the fact that the headphone space is super profitable and marketable. With Sonos expertise in audio equipment they should be a leading innovator in the market. (Look into what audio technica is doing in the market in terms of profits)
-Financial feasibility of the proposed solution.
It is financial feasible as Sonos are already committed to making top of the line innovation technology and have already planned merging Al into their products. What Sonos should focus on is the R&D department in order for this expansion to not bankrupt them.
So you'll need to expand on this action with probably 2-3 paragraphs and do some research about the success of making products exclusive
& for section 5 here are some requirements section 5 and since we just covered organizational structures last class you are missing some key answers like if its a simple, functional, M-form, or matrix and based on that u can answer the appropriateness of the structure for strategy implementation