Create a Detailed and Specific “Value Chain of Activities” - Management Assignment Help

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Assignment Task:

Task:

Review the following:

  •  Read “Trader Joe’s” and keep detailed notes. You can, and should, scan it multiple times.
  •  All relevant readings from the “Walden MBA Capstone Bibliography.”

Use information in the case study and other basic industry research data you can find in the Walden Library. (Hoover’s database would be a good place to start, as would Business Source Complete.)
 

Note: You will have to search for information on the most relevant of Trader Joe’s competitors, as well as Trader Joe’s to be able to make an appropriate relative ranking of resources.

Write a polished analysis that responds to the prompts below.

1. Create a detailed and specific “Value Chain of Activities” at Trader Joe’s that identifies all the primary skills, competencies, and capabilities within the company, and orders them within a “Value Chain” logic. Note: This table should be in Word document format.

2. Use your best judgment, based on the information in the case, and your research, and rate Trader Joe’s current profile of skills, competencies, and capabilities, as identified in the detailed “Value Chain” in the case supplemental document. Use the following scale to rate:

o If the skill, competency, or capability is “World Class” (clearly best in industry and could be benchmark for other industries), rate the item a 10.
o If the skill, competency, or capability is “Industry Best” (clearly number one or two in the industry), rate the item an 8.
o If the skill, competency, or capability is “Industry Average,” rate the item a 5.
o If the skill, competency, or capability “Needs Improvement,” rate the item a 3.
o If the skill, competency, or capability is a “Critical Deficiency,” rate the item a 1.

3. What is your average rating (which assumes that all the skills, competencies, and capabilities in the value chain were equally important)? What does this average tell you?
4. What three skills, competencies, or capabilities—across all categories—do you think are strategically the most important in the industry? Why?

5. Based on your responses above, does Trader Joe’s have the capabilities in place to win? To continue to win? Why?
6. What should Trader Joe’s do right now to leverage its competitive strengths and mitigate or improve upon competitive weaknesses?

 

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