Analysis of Chief Elements of Eat2Eat's Strategy Case Study

Analysis of Chief Elements of Eat2Eat's Strategy - Case Study Example The five tasks of strategic management include 1. Developing the mission and vision, 2. Developing objectives, 3. Developing Strategy, 4. Implementing Strategy and 5. Evaluating Performance and improving Strategy (Chenata, 18). Aggarwal rates low because Aggarwal has not been able to develop a feasible mission and vision statement for the company. Right now, he has no objectives for the firm which would have been developed keeping in mind the vision and mission of the company. Since there are no objectives in Agarwal’s mind, the company lacks a strategic vision. When a company does not have a proper mission and vision, it risks its chances of going off-track. 2. Is Aggarwal’s present strategic vision for Eat2Eat different from the one he had when he originally founded it?   When Aggarwal first founded the company, he wanted to open up an internet chain that would work on the same track as that of online hotel and airline Ticket Company, just that the company would foc us on restaurant bookings. Even though Aggarwal has not developed a mission and vision statement, the strategic vision has remained the same. While Aggarwal has expanded his reach to new countries and taken on promoting restaurants through website advertising, the company still earns a majority of its revenues through restaurant booking. 3. What are the chief elements of Eat2Eat’s business model? How does the company generate revenues? What are the primary cost drivers? How does it deliver value to customers?   The chief elements of Eat2Eat’s business model include an online service that is yet to have direct competition. The organization is able to generate revenues through three channels. These include its main revenue-generating area which is online booking of restaurants; advertising for restaurants on the website; and credit card companies that build an alliance with the company. The company has also been able to cover a wide geographical area in a relatively sh ort time span. The primary cost drivers for the company include travelling expenses that the CEO incurs while contacting new partners. It also includes salaries paid to employees and maintaining the website. It delivers value to its customers by providing a myriad of restaurant choices to book form and also by giving reviews about these restaurants that are written by the CEO himself and are objective in nature. 4. What are the chief elements of Eat2Eat s strategy? Which of the five generic strategies discussed in Chapter 5 is Eat2Eat pursuing? Has Eat2Eat s strategy evolved since it was originally conceived?   Strategies adopted by organizations all over the world have been generally categorized into five generic strategies. These include best cost provider strategy, focused low-cost strategy, focused differentiation strategy, broad differentiation strategy and low-cost provider strategy (Thompson, Strickland, Gamble and Jain, 138).  

Philosophy- The Problem of Evil Essay Example | Topics and Well Written Essays - 1000 words

Philosophy- The Problem of Evil - Essay Example Evil can be defined as anything which is morally wrong, inhuman, or brings destruction to life and liberty. The idea of evil can be applied to thoughts, actions, persons or even objects. There is an accepted relationship between good and evil that one can not exist without the other and often both are objective viewpoints and faces of the same coin. At the surface, it is a simple concept which even children will understand that evil is representative of actions and deeds which hurt other people but in theological terms it is often seen a problem that requires explanations (Surin, 2004). I believe in the position forwarded by Nash (1994), who suggests that being certain of God’s existence is not central to the understanding of why evil exists or prevails. In the fourth chapter of his book, he outlines the idea of freewill and how the existence of human beings gives them the power to perform their actions as they choose. While God allows evil to occur, God does not condone it and the concept of justice is as attached to the idea of evil as the theme of reward is connected with the idea of moral behavior. Rene Descartes was a famous French philosopher who took a different approach to define the problem of evil. He has been called the father of modern philosophy because of his thoughts on reason and the existence of the self. His primal work on the concept of evil is considered to be Meditations on First Philosophy which is fundamentally a search for the truth. In Meditations, Descartes seeks out facts which a person can arrive at without any doubt. Like a skeptic, he considers everything and doubts everything which can be doubted even his own senses as if he is being fooled by a dream created by a supremely powerful evil entity. While dreaming is not explored in his works, the concept of an evil entity is examined in some detail. He considers deception to be the embodiment of evil because evil functioning as