Business Commons^™

The Business Case For Industrial Safety: Revealing The Comprehensive Value Of Ergonomic Investments For Manufacturing Enterprises In Industry 4.0, Shane Stan

Honors Theses

How can today’s manufacturing enterprises construct, implement, and optimize modern safety initiatives in a manner that will present maximum return on investment and facilitate enterprise growth? Furthermore, how can these manufacturers assure individual ergonomic investments become part of a larger strategy to facilitate organizational change in safety? This work addresses these questions by placing industrial ergonomics in a business improvement context which comprehensively presents the financial returns and growth opportunities poised by modern safety initiatives. Additionally, to further strengthen the business case for industrial safety, an ergonomic action planning framework is established to guide the creation of holistic safety programs …

Strategic Audit Of Spotify, Lauren Maciejewski

Honors Theses

Spotify is a music streaming platform that originated in Sweden. Since inception, it has found immense success in the music streaming industry. It has the largest market share compared to other major competitors, Apple and Amazon. In 2018, Spotify was able to turn a profit for the first time. Royalties on music content has prevented the company from reducing their cost of goods sold. In order to make a sustainable business model, Spotify has to adjust their business model to attract consumers to more profitable products.

A Strategic Audit Of Runza Restaurants, Chase Caverzagie

Honors Theses

Runza is a well-known, Nebraskan restaurant. As Runza begins to expand, and a new generation of buyers approaches, it is important for Runza to examine the horizon and think critically about their future strategy. Runza will need to decide what their next steps will be to maintain a competitive advantage, and be successful for many more years to come. This strategic audit will look at the company’s background, business model, the internal and external environment, and company strengths and weaknesses. Then, several strategy alternatives are proposed, with the selection and implementation plan of the best strategic alternative.

Strategic Audit Of Adidas, Mason Wright

Honors Theses

Adidas is a well-established brand in the world of sportswear and lifestyle clothing. In recent years, the company has been regaining success after a period of stagnation. Spurring this success is the renewed popularity of old classic shoe models and a surge in the lifestyle clothing trend. While adidas is doing well, it is not the top sportswear company in the world and is far behind in North America. In an attempt to boost the recent success even further, this thesis analyzes the current situation that adidas faces including its strengths, weaknesses, opportunities, and threats. With this information as a …

Strategic Audit Of The National Football League, Jordan T. Hansen

Honors Theses

The National Football League (NFL) is the most popular American Football league in the world. The league was formed in 1920, and has managed to survive new entrants to the marketplace, and unstable political situations, to maintain its status as the most watched, and most popular professional sports league in the United States. With revenues each year in excess of $13 billion, and projected stimates of $25 billion in yearly revenue by 2027, the NFL is thriving financially. However, one could argue that the NFL is presented with issues today that it has never faced before, and may be forced …

A Strategic Audit Of Nintendo Co., Ltd., Emily Wagner

Honors Theses

The astounding success of the Nintendo Switch since its launch in March 2017 has brought Nintendo back into the spotlight of the gaming industry. However, what strategies led to the Switch’s success, enabling Nintendo to come back from the complete and utter failure of the Wii U? Also, what does Nintendo need to do to maintain its success over the lifetime of the Switch and beyond? This paper offers a strategic analysis of Nintendo, examining the company’s history, recent products, competitive advantages, and reasons for the success of the Switch. It also provides an analysis of Nintendo’s internal and external …

Strategic Audit: Target Corporation, Andee Capell

Honors Theses

Target Corporation is a notable publicly traded discount retailer in the United States. In recent years they have gone through significant changes including a new CEO Brian Cornell and the closing of their Canadian stores. With change comes a new strategy, which includes growing stores in the United States. In order to be able to continue to grow Target should consider multiple strategic options. Using internal and external analysis, while examining Target’s profitability ratios recommendations were made to proceed with their growth both in profit and capacity. After recommendations are made implementation and contingency plans can be made.

Microsoft: A Strategic Audit, Jacob Paul Warner

Honors Theses

This thesis is submitted in partial fulfillment of the University Honors Program Requirements. It discusses Microsoft Corporation and its placement within the tech industry using different analyses such as PEST, Porter’s, and SWOT. In addition to its placement, the thesis explores what strategies Microsoft could pursue next. The industry is highly competitive, so Microsoft needs to stay on its toes and continue to build upon its strengths to remain at its current competitive level. The cloud industry is rapidly growing, so it would be best if Microsoft used its global presence and existing infrastructure to build upon its existing cloud …

A Strategic Audit Of Tesla, John J. Stobbe Jr.

Honors Theses

This paper examines in depth one of the most innovative companies in recent years: Tesla. Redefining what it means to be an electric car, Tesla has produced impressive cars year after year. However, they’ve run into tremendous production issues and have still yet to make any significant profits. This strategic audit analyzes Tesla’s current place in the market and considers many perspectives to come to a proposed recommendation. This recommendation is to secure its market share and resolve production issues. This could be accomplished through sticking to only a few Tesla car models, then iterating year after year, and then …

Strategic Audit Of Mls, Jacob Reed Miller

Honors Theses

Major League Soccer (MLS) is the highest caliber soccer league in the United States. The league, formed in 1995, has grown from just ten teams to twenty-four, with more on the way. The league has rebounded from a period of losses in the early 2000s and has established new fan bases through the usage of the designated player rule. This paper analyzes the current situation of MLS, as of the spring of 2019, and proposes a strategic recommendation. The current situation of MLS is evaluated using SWOT and PEST tools, and the strategic recommendation is created based on MLS’s competitive …

Intuit, Inc. Strategic Audit, Bethany Wiles

Honors Theses

Intuit has experienced steady, continual growth for an extended time, an unusual feat in software. While it undergoes its leadership transition and the threat of tax simplification, it must consider how it will maintain its legacy of success. Intuit's history and current situation are examined and various strategic alternatives are identified.

Strategic Audit: Starbucks, Madison Clements

Honors Theses

Starbucks Corporation is an international coffee brand that is expanding operations. There are many obstacles to this level of growth, and the company needs to take great care in the differentiating the way stores are built in the United States and internationally. In order to establish brand longevity, the company should examine several strategic options. A final strategy can be chosen based on the results of a situational analysis, financial analysis, and company goals. After a final strategic recommendation has been made, a contingency plan will be created to ensure long-term success.

Strategic Audit Of Allianz Life Insurance Of North America, Jacob Rosebaugh

Honors Theses

This report investigates the history and current situation of Allianz Life Insurance Company of North America, an annuity provider located in Minneapolis, MN. The company faces several challenges going forward, including determining how to best compete with large companies in the same market such as Amazon. This report looks at Allianz Life’s current standing using tools such as SWOT and PEST analyses and examines the company’s competitive analysis. Allianz Life is recommended to continue with their current strategy because while it doesn’t make them the best in the industry, Allianz Life adherence to its vision statement makes up for the …

A Strategic Audit Of Corecivic, Reid Gahan

Honors Theses

CoreCivic is a private prison company headquartered in Nashville, Tennessee. Founded in 1983, CoreCivic exists to “better the public good.” The company believes it can do this through its three branches: CoreCivic Security, CoreCivic Community, and CoreCivic Properties.

CoreCivic Security is the main business segment. It is responsible for directly managing 77 correctional and detention facilities. CoreCivic Community is a small branch that attempts to ease the reentry process for inmates that are released. CoreCivic Properties is a vital part of CoreCivic, as this branch allows the company to operate as an REIT. Properties is responsible for providing real estate …

Strategic Audit Of Kohl's Corporation, Abigail Jarratt

Honors Theses

Since its founding in Brookfield, Wisconsin Kohl’s Corporation has managed to adapt and consistently satisfy customer needs. By focusing on customer experience Kohl’s has become a le leader within the department store industry capturing $19.1 billion in total sales. However, with recent shifts in the retail and department store industry, it is time to take a step back and analyze its strategy given the current state of the economy.

As such, this report will investigate the current state of Kohl’s Corporation and provide future recommendations. Companies within the department store industry must continue grow and adapt to customer needs and …

A Strategic Audit Of Microsoft, Alexander Eitzman

Honors Theses

This paper provides an analysis of Microsoft’s current market placement and performance, based off external and internal factors, as well as tools such as SWOT analysis. The goal of this audit is to provide an understanding of Microsoft’s current positioning and strategy, as well as a look into possible paths going forward. Additionally, alternative strategies are discussed, and a recommendation is made to which Microsoft should pursue to continue its success. The recommendation reached is that Microsoft should focus on keeping numbers of active Windows users up, as well as pursue a subscription-based model for Windows updates and pricing. The …

Cboe Global Markets: Strategic Audit, Lambros Karkazis

Honors Theses

This thesis fulfills the requirement for the strategic audit in MNGT 475H/RAIK 476. It provides in depth analysis of Cboe and its competitors, with particular attention given to comparing net income, market cap, and share price. Informed by this analysis, there is discussion of Cboe’s acquisition of BATS, which appears to have had the best impact on share price of any decision made by an exchange operator in the last 5 years. Finally, this thesis provides a strategy recommendation for Cboe moving forward.

Berkshire Hathaway Inc. Strategic Audit, Jessica Salzar

Honors Theses

Berkshire Hathaway is an extremely successful, well-known company. With Warren Buffett approaching retirement, it is important that the company prepares its stakeholders and is strategically prepared. What must be determined is whether or not Berkshire Hathaway needs to implement a new strategy or continue doing what it is already doing. This strategic audit analyzes Berkshire Hathaway's company history, internal and external environment, competitive advantages, and organizational structure. After the analysis of Berkshire Hathaway, several strategy alternatives are considered, ending with a strategic recommendation, implementation plan, and contingency plan.