Visit the New Balance website: www.newbalance.com (Links to an external site.) and review the companyâ€™s information.
Answer the following questions in an essay format below.
- From your assessment of New Balance, identify and describe in detail at least one of Porter’s generic competitive strategies New Balance has been using. From your evaluation, what are some of your recommendations for New Balance to be more competitive in a global market?
- Assess New Balanceâ€™s opportunities and threats; provide a plan for implementing at least two opportunity strategies and addressing two current threats youâ€™ve identified. Explain how those opportunities and threat strategies will positively affect New Balanceâ€™s business operations.
Your essay should be double-spaced, at least 250 words and adhere to APA guidelines. Ensure you have a cover page, introduction, body, and conclusion for your essay