In this course, we will be covering several frameworks. To help you gain a better understanding of each, we’ll explore how they work when applied to Imperfect Foods. Below is the company website.
https://www.imperfectfoods.com (Links to an external site.)
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Get Help Now!For this assignment, you will apply both the strategy diamond and 5-forces framework to Imperfect Foods. The goal is to understand the company strategy, and factors that could impact profits.
Strategy diamond – research the company site and do a basic Google search to gather information and complete the diamond. For this exercise, focus on Arenas, Vehicles, Differentiation, and Economic Logic. I am leaving out Staging because this information may not be readily available.
5-forces – while researching the company, consider the factors that may impact profits for the food delivery industry. When applying the five forces, note that you are evaluating the industry, not an individual company.
Questions for the 5-forces framework:
1. From your analysis, what insights can you gather for Imperfect Foods so they can counter the industry forces?
2. How would you use your insights to strengthen Imperfect Foods’ strategy (strategy diamond)?
Feel free to work in groups to collect information, but each student will submit an individual write-up.
For this submission, 3-4 pages, double spaced. Be sure to cite your sources using MLA or footnotes.
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