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Conduct the following for the brand Johnson & Johnson § Describe your process for conducting an informal situational analysis on the organisation you chose. What areas did you consider in your...

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Conduct the following for the brand Johnson & Johnson

§ Describe your process for conducting an informal situational analysis on the organisation you chose. What areas did you consider in your analysis?

§ Based on your situational analysis, describe the business, marketing and branding strategies.

§ Describe the alignment of the business, marketing and branding strategies. Be sure to address the following questions:

o At what points do they intersect and diverge?

o How strategic is this alignment?

o What are the dangers of not aligning these strategies?

Consult the Harvard Referencing Style Guide for proper citation and referencing information.

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Measuring Brand Equity Across Products and Markets David A. Aaker hat is a stronger brand name: Kodak, American Express, Mer­ cedes, Ford or IBM? Why is a brand strong or weak? How do brand strength levels change over time? Why? How do brand W strengths vary by country and markets and why? Such questions are fascinating and also practical. Most businesses, if they measure brand equity at all, restrict their measures to brands in the immediate product class and market of interest. Expanding the perspective to include multi­ ple product classes and markets can have significant practical value in that it can enhance a firms capability to manage a portfolio of brands and markets, bench­ mark against the best, and develop a valid brand equity measurement system. Managing a Portfolio of Brands and Markets—Many organizations offer a number of brands across a variety of markets. If these brands are managed separately and independently or on an ad hoc basis, overall resource allocation among the brands may be less than optimal. For example, if Grand Metropoli­ tan, which owns a host of worldwide brands including J&B, Bailey's, Smirnoff, Pillsbury, Green Giant, Hagen-Dazs, and Burger King, does not treat its brands and their markets as a cohesive portfolio, then strategic decisions made for the benefit of individual brands might in the end hurt the company's overall performance. Good management of a portfolio of brands and markets starts with having common measures of performance. Of course, well-developed and Adapted from Building Strong brands by David A. Aaker Copyright © 1995 by David A. Aaker Reprinted by permission of The Free Press, an imprint of Simon & Schusten Inc. 102 CAUFORNIA MANAGEMENT REVIEW VO L 38. NO . 3 SPRING 1996Measuring Brand Equity Across Products and Markets accepted financial measures such as sales, cost, margins, profit, and ROA usually dominate brand objectives and performance measures. However, these measures tend to...

Answered Same Day Dec 25, 2021

Solution

Robert answered on Dec 25 2021
111 Votes
JOHNSON AND JOHNSON ANALYSIS 1

Johnson and Johnson analysis
Introduction
This report aims to provide an illustration of Johnson and Johnson marketing and
anding
strategies and their orientation towards company objectives and business goals by conducting
a situational analysis that covers the company SWOT and PESTLE analysis.
Main body
The situational analysis covers the customers, competitors, company, collaborators, and
climate that consider the company business objectives, company pestle and SWOT analysis,
customers demographics, distribution channels, suppliers, customers needs and wants,
income level of customers and competitors analysis Boundless (n.d.).
The SWOT analysis
Strength
Company has
oad diversity of products. It does not rely on a sole product line for earning
ulk of revenues (Mueller, 2010). Company has the
and loyal customers and repeat
customers. Company also has strong
ands in the market. Company relies on smart
purchasing such as not purchasing the Guidant after its bidding is too high. It is one of the
most admired companies in the world. Company has been awarded by the United Nations
Humanitarian of the year award in 2011 for playing leading role in healthy mother, and
healthy child initiative. It is regarded as one of the top 100 companies for working mothers.
Company has strong
and presence in print and advertising media. Company has strong
distribution network and the
and is supplied to faraway and remote villages. Company has
JOHNSON AND JOHNSON ANALYSIS 2

250 subsidiary companies and it has operation in over 57 countries and its products sold in
over 175 countries.
Weaknesses
Company has many relatively independent companies. The drugs manufactured by company
have been lost or will lose the patent protection. Another weakness is that many of its
products are commodities. Maintenance of a global
and is problematic for company. There
are operations that are distu
ed by the market fluctuations.
Opportunities
Company has opportunity in the area of development of personalized drugs. Company can
purchase the companies with complementary products. Company can
ing out more portable
products for those people coming from economy class and can increase its rural penetration.
Threats
Excessive promotion of products makes products of company generic. There are many
duplicate and spurious
and names that are similar to the existing
and names. There are
also threats of cheap substitutes and products with low price. Company has faced the pressure
to move to generic drugs. There is intense competition from the A
ott Labs, Boston
Scientific and Medtronics.
PEST analysis.
Political environment
Company operates globally so company needs to take care of the changes in politics on local,
egional, national and international scales. Company must keep track of the political
development in any country that can affect the business operation of company.
JOHNSON AND JOHNSON ANALYSIS 3

Economic environment
Company should understand the economic differences so that it can understand the
challenges. One example is of the European community where the economic crises have
occu
ed.
Social environment
It reveals that company should understand the aging population and public health problems.
There are many health issues rising such as obesity and diabetes to mental disorder, and
cancer and company must take in to account of health problems.
Technology
There are predictive medicines and personalized medicine that involves managing the health
of patient on the basis of personal...
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