Are the employees rare. Long-term — licensing and Product Development Westlake needs to continue to implement its strategies, but should also test them before effectively placing them in the business plan.
Comprehensive Summation of Analyses Westlake is currently in a fragile position in the bowling industry.
They have left with fewer choices for not choosing the Westlake Bowling Lanes. Threat of New Entry To compete on the large scale with companies such as Westlake the threat of new entries would be low and at the same time somewhat high. Threat of New Entry To compete on the large scale with companies such as Westlake the threat of new entries would be low and at the same time somewhat high.
This 16 lane, Ten-Pin bowling alley had a steady set of both casual customers who came to Westlake for birthday parties and family bowling, and the more competitive bowlers. Financial aspects of these investments were discussed earlier in the financial analysis, with ratios to support them in Appendix A.
Please place the order on the website to get your own originally done case solution Related Case Solutions: Although, it has adopted more of a reactive strategy rather than a proactive strategy and because of this, it is not valuable.
There is a lot of other activities that attracts the most of the customers to them. The industry is currently faced with price change, due to advancements in technology and economic instability.
Conclusion While there is a fairly high degree of rivalry in the bowling industry Westlake holds a considerably sturdy position because it is the only bowling centre in its location, even though having three other competitors in nearby cities.
The total debt to equity ratio from to were as follows: Threat of New Entrants It is relatively easy for people to enter the industry, as the high costs associated with the business are related to the technology, such as the scoring system and the lanes.
Differentiating its food products would give Westlake a higher potential to increase its profits and reduce the level of debt. Lastly, employees lacked the motivation to have to perform well in enough. This publication may not be digitized, photocopied, or otherwise reproduced, posted, or transmitted, without the permission of Harvard Business School.
Understanding and duplicating its system would be uncomplicated for competitors. This means that they will be more aware of the problems that may arise and could also have solutions to help remedy the situation.
Although, it has adopted more of a reactive strategy rather than a proactive strategy and because of this, it is not valuable. The other activities are less costly than the Westlake Bowling Lanes. This could require time in terms of carefully implementing a business plan as well as it being a costly process, which could hurt existing accounts, but beneficial in the long run.
Currently Westlake has investments which have decreased their liquidity but could increase their growth if they pay off.
They have the competitive advantage of the prime location to compete with the rivals. They will have to be consistent with the development and ensure products are of high quality. They have the competitive advantage of the prime location to compete with the rivals.
Make changes to Current Activities The first alternative Westlake could pick would be to re-evaluate its current activities.
Since many of the top competing companies are similar in size, it also indicates a high level of rivalry in the industry. The bowling industry is slowly growing, making rivalry likely to happen because the only way the company can gain revenue by taking its competitors customers.
Introduce signature foods My second alternative would be to introduce signature foods that could be made by a subcontractor or they could have their own employed cooks. An example of this would be Mr. Individual bowling centres would only be plausible if they were trying to join Westlake, or a company like Westlake in its designated region.
The exit barriers are concentrated, since to sell off this type of a business and equipment for bowling is stagnant and may be difficult, but there is also a chance that the building could be used to produce other types of goods and services.
The persistent fluctuation of the debt ratio and its continuous stay above 1. Westlake has been unable to exploit its systems through quality, branding and innovation. There is a lot of other activities that attracts the most of the customers to them.
This therefore gives them a strong competitive advantage in the industry. It goes to show that money that has been invested has not been put to effective use.
Many of the companies looking for Raleigh to make it home for its operations. The restaurants and trendy bars in the Westlake Bowling Lanes make it attractive for the most of the adults in the Raleigh. Economic Environment The fastest growing Raleigh has several factors affecting their economy.
Hence, the current ratio and quick ratio are the important ratios to measure the market liquidity and ability of a business to meet their liability. Westlake Lanes is a family owned bowling alley in Raleigh, North Carolina committed to revitalizing a tradition of bowling and bringing together the local community.
Goals: Continue to. TO: Shelby Givens, General Manager, Westlake Bowling Lanes FROM: Exemplar #1 SUBJECT: Business Strategy for Westlake Lanes – Analysis and Recommendations DATE: March 10, 1.
photo (cc) Malte Sörensen @ flickr Additional Information Expand? Sell? Liquidate? Expand - How? Westlake Lanes Viable Business? Business Proposition. Shelby Givens, a new MBA, is the general manager of Westlake Lanes, a near-bankrupt bowling alley that her grandfather founded decades earlier.
Givens has been given one year to turn a profit; if the goal is not met Westlake will close. Introduction of TOPIC. Westlake Lanes is far from being one of Raleigh’s and the United States leading marketers of bowling.
Shelby Givens, the new appointed general manager of Westlake, wondered if the company was on the right path. The Westlake Bowling Lanes is situated in a prime location in the city. The location of the Westlake Bowling Lanes in the Downtown area has very crucial importance.
They have the competitive advantage of the prime location to compete with the rivals.Westlake lanes