A Specific and Realistic Solution

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A specific and realistic solution:

In typical situation, there are three options that are developed in by the organization to deal
with the given problem. The options developed entails and includes the maximum factor
that the organization should analyse or achieve, thus offering great value.
While developing The realistic solution, the following factor are taken in account, in order to
develop the best alternative that may resolve the problem effectively.

These factor includes the consideration of the following:


 Cost
 Reliability
 Simplicity
 Compatibility
 Robustness
 Stability
 Different Analysis

Keeping all the above factors in mind, following solution can be considered:

 The Hunger Games Catching Fire Using Digital and Social Media for Brand

Storytelling should enhance the value creating activities within its value chain.

 It should also invest in its stars and cash cows, while getting rid of the dogs

identified from the BCG Matrix analysis.

 To achieve its overall corporate and business level objectives, it should make use of

the marketing mix tools to obtain desired results from its target market.

 It also should focus on making use of its strengths identified from the VRIO analysis

to make the most of the opportunities identified from the PESTEL.

Why will the alternative solution work:


Alternative are the different ways of achieving a same end goal through two or more
different methods. It is not a close substitute of a first define choice or other alternatives or
must provide the solution of the problem in a particular way. For instance, lower price,
special offer, and money back guarantee etc. are all the different ways for achieving the
same objective that increased sales. Alternatives are generally mutually exclusive in a way
that if we combine two or more alternatives together it will eventually create a new
alternative.
The Hunger Games Catching Fire Using Digital And Social Media For Brand Storytelling
technical and economically ways through which the project can be carried out feasibly. It is
encouraged to be consider especially for a projects that are large and complex in nature
Under the evaluation of the pros and cons of the provided realistic solution above are
gauged based on the benefits they offer to the organization and also the strengths the carry
that may help the organization in overcoming the problem.
Under the Cost/benefit, different factors such as cots, competitive edge, market share,
financial feasibility and human resource required are considered to be the major factors of
implementation. In addition to this, the careful and deep consideration is given to the
political, economic, social and so to understand the alignment of right alternative with
maximum value and weightage in resolving the problem.
Moreover, under the particular section, the decision criteria is also developed. The particular
decision criteria incorporates all the factors that the company aims to archives. Such factors
may include sales, profitability competitive edge, market share and other. Once it is done,
each solution is compared against each other and with the decision criteria develop, and are
given different weightage. These weightage are given based on most favourable to least
favourable, and the option with most rating s ultimately selected.
Also, during the evaluation process, the financial feasibility of the organization is also
considered and the drawbacks/weaknesses of the organization. This is important as it
allows the organization in meeting the ultimate goals and addressing the problem
effectively.

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