Read “Lola’s Market” case study and Chapter 1 and in 1-2 paragraphs answer the following:
● What are Lola’s Market’s vision, mission, and goals? How do these compare with the examples provided in Chapter 1 of the textbook?
● How well is David Ortega’s business performing relative to the rest of the supermarket industry? How do you know?
● What does a your analysis indicate about the efficacy of Ortega’s vision, mission, and goals for this company? Should these be revisited and revised? How do you know?
● Do Lola’s financial health and ability to reach its target markets indicate an effective strategy? What would make this strategy more effective?
Answer the following in 1-2 paragraphs:
● Which strategic options is David considering for his growing company? Which of these options would you recommend to him? Are there other options not listed in the case that he might consider? What are those other options?
● What do you consider to be the most important tradeoffs between maintaining a culture of tradition vs. promoting a culture of innovation at Lola’s Markets? Will David Ortega’s leadership style need to change in order to facilitate any changes to Lola’s Markets’ mission and vision?
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