Make sure that you carefully read the attached file, and respond to the following questions:
1. What are the key elements of TOMS shoes competitive strategy? Is the strategy best described as low cost, differentiation, or best cost? Has the company focused on a niche or chosen to pursue the broader footwear market? Explain.
2. In what ways does TOMS exercise its commitment to corporate social responsibility?
3. How does TOMSs dedication to corporate social responsibility contribute to its competitive advantage?
4. What is TOMS Shoes’ situation like? What are its internal strengths and weaknesses? Its external opportunities and threats?
5. What evidence suggests whether the TOMS shoe strategy is working? Does it have a competitive advantage? Is its financial performance improving or declining?
6. What strategic issues should TOMS shoe management and investors be most concerned with? Are there possible improvements to its competitive strategy? Are there internal weaknesses or external threats to its well-being that must be addressed?
Note:
– Note that each question should be answered in a minimum of 200 words.
– Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides and heading; citations and references must follow APA format. Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. You are encouraged to provide a detailed answer.
– Make sure to include two references in your submission.
