Robin Hood: Business View Case Study

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Updated: Nov 29th, 2023

Overview

The situation concerns Robin Hood and his band which has increased since the previous year. The actions take place in the head of Robin Hood who walks in the Sherwood Forest and thinks about the situation which has appeared since the beginning of his insurrection.

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The possible outcomes of the murder of the High Sheriff of Nottingham and the reasons for the fear of Prince John are used as the basis for the creation of the further strategy and action.

What is going on?

The situation is as follows. Prince John has taken the throne and imprisoned King Richard. Prince John is extremely unpopular among people as his taxes are too high for simple people who are unable to feed their families.

The economic situation in the country is unstable, as along with social crisis the economics in the country is at the low level.

People do not have an opportunity to sell their products by the price they have set and at the same time they are unable to produce more products for sale as they short of ;products themselves. Robin Hood is trying to improve the situation by means of robbing rich and giving to poor.

SWOT analysis

Strengths

The main strength of the situation is that Robin Hood is trying to reduce the taxes by means of balancing the financial situation in the society. The absence of the similar groups makes him the leader in the movement.

Additionally, taking food and money from rich people Robin Hood supports those and give them an opportunity to present more products at the market that strengthen the economics of the country. The level of life of some people increases and the hopes for better future make those encouraged for better work on the land.

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Weaknesses

The illegal actions and unstable income are the main weaknesses of the affair. Acting illegally, Robin Hood cannot guarantee that the stable income for poor people as well as he does not regulate the taxation in general.

Rich people do not get higher taxes and the poor are not offered the lower ones which does not make the situation balanced, but offers the limited support in the form of financial or product delivery.

One more weakness is that personal desire to kill High Sheriff of Nottingham may increase the chances of being captured by the police but may not impact the financial situation in the society.

Opportunities

Robin Hood has an opportunity to create a sort of the financial support for those who want to improve their financial situation. The support should be based on the basis of the banking system with the smallest or even without the interest rate.

This may help the agriculture and other professions where simple people are involved to get the start-up capital and make sure that the further development of the idea is going to be supported.

Additionally, people get the money which is not taxed as the government is unaware of their existence.

Threats

The threat of being captured and as a result the whole system and those who used that money may be convinced. Additionally, the system is illegal and unstable.

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People cannot rely on the structure as having money today Robin Hood may have unsuccessful affairs in the future. The absence of the guarantees that people will be able to return money.

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IvyPanda. (2023, November 29). Robin Hood: Business View. https://ivypanda.com/essays/robin-hood-business-view/

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"Robin Hood: Business View." IvyPanda, 29 Nov. 2023, ivypanda.com/essays/robin-hood-business-view/.

References

IvyPanda. (2023) 'Robin Hood: Business View'. 29 November.

References

IvyPanda. 2023. "Robin Hood: Business View." November 29, 2023. https://ivypanda.com/essays/robin-hood-business-view/.

1. IvyPanda. "Robin Hood: Business View." November 29, 2023. https://ivypanda.com/essays/robin-hood-business-view/.


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IvyPanda. "Robin Hood: Business View." November 29, 2023. https://ivypanda.com/essays/robin-hood-business-view/.

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