New Semester
Started
Get
50% OFF
Study Help!
--h --m --s
Claim Now
Question Answers
Textbooks
Find textbooks, questions and answers
Oops, something went wrong!
Change your search query and then try again
S
Books
FREE
Study Help
Expert Questions
Accounting
General Management
Mathematics
Finance
Organizational Behaviour
Law
Physics
Operating System
Management Leadership
Sociology
Programming
Marketing
Database
Computer Network
Economics
Textbooks Solutions
Accounting
Managerial Accounting
Management Leadership
Cost Accounting
Statistics
Business Law
Corporate Finance
Finance
Economics
Auditing
Tutors
Online Tutors
Find a Tutor
Hire a Tutor
Become a Tutor
AI Tutor
AI Study Planner
NEW
Sell Books
Search
Search
Sign In
Register
study help
business
strategic management concepts and cases
Modern Management Concepts And Skills 12th Edition Samuel C. Certo , S. Trevis Certo - Solutions
2. Give three factors in Samsung’s internal environment that management should be assessing in determining the company’s organizational direction. Why are these factors important?
1. For Samsung’s management, is adding a solar and wind power unit a strategic management issue? Explain.
1. Do the special advantages of having a restaurant on a truck outweigh the disadvantages for the owners of Nom Nom?Explain.
3. How does owner David Stankunas feel about planning a business? What advice does he give for would-be entrepreneurs?
2. What was the strategy of Stankunas and the other owners of Nom Nom when they began the venture? How has this strategy changed or evolved?
Now suppose you have just started working at an organization. How might SWOT analysis help you better understand your position and role in the organization?
Suppose you are interviewing for a position in an organization. How might SWOT analysis help you prepare for an interview?
SWOT analysis represents an important tool for your strategic planning skill. Using SWOT analysis, top executives can better understand the strengths and weaknesses of their organization as well as the opportunities and threats in the external environment.
4. Which of the four strategy implementation skills do you think will be most important for the company as it moves forward?Why?
3. Review Porter’s generic strategies. Which one of these strategies would you recommend for the Washington Post Company?Explain.
2. Based on this analysis, develop a mission statement for the company. Also develop three objectives that will help the company fulfill its mission.
1. Perform an environmental analysis for the Washington Post Company. Which segment of the environment is causing the company’s problem(s)?
6. From your local newspaper or a national publication like BusinessWeek orWall Street Journal, choose a company featured in the news. Then, analyze the company’s actions. In your opinion, how did competitive dynamics play a role in the company’s recent behavior?
5. Describe Porter’s Five Forces model. Why do organizations use Porter’s Five Forces?
4. Describe Porter’s generic business strategies and provide an example of each strategy.
3. Describe how an organization might use the BCG Growth-Share Matrix to evaluate its different strategic business units. Now, explain how an organization might use the GE Multifactor Portfolio Matrix to evaluate its strategic business units.
2. Compare and contrast the different strategy formulation tools. In your opinion, which tool is best suited for large organizations?Explain.
1. Describe the five steps involved with the strategic management process. In your opinion, which step is most important?
4. Because strategic planning focuses on the long term and tactical planning on the short term, strategic plans cover a relatively long period of time whereas tactical plans cover a relatively short period of time.
3. Because strategic plans are based primarily on a prediction of the future and tactical plans on known circumstances that exist within the organization, strategic plans are generally less detailed than tactical plans.
2. Because strategic planning emphasizes analyzing the future and tactical planning emphasizes analyzing the everyday functioning of the organization, facts on which to base strategic plans are usually more difficult to gather than are facts on which to base tactical plans.
1. Because upper-level managers generally have a better understanding of the organization as a whole than lower-level managers do, and because lower-level managers generally have a better understanding of the day-to-day organizational operations than upper-level managers do, strategic plans are
3. Business portfolio analysis
2. SWOT analysis
1. Critical question analysis
Do you think that this percentage will remain constant across different countries?
According to their findings, what percentage of firm profitability is explained by industry membership? Explain how you arrived at your answer.
Porter’s Model of Factors that determine competitiveness within an industry
Its manufacturer will try to answer that question in planning its export strategy
Consumer tastes and preferences are among the factors that firms consider in their environmental analysis. For instance, will this fragrance from Singapore appeal to Western customers?
7. An awareness of how competitive dynamics can influence an organization’s financial performance
6. Insights into what tactical planning is and how strategic and tactical planning should be coordinated
5. An understanding of how to use business portfolio analysis and industry analysis to formulate strategy
4. Insights into how to use critical question analysis and SWOT analysis to formulate strategy
3. A knowledge of the impact of environmental analysis on strategy formulation
2. An understanding of the strategic management process
1. Definitions of both strategic planning and strategy
3. Which stakeholders might be affected by HSBC’s plan to invest $50 million in environmental conservation? Should the company continue this plan, regardless of short-term financial performance?
2. Would you recommend that HSBC use the MBO process to reward investment bankers and analysts according to results, even though key factors influencing performance can’t be precisely predicted or controlled? Explain.
1. What are the arguments for and against HSBC managers making public their short-term and intermediate-term objectives, unit by unit or division by division?
3. List three criteria that you would use to evaluate the planning for the new QBP warehouse. Explain why you chose each criterion.
2. Would you have the QBP president or an appointed planning executive do the planning for the new warehouse? Why?
1. What special challenges would QBP face in expanding its business by building a warehouse in Ogden, Utah? What steps would you take to meet these challenges?
3. At the end of the video, CEO Chris Klaus says that Kaneva employees can spend 20 percent of their time on projects outside of the scope of the “roadmap.” What does this mean? Do you approve or disapprove?
2. How does management by objectives impact Kaneva’s planning process? Describe why Kaneva’s daily meeting is a stand-up meeting.
1. Why would a company ever give any of its product away for free?
6. As you think about this alternative, list the significant steps needed to implement this alternative.
5. Based on these premises, choose the alternative that is most likely to reach the objective.
4. Develop premises to evaluate each of these three alternatives.
3. Choose one of the three objectives to explore in more detail. List three alternative ways to reach this objective.
2. Develop three organizational objectives for your new restaurant.
1. Briefly describe the most important characteristics of your new concept for Darden.
5. Describe the concept of a hierarchy of objectives. Why is developing such a hierarchy important for managers?
4. Describe the relationship between planning and the other general functions of management (organizing, controlling, and influencing). In your opinion, which of the four functions is most important?
3. Explain the characteristics of effective objectives. Relying on these characteristics, provide an example of an effective objective for a not-for-profit organization of your choice.
2. Describe the various stages involved in the planning process.Use an example to illustrate these stages.
1. Summarize the primary advantages and disadvantages regarding planning. In your opinion, what is the most prominent advantage of planning? What is the largest disadvantage of planning?
4. Is the organization continuing in an appropriate direction?
3. Should something be done to change this direction?
2. In what direction is the organization going now?
1. In what direction should the organization be going?
5. Develop favorable image with public
4. Provide continuity of employment for company, personnel—no involuntary layoffs
3. Maintain growth of assets and sales—double each decade
2. Provide service to consumers—provide reliable products
1. Represent stockholders’ interests—net profits of 10%or more
4. Discussing management by objectives, an approach to management based mainly on organizational objectives
3. Illustrating how managers work with organizational objectives
2. Pinpointing areas in which organizational objectives should be established
1. Defining organizational objectives
6. Put the plans into action
5. Develop plans to pursue chosen alternative
4. Choose best alternative for reaching objectives
3. Develop premises upon which each alternative is based
2. List alternative ways of reaching objectives
1. State organizational objectives
Assuming that you are correct, what guidance can this research give you about developing your planning skill?
Do you think the study’s results suggest that quality of the plan helped in understanding team performance? Why?
4. Primacy of planning
3. Advantages and potential disadvantages of planning
2. Purposes of planning
1. Definition of planning
7. An understanding of the qualifications and duties of planners and how planners can be evaluated
6. A knowledge of how the chief executive relates to the planning process
5. An appreciation for the potential of a management-by-objectives(MBO) program
4. A knowledge of the areas in which managers should set organizational objectives
3. An understanding of the relationship between planning and organizational objectives
2. Insights into how the major steps of the planning process are related
1. A definition of planning and an understanding of the purposes of planning
3. What are the pros and cons of growing a multinational business through acquisitions?
2. If Martin Franklin asked your advice on how to assist in adjusting employees of Mapa Spontex to Jarden’s organizational culture, what would you suggest?
1. As Jarden continues to expand globally, what challenges do you envision for the company in maintaining quality control over the products produced?
3. Evaluate the following statement: Wal-Mart can learn to manage its U.S. operations better by studying how successful competitive operations are managed in other countries.
2. Assuming that you are involved in managing a Wal-Mart store in Japan, what challenges do you think will be the most difficult for you in improving Japanese store success? Why?
1. Do you think that at some point in your career you will become involved in international management? Explain.
3. Discuss three managerial challenges of linking more than 100,000 employees in 150 countries. How would you meet each challenge?
2. How does KPMG’s Global Mobility program help in the organization of their corporation?
1. Is KPMG an international or multinational corporation?What are some of the complexities associated with managing this type of organization?
3. Would it be easy for you to make such changes? Why?
2. Would the way you manage in China change based on your new understanding of the Chinese culture?How?
Showing 1700 - 1800
of 2491
First
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Step by Step Answers
Get 50% OFF
Claim Now
