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1 Part 1 of 41 3 points eBook យ References Graw H Required information Internal Analysis: Looking Inside the Firm of Honda Corp. The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon s ability in optics originates not just in the capability of its design engineers, but also in its precision in manufacturing. When a firm s core competency is at the heart of the product it sells, that product can be considered a core product. In the case of Canon, optics are at the heart of such products as cameras, camcorders, scanners, and projectors. The goal of this activity is look closely at Honda, and differentiate the important relationships between its firm resources, managerial actions, firm capabilities, core competencies, and core products. Read the case below and complete the activities that follow. Since 1959 Honda has been the world s largest motorcycle manufacturer. It is also the world s largest manufacturer of internal combustion engines-the core of many of Honda s products including sport boats, marine engines, off-road power sport vehicles (e.g., ATVs, snow mobiles), an extensive line of power equipment (e.g., lawn mowers, electric generators, snow blowers), and cars. Over time, Honda has maintained as its core ability a dedication to the engineering and ongoing innovation of these small, reliable, and powerful internal combustion engines. While Honda invested much in developing and maintaining this competency, in 1960, its management made an important. decision that later became central to the creativity and productivity of its engineers and designers. The research and development division separated from Honda Motor Company to form the independent company Honda R&D. This management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers < Prev 1 2 3 4 of 5 Next > Part 1 of 4 3 points eBook References Mc Graw Hill Aca Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural anca regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South Ameri Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers ✓(Click to set) Managerial actions Resources Core products Core competencies 1 separate company Capabilities 3. Powenur and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) < Prev 1 2 3 4 of 5 EEE Next > Part 1 of 4 3 points eBook References Mc Graw Hil Honda R&D 10 101 regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South Am Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company ✔(Click to select) Core products Capabilities Core competencies Managerial actions Resources 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) . able small engines 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture. (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) Prev 1 2 3 3 4 of 5 EE Next > Part 1 of 4 3 points eBook References Mc Graw Hill After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) : 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines ✓(Click to select) Managerial acons Core competencies ufacture of small, reliable, and powerful internal combustion engines Capabilities Core products Resources 3:3man engine innovation and engineering (Click to select) # 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) < Prev 1 2 CO 3 outside of Japan in North Amer 4 of 5 Next > Wk 2-Practice: Internal and External Considerations i 1 Part 1 of 4 3 points eBook References Mc Graw POR management decision helped facilitate a unique corporate culture built on excellence in Innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) B 2. Honda R&D is a separate company (Click to select) : 3. Powerful and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines ✓(Click to elect) Managerial actions Resources Core competencies Core products ovation and engineering Capabilities o. Strong R&D Cunture (Click to select) - 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) Saved 8. Scale manufacturing (Click to select 9. R&D centers created worldwide Click to select) < Prev 3 4 WE 2-Pracocet internal and External Conside of 5 Next > He Wk 2-Practice: Internal and External Considerations 1 Part 1 of 4 3 points eBook References M Graw HIR management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering Chick l Capabilities Core competencies ire Managerial actions Core products Resources 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) D Saved 8. Scale manufacturing Click to selecti 9. R&D centers created worldwide (Click to select Prev 1 2 3 4 of 5 Next > Help Sa art 1 of 4 points eBook References Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) # 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select Core products Core competencies ne engines, ATVs, and power equipment Resources Capabilities Managerial actions o. scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) 8 of 4 eBook References Mc Graw Hil After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) ; 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) . 5. Small engine innovation and engineering (Click to select) # 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment ✓(Click to select Resources Managerial actions ring Core competencies Capabilities Core products 9. HOU Centers created worldwide (Click to select) < Prev 1 2 3 4 of 5 Next > Part 1 of 4 3 points eBook References Mc Graw Hil After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) : 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) : 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing ✓(CSck elect) Capabilities Managerial actions ated worldwide Core competencies Resources Core products < Prev 1 2 3 4 of 5 Next > oints eBook References Mc Graw Hill Thean 1. Engineers (Click to select) # 2. Honda R&D is a separate company (Click to select) # 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) : 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide Core competencies Capabilities Resources Managerial actions Core products gory for each of the items listed. < Prev 4 of 5 Next > 1 Part 1 of 41 3 points eBook យ References Graw H Required information Internal Analysis: Looking Inside the Firm of Honda Corp. The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon s ability in optics originates not just in the capability of its design engineers, but also in its precision in manufacturing. When a firm s core competency is at the heart of the product it sells, that product can be considered a core product. In the case of Canon, optics are at the heart of such products as cameras, camcorders, scanners, and projectors. The goal of this activity is look closely at Honda, and differentiate the important relationships between its firm resources, managerial actions, firm capabilities, core competencies, and core products. Read the case below and complete the activities that follow. Since 1959 Honda has been the world s largest motorcycle manufacturer. It is also the world s largest manufacturer of internal combustion engines-the core of many of Honda s products including sport boats, marine engines, off-road power sport vehicles (e.g., ATVs, snow mobiles), an extensive line of power equipment (e.g., lawn mowers, electric generators, snow blowers), and cars. Over time, Honda has maintained as its core ability a dedication to the engineering and ongoing innovation of these small, reliable, and powerful internal combustion engines. While Honda invested much in developing and maintaining this competency, in 1960, its management made an important. decision that later became central to the creativity and productivity of its engineers and designers. The research and development division separated from Honda Motor Company to form the independent company Honda R&D. This management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers < Prev 1 2 3 4 of 5 Next > Part 1 of 4 3 points eBook References Mc Graw Hill Aca Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural anca regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South Ameri Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers ✓(Click to set) Managerial actions Resources Core products Core competencies 1 separate company Capabilities 3. Powenur and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) < Prev 1 2 3 4 of 5 EEE Next > Part 1 of 4 3 points eBook References Mc Graw Hil Honda R&D 10 101 regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South Am Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company ✔(Click to select) Core products Capabilities Core competencies Managerial actions Resources 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) . able small engines 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture. (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) Prev 1 2 3 3 4 of 5 EE Next > Part 1 of 4 3 points eBook References Mc Graw Hill After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) : 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines ✓(Click to select) Managerial acons Core competencies ufacture of small, reliable, and powerful internal combustion engines Capabilities Core products Resources 3:3man engine innovation and engineering (Click to select) # 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) < Prev 1 2 CO 3 outside of Japan in North Amer 4 of 5 Next > Wk 2-Practice: Internal and External Considerations i 1 Part 1 of 4 3 points eBook References Mc Graw POR management decision helped facilitate a unique corporate culture built on excellence in Innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) B 2. Honda R&D is a separate company (Click to select) : 3. Powerful and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines ✓(Click to elect) Managerial actions Resources Core competencies Core products ovation and engineering Capabilities o. Strong R&D Cunture (Click to select) - 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) Saved 8. Scale manufacturing (Click to select 9. R&D centers created worldwide Click to select) < Prev 3 4 WE 2-Pracocet internal and External Conside of 5 Next > He Wk 2-Practice: Internal and External Considerations 1 Part 1 of 4 3 points eBook References M Graw HIR management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering. Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity, as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering Chick l Capabilities Core competencies ire Managerial actions Core products Resources 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) D Saved 8. Scale manufacturing Click to selecti 9. R&D centers created worldwide (Click to select Prev 1 2 3 4 of 5 Next > Help Sa art 1 of 4 points eBook References Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, Europe, Asia, and China. After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) # 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select Core products Core competencies ne engines, ATVs, and power equipment Resources Capabilities Managerial actions o. scale manufacturing (Click to select) 9. R&D centers created worldwide (Click to select) 8 of 4 eBook References Mc Graw Hil After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) ; 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) . 5. Small engine innovation and engineering (Click to select) # 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment ✓(Click to select Resources Managerial actions ring Core competencies Capabilities Core products 9. HOU Centers created worldwide (Click to select) < Prev 1 2 3 4 of 5 Next > Part 1 of 4 3 points eBook References Mc Graw Hil After reading the minicase on Honda, select the correct category for each of the items listed. 1. Engineers (Click to select) : 2. Honda R&D is a separate company (Click to select) 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) : 5. Small engine innovation and engineering (Click to select) 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVs, and power equipment (Click to select) 8. Scale manufacturing ✓(CSck elect) Capabilities Managerial actions ated worldwide Core competencies Resources Core products < Prev 1 2 3 4 of 5 Next > oints eBook References Mc Graw Hill Thean 1. Engineers (Click to select) # 2. Honda R&D is a separate company (Click to select) # 3. Powerful and reliable small engines (Click to select) : 4. Design and manufacture of small, reliable, and powerful internal combustion engines (Click to select) 5. Small engine innovation and engineering (Click to select) : 6. Strong R&D culture (Click to select) 7. Sport boats, marine engines, ATVS, and power equipment (Click to select) 8. Scale manufacturing (Click to select) 9. R&D centers created worldwide Core competencies Capabilities Resources Managerial actions Core products gory for each of the items listed. < Prev 4 of 5 Next >
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Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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