Strategic Management- Homework 4 (Raymond Rolle)
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Name: Raymond Rolle
Course: Strategic Management & Policy (BUS-4795-01)
Professor: Dr. Thrash
Title: Homework 4
Date: February 6
th
, 2023
Due Date: February 11
th
, 2023
2
Question
1.In what ways can having a celebrity CEO and a strong entrepreneurial orientation help or harm
an organization?
Answer:
Having a celebrity CEO and a strong entrepreneurial orientation can bring many benefits to an organization, such as increased visibility, brand recognition, and a sense of excitement and innovation. However, it can also lead to harm if the celebrity CEO is not able to effectively manage the organization or if the entrepreneurial orientation leads to a lack of structure or stability. A celebrity CEO is someone who is already famous or well-known in society, often due
to their success in another field such as entertainment or sports. Having a celebrity. People are more likely to recognize and trust a brand if it is associated with a celebrity, and this can lead to increased sales and profits. Additionally, a celebrity CEO can bring a sense of glamour and prestige to the organization, which can attract top talent and investors.
2. Explain each of the dimensions of the balanced scorecard framework.
Answer:
The dimensions of the balanced scorecard framework are financial, customer, internal business processes, and learning and growth. The balanced scorecard framework is a method for measuring and managing performance that is used by organizations to monitor their progress toward strategic objectives. It is based on the idea that organizations should focus on more than just financial performance, but also on customer satisfaction, employee satisfaction, and other intangible factors that can lead to long-term success. The financial dimension of the balanced scorecard focuses on financial performance, such as revenue, profits, and cash flow. This
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Related Questions
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interviewed everyone in the class, along with your instructor and you have decided to hire them. Prepare an
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structure does this reflect and why is this a
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a)
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b)
Collusion
c)
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d)
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Chapter 3 Discussion: Home Depot – Making a New Culture
33 unread replies.44 replies.
The below scenario presents a management situation for you and your classmates to consider, specifically, what is involved in changing an organization’s culture from one that focused on maximizing revenues to one that is focused on delivering excellent customer service?
Home Depot – Making a New Culture
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They can show the apartment to future tenants anytime that is convenient to
O A.
the landlord.
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Subject; Leadership
(Need more detail)
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Quiz Tools
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An analyst built the following spreadsheet, complete with named ranges (for example, cell B2 is named "Unit_Price" based on the
heading in cell A2).
Collapse
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2
Unit Price
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Unit Cost
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4
Unit Gross Profit
Unit Price- Unit Cost
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Quantity Sold
7,300
Gross Revenue
Variable Costs
Fixed Costs
11 Net Profit
Profit per Unit
= Quantity Sold x Unit Price
Quantity Sold x Unit Cost
2,500
- Gross Revenue - Variable Costs
= Net Profit/Quantity Sold
10
Fixed Costs
12
After entering the data shown below in cells B2, B3, B6, and B10, what values should appear in the following cells? (Round your "Unit
Gross Profit and Profit per Unit" answers to 2 decimal places.)
Cell
Value
B4 (Unit_Gross_Profit)
B8 (Gross_Revenue)
B9 (Variable_Costs)
B11 (Net_Profit)
B12 (Profit_per_Unit)
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Question 2
Part A., B, C ALL SOLUTION WORK U
Text typing work only thanks
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Read the case below carefully and answer the following questions.
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massive investment in upgrading all of its management information systems. This included systems capable
of collecting, storing, and analyzing data from every store, product, and sales representative in the market.
In fact, your competitor now…
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True
False
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None
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MINICASE
The McGee Cake Company
In early 2013, Doc and Lyn McGee formed the MaBee Ceke
Company. The company produced a full line of cakes, and
its specialties included chess cake, lemon pound cake, and
double-iced, double-chocolate cake. The couple formed the
company as an outside interest, and both continued to work
at their current jobs. Doc did all the baking, and Lyn handled
the marketing and distribution. With good product quality and
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the assets it owns, but demand for its cakes is still growing.
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A)
the controlling issues the project experienced were commonly experienced by other project leaders in this industry
B)
suppliers of components for the project had to produce at maximum capacity which turned out to be impossible
C)
even if planning had been effective, the project would have failed due to management style
D)
there was a failure to monitor production output
E)
two employees who were assigned to the project couldn't stand each other
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Full explain this question and text typing work only thanks
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Assignment 3
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2. A company's strategy concerns (what does it consist of?).
3. The action plan is implemented by management (for what purpose?).
4. The competitive moves and business approaches a company's management is using to grow the
business, stake out a market position, attract and please customers, compete successfully,
conduct operations, and achieve organizational objectives. It is known as what?
5. The objectives of a well-crafted strategy require management to (do what?).
6. To improve performance, there are many different avenues for outcompeting rivals such as: (know
how to compete against rivals).
7. A company's strategy defined as?
8. Every strategy needs what?
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QUESTION 13
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Board member.
Paid employee.
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Consultant.
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Organizations, and Strategy -
Laudon and Laudon Chapter 3
a. List and describe four competitive strategies
enabled by information systems that firms can
pursue
b. Describe how information systems can support
each of these competitive strategies and give
examples.
Question 3 – Ethical and Social Issues in
Information Systems -
Laudon and Laudon Chapter 4
a. List and describe the five steps in an ethical
analysis.
b. Identify and describe six ethical principles.
c. Explain how the Internet challenges the
protection of individual privacy and intellectual
property.
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Overview:
Making friends: The “making friends” market segment sees fitness centers as an opportunity to mix with people with similar goals and lifestyles and to make new friends.
Losing it: The next market segment is “losing it”, which refers to the goal of losing weight.
Taking shape: The “taking shape” market segment consists of consumers who are primarily interested in improving the look of their body.
Peak performers: Consumers in the “peak performers” segment are highly disciplined and self-motivated individuals when it comes to their health and fitness. They are highly focused upon achieving their personal best.
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Sports…
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