C209 (1)

Is there any relationship between the four functions of management? Explain your answer.

Please use own words   Please use own words Propose a New Mission statement for Krispy Kreme Doughnuts Inc 2015 for the organization based on 9 components of mission statements. Must have Quality of the writing of the proposed mission statement which create a new mission for the organization based on 9 components of mission statement :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6)philosophy; (7) selfconcept; (8) public image; and (9) employees Put the 9 components each in bracket as number with mention the new mission statement with legend and components with explain

How do I respond to this in 100 words?   Strategic management involved the ongoing process of establishing an organization's mission and objectives, considering both its external surroundings and internal strengths and weaknesses; it includes devising and executing strategies, as well as monitoring and adjusting them to guarantee the achievement of desired goals. Strategic management is very important because it provides organizations with a competitive advantage, assists with the allocation of resources, steers direction and focus, helps align and coordinate organizational members and functions toward a common goal, allows for adaptation to change, and drives performance optimization. Porter's Five Forces Model is a framework developed to analyze and evaluate the competitive forces and the attractiveness of the industry through the identification of five key forces that determine the competitive intensity and profitability of an industry. The five forces are the threat of new…

ABC Group is considering entering into a new business. It has two options as mentioned below;i. ABC Cosmetics: with the growth working women in the country, this business can be expected to grab a significant customer base.ii. ABC Fashion: This business is targeted toward business executives (both male and female)who value the importance of smartness and looking good at the workplace.Which of these two business options should ABC choose and why?

The managerial task of developing a strategic vision for a company:  Question 20Answer        B)    entails coming up with a fairly specific answer to 'who are we, what do we do and why are we here?'        D)    involves deciding upon what strategic course a company should pursue in preparing for the future and why this directional path makes good business sense.        C)    is chiefly concerned with addressing what a company needs to do to successfully outcompete rivals in the marketplace.        A)    concerns deciding what approach the company should take to implement and execute its business model.

9.A manager has a clear knowledge of where the company needs to be at the end of the coming year and is in the process of identifying the goals that would lead the company to that desired position. Which stage of the strategic management process is being illustrated? A.Formulation B.Implementation C.Evaluation D.Objectives

Please use own words Propose a New Mission statement for Krispy Kreme Doughnuts Inc 2015 for the organization which must based on 9 components of mission statements. Must have Quality of the writing of the proposed mission statement which create a new mission for the organization based on 9 components of mission statement in long explain with examples :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6)philosophy; (7) selfconcept; (8) public image; and (9) employees Put the 9 components each in bracket as number with mention the new mission statement with legend and components with explaination

Q1. Explain the importance of Management in organizational success. a. Explain the contribution of the Art aspect of Management in organizational success. b.Explain the Science aspect of Management in organizational success. c.Explain the Interpersonal Roles of Management. d.Explain the Information Roles of Management.

Planning

A student wrote Answer.  Level: Strategic Management in Retail Strategic managers are key players in a retail company’s survival and advantage in a highly competitive market. They are in charge of the development of mission and vision statements, objective setting, planning and implementation of strategies, and evaluation and measurement of performance. Strategic planning often occurs annually in order to prepare for the year ahead, which needs to be formalized and authored in writing (Vanderburg, 2004).  Essentially, strategic managers execute the tasks mentioned above by creating specific action plans and steps to reach a specific organizational goal. Strategic planning is an interactive process that allows various departments involved to cross check how each output affects its earlier stages. Moreover, the strategy formation is guided by various stages of strategic thinking. The result of these processes provides information on the environmental diagnosis, competitiveness, guiding…

Written Assignment 3Answer the following questions using the guidelines for writtenassignments at the bottom.1Assume you are a marketing manager for Starbucks. Describe thefollowing at Starbucks: essential benefit, core product, and enhancedproduct. Discuss how Starbucks uses different components of its productto create a customer experience and maintain its brand. Be sure youaddress the tangible and intangible aspects of the Starbucks product. (MO3.3, 3.4 and 3.5 )2In your own words, define and discuss each of the following: PenetrationPricing, Price Skimming, Competitor-based Pricing, and Value Pricing. Inyour discussion provide and explain a scenario where each might beappropriate. Executing a Value Pricing strategy is generally viewed asbeing more difficult than the others. Why? How is effective promotionrelated to successful Value Pricing? (MO 3.6)Guidelines for Written Assignments•••Your answer for each question should be 2-4…

Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps. b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements. c. Compare on contrast the following: i. Vertical integration versus horizontal integrationii. Divestiture versus Diversificationiii. Market development versus Product Development

how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…

Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required: a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps.  b. Choose any organisation of your choice and employ the “SWOT Matrix” to demonstratethe current strategic position of the organization and clearly indicate the strategy optionsavailable to help match that organization’s internal environmental elements against itsexternal environmental elements.  c. Compare and contrast “strategic blunder” and “strategic drift”?

The XYZ's board initiated the strategic plan in 1998 in response to the challenges that were anticipated over the next 10 years. What ensued was a collaborative effort involving the board, management, staff, outside consultants, and external stakeholders. A core team of representatives from all levels of the agency was used to oversee the process. In addition to the core team, a number of other teams were formed to assist with the effort.Conversations between team leaders and team members to achieve goal alignment is sometimes called: * O Stretch goals SMART Smart conversation O Management by Objectives

Which of the following study descriptions aligns with the conceptual model shown here? Select one: a. Charismatic leadership related to net profit margin, but the effect was moderated by environmental uncertainty. The effect was found only in dynamic (high uncertainty) environments. b. Environmental uncertainty mediated the relation between charismatic leadership and net profit margin. c. Environmental uncertainty and charismatic leadership both predicted net profit margin. d. Net profit margin was strongest in firms with high charismatic leadership. In turn, firms with stronger net profits were able to tame environmental uncertainty.

st leadership strategy is a business approach that focuses on achieving a competitive advantage by being the lowestcost producer or provider of a product or service in the market. It involves implementing strategies and tactics that enable acompany to produce goods or deliver services at a lower cost compared to its competitors, while maintaining acceptablelevels of quality.Using relevant examples, demonstrate the utility of this generic strategy.

Task 3 Direction: Answer the following task in your notebook. 1. Differentiate Selling concept and Marketing concept. 2. Differentiate Production concept and Product concept. 3. Give an example of Societal marketing concept in Philippine Business setting and explain why do you consider it as such. Each task is guided by this rubric: 4-5 points Response to the question is well organized and clearly written; there is evidence of planning before writing Does not address the question clearly. Does not address the problem. 2-3 points 0-1 point

1) Which of the following is NOT one of the components of building a capable organization?    a.  Staffing the organization    b.  Building core competencies    c.   Developing core strategies    d.   Matching the organization structure to strategy Select one: a. a b. b c. c d. d   2) In performing the strategic evaluation activities, strategic leaders and managers must take into consideration certain key characteristics to determine an effective strategy evaluation system (David, 2007).  Which of the following is NOT one of the key characteristics?    a.    Accuracy in relation to adequate feedback.    b.    Evolution to re-start.    c.     Timely feedback for decision making.    d.     Meaningful to understand that strategy has a short-term and long-term focus. Select one: a. a b. b c. c d. d

How do I respond in 100 words to this?    Strategic management is a process that is determined by the mission and goals within the organization. Strategic management for an organization consists of their internal and external environment, where strategies are implemented by leadership while analyzing the organization strengths and weaknesses within the scope of their internal and external environment to attain successful goals. As for any organization, there should be a clear understanding of what the organization has to offer and how they aim to deliver on their products and services provided. There should also be a reason behind why the organization exists. If the organization's market orientation makes a sudden change, implementing new strategies will provide a more long term basis. The downfall for many organizations is the lack of fundamental understanding to determine best practices of successful strategies to increase profitability within the organization. The vast majority of…

In performing the strategic evaluation activities, strategic leaders and managers must take into consideration certain key characteristics to determine an effective strategy evaluation system (David, 2007).  Which of the following is NOT one of the key characteristics?    a.    Accuracy in relation to adequate feedback.    b.    Evolution to re-start.    c.     Timely feedback for decision making.    d.     Meaningful to understand that strategy has a short-term and long-term focus. Select one: a. a b. b c. c d. d

Multiple Choice: .refer(s) to the arrangement that ensures strategic goals align downward with more specific short-term goals. A/Operational planning B/Objective efficacy C/Tactical goals D/Cascading goals معدلة 11:13 ص Multiple Choice: After the manager and employee work together to set the employee's objectives, what is the next step of MBO? 1/The manager should express what the organization should become. 2/The manager should compare the employee's results with objectives. 3/The Objectives should be applied to all the employees of that organization. 4/The employee should develop an action plan for meeting the objectives. معدلة 11:15 ص GIF Lul

20 - What is the correct order of strategic decision-making process? i. Evaluate current performance results ii. Scan and assess the internal corporate environment iii. Implement selected strategies iv. Review corporate governance v. Analyze strategic (SWOT) factors vi. Scan and assess the external environment vii. Generate, evaluate and select the best alternative strategy viii. Evaluate implemented strategies a) O 1- || - I – IV - V- VI - VII – VIII b) |- IV - VI - || - V - VII - III - VI c) O II - III - V -1- IV - VII - VIII - VI d) O VI - V- IV -1- || - ||| - VII – VIII

According to the article, "Boards Are Obstructing ESG-at Their Own Peril," all of the following are true except: O Female board members are more likely to say that material ESG issues should be part of business strategy. Board members require detailed scientifc knowledge to be effective stewards of the environment. Many current company board members lack sufficient expertise regarding ESG issues. Many corporate board members are former CEOS who ran companies before ESG issues became prominent.

Strategic Management is a discipline that requires the continuous interrelationship among variousfunctional managers. As a business strategy Management Trainee you are required to answer thefollowing questions by supporting each response to detailed examples.Required: a. In one of the definitions used by Pearce and Robinson, Strategic management wasdescribed as the “art and science of formulating, implementing and evaluating crossfunctional decisions aimed at achieving organizational goals”; Briefly discuss the contextin which strategic management could be described as ‘an art’ and when it also could bedescribed as ‘a science’. b. Describe the strategy formulation process; clearly explaining three major activities thatare undertaken at this stage? c. Distinguish between business level strategies and corporate level strategies; clearlygiving examples under each. d. Differentiate between strategy and tactics

Critical Thinking In recent years, for packaged products the FDA has proposed that companies include the per- centage daily value for added sugar on the nutrition la- bel. The primary reasoning behind this proposal is that it would provide information on added sugars comparable to what consumers have been exposed to for nutrients such as saturated fat and sodium that the FDA advises should be limited in consumption.46 Do you think that this update to include added sugar is necessary? Do you be- lieve that this update will alter how people consume and make consumption decisions on products containing add- ed sugars? Explain the reasoning behind your answers.

Strategic leadership is a fundamental aspect of effective management that involves setting a clear vision, inspiring and motivating employees, and making strategic decisions to steer an organization toward its goals. Strategic leaders possess strong analytical skills, vision, and the ability to think creatively and adaptively in complex and dynamic environments. They prioritize long-term objectives over short-term gains and foster a culture of innovation, collaboration, and continuous improvement. Additionally, strategic leaders are adept at building and empowering high-performing teams, leveraging their diverse skills and perspectives to drive organizational success. By providing direction, guidance, and support, strategic leaders enable their organizations to navigate challenges, capitalize on opportunities, and achieve sustainable growth. How can organizations develop and cultivate strategic leadership capabilities at all levels to foster a culture of innovation and drive long-term…