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- Tony and Noel are two engineers who co-founded a technology company in 2004 based in the Midlands in the UK, Alpha-Z Ltd. Tony is The Chief Executive Officer CEO, and Noel is the Chief Technology Officer CTO. The company originally focused on hardware engineering by fitting high quality screens and projectors for tradeshows and events. Alpha-Z in its early days had 90% of employees from hardware engineering background. In 2010 the cofounders appointed a strategy director Ben, who comes with streategy and management consulting background, as well as the appointment of Sarah as HR and career development manager, as the company wanted to grow further and move toward service provider and solutions with higher value creation than buying off-the-shelf ready-made products and reselling them. Now the company operates globally with offices and facilities in the Middle East, US, China and across the UK, making video games and implementing theme park attractions globally. In April 2021, Alpha-z…An organization’s strategy: a. Tends to be formed at the same time the mission is developed and objectives are formulated b. Generally forms over a period of time as events unfold c. Remains set in place longer than the mission and objectives d. Is usually conceived at a single time when managers sit down and work out a comprehensive strategic plan for the next 3-5 years1. Roger is telling Mary the first three steps in planning an organization. In the correct order, they are ____. Writing a mission statement, creating a vision statement, and strategic planning Strategic planning, creating a mission statement, and creating a vision statement Strategic planning, operational planning, and preparing a vision statement Tactical planning, operational planning, and writing a mission statement Operational planning, creating a mission statement, and developing a hiring plan.
- (d) Investigate what accounted for the success or failure of each example stated in ‘b’ above and provide superior recommendations that would have helped such companies in those Instances to achieve their objectives.a. Give 3 main strengths of coca cola company with brief explaination and example. b. Give 3 main weaknesses of coca cola company with brief explaination and example. c. Give 3 main opportunities of coca cola company with brief explaination and example. d. Give 3 main threats of coca cola company with brief explaination and example.A master budget: a. includes broad expectations and visionary results b. is an aid to coordinating what needs to be done to implement a plan c. should not be altered after it has been agreed upon d. includes only financial aspects of a plan and excludes nonfinancial aspects
- A well-written vision statement is precise and particular to the firm. True or falseYou are the owner of Orion Project Services Ltd (OPS). Your company has won the bid to execute a multi-million project to implement a new customer relationship management system at Grace Kennedy Company Limited (Grace). Grace has an inadequate customer knowledge database for its group of companies. There is often duplicated and inaccurate customer profile information as a result, it has experienced lost revenue potential and a slight reduction in organizational productivity. Therefore, the implementation of a centralized customer relationship management (CRM) software will help Grace with its issues. If the CRM software project is implemented it will help to keep and maintain customer data, report about project situations, and adapt the input data to develop the business in alignment with Grace’s strategic goals. The scheduling of activities in a project is important. Create a list of seven (7) activities in sequence for the implementation of a Customer Relationship Management…A plan without contraints of relashionships or resources is called?
- You are the owner of ABC Project Management Inc. Your company has won the bid to execute a multi-million project to implement a new customer relationship management system at Grace Kennedy Company Limited (Grace). Grace has an inadequate customer knowledge database for its group of companies. There is often duplicated and inaccurate customer profile information as a result, it has experienced lost revenue potential and a slight reduction in organizational productivity. Therefore, the implementation of a centralized customer relationship management (CRM) software will help Grace with its issues. If the CRM software project is implemented it will help to keep and maintain customer data, report about project situations, and adapt the input data to develop the business in alignment with Grace’s strategic goals. As the project Manager: 1. Outline the steps you would take to implement this project? 2. Do you think Project Management is essential in todays society? Why?You are the owner of ABC Project Management Inc. Your company has won the bid to execute a multi-million project to implement a new customer relationship management system at Grace Kennedy Company Limited (Grace). Grace has an inadequate customer knowledge database for its group of companies. There is often duplicated and inaccurate customer profile information as a result, it has experienced lost revenue potential and a slight reduction in organizational productivity. Therefore, the implementation of a centralized customer relationship management (CRM) software will help Grace with its issues. If the CRM software project is implemented it will help to keep and maintain customer data, report about project situations, and adapt the input data to develop the business in alignment with Grace’s strategic goals. As the project Manager outline the steps you would take to implement this project1. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "One Examiner" is hired? 2. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Two Examiners" are hired? 3. Using the Opportunity-Loss (aka minmax regret) strategy: What is the Maximum Regret if "Three Examiners" are hired? 4. If she uses the Opportunity-Loss (aka minmax regret) strategy, how many new examiners will she decide to hire?