2.1 With the aid of a diagram, explain each of the five forces model and how effective it is in the strategic management environment? (15) 2.2 Discuss the common barriers to entry of a firm into the new market?
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2.1 With the aid of a diagram, explain each of the five forces model and how effective it is in the strategic management environment? (15)
2.2 Discuss the common barriers to entry of a firm into the new market?
Step by step
Solved in 5 steps
- Between 450-500 words, discuss how: In managing a restaurant OR a tertiary educational university, what are some decisions that must be made in the areas of (a) Strategic planning (b) Managerial control. (c) Operational control In your discussion summary, include the following also to address this question: Identify the Levels of Information Systems (I.S) Using IS for competitive and strategic advantage3. What are examples of organizations that have equipped to comply with regulatory requirements in controlling their strategic plans?A. UAP specifies how employees are allowed to use company resources, such as hardware, software and network services. True False B. An MSA is a contract between two parties laying out general agreement of their developing relationship, and designed to make future, more specific agreements easier to negotiate. Ture False C. Business continuity focuses on wider consequences to organizational logistics, personnel and business operations. True False
- Consider both Ford's internal and external environments. The external environment presents Ford with possibilities and threats, while the internal environment reveals both the company's strengths and areas for improvement. Your analysis of Ford's internal environment should focus on the interplay between at least three functional areas/value chain activities (such as operations, marketing, and finance).Create a spreadsheet for the following: Assuming monetary benefits of an information system at $85,000 per year, one-time costs of $75,000, recurring costs of $35,000 per year, a discount rate of 12 percent, and a five-year time horizon, calculate the net present value of these costs and benefits of an information system. Also calculate the overall return on investment of the project and then present a break-even analysis. At what point does break-even occur? Be sure to show the Yearly NPV Cash Flow and Overall NPV Cash Flow and a Break-Even AnalysisCreate a spreadsheet for the following: Assuming monetary benefits of an information system at $85,000 per year, one-time costs of $75,000, recurring costs of $35,000 per year, a discount rate of 12 percent, and a five-year time horizon, calculate the net present value of these costs and benefits of an information system. Also calculate the overall return on investment of the project and then present a break-even analysis. At what point does break-even occur?
- For each of the following business situations, identify and justify the most suitable Management Information System subtype that could be implemented: (i) A shoes producing company wants to make different decisions regarding the production process whenever these are required. Specifically, they want to be able to effectively answer questions such as “If one of the production process machines breaks down, what is the effect on the company’s ability to satisfy customer demand for our products?” and “If we add an additional shift to our daily work schedule on one of our production process machines, what impact would this have on our throughput per day?”. (ii) A company wants to provide expert help to its technicians when diagnosing and repairing faults in complex electronic control systems, without having to commission and wait for the human expert to attend each time.Gregoire Grant is a traditional manufacturing manager who is concerned only with managing costs over the manufacturing cycle of the product. He argues that since traditional accounting methods are focused on this cycle, he should not bother with the RD&E cycle because it is separate from his area of manufacturing. Required: What types of structural and functional changes in organizations may be necessary to help Gregoire overcome his traditional view?Explain the strategic management requirement of IS/IT. Explain why the federal model of organizing for IS/IT may not be always suitable. Provide an example of an alternative approach.
- A description of how Moore's Law influences an organization's ability to manage IS and what an organization can do to prepare for the inevitability of change.What are some differences between working for a company where technology is considered a strategic asset versus one where technology is considered a commodity? In what ways can an intentional, consistent maturity effort help an organization to improve? How do metrics improve the position of IT within an organization, and what metrics are most valuable to show the overall value of IT?1.The _____, named after a nineteenth-century economist, is a widely used tool for visualizing issues that need attention and is drawn as a vertical bar graph. a. Scatter chart b. Pareto chart c. Gantt chart d. XY chart 2. In a systems development life cycle (SDLC) model, the purpose of the _____ is to build a logical model of the new system. a. systems support and security phase b. systems design phase c. systems analysis phase d. systems implementation phase 3. _____ planning is the process of identifying long-term organizational goals, strategies, and resources. a. Prospect b. Pilot c. Strategic d. Vertical
