3. List and describe Porter's generic strategies and the Miles and Snow typology of strategies.
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Strategic management is the process of planning, organizing, monitoring, analyzing, and controlling all the requirements of an organization that is compulsory to meet its goals and objectives. The changing business environment requires organizations to continuously assess their internal and external factors for making strategies to succeed. This strategic management process helps the businesses to analyze their present situation, figure out strategies, employ them and evaluate the effectiveness of the implemented strategies. The strategic management process consists of five basic strategic elements that can differ in implementation depending on the certainties and uncertainties of the business environment.
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- Xxxxxxxx. Management is the process by which managers create, direct, maintain and operate purposive organisations though systematic, coordinated and cooperative human effort”. Dalton Macfarlandxxxxxxxxx. Questions In about 300 words Elaborate on the functions of a manager which are planning, organising, leading and controlling In about 600 words with reference to an organization of your choice, discuss critically the different roles of a manager to meet the organisation’s goals In about 1000 words If you were a manager, what are the different strategies you may adopt to optimize organizational behaviour in your organization.Direct Line: disruption brings opportunity Among leadership teams, there tends to be two views about change. One: change is risky and means disrupting repetitive processes that leaders have been rewarded for improving over time. And two: change is something that can be delegated, like other implementation-based activities such as project management and risk. Actually, change program are most successful when, as a result of external factors, there’s a shared sense of urgency to deliver tangible change. Following the 2008 financial crisis, RBS Group was ordered to sell its insurance business by European Union regulators, as a condition of RBS receiving £45bn in state aid. RBS’s insurance business, led by Paul Geddes, was tasked with separating its operations from RBS Group into a standalone company, in order to be ready for either a trade sale to a competitor, or listing on the stock market. It’s a testament to Geddes, and the insurance business’s leadership at the time, that they turned…Just solve it dont auto reject and dont need generalized answer ok. LEAD.300.C1 Management and Leadership Wk 7 Discussion Forum: Situational Analysis In preparation for this week's discussion, focus on the Boldflash case, You will also need to do a little bit of Google searching on the flash memory industry. Here is an interesting video by a chess master. http://ed.ted.com/lessons/working-backward-to-solve-problems-maurice-ashley Now, assume you are Roger Cahill (Boldflash case)you are about to give a presentation senior management about the fact that you are losing market share even though they are in a growth market. In your first post, what do you need to say about the situation? TO DO: You need to response to your (4) classmastes post regarding to the questions above: Example (Looking at your analysis, we definitely have some overlaps! In terms of competition if you were Roger Cahill, how would you ensure that Boldfash maintains a competitive edge over it's competitors?)…
- The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…The major issue in the case revolves around McCain's view of her role and its appropriatenessgiven Harrison's strategic goals. You should point out to students that McCain is only indicative of ageneral problem within the company. The company is definitely targeting the middle-class, fashionconscious customer and need sales staff to effectively service the type of customer it wants to attract.To carry out its strategy, Harrison will need selling professionals who can offer personalized customerservice. McCain and other human resource managers are presently operating in a reactive modespending most of their time on maintaining day-to-day human resource operations. For example,McCain has little time for innovation or for developing policies to move the human resource operationforward. She seems to be unaware of the interdependent relationships among the various humanresource functions. Her answer to the recruitment problem seems to be to do more recruiting. Sheneeds to examine how…
- 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,…Each question should require no more than a 1 to 2 paragraph response: 1) Apple's ESG incentive focuses primarily on the bonus. In thinking about the (a) typical size of the bonus relative to total chief executive compensation and (b) taking into account the size of the ESQ "modifier" Apple will use (based on ESG performance), do you consider the incentive to achieve ESG goals to be too small, too large, or just about right? Explain 2) In looking at the ESG incentive at Starbucks, is it about the same, stronger, or weaker than what Apple will use? Explain. Given Starbucks business strategy and its stakeholders, would it make sense for Starbucks to use the same, stronger, or weaker ESG incentives, especially in the diversity and inclusion area, compared to Apple? 3) Do you have any suggestions for either or both companies that might make their ESG incentives more effective?Direction: Read and understand each question. Write True if the statement is correct, while False if the statement is incorrect. __________1. When sales exceed the cost to produce goods its result is called forecasting. __________2. Forecasting is a planning tool that helps the entrepreneur cope with uncertainties in his future operation. __________3. Costs incurred through payment of utilities such as water and electricity are called operating expenses. __________4. Mang Selo is a fruit vendor. Selling fruits is an example of a service concern business. __________5. Loss is a result when cost to produce goods is greater than the sales.
- Please do not give solution in image format thanku PROMPT 1 APA paper EAM needs to balance many things to be successful. What are some of these critical things, and what are some of the biggest challenges in achieving a successful implementation? What would a successful implementation look like for a given organization, and how do you feel organizational mission should factor into that definition of success?This is NOT a writing assignment. and NOT AN ESSAY. Please don't reject my question. You only need 4 FACTS for each. From the following websites below, identify strength, opportunities, threats, weakness of the company Dairy Queen. Use the websites below. I put this under History becuase I didn't knwo which subject it would go. You can use other websites but it must be from 2018-2021. Please don't reject my question and don't make me resubmit it 100 times. I included an example of S.W.O.T analysis. Please don't use a pre-made swot analysis https://www.globalfranchisemagazine.com/news/still-ice-cool-dairy-queen-turns-80 https://www.qsrmagazine.com/franchising/dairy-queen-invests-its-own-growth https://www.mentalfloss.com/article/63783/20-things-you-didnt-know-about-dairy-queen https://www.delish.com/food/a19422310/things-you-should-know-before-eating-dairy-queen-ice-cream/ https://www.eatthis.com/dairy-queen-fun-facts/…Subject: Strategic management MCQ's Which of the following is NOT true of vision statements? a) A vision statement should reveal the type of business the firm engages. b) Vision statements should be written from a customer perspective. c) Vision statements should indicate the expected amounts of profits the firm wants to make. d) A vision statement should describe a desired future state. e) "The vision statement needs to be doable, but challenging."