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- Question 2 The Resource-Based View (RBV) theories of organization present on how best to capture and keep competitive advantage—that is, how best to manage strategically. Please read below Dunkin’ Donut VRIO analysis. Coffee for the "Average American" Valuable: Dunkin' Donuts focuses on products and prices that are appealing to the "Average American". By selling common coffee and breakfast items that are priced affordably, Dunkin' Donuts is able to attract a large market share. Rare: Many coffee companies focus on top-quality products, but this also results in higher prices. Dunkin' Donuts' niche in the market is rare because they are trying to appeal to a lower income demographic that is sometimes ignored in the coffee industry. Inimitable and Non-Substitutable: Any coffee shop could choose to start selling cheaper, more basic products and this transition could also be done relatively quickly. Therefore, this capability could be imitated. Organized to Exploit:…Question no 1: Why do you think the IT Strategy is linked with Business Strategy?QUESTION 5 The resource-based view (RBV) is a managerial framework used to determine the strategic resources a firm can exploit to achieve sustainable competitive advantage. Evaluate on how RBV leads to achieving a sustainable competitive advantage (SCA) and recommend ways to address any shortcomings of the RBV model in achieving SCA.
- Question 3You are a Financial Planning and Control Manager at FreeAir Lid, a leading manufacturer of fans used in air conditioning systems. The company is located in Liverpool, UK In the year ended 31 March 2019, manufacturing cost per unit comprised: The company produced and sold 45,000 fans during the year ended 31 March 2019. The selling price per unit was £300 Fixed overheads for the year ended 31 March 2019 were: Jessica Olusange, Chief Executive, has developed a new strategy for the business. The company has invested in a new manufacturing facility in Leicester, UK this investment means that fixed costs will increase by £1,450,000 from 1 April 2019. However, the move to the new manufacturing facility means that direct labour costs are expected to reduce by £2 per unit, variable manufacturing overheads will reduce by £0.50 per unit and variable administrative expenses will reduce by £2 per unit. Jessica believes that her new strategy will reduce the level of financial risk to…Question 3. a) List 3 each the External Opportunities and Threats, Internal Strengths and Weaknesses on any organization you are familiar with. You are required to identify the industry type and the country where the organization is residing. Type of Industry: Country: External Opportunities External Threats 1. 2. 3. 1. 2. 3. . Internal Strengths Internal Weaknesses 1 2. 3. 1.. 2. 3.question 2: Where an organisation is looking to downsize they would be looking for A.outputs to remain the same and inputs to be reduced B.increase both inputs and outputs C.decrease both inputs and outputs, with inputs decreasing at a faster rate D.outputs to increase with little or no increase in inputs quesiton 3: When the number and cost of abour and equipment is used as inputs to calculate productivity, what is the productivity measurereferred to ? A.Total factor productivity B.Single factor productivity C.Multi-factor productivity D.Productivity QUESTION 4 Employee remuneration which is based solely on output without consideration of time spent) is referred to as A.Output based pay B.Numbers game pay system C.Piece rate wage system D.None of the above
- Question 1 has to do with something NOT being one of the managerial considerations in determining how to compete successfully. 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? 9. Question 9 asks which (from a list), is NOT something a company's strategy is concerned with (So, know what it does pertain to). 10. What is NOT a primary focus of a company's strategy? 11. When does…Q#1: Discuss the goals of business with examples? Q#2: Discuss the role of Corporate Social Responsibility in business with examples? Q#3 Discuss how globalization has made in unavoidable for business to meet stakeholders needs? (Please appropriate examples) Q#4 Discuss E-Commerce has become a game changer in current business situation? Q#5: discuss how learning organizations are responding to the challenges of the globalization?Q2. Discuss different types of Operations Strategies and different types of production strategies with example
- Subject: Logistic Manangement Q#1) What are the defination of Verticle and Horizontal Integration, explain with examples of each?1.1: Definition1.2: ExamplesQ.4. What is shown on RACI Matrix? How is it used by PM?Required: Create a Competitive Analysis for Hersheys Company Noted: details in the photo attached