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- What problems can you foresee arising in the following situations?a. Top management is interested in reengineering to cut costs, but the employeesare skeptical.b. Line workers would like to see a reengineering effort undertaken to give themmore say-so in what goes on, but management is uninterestedThe benefit of understanding the external forces of business refers to which statement? a. It helps the managers to maximize operations cost b. It helps the managers to remove competitors from the market c. It helps the managers to develop the appropriate business strategies d. It helps the managers to copy the competitorsWhat term is used for corporate development beyond current products and markets, but within the capabilities or the value network of the organisation a Backward integration b.Related diversification c. Vertical integration d. Divergent diversification
- 24) Business strategy focuses on two issues, (1) what business to compete in, and (2) how business can be managed to achieve synergy. a) True b) False1. Which among the following technologies used in manufacturing is currently being used as the main technology in the production of wine and cheese? a. Advance Industrial Robotics b. Industrial Biotechnology c. Electric Vehicles d. Industrial Internet of Things 2. This involves machines designed to perform industrial tasks automatically, with high programmability and the capacity to interact with their environment. a. Additive manufacturing b. Advanced industrial robotics c. Industrial biotechnology d. Electric Vehicles 3. In our generation, which technological advancement is NOT TRUE? a. Technology has changed the way we interact. b. We have a new generation of home entertainment. c. There are huge improvements in our healthcare and health services. d. Modern transportation technology depends on non-renewable energy.As an astute entrepreneur who believes in creativity and innovation, Mr. Francois is pondering about manufacturing something, but he has to think carefully about the product to be manufactured. Therefore, he needs to 4 understand what the Value Chain is about as well as the types of strategies that he could utilize to gain a competitive advantage. a. What information would you provide to Mr. Francois and his family regarding the Value Chain as they think seriously about going into the manufacturing sector? b. Also, what are the possible strategies that could be utilized once the Manufacturing company becomes established? Identify the strategies by name, and provide a brief explanation for each type of strategy suggested. Provide justification for your advice with respect to each strategy.
- “The market opportunity for notebooks is $x billion and is expected to grow at y% per year for the next z years.” This states shows that the market opportunity of notebooks. Some people might think that we should take the chance, expand our business and be the Milliner. Sometimes they say, “No risk No gain” or “Be an Entrepreneur-be your own Boooooss”. As we learned about the key factors of business model, we should think about other challenges. Task: Mention only one key element and discuss in short why this key element should be considered before starting the business of notebooks.Policies, rules, procedures and regulations are required in the firm. Explain theirsignificant effects on the operations of the firms?((600-700words)Give typing answer with explanation and conclusion A(n) _____ is an internal skill or capability that does not enable a company to choose and implement strategies that support its mission. a. organizational threat b. organizational weakness c. process gain d. market threat e. economic downswing
- Google is one of the world’s leading high-tech firm. Its corporate mission is, “to organize the world’s information and make it universally accessible and useful.” Explain how Google’s mission affects the way Google develops and executes its strategy Focus on the Keywords in the Google’s Mission Statement while exploring the Google’s Corporate Info Website (https://about.google/). In the website, you should thoroughly look at the different products, activities, operations, programs, different viewers, geographic coverage, and other features to understand the overall strategies Google is pursuing. Based on your thorough analysis of the website, list down the Strategic Priorities of Google. Afterward, you are required to link the strategic priorities with the key aspects of the Google’s Mission Statement and then describe in detail how the Mission statement affects the way Google develops and executes its strategy.1) Porter’s five forces work has been challenged on several levels. What are the bases of these challenges? 2) Briefly discuss the six sources of primary industry data ? 3) briefly discuss the importance of the feasibility test ? 4) what is the Lean startup movement,and what was its origin? 5) discuss three common problem that result from a lack of sufficient new products development resources ? Briefly discuss the benefits of outsourcing products development for today’s entrepreneur ? All those questions are needed please help me with all this questions .Core competencies are those strengths in a firm that include:a) specialized skills.b) unique production methods.c) proprietary information/knowledge.d) things a company does better than others.e) all of the above.