As a future businessman how will strategic cost management help you in making your business successful?

Business Strategic Management How do the five forces of competition in an industry affect its profitability potential?

I used to work at a non-franchised cleaners back in the day when I was in high school. After purchasing all the dry cleaner equipment, the organization  was “cash poor.”   In seeking to create a competitive advantage given the organization’s economic circumstances, what options might the company have to achieve a more favorable cash position?

Colleges and universities, like all businesses, have strengths, weaknesses, and competitors. What would be considered to be an online university's internal strengths and weaknesses? Why? who would be the competitors to online universities? What are three external opportunities and three external threats?

Talk about the variables that affect the current business climate and the difficulties that American companies may face in the future.

What do you believe are the top five skills to master for an enterprise business analyst, and why?

In your role as a vice-president at a company that manufactures exercise equipment, you have been asked to create a risk assessment for your company to assist with deciding to migrate from Excel to Access. What are two risks that your company will face if you switch to Access?

Off-the-shelf enterprise IS, often forces an organization to redesign its business processes. What are the critical success factors to make sure the implementation of an enterprise system is successful?

Is this statement true or false? It is advisable for entrepreneurs to make detailed cost calculations for every product or service they are selling. Through this effort, they can price their products competitively without sacrificing their profit margins.

You have a manufacturing plant in Mexico. The plant makes products that are brought back to the US for resale. The new President of the US has just imposed a 45% tariff on goods brought in from Mexico. You are effectively out of business. How would a scenario plan have prevented your business from failure? What would your plan be if the scenario happened?