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- TIME FOR THE Ax? The Situation You are the sales manager for a well-established medical equipment company. You've been with the company a long time and, generally, you really enjoy your job. The company's new president is interested in proving herself and has set a goal of 10 percent sales growth per year. Each sales representative has a quota that they are expected to meet. Those who exceed their quota will receive a bonus, and those who fall short of their quota will be fired or placed on probation. The Dilemma Your sales staff have worked really hard over the past year to meet their new quotas. Six of the eight representatives met their quotas and received bonuses. However, two others have fallen below. Jane fell 2 percent short of her quota and you're not surprised. She's not hard working and often leaves work early to play golf. Bill, on the other hand, has been with the company a long time and is widely respected for his work ethic. However, he's struggling to care for his sick…Which among the following is one of the advantages of the McKinsey 7S model 1-It is considered a long-term model 2-With the changing nature of businesses, it remains to be seen how the model will adapt. 3-It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 4-It is considered a longstanding theory, with numerous organizations adopting the model over time.In the evaluation of a project or proposal some data needs to be gathered and understood. For the items listed below please explain why each are important and give an example how it can affect a decision, both in the short and long term. Time period of the facts: Economic conditions Population attitude Industry of the company: Industry Type Type of business Problems within the industry
- Of the two types of customer expectations, performance expectations fluctuate the most. Describe situations that might cause expectations to increase, thereby narrowing the width of the zone of tolerance for your organization’s customers. What recommendations do you provide for the organization in these situations to better enable the organization to achieve its satisfaction targets?Implementation of a company’s strategic plan often begins by determining management’s basic expectations about future economic, competitive, and technological conditions, and their effects on anticipated goals, both long-term and short-term. Many firms at this stage conduct a situational analysis that involves examining their strengths and weaknesses and the external opportunities available and the threats that they might face from competitors. After performing the situational analysis, the organization identifies potential strategies that could enable achievement of its goals. Part of this process involves business managers creating budgets to plan for future operations, create benchmarks to measure progress, and maintain necessary accounting controls. The majority of literature that has used examples to describe a master budget have been limited to manufacturing companies. These companies tend to have comprehensive operating budgets and therefore serve as a good starting point in…Need accurate long answer recent expert wrong answers. LEAD.301.C1 Personal Leadership Week 6 Your Sweet Spot Brand Discussion Forum PLS DO NOT GENERALIZE THE ANSWER. This week, we consider several topics to expand your awareness of what you bring to the workplace. The first is your intrinsic and extrinsic motivations. Then we'll briefly revisit articulating your strengths. It's the intersection of your motivations and strengths. With these two, we'll take a crack at defining your sweet spot. This link is in the syllabus and will give you more information on how Bill George, former Medtronic CEO and now Harvard professor, defines sweet spot: https://discoveryourtruenorth.org/finding-your-sweet-spot-as-a-leader/ Then we'll take a look at defining your personal brand. In many of the companies with which I work, the term "personal brand" or "leadership brand" is frequently used. This is another way of considering your strengths. Read the Ulrich and Smallwood article and follow the…
- Categorize each of the following activities as to which management responsibility it fulfills: planning, directing, or controlling. Some activities may fulfill more than one responsibility. (Select an "X" in the input field if the management responsibility is fulfilled. If the management responsibility is not fulfilled, leave the input field empty.) Activity Management Responsibility Planning Directing Controlling a. Management decides to increase sales growth by 20% next year. b. Management analyzes the impact of a recent advertising campaign by comparing budgeted sales to actual sales. c. Management reviews hourly sales reports to determine the level of staffing needed to staff the customer service desk. d. Management uses information on product costs to determine sales prices. e. To lower production costs, management moves production to China.1. This is the beliefs that guide or shape an organization’s attitudes and activities. a.Vision b.Goals c.Mission d.Values 2.This is the general aspiration that an organization wants to achieve. a.Vision b.Goals c.Mission d.Values 3.This is the process that focus on identifying significant external threats and opportunities. a.SWOT Analysis b.Enterprise Risk Management c.Environmental Scanning d.Risk AnalysisCompose a position paper on how your local government unit respondsto the COVID-19 crisis and what is your advocacy on your chosen issue.You need to be as objective as possible by citing valid and reliablesources. You also need to make the necessary adjustments to yoursources’ authenticity and reliability based on the comments andsuggestions of the professor.
- Which of the following statements is true about strategic goals? Group of answer choices They are set by an organization's middle managers. They are set by first-line managers. They provide plans for the day-to-day operations of an organization. They focus on broad and general issues. Their focus is on short-term issues.Strategic plan of the Scottsdale Police Department: Components of SWOT analysis present Technology and/or social media addressed Futures (predictions) used in the plan Justifications and assumptions for strategies are adequately articulated Measures support and ensures follow-through and implementation of strategies Potential limitations or challenges with the planUse the five-step decision-making process to analyse the following situation and recommend acourse of action:You are in charge of granting all computer hardware service contracts for your employer, which areworth more than $30 million annually. You casually indicated that you were seeking to buy a new carand that you particularly liked the Audi automobile but that it was very expensive in recent emailswith the company's current service provider. You are taken aback when the service provider texts youthe phone number of the sales manager at a nearby Audi dealership and advises you to call him. Theservice provider claims that because of his close friendship with the dealership's owner, he will be ableto offer you a fantastic price on a new Audi. Could it appear that you were asking for a bribe if yourmanager saw a copy of the texts you sent to the contractor? Could you classify this offer as a bribe?How would you respond?