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- 1)How have the current cultural environment of our country shaped the way that companies are looking at their own corporate cultural standards? 2)What are the potential downfalls and positive influences of the “Netflix way”? 3)How does Netflix’s internal culture negatively or positively affect their ability to stay competitive and deliver cutting edge content?How do you think mission, vision, and value statementslink with each organization’s culture? Do you think theycomplement each other? Why, or why not? How couldthe company better integrate its culture and key statements? Use examplesSite 1 example for the Intangible assets of your chosen companies and explain why. You can SKIP Human capital. Just use the 3 intangible assets such as Customer Capital, Social Capital, Intellectual Capital. Examples:SOCIAL CAPITAL - CORPORATE CULTURE: APPLEApple Inc. has an organizational culture for creative innovation. The company's cultural features focus on maintaining a high level of innovation that involves workers' creativity and a mindset that challenges conventions and standards, such as in the area of consumer electronics design.CUSTOMER CAPITAL - CUSTOMER LOYALTY: STARBUCKSThe Starbucks Rewards program awards customers with "stars." As they earn stars, customers receive free coffee and products. In addition to celebrating their birthday with a free treat, there are also bonus rewards like double star days and access to exclusive games and offers.INTELLECTUAL CAPITAL - PATENTS: SAMSUNGSamsung Leads the Way with 1,728 Granted Patents for 5G• Samsung Leads the Way with 1,728…
- explain in your own word and give example for each one Obtaining An Executive Champion/Sponsor 1.Power 2.Pain 3. Vision 4.Resources 5.The Long View 6.Sensitivity 7.Scope 8.Public Role 9.Private Role 10.Consequence Management Techniques 10. Monitoring Plans 11.Willingness to Sacrifice 12.PersistenceDirection: As a future manager in the future given the scenario below how will you be able to solve the problem of shortage and surplus. Answer should contain at least 300 words. 1. Covid 19 is a virus than can affect our immune system. One of the thisthat the IATF encourages people to do to not get the virus is to use facemask as protection and use alcohol to fight germs whenever you areoutside the house. Being an entrepreneur what will you do if you areone of the sellers of this kinds of products such as facemasks, andalcohol whose supply is always out of stock. Will you take theopportunity to raise your price to gain more profit?(0) Read the following excerpt from the article by Michael Schlossberg, three dramatic board failures to learn from. Considering this excerpt, answer the questions that follow. Blockbuster The former worldwide leader in video rentals found themselves on the wrong side of public opinion thanks to a failure to innovate. Blockbuster was once known throughout the world as a leader in home movie and video game rentals. Before the digital age, their products were the Netflix of the day. The problem? They refused to innovate. Sensing changes in the market — including by a start-up known as Netflix — Blockbuster began to push for a more in-demand market, creating programmes that allowed people to get videos delivered directly to their homes. However, it wasn’t enough: The company failed to properly prepare for the rise of the digital age and never created a product like that of Netflix that streamed movies directly to people’s internet devices. Their most egregious failure? A lack…
- 1. You are required to propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2)products and/or services; (3) markets; (4) technology; (5)survival, growth, and profitability; (6) philosophy; (7) selfconcept; (8) public image; and (9) employees. 1.Customers - Who are the firm’s customers? 2.products or services - What are the firm’s major products or services? 3.markets - Geographically, where does the firm compete? 4.technology - Is the firm technologically current? 5.concern for survival/growth/profits - Is the firm committed to growth and financial soundness? 6.philosophy - What are the basic beliefs, values, aspirations, and ethical priorities of the firm? 7.self-concept - What is the firm’s major competitive advantage? 8.concern for public image - Is the firm responsive to social, community, and environmental concerns? 9.concern for employees - Are employees a valuable asset of the firm? 2. Quality of the writing of the…use Porter's Value Chain Analysis coupled with the VRIO framework analysis to determine the extent to which Delta's leadership is a potential source of a strategic competitive advantage. Be sure to justify your position.Case Krispy Kreme Doughnuts Inc 2015 Based on the given case above, you are required to read the case and : 1. Propose a new mission statement for the organization based on 9 components of mission statement: 1.Customer 2. Product/ service 3. Market 4. Technology 5. Concern for survival, profitability and growth 6. Philosophy 7. Selfconcept 8. Concern for public images 9. Concern for employees 10. Component Legend is provided 2. Quality of the writing of the proposed mission statement and explain
- SUBJECT : HUMAN RESOURCE MANAGEMENT (please provide relevant and explained answer...Thankyou!!) Devising the company’s overall strategic plan is top management’s responsibility. However, few top executives formulate strategic plans without lower-level manager’s input. In view of the current business competitive pressures do you think this strategy will work, give your arguments? Also explain why strategic planning is important to all managers. and briefly describe the steps of strategic planning process.Proposed a new mission for krispy Kreme Doughnuts Inc 2015. Please use own sentences. You are required to create a New Mission for the organization like the above mission statement given, which based on 9 components of mission statement as place the components numbering in exp( 1 ) bracket .follows as above 9 components mission just recreate new mission statement with inspiring mission. Mission statement should be broad in scope, inspiring, words, enduring and include the nine components below 1.Customers: Who are the firms’ customers? 2. Product or services: What are the firms’ products and services? 3. Markets: Geographically, where does the firm compete? 4. Technology – Is the firm technologically current? 5. Concern for survival, growth and profitability? – Is the firm/company committed to growth and financial soundness? 6. Philosophy – What is the basic values, belief, values, aspirations and ethical priorities? 7. Self concept – What is the firm’s distinctive competence or major…Explain the business-level strategies of Estee Lauder. Has this company used any ofthe business strategies we discussed (differentiation, cost leadership, first-mover advantage, or Blue Oceans)?If so, give a thorough explanation. How could they use these strategies to better themselves? Does innovation orentrepreneurship play a role or need to play a role to help move them forward? Explain.