Discuss quality as a strategy. C
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- 1- What are core competencies of companies? GIVE EXAMPLE 2- What role do dynamic capabilities play in the ability of companies to create competitive advantage in rapidly changing environments? GIVE EXAMPLES PLEASE1. Explain the reasons why a manufacturing firm or a service firm will outsource a product or a service when it could have done that by itself. With appropriate examples explain the firm might do otherwise 2. A distinctive competency is a competency unique to a business organization, a competency superior in some aspect than the competencies of other organizations, which enables the production of a unique value proposition in the function of the business. Discuss with one relevant example each fives areas of distinctive competency that a build could focus on to build a competitive advantage 3.A fast-food restaurant serves hamburgers, cheeseburgers, and chicken sandwiches. The restaurant counts a cheeseburger as equivalent to 1.25hamburgers and chicken sandwiches as 0.8 hamburgers. Current employment is five full-time employees (who work a 40-hour week). If the restaurant sold 700 hamburgers, 900 cheeseburgers, and 500 chicken sandwiches in one week, what is the productivity? What would…14-In SWOT analysis, which of the following will you write in the strengths?. a. the future growth chances available for the business b. the expertise and resources available in the business c. lack of competitors d. All the options are correct
- 1 – According to the I/O model, what should a firm do to earn above-average returns? 2 - What does the resource-based model suggest a firm should do to earn above-average returns? 3 - Why is it important for a firm to study and understand the external environment? 4 - What are the differences between the general environment and the industry environment? Why are these differences important? 5 - How do the five forces of competition in an industry affect its profitability potential? Explain. 6 - Why is it important for a firm to study and understand its internal organization? 7 - What is a business model and how do business models differ from business-level strategies? 8 - How do awareness, motivation, and ability affect the firm’s competitive behavior? 9 - What is corporate-level strategy and why is it important? 10 - What motives might encourage managers to over diversify their firm?6. A company wants to add Urban Transport Business to its portfolio. It is proposing a minimum of 100 buses to run on Ten major cities in Ghana The New Business Concept Statement tested positive with sampled population. The feasibility analysis also looks good. You have been consulted to advise on whether or not to go on with the business investment. Using the five competitive forces model, analyse the industry to show its attractiveness or otherwise under the following heading: (a) Threat of substitutes (b) Threat of new entrants (c) Bargaining power of suppliers (d) Bargaining power of buyers (e) Rivalry among the existing firm18) A ‘strategic alliance’ relationship is appropriate withmultiple suppliers of low cost commodities like officesupplies.Select one:A. TrueB. False19) Which is not a sub-process of the logistics process?Select one:A. inventory controlB. product assemblyC. warehousingD. transportationE. All are subprocesses20) A ‘Highly Responsive’ OPSCM strategy is a good match for aPrice Leadership competitive strategy.Select one:A. TrueB. False21) Which is not one of the reasons that all business studentsshould study OPSCM?Select one:A. It’s related to all other fieldsB. it is critical to your organization’s successC. it is critical to your career successD. it’s one of the highest cost processes in a business.E. All of these are valid reasons22) The aggregate production/operations plan is done at thedetail level of individual products and services.Select one:A. TrueB. False
- Pls help with the below homework, explain the answer in 5-6 sentences only. Which factors are important from the environmental perspective to promote improved competitiveness? what defines the competitiveness of an enterprise?what the competencies required for SMEs that Disney should also consider in trying to remain entrepreneurial when it comes to technology?1. In a paragraph, formulate an analysis about the big lie in strategic planning by Roger L. Martin. 3. What is the big lie in “The big lie in strategic planning” by Roger L. Martin. 3. What is the importance of strategic planning in an enterprise.
- 1. Discuss what are potential sources of competitive advantage for a company? Give examples 2. Argue is a competitive advantage sustainable? Give examples1. What steps does Nordstrom take to implement its strategy providing outstanding customer service? According to the text, are there any actions or steps that are discussed in the text that Nordstrom does not implement?2. How do these activities enable Nordstrom to reduce the gaps between perceived service and customer expectations?3. What are the pros and cons of Nordstrom’s approach to developing a competitive advantage through customer service?4. Can Nordstrom’s philosophy of customer service be used businesses other than retail service businesses? Educational institutions? Lower end retailers like Walmart, Target, or Steinmart or Kohls? –5. Why or why not? If not, how could these retailers improve their customer service and relations, give examples—6. Discuss the inventory policies of Nordstrom to that of other department or retail stores. Does this policy impact customer service?Private airlines with the same resources have strong market position as compared togovernment airlines (Indigo vs Air India). Analyst suggested that management of a privatelyowned airline is better than bureaucrats managing the public sector company. Explain howknowledge of operations function of an organization contribute to the strategic advantage ofthat organization. How will you improve the market position of a government ownedenterprise if government decide to appoint you as managing director of that company.