Explain when/how to use the strategy of “skunk works
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Explain when/how to use the strategy of “skunk works.”
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Solved in 2 steps
- Explain why it might be argued that the formulation of a company’s strategy is the responsibility of a Chief Executive Officer of a company.Define mixed strategy . Why would a firm use a mixed strat-egy instead of a simple pure strategy?Q4(2). John Francois Stores has experienced success throughout its years of operations. However, there is no one at the organization at present who understands how the organization should be evaluated with the objective of taking corrective action, if required. a. what is the process of strategy evaluation? b. how the objectives are evaluated and what are the challenges that may arise? and how is performace measured?
- . Define mixed strategy. Why would a firm use a mixedstrategy instead of a simple pure strategy?Explain and describe what is a wait and see strategy ij operations ?135) Questions in strategy include which of the following? a) Are we in the right business? b) What business should we be in? c) Both A and B d) Neither A nor B
- Since Port Aventura is using an ERP (SAP actually) to coordinate all of its operations, what benefits does it gain from this software? What are the strategic business challenges for Port Aventura to grow its business? (i.e. market-based imperatives - nothing yet to do with IT)13) Corporate strategy asks which of the following questions? a) Which business should we be in? b) Why should we exit a particular business? c) Both a and b d) Neither a nor bHow can OM determine the Corporate Mission?