In baseball, when one manager decides to send in a pinch hitter, the other manager often changes pitchers. This sometimes causes the first manager to send in a new pinch hitter. Once both managers decide that no more player substitutions will benefit their team, the situation has reached: A) efficiency. B) equilibrium. C) equity. D) the market.
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- Boeing’s strategy appears to focus on its 777 midsize plane’s ability to fly into smaller, nonhub airports. Rival European Airbus’s strategy appears to focus on large planes. Compare the advantagesand disadvantages of these two strategies.Elen Bright pondered how she could determine which decision had better performance. The luxury division, by meeting its financial targets, greatly added to the company’s overall financial health, and allowed TAP to report better results from the prior year. Turning by the economy division, she was satisfied with how they had positioned themselves to take advantage of anticipated growth in the economy segment, which contribute to TAP’s longterm financial performance.She sat back and thougt about her dilemma: “The more I look at the results, the more confused I become. I can’t decide which division has performed better.” Question: Diagnosis the problems in the balanced scorecard development process, that makes that gave confusing results.Cologne Ltd. is a large consumer products company. The incumbent CEO of the company left and Mr. Raza, who was second in command to the CEO, took over as CEO of the company. Mr. Shamsi is a senior executive in the company and has his own views. He has after all been in the business for a decade and a half and he thinks he knows how to tackle the slump the industry is going through. He did not wasted time and talked to the new CEO and told him what he thought needed to be done in the company. The CEO heard him out and suggested that he give him some time to learn the ropes. Eventually, when he did lay out his plan, Mr. Shamsi was shocked to see all his suggestions completely ignored. When he asked the CEO about this, he responded cryptically that he wanted a team that supportedhim completely and hinted that Mr. Shamsi leave the company if he was unhappy. He actually ventured far enough to offer his assistance in finding a new job for Shamsi. Mr. Shamsi was shocked. He did not understand…
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- Q4.In today’s environment, how organization can achieve competitive advantage? Explain in detail Q5.How managers can increase employee performance with scientific management theory? Explain in detai Q6.Is there one best “style” of management? Why or why not? Explain in detailThe aim behind a balanced scorecard is to provide a comprehensive framework for translating acompany’s strategic objectives into a coherent set of performance measures. It allows managers tolook at the business from four (4) different perspectives.RequiredState and briefly explain the four different perspectives of the balance score cardNametso Senwelo, founder of Sunflower Desserts, reviewed performance her business andobserved the following for the past financial years: High growth and low market share product offerings. She needs a lot of cash needs but is currently generating little cash She needs to increase the market shareGive Nametso advise on how to grow her company's market share and turn it into a "Star" usingthe BCG matrix.