( Mission statement should contain tacit descriptions of their competitive advantage. Select one: a. TRUE b. FALSE
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- Ani offers piano lessons in her home - students come to her home studio for their session. Sal also offers piano lessons, but he offers them virtually - students stay in their homes, and video conference with Sal for their session. Sal's business is in the same product category - piano lessons - but meets customers' needs in a slightly different way than Ani. For Ani, what type of competitor is Sal? a Indirect competitor b Substitute c Direct competitor d AlternativeIndicate yes or no whether the following components contains in the mission statement (1st column). Evaluate a mission statement using the following: Write the excerpt stating the components from the current mission statement. Re-state the excerpt from the Mission Statement that you think needs improvement or addition from the analysis MISSION STATEMENT To serve great tasting food, bringing the joy of eating to everyone Components Yes / No Excerpts from Mission Statement Re-statement 1. Customers 2. Products / Services 3. Markets (Geographically, where does the firm compete? 4. Technology (Is the firm technologically current?) 5. Concern for survival (Is the firm committed to growth and financial soundness?) 6. Philosophy (What are the basic beliefs, values, aspirations & ethical priorities?) 7. Self - Concept (What are the firm’s distinctive…GoGo Airline's parent company is planning to take a cautious approach in launching MegaSaver. a.Critical evaluation of the advantages and disadvantages of divisionalisation to the parent company b.Explanation of various techniques the parent company can use to measure the performance of the proposed divisions and divisional managers c. importance of non-financial measures in measuring performance
- Vision and Mission of Jollibee. If it has a source, kindly indicate it. Thank you“We promise our customers stellar service, our suppliers a valuable partner, our investors the prospects of sustained profitable growth, and our employees the allure of huge impact.” 1. Recommend valid changes Netflix can make to their mission statement to make it more comprehensive.2. Develop a mission which in your opinion, would be suitable for the Netflix organisation.What was interesting about the article, "Allianz Boosts Shareholder Returns After Profit Nearly Doubles" By Helena Smolak? What was educational about the article, "Allianz Boosts Shareholder Returns After Profit Nearly Doubles" By Helena Smolak? What was insightful about the article, "Allianz Boosts Shareholder Returns After Profit Nearly Doubles" By Helena Smolak ? Article Link: Allianz Boosts Shareholder Returns After Profit Nearly Doubles - WSJ
- Choose the correct answer & Explain in detail i) When localization pressure and affiliates capability both high then affiliate take strategic initiatives ii) When localization pressure and affiliates capability both low then affiliate influences parent strategies iii) When localization pressure is high and affiliates capability is low then parent seek alliances or acquisitions Select one: a. None of the above are true b. All of the above are true c. Only two of the above are true d. Only one of the above is true49. Which (of the items listed) is NOT one of the five generic types of competitive strategy? (Know which ones are). 50. Which generic type of competitive strategy is typically the "best" strategy for a company to employ? 51. A low-cost leader's basis for competitive advantage is what? 52. A factor that has a strong influence on a company's costs is termed what? 53. Strategic offensives should, as a general rule, be based on what? 54. An offensive to yield good results can be short if what happens? 55. When challenging a struggling rival, it can (what can happen?). 56. A blue-ocean strategy is what? 57. Which (from list) is NOT a prime example of a blue-ocean market strategy? 58. All firms are subject to offensive challenges from rivals. The intent of the best defensive move is to do what? 59. Which (from list) is NOT a purpose of a defensive strategy? (So, know what is). 60. What does the scope of the firm refer to? 61. The range of product and service segments that the firm serves…Vision – is a more realistic overview of the company’s aim and ambition. Why does the company exist? What does it aim to achieve through its existence? Select one: True False
- A Firm’s history is given in a timeline from its inception in Year 1995 to Current Year: 1995 Invented and filed patent for software that improved production process.1997 Introduced new innovations that went on the market at low price.Major sales growth with expansion of the market share.2000 Anotherfirm emerges as a serious competitor with new technology.2003 Management observing its products are not doing good business decides to diversify.2006New chief executive takes up position.2097Firm abandons its low profit businesses to begin to invest in new products.2010 Firm filed a petition against anti-competitive trade practices but lost the case.2012 Becomes a high-cost manufacturer with a growing portfolio of products which was losinghundreds of millions of dollars annually.Restructuring that eliminated 10,000 jobs and cut more than $1 billion from annual costs.2015New CEO took over reigns of the firm. To raise money, begins selling patent of select portfolio and concentrates on narrow…What is the mission/vission of facebook company and microsoft company?which company's statement you liked the most?explain your answer with justification.Based on what is ideal such as from books, literatures, published articles, and from the principles of our module, evaluate which of the following statements are correct? Statement 1: The vision, mission and goals (VMGs) of the firm are intended for display and brand imaging while on the other hand, the planning phase reflects the current aspiration of the executives. Statement 2: When executives direct a decentralized firm, they keep the plans only for themselves and share only to those whom they like. Statement 3: Employees are generally intrinsically motivated therefore there is no need to establish programs for appreciations, rewards and merits. Statement 4: Controlling is ensuring that unlikeable employees will not partake in the activities and functions of the firm. Statement 5: Decision-making are only for executives and other stakeholders may not necessarily participate or to be considered in a decentralized firm. a. All b. 1, 2 and 3 c. 2, 3 and 4 d. 3, 4 and 5 e. 1, 3 and 5…