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Q.2.2 Using your own words, outline any three advantages of a differentiation strategy
in terms of Porter’s five forces.
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- Question The pursuit of competitive advantage requires a strategist to discover or build a company’s core competencies which will constitute the vehicle that will drive the implementation of successful strategies. A renowned global consulting firm, McKenzie Consulting Group states that “in order to gain and sustain competitive advantage, an organization should at least possess three core competencies which will form the foundation upon which successful strategies are developed”.Required: 1. Briefly distinguish resources from core-competencies? 2. Choose a Ghanaian or Multinational Company operating in Ghana and identify any five tangible resources /capabilities and five intangible resource/capabilities 3. Take each one of the above named tangible and intangible resource/capability and match each against the VRIN framework, clearly justify why any of the named tangible and intangible resource/capability qualifies to be a core competency? 4. Based on the outcome of your analysis above…(Question 5) Global Sourcing Strategy o Discussion on all aspects of the global sourcing strategy with clear details on the strategiesthat can be used when assessing all six (6) aspects if AMSUPP is to operate in Singaporeas discussed in the course§ Information for the case must be used to support the discussion The six aspects are of global sourcing strategy: Improve Supplier Relations Assess the current supply chain Develop sourcing strategy Identify and screen suppliers Contract suppliers Set up client local operationsQ3(c). On the assumption that Mr. Francois is thinking about starting a branch in some foreign country, he will need advice on the types of strategies that could be adopted. How would you advise Mr. Francois and his family about the best approaches to entering a foreign market considering the type of business that he is engaged in? Provide justification for your advice. In addition, could you indicate to Mr. Francois and family about the types of experiences that they may encounter which may not be always positive.
- Question 10: Which strategy best positions an organization to handle the departure of key leaders?a. Establishing an employee referral program that has a higher dollar amount for senior positionsb. Implementing an integrated succession management and leadership development programc. Partnering with a well-established executive search firm that specializes in placing high-potential leadersd. Identifying potential leadership candidates to target for recruitment from comparable employers Question 15: An international seed company is in a position to buy one of its competitors. Management has narrowed the options down to three possibilities. How can HR most strategically contribute to developing and evaluating a business case for this project?a. Estimate payroll and benefits for the entire workforce at each potential location and recommend thelowest-cost option.b. Assign top HR executives to conduct thorough reviews of each culture and prepare presentations fordiverse stakeholders.c.…Question 3. a) List 3 each the External Opportunities and Threats, Internal Strengths and Weaknesses on any organization you are familiar with. You are required to identify the industry type and the country where the organization is residing. Type of Industry: Country: External Opportunities External Threats 1. 2. 3. 1. 2. 3. . Internal Strengths Internal Weaknesses 1 2. 3. 1.. 2. 3.Question Global Sourcing Strategy (Question 5)- 15 marks o Discussion on all aspects of the global sourcing strategy with clear details on the strategiesthat can be used when assessing all six (6) aspects if AMSUPP is to operate in Singaporeas discussed in the course *Information for the case must be used to support the discussion
- Question 1 A strategic alliance is an arrangement between two companies to undertake a mutuallybeneficial project while each retains its independence. The agreement is less complex andless binding than a joint venture, in which two businesses pool resources to create a separatebusiness entity a. Explain the FOUR (4) reasons for businesses embarked strategic alliances. answer should be with proper elaborations and examples. Thank you.Question 1 - Business With reference to the article above, write an office memo of 400-550 words, discussing the defensive strategy used by Sibanye Stillwater Ltd There are 3 types of defensive strategy: Retrenchment Divestiture Liquidation Discuss which defensive strategy used by Sibanye Stillwater Ltd Case study: Huge job cuts looming for one of South Africa’s biggest employersSibanye Stillwater Ltd. said it might cut more than 2,000 jobs at some gold mining operations in South Africa that are struggling to make a profit. The Johannesburg-based precious metals producer will enter into consultations with labour groups and other stakeholders on the proposed restructuring, which could affect 1,959 employees and 465 contractors at its Beatrix 4 shaft and Kloof 1 plant. The operations aren’t profitable as they are running out of commercially viable ore, and they face rising costs and lower output levels, Sibanye said in a statement. “To allow shafts and operating plants that are no…QUESTION 15 Compare and contrast “strategic blunder” and “strategic drift”
- Question 1 Given the following payoff table with the profits ($m), a firm might expect alternative investments (A, B, C) under different levels of interest rate. payoffs as profits states of nature decision alternatives 1(5%) 2(7%) 3(9%) A 14 22 6 B 19 18 11 C 12 17 15 a. Use the alternative method to verify EVPI NOW ASSUME THAT THE PAYOFFS ARE COSTS ANSWER THE FOLLOWING: b. What is the most the firm should be willing to pay to obtain further (perfect) information (EVPI)? c. Use the alternative method to verify EVPI. Please answer all three parts of Question 1.Q4. Justify the following statements by giving appropriate reasoning. According to Weber’s Bureaucratic Model, relationships among organization members should be impersonal. Cost Leadership is a competitive strategy that increases an organization’s market share. Justifying past decisions is a bias that can badly affect managerial decisions and choices. The phenomenon of Groupthink restrains a group’s performance, resulting in poor decision outcomes. An SBU that has a large share of a slow-growth market is dubbed as a “Cash Cow”.Question 1 a. Explain FIVE (5) grounds of success for developing ISs for managementdecision making in the manufacturing industryAnswer should be in paragraph, Thank you.