Planning and Strategic Management The table gives examples of different factors considered in a SWOT analysis. Identity whether each factor is a strength, weakness, opportunity, or threat. Example A favorable regulatory environment for the organization's industry Providing excellent customer service Little cash to pay bills Strength Weakness Opportunity Threat O
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- READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:TMC Announces Changes to Executive Structure, Senior Professional/SeniorToyota City, Japan, December 3, 2020―Toyota Motor Corporation (TMC) announcedtoday that it intends to implement changes to its executive structure, seniorprofessional/senior management employees, and organizational structure effectiveJanuary 1, 2021.To respond to severe changes in the external environment, TMC, based on its basicpolicy of appointing the right people to the right positions based on the achievementsand experience of each person, has been swiftly and continuously innovating itsexecutive and organizational structures. This year, in addition to clarifying thatoperating officers are responsible for looking over management of the entire companyas chief officers in close coordination with the president, TMC is further innovating byrefreshing its operating officer lineup in response to management challenges as theyarise, the path that the company…(1) What is your personal mission or vision statementfor your career and your life? Have you ever thoughtabout your future in this way? (2) Consider a careerpath that you might pursue upon graduation, andperform a quick SWOT analysis. What are some ofyour internal strengths and weaknesses and externalopportunities and threats?We all know about the space shuttle Challenger disaster. But, there is more to the story than a faulty "O" ring. Most have not heard of Roger Boisjoly; he was a NASA whistleblower. Give a brief summary of what really happened leading up to the Challenger launch and the investigation afterwards. Discuss the culture and the organizational structure of NASA, what obstacles within and without the organization prevented the information about the O ring from getting to the right people? Did Boisjoly do everything within his "duty" as an employee beforehand to stop the launch? What more could/should he have done? Consider the conflicting pressures he was under. Had the information gotten to the right people within the organization, would the launch have been stopped? How far did his information get up the chain of command? Boisjoly's conduct after the disaster became more bold, even when he experienced retribution. What do you think motivated him? What was the reaction of the organization…
- The Internet has created new ways to do business for organizations with much less capital planning as opposed to the high capital needs of traditional brick and mortar organizations. Based on this, answer the following questions: How should management and leadership address each type of business? Describe the organizational structure of 1 traditional and 1 online retailer, identifying a management or leadership challenge for each type of retailer. Are the challenges basically the same or different? In what ways are they the same, or how are they different?(a) Do a SWOT analysis for Darktonics. (b) For one entry in each of the four cells in your SWOT table(strengths, weaknesses, opportunities, and threats) suggest an action Daktronics might take to increase revenues.Explain SWOT (strengths, weaknesses, opportunities, and threats) analysis and do any SWOT analysis from yourself.
- 1.In , goals set by top managers flow down through the organization and become subgoals for each organizational management by objectives B) management by observation C) traditional planning D) traditional goal setting 2.What plans are preferable when uncertainty is high in the business environment? 13) operational plans B) standing plans C) directional plans D) long- term plans 3,They should set general, but rigid plansHow can managers effectively plan when the external environment is continually changing? 14) They should discontinue formal They should continue to follow the set organizational plans as persistence will eventually pay. They should be ready to change directions if environmental warrant They should set general, but rigid 4.Williamson is the owner of a small company that sells corporate gifts through an online Business has slowed down in recent months and he realizes that the organization must move in a different direction if it is to survive. He has…Short answers Agency costs What does “managerial entrenchment” mean? Give an example. What is the implication of managerial entrenchment: should company favor debt or equity? Why? In the conflicts between equity holders and bond holders, 1).Why would equity investors want to forego good project with positive NPV (“debt overhang”) and rather take risky projects with negative NPV? (“risk shifting”) 2).What is an example of “asset stripping” from equity holders in case of high financial distress? Given asymmetric information between investors and managers, )How would investors interpret firm’s decision to finance through debt? )How would investors interpret firm’s decision to finance through equity? )How would investors interpret firm’s decision to buy back its equity? )Given the signaling theory above, what is the implication on firm’s financing preference (hint: pecking order hypothesis)?The task I am struggling with:Mt. Kinley is a strategy consulting firm that divides itsconsultants into three classes: associates, managers, and partners. The firm has been stable in size for the last 20 years, ignoring growth opportunities in the 90s, but also not suffering from a need to downsize in the recession at the beginning of the 21st century. Specifically, there have been – and are expected to be – 200 associates, 60 managers, and 20 partners.The work environment at Mr. Kinley is rather competitive. After four years of working as an associate, a consultant goes “either up or out”; that is, becomes a manager or is dismissed from the company. Similarly, after six years a manager either becomes a partner or is dismissed. The company recruits MBA’s as associate consultants; no hires are made at the manager or partner level. A partner stays with the company for another 10 years (a total of 20 years with the company).a) How many new MBA graduates does Mt. Kinley have to hire every…
- What does a SWOT analysis reveal about Under Armour’s situation1. Describe the nature and causes of the employee health insurance cost problemin this case.2. What information should the employee health benefits committee gather beforemaking any recommendations? Why?DeCarlo came away from the conference with a greater appreciation of the complexityof the problem of increasing employee health insurance costs and a greaterdetermination to do something about it. However, he wasn’t sure about his next steps.He viewed his company as a “preferred employer” because it had always paid abovethe market wage rates and its benefits were always more liberal than those of otherU.S. companies and particularly those of foreign competitors. DeCarlo did not want todo anything to jeopardize his company’s advantage in attracting and retaining highquality personnel. At the same time, he realized that if no changes were made, hishealth insurance premiums may be greater than his total projected company earningsby the year 2016.Quality Auto Parts’ present health insurance…Starting with Apple's founding in 1977, Steve Jobs saw his main task as leading the planning process to develop new and improved PCs. Although this was a good strategy, his management style was often arbitrary and overbearing. For example, Jobs often played favorites among the many project teams he created. His approach caused many conflicts and led to fierce competition, many misunderstandings, and growing distrust among members of the different teams. Jobs' abrasive management style also brought him into conflict with Apple's directors, and they became convinced Jobs's management style was the heart of the problem and asked him to resign. Question: Steve Jobs was a world-renowned founder for his innovativeness, but his leadership skills were questionable. discuss the importance of leading function. Support your answer with two fully explained reasons