Porter's Value Chain Model identifies activities where organizations can use competitive strategies for greatest impact. Select one: O True O False
Q: How can we measure the ROI of knowledge Management initiatives in organizations?
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A: Explanation of balanced scorecard are as follows:
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A: Michael Porter's Competitive Rivalry Model
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A: Strategic planning process is determined by the top level managers to identify the objective of the…
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- Instructions 1.Based on the balanced scorecard and the following descriptions of the predicted relationships between strategic objectives, draw the scorecards strategy map. a.Training employees effectively and reducing employee turnover can both be expected to improve returns processing and reduce shipping errors. b.Both improving returns processing and reducing shipping errors can be expected to delight the customer. c.Delighting the customer can be expected to increase market share. 2.Based on the balanced scorecard and the following descriptions of the predicted relationships between performance metrics, draw the scorecards measure map. a.Median training hours per employee and average employee tenure will both influence hours from returned to refunded and number of erroneous shipments. b.Both hours from returned to refunded and number of erroneous shipments will affect percentage of customers who shop again and online customer satisfaction rating. c.Both percentage of customers who shop again and online customer satisfaction rating will influence the companys market share. 3.Label each element of the balanced scorecard.control risk, inherent risk, detection risk, RMM? Explain why? IR/CR yes or no? RMM and DR increase,decrease or no effect? Factor IR Factor CR Factor Why? Comments Impact on RMM Impact on DR 1 Apollo advanced $1.25 million to Larry Lancaster’s secretary. 2 Apollo does not have adequate documentation supporting customer returns of product. 3 Apollo has maintained a positive trend in net income over the past several years, and has a strategic emphasis on meeting profitability targets. 4 Apollo has not allowed your firm to speak with the predecessor auditor about their withdrawal after last year’s engagement. 5 Apollo installed a new computer system mid-year.Question 1You just graduated with honours in accounting. Your manager asks you to prepare a report on non-financial factors, which can impact the company. You are to identify four non-financial factors and explain in detail the impact on any organization. Question 2As the team leader, you are to explain the following concepts and apply each to a fictional scenario with full details.1. Sunk Cost2. Relevant Cost3. Opportunity Cost
- Question 13 Research staff at Apricot Ltd (a mobile phone company) , are told by what functionality is expected out of the new model to be released. They are given a generous budget and access to technicians. They are told to contact management if you have any questions or need guidance. What approach to management is most appropriately being described here? A Laissez-faire B Entrepreneurial C Democratic D autocraticToday’s business environment is characterized by a. global competition. b. time-based competition. c. a shift toward a service economy. d. Items a, b, and c are correct.1. Regulations have been imposed on FitzQ plc’s industry to improve sustainability among industry participants. FitzQ plc’s response to the regulations demonstrates the Porter hypothesis. How should FitzQ plc’s response to regulation be classified ? Innovation Full compliance Mere compliance Non-response 2. Glassen plc is considering entry into a new product market. The company’s Marketing Director has requested information on each of the following aspects of the potential new product market (1) The extent to which competitions are balance (2) Market growth rates (3) Fixed costs, exit barriers and operational efficiency (4) The management structure of competitors According to Porter’s Five Forces theory, which of the above aspects are relevance in determining the level of competitive rivalry in the potential new product market ? (1), (2) and (4) only (1), (2) and (3) only (2), (3) and (4) only (1), (3) and (4) only
- 4000 Statement 1: Force Field Analysis (FFA) is great decision-making tool to identify the forces for and against a course of action. Statement 2: FFA focuses on causes not symptoms capturing the collective knowledge and experience of a group. Statement 3: FFA documents the more specific inputs, tasks, actions, systems, decisions, and outputs Group of answer choices Only statement 1 is true Statements 1,2 and 3 are false Only statement 3 is false None of the above Statements 1,2 and 3 are trueQ41 Statement I: HRA gives valuable information for both management and outsiders.Statement II: HRA has gained importance only after the introduction of industries. a. Statement II is only true b. Statement I is only true c. None of them is true d. Both the statements are trueQuestion for discussion forum. Assess the notion that ratio analysis is an invaluable approach in determining the financial strengths and weaknesses of a business in a competitive environment. Word limit 2000 words
- 1.General Environment Analysis Tables a. List the Opportunities and Threats identified through General Environmental Analyses - Developed and Developing. b. Prepare two General Environment Tables (Developed and Developing) c. Identify the Best Target Market Segments from a Growth, Revenue and Profitability perspective. d. Provide a Prioritization and Summary Analysis of the Key Opportunities and Threats relative to your company from each GE Table 2. Industry/Competitor Dynamics and Trends a. Explain the Predominant Industry Dynamics - you need to identify and explain what is going on in the industry relative to: a) the Predominant Strategies at all levels (Grand, Business Level, Miles and Snow, Competitive..., b) Industry Life Cycle, c) BCG, d) Sub (also called Alternative) Strategies primarily used, e) International vs Domestic Activity, f) Developed vs. Developing, g) Product Portfolios (Breadth, Depth, Mix), h) Placement, g) Pricing, and h) Promotions b. Identify, analyze, and…Part One: Indicate whether the following sentences are true or false: 5. Strategy/ business concept innovation states that the current environment is hostile and hospitable to revolutionaries. Organizations are required to revolutionalize organizational strategy/ concept.Q1) Which aspect of the management process involves determining what the organization needs to do and how best to get it done? a. Processing b. Controlling c. Planning d. Monitoring e. Organizing This true or false Question from BUSINESS MATHEMATICS Course,just write for me the final answer.
