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Q 1) Mario and Luigi is a chain of pizza stores. Pizzas are made fresh in store, and then delivered to customers by a fleet of drivers. The senior management team has identified the strategic priorities for the business as on-time delivery and product quality.
(i) For each of the strategic priorities, suggest three performance measures (Hint: use the three qualitative BSC quadrants to help you with the design).
(ii) Will the achievement of these performance measures achieve high profitability? Explain.
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- Q4. Please read the following case and answer the questions given at the end. The Hotel Paris’s competitive strategy is “To use superior guest service to differentiate the Hotel Paris properties, and to thereby increase the length of stay and return rate of guests, and thus boost revenues and profitability.” HR manager Lisa Cruz must now formulate functional policies and activities that support this competitive strategy and boost performance by eliciting the required employee behaviors and competencies. As an experienced human resource director, the Hotel Paris’s Lisa Cruz knew that recruitment and selection processes invariably influenced employee competencies and behavior and, through them, the company’s bottom line. Everything about the workforce—its collective skills, morale, experience, and motivation—depended on attracting and then selecting the right employees. In reviewing the Hotel Paris’s employment systems, she was therefore concerned that virtually all the company’s…Q4. Please read the following case and answer the questions given at the end. The Hotel Paris’s competitive strategy is “To use superior guest service to differentiate the Hotel Paris properties, and to thereby increase the length of stay and return rate of guests, and thus boost revenues and profitability.” HR manager Lisa Cruz must now formulate functional policies and activities that support this competitive strategy and boost performance by eliciting the required employee behaviors and competencies. As an experienced human resource director, the Hotel Paris’s Lisa Cruz knew that recruitment and selection processes invariably influenced employee competencies and behavior and, through them, the company’s bottom line. Everything about the workforce—its collective skills, morale, experience, and motivation—depended on attracting and then selecting the right employees. In reviewing the Hotel Paris’s employment systems, she was therefore concerned that virtually all the company’s…Q. 1. The Manager of a production Company was wondering about the decreasing morale of the workers. And the production deciles day by day. The situation became worse when some of the experienced workers are planning to quit and tendered resignation. It not only this influencing employee morale, the success of the organization was also at risk in long run. A) What is construct? B) What would be the construct of the present business problem? C) List three (3) most important variables (Dependent, Independent and Moderating) of the present business problem and show their relationships with the help of a chart. Answer: A) Meaning of Construct: B) Construct of the present business problem: C) Variables: 1. 2. 3. D) Theoretical Framework:
- Q.3 A key stakeholder has assessed the elements of your business idea by giving scores to each variable as follows: Offering/core competency = 7; People = 6; Value proposition = 8; Customers = 9. What is the impact of your idea? O a. 72 O b. 56 O c. 48 O d. 42 O e. 63Discuss the basic features of the Balanced Scorecard.3 - Explainhow the Balanced Scorecard links measures to strategy. At the end of 20x1, Mejorar Company implemented a low-coststrategy to improve its competitive position. Its objective wasto become the low-cost producer in its industry. A Balanced Scorecard was developed to guide the company toward this objective. Tolower costs, Mejorar undertook a number of improvement activities such asJIT production, total quality management, and activity-based management.Now, after two years of operation, the president of Mejorar wants someassessment of the achievements. To help provide this assessment, thefollowing information on one product has been gathered: 1. Express Mejorar's strategy as a series of if-then statements. What doesthis tell you about Balanced Scorecard measures?2. Prepare a strategy map that illustrates the relationships among the likelystrategic objectives.1. What does the Balanced Scorecard means? 2. What are the problems with Balanced Scorecard? Explain. 3. Share a company successful using Balanced Scorecard?
- Q4- As you learned in the Learning Activity titled “Ethical and Unethical Business Behavior,” ( managers of corporations face ethical decisions daily. Who is the senior-level manager at ABC Widgets, Inc. in the unethical behavior example? What type of training would you recommend to ensure employees are equipped to make ethical decisions and to avoid what the senior-level manager at ABC Widgets did? What processes could you put in place to allow employees to make anonymous reports of unethical behavior? Finally, who would you designate to administer and manage ethical issues?Please, Solve it briefly .... in detail:Q#02: Explain Nokia new strategy by applying Expectancy Value Model?CASE # 2: THERE IS ONLY SO MUCH REVENUE THAT COFFEE, LATTES, AND PASTRIES CAN BRING IN, SO STARBUCKS PERFORMED SWOT AND QSPM ANALYSIS AND DECIDED TO SPEND MILLIONS ON THREE NEW STRATEGIES: (1) PROVIDE BEER AND WINE, (2) PROVIDE EXPANDED LUNCH AND DINNER MENUS, AND (3) PROVIDE ADVANCED MOBILE ORDERING.SEVERAL KEY FACTORS THAT ENTERED INTO THIS DECISION WERE: (1) THERE HAVE BEEN LONG WAIT TIMES FOR CUSTOMERS TO GET SERVED AS MANY OF ITS LOCATIONS, (2) COMPANY BUSINESS HAD FALLEN OFF 30% AFTER MORNING BREAKFAST, AND (3) PANERA BREAD, ATLANTA BREAD AND DUNKIN DONUTS WERE EXPANDING THEIR MENUS AND GROWING REVENUE 15% FASTER THAN STARBUCKS.STARBUCKS FIVE-YEAR STRATEGIC PLAN IS TO DOUBLE ITS U.S. FOOD REVENUE TO MORE THAN $4 BILLION, WITH WINE AND BEER ALONE ADDING 1 BILLION IN 2015.STARBUCKS NEW FOOD ITEMS INCLUDE TRUFFLE MACARONI AND CHEESE, PARMESAN CRUSTED CHICKEN SKEWERS, BACON-WRAPPED DATES WITH BALSAMIC GLAZE, ARTICHOKE AND GOAT CHEESE FLATBREAD, AND CHOCOLATE ESPRESSO, CHAMPAGNE, AND…
- Q3. Read the following case study and answer the questions that follow: “We all work remotely, and we’re spread out all over,” says Brooke Cowell, VP of Marketing atPrincipia. “It’s difficult to get to know each other better as individuals since we’re not physically all locatedin one place. It makes it hard for us to understand and describe who we are, from a cultural perspective.”Lou Rossi, Managing Partner at Principia, says the leadership team tries their best to bridge the distance gapbetween employees, and build up company culture.“We use technology to keep ourselves connected,” explains Lou. “And our entire team gets together once aquarter. But as much as we try to create those formats to share, it comes down to the individual to reach outand talk to his or her peers.”Recently, the challenge became even more important as the team at Principia started to grow quickly.“We’ve reshaped our team through the hiring process and the company has almost doubled in size over thelast year,”…Strategic Management Question Assess the provided vision statement? “In the last 3 years, we have been growing our sales by 10%”The Case Study: Mike's BikesMike's Shuttle Services, our case-study business, is a new shuttle business. The businessstarted small with Mike transporting customers to key locations in Cape Town such as CapeTown International Airport regularly. In spite of a lot of competition, his business hassteadily grown and he acquired a few shuttle mini-buses recently. He applied for all thenecessary licenses and was approved to he can now legally operate a shuttle business. Hesubsequently also reached out and co-opted the services of a shuttle drivers. His aim is ofcourse to let his vehicles do as many trips as possible, so his drivers are on a schedule torotate daily.Mike has been conducting his daily business on paper and on his cell phone. He recordsbookings he receive on paper so that he can schedule the vehicles and drivers. Mike spends alot of time maintaining all of this data and his current process is error prone because thescheduling of trips and customers, as well as vehicles and…