relate these concepts, why is it important in a company? -core competency -above-average yields -tangible and intangible resources -capabilities -value creation
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relate these concepts, why is it important in a company?
-core competency
-above-average yields
-tangible and intangible resources
-capabilities
-value creation
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Solved in 2 steps
- Explain extensively these concepts, in relation to industrial management.-core competency-above-average yields-tangible and intangible resources-capabilities -value creationExplain these concepts, in relation to industrial management.-core competency-above-average yields-tangible and intangible resources-capabilities -value creationExplain extensively these concepts-core competency -above-average yields -tangible and intangible resources -capabilities -value creation
- Explain these concepts giving examples, in relation to industrial management.-core competency-above-average yields-tangible and intangible resources-capabilities -value creationimagine you are in public, and you have to explain these concepts: (in relation to industrial management). -core competency -above-average yields -tangible and intangible resources -capabilities -value creationIn relation to these concepts, what do you conclude? -core competency -above-average yields -tangible and intangible resources -capabilities -value creation
- Some people tend to use the terms effectiveness and efficiency interchangeably, though we’ve seen they are different concepts. But is there any relationship at all between them? Can a firm be effective but inefficient? very efficient but essentially ineffective? Both? Neither?During the analytical process, we considered three approaches to weighing the requirements of the system: a classic way, a modern approach, and a daring new approach. As part of your investigation, you've considered several approaches. Which strategies do you think have the most upsides and which have the most downsides, and why?Does every company have to cascade the balanced scorecard to lower levels of organization? If they do, for how many levels the cascading needs? What is the basis an organization to do cascading balanced scorecard to more levels low (lowest)?
- Question: Business Discuss the following once you have read the case study below: Using Porter’s generic strategies, identify and evaluate the business-level strategy used by Ackermans. Discuss how Ackermans’ management can use absorptive capacity to ensure successful innovation. Case Study: Ackermans offering Gus Ackerman opened the doors to the first Ackermans store in 1916 in Wynberg, Cape Town, with a vision of making value-for-money products affordable to everyone. Today, there are more than 890 Ackermans stores operating in six countries, and his vision remains at the heart of them all. The Ackermans brand appeals to the value-seeking consumer and attracts a broad audience. Ackermans customers juggle many roles and responsibilities and are generally strongly family-focused. Ackermans offers value-for-money products at competitive prices, along with multiple payment options. These are supported by a strong service culture, a focus on store accessibility and a busy promotions…Balanced scorecard (BSC) is a strategic management performance Metric that helps companies identify and improve their internal operations to help their external outcomes. It measures past performance data and provides organizations with feedback on how to make better decisions in due course.(a) What are the four key perspectives of Balanced Scorecard ? ps/I need long explanations for this homework(Black A ) QUESTION: "Work is also assessed in today's firms with the goal of boosting competitiveness and success." Do you believe the assertion that you should receive a large salary in exchange for your self-satisfaction?