True/False question, provide a detailed justification for the answer, whether it is true or false, using an example Business strategy is a firm's theory of how to gain a competitive advantage by operating in several businesses simultaneously
Q: Amazon as an e-commerce platform is consistent in offering the personalized and customized service…
A: The expression "mass customization" was instituted by Stan Davis in his 1987 book, Future Perfect.…
Q: TRUE or FALSE: “In the five forces framework, an industry that experiences rapid growth is generally…
A: * False
Q: New client accounts have significantly decreased and existing customers are complaining that they…
A: Customer retention refers to the method of conducting different activities that will help to keep…
Q: What are some of the key reasons that a customer remains loyal to a product, a service, or an…
A: The basic reasons behind winning customers trust and loyalty towards the brand/company are explained…
Q: Outsourcing creates an opportunity for the company that is outsourcing a product, to reduce their…
A: Outsourcing - Outsourcing is the business practice of hiring a party outside a company to perform…
Q: You are a team leader of a Customer Service center in a medium sized bank. Recently you notice there…
A: Leader: A good leader should have patience, knowledge, and the required skills to convince the…
Q: Pay level is the average amount (including wages, salaries, and bonuses) the organization pays for a…
A: The pay for a particular job largely depends on various factors such as job responsibilities, nature…
Q: When a firm moves into a new territory, and conflicts exist between the firm's organization culture…
A: The composition of the organizational culture reflects the national values. The language, symbols,…
Q: True or false STEEP analysis considers the general environment of a company and is not focused on…
A: There are various methods that an organization may use to evaluate its internal and external…
Q: Which of the following are buying-related activities, in contrast to selling-related activities?…
A: Purchasing MP3s from an online retailer Using a credit card at a grocery checkout counter Giving…
Q: Coca-Cola has come up with a new formula. They want to know if the product is going to be a success.…
A: * Introduction - Coca - Cola is an American based Beverage giant that was first introduced in 1886,…
Q: The business philosophy incorporating the marketing concept where the focus is on satisfying the…
A: * Option A , Consumer orientation .
Q: Which of the following is not a strategy for student success? Regularly attending and participating…
A: Strategy- this is a planning made by the high authority that can help in achieving the long term…
Q: If the existing firm has high brand image and customer loyalty, they act as a high entry barrier for…
A: Brand Image : Brand image is referred as the reputation of the organization in front of the people.…
Q: What is the need for Human Resource Planning? Question 20 options: For undergoing an effective…
A: What is the need for Human Resource planning? Ans- All of the above
Q: When a person is given the permission to spend the organization’s money on activities that will…
A: When a person is given the permission to spend the organization’s money on activities that will…
Q: Give very short answers to each of the questions below. Suppose you work in a corporate firm as a…
A: The quality and service provided by the companies and their staff directly affect the purchasing…
Q: To increase a company’s performance, a manager suggests that the company needs to increase the value…
A: Performance is a standard of productivity. In a competitive environment, performance might be a…
Q: Give 5 essentials of a good business letter. Suppose a situation where you must write a business…
A: The letter is the first-born process of sending a message. At the moment, despite the telephone and…
Q: Recall that many of the sources of low cost that AirAsiaX used were policy choices, like tight…
A: Competitive advantage - In today's competitive business environment, a business can maintain an…
Q: If a pharma company has introduced a new high-tech product in the market which is used in during…
A: For the marketers the best marketing research technique seems to be the qualitative research method.…
Q: Unlike management reserves, contingency reserves are not likely to be spent and are not part of the…
A: Project budget: It is the estimation of the cost involved in the completion of the project. The…
Q: If you have your own business, how would you consider that your business is in good direction…
A: In the given scenario, we are provided with a hypothetical situation wherein we own a business; we…
Q: Come up with a situation where you think it would be useful to calculate Expected Value of Perfect…
A: The Simulation Analysis is a strategy, wherein endless computations are made to get the potential…
Q: Situation: Justin was starting his agency, and one client was giving 60% of their revenue, but they…
A: Companies take decisions every day if they understand the situation earlier, then more reliable and…
Q: Choose any company with multiple outlets/stores that you are familiar with State the name of the…
A: 1. Company Z has multiple outlets in many countries. It deals in apparels and fashion accessories.
Q: A company received 500 applications for a specific position.30 were given an assignment test. Only…
A: The yield ratio is the percentage rate of candidates that passes from one stage to another of the…
Q: The organizational structure of a firm employing a cost leadership strategy is more likely to have a…
A: Cost leadership strategy is nothing but the business-level strategy that is applied by the…
Q: Operation management Please Answer Question 1 Imagine you have recently joined in the advertising…
A: Since the introduction of the Coca-Cola scheme in India in 2000, HCCB has produced Kinley, the…
Q: A firm is a political entity; registration of a Firm gives it a status of a legal entity, a citizen…
A: Not all business forms have a separate legal entity in the eyes of law. However, some business forms…
Q: Which of the following does NOT contribute to the increasing vulnerability of organizational…
A: Information systems are vulnerable to destruction, error, etc. due to a lot of factors usually…
Q: Tom Hankss has been tasked with identifying how he can keep his store operational immediately…
A: With most of us focused on building and rising business, we might be overlooking a crucial…
Q: Employers should be allowed to fire or hire employers based on variables (including vaccination…
A: Human Resources Human Resources is the division of a company that is responsible for recruiting,…
Q: Assume your organization is seeking for new professors for your project management class. Create a…
A: Project Quality Management: One of the most important aspects of any firm is project quality…
Q: A task on a WBS or Gantt chart is dependent if ________. Group of answer choices It cannot begin…
A: Gantt chart is a tool for project management. Gantt chart provides a visual representation of the…
Q: The only employer brand that matters is salary. If an employer pays a competitive or slightly higher…
A: Employer branding refers to the process of influencing job seekers, employees, and others by showing…
Q: ou are on a panel of a dispute resolution between three engineers working in the same section of a…
A: In every organization, there are a number of employees working and in every organization, there are…
Q: 19 Having an office in a shopping mall works well for a marketing research supplier because _____.…
A: Having a office in shopping mall definitely helps in longitudinal studies which can be easily…
Q: A business proposal is a document proposing a business arrangement between an organization and…
A: Answer - (b) - a business plan As per given context A business proposal is a document proposing a…
Q: Which of the following sentences has the same meaning as the following: ‘The revenue earned by XYZ…
A: The given statement states that the revenues for XYZ cosporation provided fluctuated returns. This…
Q: It is better to use a direct cutover strategy when employees are resistant to the implementation of…
A: Above question is answered below:
Q: Which of the following is NOT a characteristic of a sustainable competitive advantage? - That it…
A: Sustainable competitive advantage refers to the ability of a company to enjoy a superior competitive…
Q: 3. TRUE or FALSE: An entrepreneur creates a blog and chooses to form a sole proprietorship instead…
A: Entrepreneurs are individuals who take risks and puts lots of effort in order to produce the desired…
Q: Juhaina, who is appointed as a software engineer, thinks that she will not need to have any writing…
A: Case: Juhaina joined as software engineer not as writer so she thinks writing…
Q: A bid for a construction project has just been awarded. What happens next? a. Owner provides…
A: A bid refers to a tender, proposal or quotation which is submitted for solicitation from party who…
Q: Which of the following represent the synergies that a multi-business firm can claim across its two…
A: Financial synergy is described as the synergy that occurs when two companies operating separately…
Q: Why does firm wide pool is the best method to be used if the purpose of the company in granting said…
A: The bonus can be defined as the part of the pay in which an organization pays its employees for the…
Q: Justify how a business can implement the cost leadership strategy to help to profitably increase…
A: Cost leadership is a business strategy used by organizations that want to achieve a competitive…
Q: Which of the following is true about the Blue Ocean Strategy? Companies should try to outperform…
A: Blue Ocean strategy is explained as the strategy which focuses on differentiation and aims at…
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- 11. If an IS organization is viewed as a cost center/service provider, its strategic planning process is typically directed inward and focused on determining how to do what it is currently doing but doing it cheaper, faster, and better. a. True b. False 14 The strategic plan of an information system (IS) must identify those technologies, vendors, competencies, people, systems, and projects in which an organization will invest to support the corporate and business unit strategies. a. True b. False 16. The release of a new and more powerful mobile computing device or data-crunching software package can influence the strategic plan of an information system. a. True b. FalseNeed help answering the following question in a well written paragraph. Two recommendations (based on the new product development process) that they should do before deciding to launch or not. *article listed below Sam and Micaela first met while studying marketing at San Juan College. Both were ambitious and had plans to run their own businesses. Over time they decided to start a business together. Initially they spent many months discussing what sort of business they should go into. They considered various service businesses, like consulting or an internet- based training offering. However, it was eventually an opportunity in the children’s toy market that appeared to have good potential. They had observed that parents were becoming increasingly time-poor and, as a result, had less time to spend with their children. And in order to compensate for this, the parents typically spent large amounts on their children to entertain them. Obvious examples were the success of PlayStations,…This assignment will require you to research, discover, analyze, and write a complete Business Report. "FIRST IN-N-OUT BURGER OPENS -- Harry Snyder introduces California's first drive-thru hamburger stand in a space barely 10 square feet at Francisquito and Garvey in Baldwin Park. Every day before dawn, Harry visits the meat and produce markets to pick out fresh ingredients, which he prepares by hand. Meanwhile, his wife Esther diligently takes care of all the accounting for the new restaurant at their home right around the corner. It's been a few years since then, and In-n-Out Burger is now a favorite of millions. Your Team Research Project is designed as a business case study to improve the operations of this very successful company. (Note: With instructor approval, your team may change the focal company of this project, as long as you maintain the intent of the project.) Your report will contain these elements: Company Background (Past, Present, and Future) Current Business Model…
- Company: Accor Hotel Analysis of the firm Use an appropriate technique to evaluate the firm’s key capabilities and competitive resources identify any resources or capabilities which might be the basis of competitive advantage list-making and assertions are not appropriate; this section should show an ability to apply a suitable technique of analysis Recent firm performance should cover the past four to five years financial performance could include profitability, productivity or efficiency ratios (as appropriate for your firm) identify trends and explain anomalies (can you link them to other sections of the report?) contextualise firm financial performance (compare to industry average or key competitors) marketing performance could include an evaluation of the brand(s) and other marketing metrics available, such as customer loyalty/customer churn rate, return on advertising spend, customer acquisition costs, average lifetime value of customer, amongst others base marketing and…109) Jay Minkoff at First Flavor may use the Boston Consulting Group (BCG) matrix to help him make decisions for his firm. What does he need to understand about the purpose of the matrix and the four categories of the BCG growth-market share matrix? 110) When analyzing its portfolio of businesses with the Boston Consulting Group model, Disney views its movie brand as a star. What does this mean? 111) The BCG matrix is a useful approach to evaluate current businesses. Describe a tool that you could use at a firm to decide how to make growth happen. 112) Briefly describe the four qualities SBU objectives should have. Why are these qualities important?What is the main goal of the executive summary section of a marketing plan? summarize everything in the plan in no more than two pages summarize plus highlight why people should invest in this venture present a strong SWOT analysis as well as 5-year financial projections QUESTION 2 According to HubSpot’s top statistics on customer service, ________ percent of the customer experience or journey depends on how they are being treated. 25 35 50 QUESTION 3 How does process add its value to the 7 Ps of the marketing mix? building trust through efficient procedures communicating benefits to customers conveying value through atmospherics
- Statement: If the manager increased the price and operated at maximum capacity, the cafe would be profitable.Truthfulness: False If the cafe operates at the break-even price for their maximum capacity, it means that their revenues would be just enough to cover their costs, resulting in a breakeven point. There would be no profit in this scenario. Increasing the price while operating at maximum capacity may generate higher revenues, but it does not guarantee profitability as it depends on the costs involved. Statement: If the cost of coffee increased during the week, but the price remained the same, the cafe would still break even.Truthfulness: False If the cost of coffee increased while the price remained the same, it would directly impact the variable costs per cup. This would lead to a decrease in the gross margin per cup, and therefore the cafe would not break even. The increased cost of coffee would reduce the profitability unless the price is adjusted to compensate for the higher…V1 Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices. 1. Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company's financial statements. The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.Company G Competitor analysis. The competitor analysis report is a detailed investigation into your close competitor(s) and your firm. Use the Competitor Analysis Report (Appendix) format to do an analysis of your firm's own competitive situation. Your grade includes a consideration of the thoroughness and usefulness of your graphics, but not the "fanciness." I really don't care if you do some graphs by hand, as long as they are neat and get the key point across. If any of the questions in the Competitor Analysis Format are not relevant, just give a brief sentence explaining why. (For example, if you have never competed in Private Label, you may just state briefly why you do not participate in private label and why you consider the trends in that market not relevant for your firm.) Remember that graphs are an excellent format for condensing complex information into a meaningful format. Be thoughtful about how to best highlight the points of interest for each component of the…
- Ma4. JE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) A company's business section of the annual report provides vital information about the company's products, its marketing and promotion, sales and distribution strategies, product design and development, manufacturing and quality assurance, and inventory management. 1._______________ 2) Learning about what's happening in the industry, markets, general economic conditions, trends in product development, and specific company strategies puts a company's numbers in context and helps you understand why they turned out as they did. 2._________________ 3) Accounting data should paint a picture of the results of implementing a particular business strategy by a company. 3._______________Ani offers piano lessons in her home - students come to her home studio for their session. Sal also offers piano lessons, but he offers them virtually - students stay in their homes, and video conference with Sal for their session. Sal's business is in the same product category - piano lessons - but meets customers' needs in a slightly different way than Ani. For Ani, what type of competitor is Sal? a Indirect competitor b Substitute c Direct competitor d AlternativeCompany Name: Jollibee Foods Corporation Highlights of your dashboard includes brief information of the company, latest financial information and stock prices