What is more important for a firm–profit maximization or value maximization? What issues or conflict of interest can come up between owners and managers and how can they be solved?
Q: What are the types of a business ?And what are the caracteristics of each type ? Please give…
A: The various types of business are : Sole proprietorship: It is a separate organization. It is owned…
Q: Do you think it is appropriate to hold profit center managers responsible for the impact that the…
A: Profit center is the segment in the organization in which there will be revenue arise in that…
Q: Description 1. Analyze the five forces within the industry you choose and identify each as Strong.…
A: Marketing is an activity a firm does to promote the buying or selling of a product or service.
Q: the concept of competitive advantage is central to your company
A: Competitive advantage – The competitive advantage refers to the factors that allows the company to…
Q: Could a firm simultaneously pursue focus, differentiation, and cost leadership? Should firms do…
A: Focus differentiation and cost leadership are genetic strategies which firms are applying in their…
Q: Discuss how your personal core competencies help you create value for the business where you work,…
A: Core competencies are the characterizing capacities or preferences that a business may have that…
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A: The pandemic, Covid-19 has hit many industries more than they were affected by any other crises.…
Q: What is your organization`s competitive advantage?
A: Competitive advantage refers to factors that permit an organization to produce goods or services…
Q: What strategy should a business manager follow to increase the competitiveness of his business?
A: Competitive advantage refers to an attribute that can make a company outperform its competitors by…
Q: Why do progressive firms actively practice value analysis?
A: Value analysis is a tool or an approach that improves the value of the product/service produced. It…
Q: What are the assets, capabilities and core capabilities of the business? What are the capabilities…
A: In general terms, assets are those resources that can be valued in terms of money. From the…
Q: solid strategy would ensure the organisation success
A: Establishing an in-depth as well as the targeted solid strategic plan is crucial for the expansion…
Q: From a company's CFO perspective what is more important, cost control or customer responsiveness?…
A: The practices followed by the company to identify and reduces the expenses related to the business…
Q: Explain the importance of the IS in the organization Will the IS result in a positive Return On…
A: Information system refers to system of gathering information and data from different source.
Q: Which factors are important from the environmental perspective to promote improved competitiveness?
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What do you think the most difficult aspect of operationalizing strategy through different business…
A: From a personal standpoint, the most significant challenge that will face the operationalization of…
Q: What are the four attributes that seem to affect overall competitiveness and innovation?
A: Competitiveness: Competitiveness is often described as a personality trait. ... People who are…
Q: State the six steps in managerial decision making that lead to competitive advantage?
A: The future of a company depends on the sound decision making ability of the mangers. Therefore,…
Q: Considering that you are opening a new business of your own, so to know about the competitive…
A: The Porter five forces model is an analysis tool that is used to analyze the competition faced by…
Q: How do the five competitive forces in Porter’s five forces model affect the average profitability of…
A: Porter's Five Factors is a model that identifies and analyses five competitive forces that define…
Q: Explain the five transitions that had disruptive effects in the business environment in operation…
A: The following are the five changes that had a disruptive effect:
Q: Considering that you are opening a new business of your own, so to know about the competitive…
A: Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape…
Q: The other term used while taking decisions is also known as Select one: a. Strategic scale O b.…
A: A strategy is made into existence for achieving any goal. A good strategy lays out specific actions…
Q: Can competitive strategies be sustained? Why or why not?
A: Competitive strategy work in a long-duration organization's plan to maintain their market status and…
Q: An economic downturn has significantly impacted Avondale Industries, and, as a way of reducing costs…
A: Quality of labor has a great impact on the productivity and growth of the organization. Labor is the…
Q: If we are successful, which firms will be hurt (lose sales or sales opportunities)?
A: In monopolistic competition market structure, there are more number of firms. Therefore for firms in…
Q: What does a business have to consider when trying to follow a cost leadership strategy and a…
A: 1) Price leadership strategy could be a corporation's capacity to style and produce,market a similar…
Q: When you say you have a competitive edge, what do you mean?
A: Disclaimer: Since you have asked multiple question, we will solve the first question for you. If you…
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Q: Visit and explore the Peloton website (www.onepeloton.com). Whatdemographic, social, and technical…
A: The prevailing market trend and customer behavior become the basis for the concept of marketing.…
Q: What is value chain analysis? What does the firm gain by successfully using this tool? What is…
A: Value chain analysis- Value chain analysis is the process of looking at the activities which go into…
Q: There are some corporate strategists who have suggested that firms focus on maximizing market share…
A: Corporate strategy:- Corporate procedure is a remarkable arrangement or structure that is long haul…
Q: What is the significance of key success factors and core competencies?
A: When making a proper strategy business houses consider a combination of both success factors and…
Q: Differentiate between centralized and decentralized operations. In a decentralized company in which…
A: Organizations follow there own set of hierarchy with which they are comfortable. Decisions are made…
Q: Do you think it is possible to sustain over a long-run without formulating multi business strategy?…
A: Procedure is the means by which targets are sought after and acquired over the long run. It's the…
Q: Why is a company's strategic map important to create
A: Every company is a collection of individual factors in a value chain that leads to results and…
Q: In what type of industry do you see linear programming as the most beneficial? Why is that?
A: IntroductionLinear programming is a mathematical technique that is used to determine the best…
Q: What does it mean for a firm to have a competitive advantage? What gives a firm a competitive…
A: Companies use different strategies to be ahead of their competitors and sell products and services…
Q: How difficult is it to createsustainable competitive advantages?
A: Firms can procure sustainable competitive advantage by executing value-creating strategies which not…
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- How does an organization enhance its agility? When is more agility needed in the firm?this is a management question ... how can an organization's values contribute to its competitive advantage and long-term success?What model strategy does Shockwave employ? Industrial Organizational or Resources-Based View of the Firm? How can you tell?
- 1 – According to the I/O model, what should a firm do to earn above-average returns? 2 - What does the resource-based model suggest a firm should do to earn above-average returns? 3 - Why is it important for a firm to study and understand the external environment? 4 - What are the differences between the general environment and the industry environment? Why are these differences important? 5 - How do the five forces of competition in an industry affect its profitability potential? Explain. 6 - Why is it important for a firm to study and understand its internal organization? 7 - What is a business model and how do business models differ from business-level strategies? 8 - How do awareness, motivation, and ability affect the firm’s competitive behavior? 9 - What is corporate-level strategy and why is it important? 10 - What motives might encourage managers to over diversify their firm?Write a report on the TiVo/Aereo value proposition and the four Ps and the potential for replicating the business model in other countries?See if you can identify the value chain relationships that make the businesses of the following companies related in competitively relevant ways. In particular, you should consider whether there are cross-business opportunities for (a) transferring competitively valuable resources, expertise, technological know-how, and other capabilities, (b) cost sharing where value chain activities can be combined, and/or (c) leveraging use of a well-respected brand name. LO8-1, LO8-2, LO8-3, LO8-4 Bloomin’ Brands Outback Steakhouse Carrabba’s Italian Grill Bonefish Grill (market-fresh fine seafood) Fleming’s Prime Steakhouse & Wine Bar L’Oréal Maybelline, Lancôme, Helena Rubinstein, Kiehl’s, Garner, and Shu Uemura cosmetics L’Oréal and Soft Sheen/Carson hair care products Redken, Matrix, L’Oréal Professional, and Kerastase Paris professional hair care and skin care products Ralph Lauren and Giorgio Armani fragrances Biotherm skin care products La Roche–Posay and Vichy Laboratories…
- e. this is a management question ... explain how can an organization's values contribute to its competitive advantage and long-term success?2. Explain the problems we would have if there was a “law of entrepreneurship.” 3. How does each of the four attributes of resources contribute to SCA? 4. What is the difference between competitive advantage and sustainable competitive advantage?Could a firm simultaneously pursue focus, differentiation, and cost leadership? Should firms do that? Discuss and explain in details.
- You have been presented with four business tools for analyzing businesses: SWOT analysis, Five Forces Model, Three Generic Strategies, and Value Chain Analysis. Continuing to assist CIO Bob Stetzel, you need to recommend to him which tool or tools would be appropriate for Bob to use in analyzing VTB. What is your recommendation and discuss why you are recommending the tool or tools you have selected?Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the company 2. Using Porter's Five Forces framework, analyse the attractiveness of the global steel Industry in Severstal which ope Support your analysis with evidence from the Severstal case study. 3.Using Porter's Generic Strategies, analyse the competitive strategy employed by Unilever.Support your analysis with evidence from the Unilever case study. 4. Using the Ansoff's matrix, analyse the direction of growth that Unilever has undertaken to grow their busi Provide recommendations for Unllever's future growth.What do you think the most difficult aspect of operationalizing strategy through different business functions would be? Do you believe that the problems change depending on the situation?