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- Reaction to discussion below. Do you agree or disagree? Any additional thoughts? It is important to understand that for a business to succeed, being motivated and hardworking does not guarantee a good positive outcome for the company. There are other key factors that have to be in place in order to put the company on a path for success. These factors include effective planning and decision-making with a systematic approach that considers the available information, the goals and objectives of the organization, and the potential outcomes of different decisions. One of the companies I admire the most today is Apple. I because of how it started and all the changes they had to go through to become the company they are today. Apple is well-known for its innovations in hardware, software, and services. Thanks to them, it grew from some 8,000 employees and $7 billion in revenue in 1997, the year Steve Jobs returned, to 137,000 employees and $260 billion in revenue in 2019. Much less well…Assume that an amazing job is offered to you by a campus to collect funds for the SZABIST’s sports program and you accepted that offer. You are now told to draft a fundraising letter. If you want to raise as much money as possible, would it be better if the text of that section mentioned that your business school is ranked among the best leading university in the nation in sports or that you are better than 99 percent of other businessschools at sports? Explain this behavior?how to respond to this in 100 words? A stability strategy is a corporate strategy that focuses on maintaining the current business operations and staying consistent with existing products, markets, and business processes (Parnell, 2017). This strategy aims to avoid major changes and risks, and instead, focuses on optimizing efficiency and profitability within the current business model (Wang et al., 2020). There are many reasons why an organization may choose to adopt a stability strategy, as this strategy is usually adopted when a company operates in a stable industry with limited growth opportunities and has achieved a dominant market position (Parnell, 2017). Oftentimes, stability strategies are employed during times of uncertainty or economic downturn, making core business and resource conservation a priority (Wang et al., 2020). Although stability strategies appear to be less dynamic and aggressive in comparison to growth or innovation-focused strategies, stability strategies can,…
- TIME FOR THE Ax? The Situation You are the sales manager for a well-established medical equipment company. You've been with the company a long time and, generally, you really enjoy your job. The company's new president is interested in proving herself and has set a goal of 10 percent sales growth per year. Each sales representative has a quota that they are expected to meet. Those who exceed their quota will receive a bonus, and those who fall short of their quota will be fired or placed on probation. The Dilemma Your sales staff have worked really hard over the past year to meet their new quotas. Six of the eight representatives met their quotas and received bonuses. However, two others have fallen below. Jane fell 2 percent short of her quota and you're not surprised. She's not hard working and often leaves work early to play golf. Bill, on the other hand, has been with the company a long time and is widely respected for his work ethic. However, he's struggling to care for his sick…"Quantitative Analysis using Statistical techniques helps us reaching qualitative business decisions" Provide strong justification in favor or against the statement?You are the IT director at Attaway Airlines, a small regional air carrier. You chair the company’s systems review committee, and you currently are dealing with strong disagreements about two key projects. The marketing manager says it is vital to have a new computerized reservation system that can provide better customer service and reduce operational costs. The vice president of finance is equally adamant that a new accounting system is needed immediately because it will be very expensive to adjust the current system to new federal reporting requirements. The VP outranks the marketing manager, and the VP is your boss. The next meeting, which promises to be a real showdown, is set for 9:00 a.m. tomorrow. How will you prepare for the meeting? What questions and issues should be discussed?
- Comment on the following goals and revise these, if necessary, according to the ideal characteristics of goals (SMART/FAST). Justify your answers well and provide context to your answers. a. I want to run the best restaurant in Los Baños.Task: Respond to the Discussion A discussion response is meant to allow a person time for personal reflection in order to respond thoughtfully to a topic following a group discussion in which ideas and thoughts were exchanged on a particular topic or issue. Discussion: Establishing a sustainable services marketing strategy is key for businesses. This can be done by offering services that have high value proposition, high quality, and benefit the environment (Wirtz & Lovelock, 2018). Businesses must ensure that it is not only a solid plan for the short term, but that it is a plan that will continue to grow with the company and be beneficial in the long term. As companies grow their marketing strategy might change, but there are essential questions that it should always be able to answer. This includes, why are you doing what you are doing? What is the purpose of the company and what they are selling? What are the goals it wants to achieve? How can it achieve those? How are they…The 'Dragon's Den' is a reality television show where entrepreneurs pitch their business ideas in the hopes of securing an investment from the team of investors also known as "The Dragons". In this activity, you are an entrepreneur pitching your new idea to the Dragon's Den. You will need to create one of the following options to pitch your idea: • Video • Website • PowerPoint . Written Report
- As would-be Entrepreneur, you are tasked to write down at least 3 career opportunities which attract you most. Indicate what competencies you need to enhance in order to become successful in these opportunities. Write your answer in the space provided.Hi, could you help me answer a question, it would help me with my understanding of the subject. The question is the following “ What are the advantages and disadvantages of self-financing a new business?”. Would you be able to answer this question in about 1000 words, please? Thanks in advanceReplace this text with your response to the following in 750–1,050 words (10–14 paragraphs): For this prompt, consider your personal and professional goals, including (but not limited to) such topics as self-enrichment (health, relationships, etc.), family life, social awareness/social change, finances, personal achievements, professional/career goals, leadership, etc. After considering these topics, address the following: Identify three to five things that you want to work on related to your personal and professional success. Describe the steps you will take to address each of these ideas. Explain how you will accomplish these steps (i.e., what is your plan?). Identify who can help or support you with these steps. Determine by when you will accomplish these steps (i.e., when is each due?). Based on your responses in items a–e, compose one SMART goal for each of the things you identified that you want to work on related to your personal and professional success.