Explain primary activity in value chain. Give example for each activity.
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Please elaborate as much as you can .Subject Global Strategic Management
Company needs to know its resources and capability in order to know it strengths and weaknesses. To stay competitive, a company should always review its value chain. A value chain describes the process by which businesses receive raw materials, add value to the raw materials through various processes to create a finished product, and then sell the end products to customers.
Explain primary activity in value chain. Give example for each activity.
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- Answer the following items in no more than 10 sentences Explain how factors of marketing and operations affect the competitiveness of an organization. Pick a factor that determines global competitiveness and explain how it affects the competitiveness of an organization. How management practices in Asian countries improve over the years?Consider a South African businesses expanding their operations internationally. List the tasks they need to fulfil in the strategic planning process before going global.You are hired as a consultant by Tokyo Inc. to prepare report based on the undermentioned criteria. Debbie's Chips located in Guyana is apart of the food-processing sector. Debbie's Chips produce products such as potato chips but does not currently operate outside the Caribbean CARICOM region. You will conduct a comprehensive study of the international business environment that is the geography, cultural analysis, history, economic analysis and political analysis of a new country, outside of the region, from which you believe the company and its products could operate profitably (use England). Discuss the following 1. Country analysis of England with links to the product chosen included. i. Geography and History of England ii. Political analysis of England iii. Economic analysis of England iv. Cultural analysis of England 1. Hofstede's dimensions must be included as part of the analysis Hofstede Dimension Please include references, in-text citations, peer reviewed journal…
- Analyse the impact of information technology on competitiveness of global business strategies as portrayed in the below extract. SMC ltd is a subsidiary of the Swedish-based Andvik Group, which operates in 130 countries. SMC is a major supplier and marketer of underground mechanized mining products to the mining and major infrastructure sector. Locally,SMC is run strategically by a board that is mainly non-executive and includes managing director and country manager, Jim Tolley.SMC’s outstanding performance over the last six years is based on a strategy of improving customers’ operational efficiencies and profitability through the development of high-tech engineering products. SMC boasts a global increase of 6% sales growth and a 17% return on capital employed. SMC plans to double in size over the next five years. ‘We make it possible’, is SMC’s slogan.SMC is a service-orientated organization that prioritizes listening to clients’ to ensure that products contribute to long-term…When a company operates in the markets of two or more different countries, and important strategic issue is A) how many profit sanctuaries to try to establish. B) choosing which foreign companies to team up with via strategic alliances or joint ventures. C) whether to vary the company's competitive approach to fit specific market conditions and buyer preferences in each host country or whether to employ essentially the same strategy in all countries. D) whether to use cross-market subsidization to help defeat its rivals. E) whether to test the waters with an export strategy before committing to some other competitive approach.Assume for any product or service of your own choice, in country, show how the political. Market and economic model will affect its strategy of operation. I mean to say discuss the following questions for it. a) In what business is it? b) What are its operational objectives for implementing the mission during the next fiscal year? c) What political, economic, competitive, social, technological, demographic and ecological changes are taking place in the international cotton market, which would affect the mission and objectives of it? d) What are the strengths and weaknesses of it to implement its mission and objectives under changing market conditions? e) What is the combined mission and objectives? g) What actions must be considered in order to implement the strategic plan
- Assume for any product or service of your own choice, in country, show how the political. Market and economic model will affect its strategy of operation. I mean to say discuss the following questions for it. a) In what business is it? b) What are its operational objectives for implementing the mission during the next fiscal year? c) What political, economic, competitive, social, technological, demographic and ecological changes are taking place in the international market, which would affect the mission and objectives of it? d) What are the strengths and weaknesses of it to implement its mission and objectives under changing market conditions? e) What is the combined mission and objectives? g) What actions must be considered in order to implement the strategic plan?In this analysis you must:mention the opportunities and risks of France and Argentina (you can prepare it in the form of a table) and suggest which country should be chosen to expand the business of the local company. Identify, expose and solve the problem or situation raised in your opportunity and risk analysis. indicate how the functional areas of the local company should be modified in the new environment.The global business environment is becoming very complex and dynamic. Managing in such an environment often requires modern solutions for organisations to effectively respond to constant change and competition. The management’s understanding of complex connections between various elements of a system and responding in a strategy manner can remedy this situation. Therefore, when planning and making decisions, many factors should be taken into consideration and their interdependencies should be appreciated Select any organisation that you are familiar with, and act in the capacity of a Business Development Executive, hired to assist your organisation to effectively implement different strategic approaches in order to easily adapt to continuous change in a dynamic business environment and achieve sustainable competitive advantage. Developing a comprehensive discussions document for presentation during your next strategic planning meeting.The document should provide sufficient reference to…
- Identify a company that has expanded or is planning to expand into international markets. The company you identify could be a small firm, a large multinational, or a new start-up going global from the beginning. Your analysis should consider the following: A. A brief overview of the company. what it makes or sells, when it was founded, a number of employees, annual revenues/profits, form of operations. B. Analysis of its international/global strategy. What was the motive for expanding into international markets? You may choose to focus on strategy in a particular region or country or focus on how the strategy changed from country to country. C. For the country you researched in project 1, analyze if this company should enter that market and if so, how...ie export, licensing, franchising, strategic alliance or FDI ASSUME THE COMPANY IS NOT OPERATING IN YOUR COUNTRY NOW, EVEN IF THEY ARE. D. Discuss challenges, obstacles, and setbacks to their globalization efforts and what the firm did…The Shell Oil Company's tagline, "People, Planet, and Profit," is an example of a triple bottom line strategy in action. In your own words, outline how a company's strategy should describe how it plans to create and sustain value for which entities.1. Give examples of market penetration, market development, and product development. 2. Give examples of forward integration, backward integration, and horizontal integration.
