...1. (TCO 7) Which of the following statements describes an advantage of job specialization? (Points : 2) Employees become experts. The development of equipment is facilitated. Managers can exercise greater control. Managers become experts. All of these choices 2. (TCO 7) Which of the following is NOT an alternative to job specialization? (Points : 2) Job rotation Job delegation Job enrichment Job enlargement Work teams 3. (TCO 7) Which of the following is the MOST commonly used basis for departmentalization, especially among small businesses? (Points : 2) Location Function Product Customer Sequence 4. (TCO 7) The two universal approaches to organization design that represent the foundation of what we know about organization design are (Points : 2) classical and scientific. administrative and classical. bureaucratic and behavioral. bureaucratic and scientific. behavioral and administrative. 5. (TCO 7) ____ are internal organizational factors that can influence the organization design selection. (Points : 2) Organization size and the organizational environment Slack resources and technology employed Technology employed and the organizational environment Organization size and the technology employed Slack resources and size 6. (TCO 7) As organizations...
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...Before you begin this assignment, be sure you have read the “Wobbly Wheels Case Study,” as well as Chapter 21, Service Management, and Chapter 22, Balancing IT’s Workload. You will also need to review any feedback you received on your IT Strategic Plan assignments. Purpose of this Assignment This assignment gives you the opportunity to apply the course concepts to address the organizational changes needed to evolve the information technology (IT) department into a true CIO organization to support the Wobbly Wheels Distribution Company (WW). This assignment specifically addresses the following course outcome to enable you to: explain the roles and responsibilities of an information technology department to support an organization’s IT strategy CIO Organization Memo For this assignment, you will assume the role of the Chief Information Officer (CIO) at WW (i.e., you are Carol). Since you are WW’s first CIO, the Chief Financial Officer (CFO) has asked you for a plan for the organizational changes you need to make. One of the first things you realize is that the organization that exists is just an ‘IT Department’ and you know that what WW needs, and has hired you to do, is to create an organization that fulfills the broad responsibilities of a Chief Information Officer. You know that your proposal needs to be convincing to the CFO in order for you to get the resources you need. Assignment You will develop a memorandum addressed to the CFO that explains how you want to change...
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...Sustainable Solutions Paper [Elizabeth Cole] DBA Strategy [Dr. Timothy Malone] [05/28/11] Sustainable Solutions Paper [Use this template for the sustainable solutions paper exactly as written. Do not add an abstract and do not add additional headings or delete any headings. Provide a brief introduction to the paper here – introduce the subject and tell the reader what will be covered – be specific – provide a list of key sections that will be covered. This is called a “preview;” it is not a synopsis. Note: the word “introduction” is not required in APA. Note: All required headings are provided in this paper – level 1, level 2 headings and are in APA format. DO NOT delete them; just delete the text with [ …] and respond to each heading as the weekly assignments require. Subordinate headings – level 3 are also provided – just respond to them and do not delete them. This introductory section should be about ½ to ¾ of a page and is worth 2 points.] Executive Summary (2 points for week 4 and 9 points for week 7) Maersk Line, (ML) sustainability strategy consists of integrating sustainability systematically throughout all business processes which should indicate the competitive advantage (www.maersk.com[->0]). The name of my Sustainable Resolution Paper is, could ML sustainability strategy be too aggressive? There are five areas of concentrating (group standards, performance management, and trend spotting, stakeholder engagement, capital expenditure, and...
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...be incorporated into a marketing strategy to achieve stated objectives. Examines pricing strategy over the life cycle of products. INSTRUCTIONAL MATERIALS Required Resources Nagle, T. T., Hogan, J., & Zale, J. (2011). The strategy and tactics of pricing: a guide to growing more profitably (5th ed.). Upper Saddle River, NJ: Prentice Hall/ Pearson. Supplemental Resources Berry, L. L., & Yadav, M. S. (1996). Capture and communicate value in the pricing of services. Sloan Management Review, 37(4), 41-51. Marn, M. V., Roegner, E. V., & Zawada, C. C. (2003). Pricing new products. The McKinsey Quarterly, (3), 40-49. Nagle, T. T., & Cressman, G. E., Jr. (2002). Don’t just set prices, manage them. Marketing Management, 11(6), 29-33 Simon, H., & Dolan, R. J. (1998). Price customization. Marketing Management, 7(3), 11-17. Smith, G. (1995). Managerial pricing orientation: The process of making pricing decisions. Pricing Strategy & Practice, 3(3), 28-39. COURSE LEARNING OUTCOMES 1. Analyze the key elements of strategic pricing and the role of pricing decisions in marketing strategy. 2. Evaluate the impact assessing value has on pricing strategy and profitability, and the importance of market segmentation. 3. Analyze the application of various pricing strategies and tactics to develop and manage an overall pricing strategy for a company. 4. Evaluate the effectiveness of price and value communication strategies. 5. Assess and create pricing...
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...1. | Question : | (TCOs 6 & 7) Today, women of color in the workforce | | | Student Answer: | | experience dual privileges because of their race and gender. | | | | are not as hampered by the glass ceiling as white women. | | | | are less apt to be promoted or to sit on corporate boards as white women. | | | | benefit greatly from formal mentoring programs. | | Instructor Explanation: | Chapter 22, p. 137 | | | | Points Received: | 0 of 5 | | Comments: | | | | Question 2. | Question : | (TCOs 6 & 7) A change that can be implemented to enable a qualified person with a disability to perform key job functions without unduly burdening the employer is called | | | Student Answer: | | reasonable accommodation. | | | | substantial limitation. | | | | undue hardship. | | | | unreasonable accommodation. | | | | marginal function. | | Instructor Explanation: | Chapter 28, p. 182 | | | | Points Received: | 5 of 5 | | Comments: | | | | Question 3. | Question : | (TCOs 6 & 7) The term white privilege means that | | | Student Answer: | | White people have more money than people of color. | | | | Most white people have a deeper understanding of racial issues than people of color. | | | | Whites have unearned advantages that they often are not aware of having. | | | | Racism no longer exists and blacks or other racial groups have...
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...Positioning. Jul 22 - Jul 28Week2 Strategic Planning and Positioning Jul 22 - Jul 28 / 13 points Tasks Complete the Learning Team Charter. Objectives/Competencies 2.1Identify the components of an effective marketing plan. 2.2Conduct a SWOT and competitive analysis. 2.3Apply the market research process in discovering and answering business questions. 2.4Apply a segmentation model to create a target market and develop a positioning statement. Learning Activities Required Reading Basic Marketing, Ch. 2 43 Reading Basic Marketing, Ch. 3 14 Reading Basic Marketing, Ch. 4 11 Reading Basic Marketing, Ch. 7 10 Reading Basic Marketing, Ch. 18 7 Discussion Favorite Brand Discussion 24 Discussion Product and Organization Selection and Approval 6 Discussion Research and Discussion 3 Video The Five Competitive Forces That Shape Strategy 1 Video Target: Inside the Bullseye 2 Video Positioning 11 Video Marketing Research and Segmentation 4 ERR Week 2 Electronic Reserve Readings Assignments ASSIGNMENT STATUS FRIENDLY NAME TITLE DUE DATE POINTS UNREAD COMMENTS Participation Week 2 Participation Due Jul 28, 11:59 PM /3 Presentation Marketing Mix Presentation Submitted /5 5 Paper Personal Branding Plan Paper Due Jul 28, 11:59 PM /5 Total Points /13 Course Progress 4.7 / 8 (58.75%) of points so far 100 points total All Assignments » Course Overview Jul 15 - Aug 18 This course develops an understanding...
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...considers concepts of Business Strategy and Corporate Level strategy in chapters 4 and 6. Chapter 7 incorporates growth strategies related to Acquisitions, Mergers, and Leveraged Buyouts. The Group assignment for Week 4 provides one example of an organization (HCA) that utilized all three of these strategies over a period of 35 years. Using that information, and the history provided in the attached PDF file, research the HCA organization and after conducting a SWOT analysis, respond to the following Questions. 1. Chapter 6 focuses attention on Strategic Actions and Strategic Formulation and emphasizes Corporate Relatedness and the Transfer of Core Competencies on page 171. What were HCAs core competencies and how did these competencies build Value for the company? What type of Business Level strategy did they pursue when the company began in 1968? 2. Over a period of years (1968-1985), HCA acquired many small rural hospitals; many of which were struggling to fund new technologies necessary to provide care to the citizens of their communities, and responding to new Federal Government regulations related to Medicare and Medicaid (1965). In the late 70's and early 80's HCA began to acquire competing investor-owned health care companies . Compare and contrast these strategies to the text reference relative to Restructuring of Assets outlined in Chapter 6. What role, if any, did the General and Competitive environment play in these strategies? 3. Consider the comments of...
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...following payoff table based on whether economy is good or poor. Alternative Good Economy Poor Economy ____________________________________________________ Buy 80 -5 Rent 60 55 Lease 65 50 The maximax strategy is to Buy. You chose the Good Economy and the best strategy (80 > 60; 80 > 65) The maximin strategy is to Rent. You chose Poor Economy and the best strategy (55 > -5; 55 >50) 4. Given decision tree What is the expected value for the best decision? Round your answer to the nearest whole number. Starting with leaves: Point 4: Expected value: 3000*0.4 + (-1000)*0.6 = 600 Point 3: Two possibility 600 and 2500. The best is 2500. Point 2: Expected value: 2500*0.2 + 2000*0.8= 2100 Point 1: Two possibility (A) 2100 (from point 2) (B) 1800 The best is 2100. 5. A group of friends are planning a recreational outing and have constructed the following payoff table to help them decide which activity to engage in. Assume that the payoffs represent their level of enjoyment for each activity under the...
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...using objective criteria and to develop strategies suitable to the business' particular situation. The BCG matrix can be used for portfolio analysis in times of economic crisis, but adjustments must be made. The first adjustment involves adding two more criteria – profit margins and cash flows. The second adjustment involves redefining the breaking points between the high and low of the relative market share and market growth rate averages of the industry and/or the company. The third adjustment is to add two more strategies – freeze and cut. Using all these adjustments provides better flexibility for BCG matrix analysis in a shrinking economy and recession. 1 ANZMAC 2009 Page 2 of 6 Adjusting the BCG Matrix for the Recession Introduction The BCG matrix has been used in the real world in a variety of ways for such business analysis tasks as analyzing value, business strategy toward customers, segmentation (Dibb 1995) and brand portfolio analysis. As a result of the current financial crisis, which has affected strategic market planning decisions, businesses and practitioners are using the BCG (Boston Consulting Group) matrix in a flexible manner. This paper provides several adjustments to the BCG matrix in order to adjust it to the current economic crisis. Decisions and Business Strategies The idea of the BCG matrix is that managers are able to evaluate their businesses according to objective criteria and to develop strategies appropriate to the status of the business...
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...Rusty Rims IT Decision Paper Assignment Before you begin this assignment, be sure you have read the “Rusty Rims Wheels Case Study,” any feedback on your proposed IT project from your ITSP Part 2 assignment, and the previously assigned chapters in the textbook. Purpose of this Assignment This assignment gives you the opportunity to apply the course concepts to develop an IT Decision Paper to explain and defend an IT project at Rusty Rims Distribution Company (RR). This assignment specifically addresses the following course outcomes to enable you to: Apply best practices in information technology management and governance to make, defend, and justify an IT decision. IT Decision Paper for Your Proposed IT Project For your ITSP, Part 2, you proposed an IT project for RR. Carol, the CIO at RR, has asked you to write an IT Decision Paper to explain your proposed project. She wants to use the Paper to gain approval from the Governance Board to move forward with the project. This assignment uses a format for a Decision Paper that has been tailored to the course material covered in this class. You may work for an organization that has a format for IT decision papers, and it would be a good idea for you to take a look at it, but it will likely be structured a little differently from this one. Each organization develops tools and techniques that will work for them. Assignment You will develop an IT Decision Paper, using the outline below. Each of the topics to be...
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...Strategic Management Instructor Course Sections & Location Glenn Hodges, PhD Section 001: TU / TH 1:00 – 2:20 E-mail: hodges@broad.msu.edu Section 002: TU / TH 2:40 – 4:00 Office Phone Number: 517-432-3522 Location: C132 Holden Hall Fax: 517-432-1111 Office: N440 BCC Office Hours: TU 10:30 – 11:30 (or by appointment) Address: Department of Management Eli Broad College of Business 632 Bogue Street N475 Michigan State University East Lansing, MI 48824-1032 COURSE DESCRIPTION This course addresses a very fundamental business question: “Why are some firms more successful than others over the long term?” The answer to this important question can be found in the relationship between the organization, its strategy, and its environment. This relationship is complex, uncertain, and always changing. Top managers shape and guide this relationship, making strategic decisions that change the organization's capabilities, shift its position in the environment, and / or lead the firm into a new business. This course is designed to familiarize students with the strategic management process by: * Introducing students to the different aspects of strategic decision-making from a business, corporate, and entrepreneurial perspective (lecture materials) * Exposing students to the complexity and ambiguity of strategic decision-making through the analysis of situations faced by real companies (case studies) * Interpreting (through discussion)...
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...chain strategies (chapter 2) 8 2.1. Chapter objectives 8 2.2. Relationship and difference (point 1) 8 2.3. Core competencies (point 2) 9 2.4. Strategic alignment (point 3) 9 2.5. Supply chain operations and decision categories (point 4) 10 2.6. Customer value and value index calculations (point 5) 11 2.7. Trade-offs among performance dimensions (point 6) 11 2.8. Order winners versus and order qualifiers (point 7) 12 7. Lesson 3, Supply management (chapter 7) 13 7.1. Chapter objectives 13 7.2. Identify and describe the various steps of the strategic sourcing process. 13 7.3. Spend analysis (point 2) 14 7.4. Differences between insourcing and outsourcing (point 4) 15 7.5. Portfolio analysis (point 3) 16 7.6. Multi criteria decision (point 6) 17 7.7. Negotiations and the purpose of contracts (point 7) 18 7.8. Procure-to-pay cycle (point 8) 18 8. Lesson 4 Logistics (chapter 8) 19 8.1. Chapter objectives 19 8.2. Logistics management (point 1) 19 8.3. Transportation modes (point 2) 19 8.4. Warehousing (point 3) 21 8.5. Logistics strategy (point 4) 22 8.6. Measuring logistics performance (point 5) 23 8.7. Landed costs (point 6) 23 8.8. Reverse logistics systems (point 7) 24 8.9. Weighted center of gravity method (point 8) 25 11. Lesson 5, Managing inventory throughout the supply chain (chapter 11) 26 11.1. Chapter objectives 26 11.2. Inventory 26 11.3. Independent versus dependent demand inventory (point 2) 27 11.4. Periodic review system (point 3) 27...
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...Holy Grail Strategy Mario Braun @ Bond University October 30th, 2015 Contents Holy Grail Strategy 3 Trading Rules & Indicators 3 Buy & Sell Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Room for Interpretation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Pseudocode . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Buy Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Sell Rules . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Possible Optimizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Further Indicators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Backtest & Visual Analysis Basic R-Studio Setup 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Load libraries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Setting up knitr . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Chart Theme Settings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Define Currency, Instruments, Time zone and other simulation...
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...CASE: ARCE DAIRY ICE CREAM I. TIME CONTEXT 1991 II. VIEW POINT Elsie Arce-Romero, VP Advertising and Promotions III. CENTRAL PROBLEM How will Arce Dairy Ice Cream compete in the ice cream industry and regain success using its new brand name? Symptoms: Low market share, wherein, Arce Dairy Ice Cream belongs to the remaining 10% of the ice cream market. Cause: Poor promotional and distribution strategies IV. STATEMENT OF OBJECTIVES: Must Objective: To increase in one month’s time the company’s market share by 5%. Want: To gain favorable market control in the succeeding years. V. AREAS OF CONSIDERATIONS A. Internal Environment Strengths: 1. Arce Dairy Ice Cream is made of fresh carabao’s milk (“all natural”); 2. The finished product is tastier and richer (more flavorful); 3. They have variety of ice cream flavors; 4. They use fresh ingredients like whole seasonal fruits and other natural products; 5. Arce Dairy Ice Cream has distinct taste and high quality (the firm rejects delivery of ingredients that do not pass high quality standards, no matter how inexpensive); 6. They have hundred heads of milking carabaos in the Arce dairy farm; and 7. Their ice cream product has been in the business for years (although Selecta, their former name is now being carried by a competitor, RFM Corporation). Weaknesses: 1. Poor marketing efforts which resulted to local market...
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...Multiple Choice Quiz Inclass Quiz 7/7/11 20 Individual Staffing Plan Paper Prepare a 1,050- to 1,400-word paper in which you develop a staffing plan for the organization in which you work, or one with which you are familiar. Determine how many people you need to hire and in what functional areas, such as manufacturing, operations, customer service, distribution, marketing, and accounting. Develop strategies to recruit the appropriate applicants. Include a discussion of how the strategy is legally compliant. Use the reading assignments, interviews with your HR representatives or staff persons, website articles, Electronic Reserve Readings, and HR journal articles to support your position. Use at least two text references. Format your report consistent with APA version 6 guidelines. Submit copy of Plagariarizer Checker Submit certificate of originality 7/7/11 80 Learning Team Charter Create the Learning Team Charter. To receive full points, you must submit a complete charter, not just contact info. 7/7/11 30 Week Three: Compensation and Benefits Details Due Points Objectives 3.1 Analyze the impact of various compensation methods and benefit programs on employees and organizations. 3.2 Relate salary and benefit administration strategies to organizational culture and performance. 3.3 Examine how incentive plans relate to organizational objectives. Readings Read Ch. 11–13 of Fundamentals of Human Resource Management. Read this week’s Electronic Reserve Readings...
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