...1. The structure of a simple organization • A. limits the owner's(s') control • B. correct maximizes the owner's(s') control • C. minimizes the owner's(s') control • D. slightly increases the owner's(s') control Correct : Since simple organizations tend to be made up of one or a few owners and just a few employees, the owner’s(s’) level of control is extremely high. Materials • Simple Organizational Structure 2. This structure is one in which a set of relatively autonomous units are governed by a central corporate office but where each operation has its own functional specialists who provide products or services that are different from those of other operations. • A. Correct Divisional organizational structure • B. Matrix organizational structure • C. Functional organizational structure • D. Product-team structure Correct : Divisional organizational structures are often grouped into product groups or distribution channels and feature cross-functional groups of employees. Materials • Divisional Structure 3. This type of organizational structure combines the advantages of functional specialization with the advantages of product-project specialization. • A. Specialization business • B. Product-team structure • C. Divisional organization • D. Matrix structure Correct : A matrix structure allows an employee to be assigned to both his or her functional team and to another group, based on a project or product. By using a matrix...
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...1. The structure of a simple organization • A. limits the owner's(s') control • B. correct maximizes the owner's(s') control • C. minimizes the owner's(s') control • D. slightly increases the owner's(s') control Correct : Since simple organizations tend to be made up of one or a few owners and just a few employees, the owner’s(s’) level of control is extremely high. Materials • Simple Organizational Structure 2. This structure is one in which a set of relatively autonomous units are governed by a central corporate office but where each operation has its own functional specialists who provide products or services that are different from those of other operations. • A. Correct Divisional organizational structure • B. Matrix organizational structure • C. Functional organizational structure • D. Product-team structure Correct : Divisional organizational structures are often grouped into product groups or distribution channels and feature cross-functional groups of employees. Materials • Divisional Structure 3. This type of organizational structure combines the advantages of functional specialization with the advantages of product-project specialization. • A. Specialization business • B. Product-team structure • C. Divisional organization • D. Matrix structure Correct : A matrix structure allows an employee to be assigned to both his or her functional team and to another group, based on a project or product. By using a matrix...
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...things have changed and as a result, Staples has decided to close a number of brick and mortar stores to strengthen their online presence. Staples may want to strengthen the online presence, but there is still a vision and mission statement that has to be carried out for the organization. Staples also want to make sure that whatever new strategies they are putting into place, the strategy will still align with the overall values of the company. Staples have a Diversity Supplier Program that has a mission to aid diverse businesses and historically underutilized businesses better known as HUBS. This mission create job opportunities to mirror the faces of the customers that Staples serve and the strategies of the mission are designed to increase the presence of diverse suppliers within the supply chain of Staples. The vision that Staples has consist of generating business and environmental benefits for the company, customers and surrounding communities. The optimistic company feels this can be achieved through leading the way in sustainable business practices. The general plan for Staples is to continue to pursue all goals set and to develop strategies that will align with those goals that will still allow the company has a physical presence just as they had in the past with stores opened in different countries. External Analysis In the process of administering an external analysis, it is essential be aware of the external environment because it highlights the factors that are...
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...Tata Teleservices Limited - Strategic SWOT Analysis Review Summary Tata Teleservices Ltd. (TTL), a part of Tata Group, is engaged in providing telecommunication services to its customers in India. The company offers CDMA and GSM mobile, public booth telephony, wireline services, and wireless desktop phones and data cards. It also provides post-paid Internet, voice portal, roaming, 3-way conferencing, Wi-Fi Internet, group calling, USB modem, calling card, enterprise services, picture messaging, polyphonic ring tones, and news, cricket, and astrology information. TTL provides its services across India's 22 telecom circles by offering communication services for farmers to operate irrigation pumps from remote locations, and person-to-person mobile money transfer services, and operates an online channel. Its key brands include Virgin Mobile, Walky the Photon, and T24. The company is headquartered in Mumbai, Maharashtra, India. GlobalData’s Tata Teleservices Limited - Strategic SWOT Analysis Review provides a comprehensive insight into the company’s history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis information on the company’s key employees, key competitors and major products and services. This up-to-the-minute company report will help you to formulate strategies to drive your business by enabling you to understand your partners, customers and competitors better. Scope - Business description – A detailed description...
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...THE PROCESS OF STRATEGIC PLANNING ARTICLE #1 OF 10 INTRODUCTION TO STRATEGIC PLANNING Strategic planning is to a business what a map is to a road rally driver. It is a tool that defines the routes that when taken will lead to the most likely probability of getting from where the business is to where the owners or stakeholders want it to go. And like a road rally, strategic plans meet detours and obstacles that call for adapting and adjusting as the plan is implemented. Strategic planning is a process that brings to life the mission and vision of the enterprise. A strategic plan, well crafted and of value, is driven from the top down; considers the internal and external environment around the business; is the work of the managers of the business; and is communicated to all the business stakeholders, both inside and outside of the company. As a company grows and as the business environment becomes more complex the need for strategic planning becomes greater. There is a need for all people in the corporation to understand the direction and mission of the business. Companies consistently applying a disciplined approach to strategic planning are better prepared to evolve as the market changes and as different market segments require different needs for the products or services of the company. The benefit of the discipline that develops from the process of strategic planning, leads to improved communication. It facilitates effective decision-making, better selection of tactical options...
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...Conducting a SWOT Analysis BUS 475 May 5,2014 Conducting a SWOT Analysis When beginning a new business, there are several factors need to be taken in account however, one of the most important factors is conducting a SWOT analysis. SWOT is an acronym that stands Strengths, Weaknesses, Opportunities and Threats. “A SWOT analysis is an organized list of your business’s strengths, weaknesses, opportunities and threats. (Berry, 2014) Strengths and weaknesses represent the internal factors of the company while opportunities and threats represent the external factors. In the following a SWOT analysis will be conducted on a new proposed messenger company Metro Express. The analysis will be a part of initial planning process and determine what is unique about the company in addition to what is needed to sustain the business and meet mission and vision statements. Introduction Metro Express is messenger company that focuses on small and mid-sized businesses that need errands ran for them and we would provide the service. Metro Express will provide a different number of services that range from picking and delivering packages, relocating offices and removal office equipment. Our customers that experience the everyday stress of running a business will experience that our services will give them one less task to worry about. Requirements for Starting the Company In order for Metro Express to get started, there are some requirements that must be met. The first thing...
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...of Business Administration, Bahauddin Zakariya University, Sub-Campus, Sahiwal. Contents Mission, Vision and Values: 1 Values 2 Mission 1 Vision 1 Quality 3 Uniqueness 4 Be the Brand 5 Safety 6 Introduction 7 Company 7 Product 7 Features of the product 8 Market or consumer trends 8 Target market 9 Performance dimensions 9 Primary characteristics 9 Secondary features 10 Product reliability 10 Durability 10 Style of packaging 10 Design 10 Price 10 Packaging 10 Large Size 11 Small size 11 Sachet 11 Personality and values 12 Lemon 12 Refreshing 12 Anti-bacterial 12 Advertisement 13 How we will make our brand strong 13 Strategies 13 Penetration strategy 13 Pull and push strategies 14 Creating circle of influence 14 SWOT Analysis 15 Financial plan 16 Mission, Vision and Values Mission “Our mission is to provide best utensils protector to our customers that bring cleanliness and convenience to use at the same time. The health and safety in use is our foremost priority” Vision “Cleanliness is the cornerstone of discipline and the trademark of our success. We believe in the power of our brand to improve the quality of people’s lives and in doing the right thing. As our business grows, so do our responsibilities” Values ‘Cherish’ recognizes that in today’s highly competitive market providing excellent service is not sufficient to satisfy customers and ensure their loyalty. Our goal...
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...8 Analysis SWOT Analysis BCG Matrix Porter Model Ansoff matrix Environmental Analysis Competitors Analysis 12 16 17 18 19 21 Findings 25 Recommendations 26 Bibliography 27 References 27 Uploaded for www.projectsparadise.com 2 ACKNOWLEDGEMENT There are many people who have been of enormously help in the preparation of this Project on Housing Finance In India, we are specially thankful to Dr. A. Nag, faculty at Institute of Marketing and Management who have given us this opportunity to undertake this project. We are thankful to all our friends giving their remarkable contribution and special thanks to our faculty in charge, Dr A. Nag who not only explained the topics very well but all have thrown a good insight at the practical aspect too. Uploaded for www.projectsparadise.com 3 EXECUTIVE SUMMARY This report on Bharti Airtel is done to findout certain objective regarding the strategic approach Adopted by Airtel to stand strongly in the competitive telecom market. Airtel’s marketing strategies are analyses using various models like SWOT analysis, BCG Matrix, Ansoff’s matrix, porter’s five forces etc. The outcomes of these models are properly analyzed to find out the various aspects like companies position and competitors position in the market. This report on Airtel not just give description about the company but it also talks about the various marketing strategy adopted by the company. SWOT analysis of Airtel...
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...Acknowledgment I have taken efforts in this project. However, it would not have been possible without the kind support and help of many people.. I would like to extend my sincere thanks to all of them. I am highly indebted to Mr. Samantha Rathnayake our lecturer for his guidance and constant supervision as well as for providing necessary information regarding the case study & also for his support in completing the case study. I would like to express my gratitude towards my parents for their kind co-operation and encouragement which help me in completion of this case study. I would like to express my special gratitude to the Institute of personnel management Sri Lanka for giving me the opportunity to follow the professional qualification in Human Resource Management My thanks and appreciations also go to my colleagues in developing the case study and people who have willingly helped me out with their abilities. Introduction Panther Motor Company Ltd Sri Lanka is a large scale organization which imports the world famous Panther brands from Panther Motor Corporation in Japan. Sri Lanka has its head office at Bambalapitiya where its main show room and work shop are situated. Panther has its branches around the country. such as in Ratmalana, kandy,Negambo,Jaffna,Maharagama,badulla,nuwara Eliya, Tissamaharamaya,Anuradhapura,Kurunegala with workshop facilities .The management structure of Panther comprises of chairman, CEO, Deputy general managers for the functions...
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...A time ago, I had the great pleasure of discussing global strategy with colleagues in a Global Management course at the MBA program. I refer to the following as ‘Three ways to gain competitive advantage by competing globally’ 1 – Looking for the best location in the world to lower costs or achieve other production or resource advantage that allows for greater rewards. The real managerial decision is where to locate activities, or which country is best suited for which activity? According to the activities and spread of resources, an organization could concentrate activities in a few countries or disperse activities to many countries. The key is to look for the places that will give each activity more efficiencies and that when laced together with the other organizational activities will help create competitive advantage. 2 – To transfer the source of current advantage/competitive knowledge efficiently from local to global markets. The efficient transfer of competitive advantage across nations helps to achieve larger competencies and capabilities, and to further dominate a particular area across the global market. Think of how Coca-Cola’s awesome distribution system in America was copied in foreign markets; the company went from dominating the distribution locally to dominating the distribution of soft drinks globally. 3 – To organize and coordinate organizational activities between different markets in a way that domestic competitors cannot has a great potential to be a source...
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...2G Licenses Cancellation - A judgment by the Supreme Court: Idea Cellular’s Strategy options to tackle this Contents Introduction 3 Company Overview 3 Mission 3 Issue on hand 3 Competitor Analysis 4 SWOT ANALYSIS 11 Porter's 5 Forces Analysis 14 Business Strategy 17 Final Recommendation: 22 Introduction Company Overview IDEA Cellular is a publicly listed company, having listed on BSE & NSE in March 2007. It is the 3rd largest mobile services operator in India with wireless revenue market share at 13.9 % in Q1 FY2012. Idea has join the select global operator’s club servicing over 100 million subscribers, as of September 2011. Idea is a pan-India integrated GSM operator and has its own NLD and ILD operations, and ISP license. Idea has a network of over 70,000 cell sites covering the entire length and breadth of the country. Idea has over 3,000 Service Centers servicing Idea subscribers across the country, including 450 special Experience Zones for 3G promotion. Idea’s service delivery platform is ISO 9001:2008 certified, making it the only operator in the country to have this standard certification for all 22 service areas and the corporate office. Idea is the winner of ‘The Emerging Company of the Year Award’ at The Economic Times Corporate Excellence Awards 2009. IDEA Cellular also received the prestigious Avaya Global Connect Award for being the ‘Most Customer Responsive Company’ in the Telecom sector in the year 2010. The company has received...
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...Marketing Objectives Marketing Plan NOW danny abramovich Chapter 2 out of 4 Marketing Objectives www.MarketingPlanNOW.com 1 2. Marketing strategic planning & objectives Chapter 2 out of 4 Marketing Objectives 2. Tourism Intro 2 2. Marketing strategic planning & objectives Strategic planning is an organization's process of defining its strategy and making decisions on allocating its resources to pursue this strategy. Resources can include people (HR), capital assets, know-how, etc. Marketing strategic planning leans on most of the marketing analytical tools we have covered in the previous chapter. In a practical way, we are going to transform the analytical findings from the past year into marketing objectives for next year. Chapter 2 out of 4 Marketing Objectives 3 2. Marketing strategic planning & objectives Past year analysis 1.1 1.2 1.3 1.4 1.5 1.6 1.7 Next year’s objectives 2.1 Marketing strategic Environmental analysis Market analysis Competitive analysis Segmentation Marketing-mix SWOT analysis Positioning planning 2.2 Desired segmentation 2.3 Desired marketing-mix 2.4 SWOT-driven objectives 2.5 Perceptual gaps 1.8* Sources of info (research) 2.6 Sales forecast *Comment: the only section in chapter ONE that does not transform into an objective in chapter TWO is 1.8 Chapter 2 out of 4 Marketing Objectives www.MarketingPlanNOW.com 4 2.1 Marketing strategic planning Past year analysis 1.1 1.2 1.3 Next year’s objectives ...
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...1.0 INTRODUCTION Dave Lindsey fund the capital of its business by using $30,000 of his and his wife's personal savings and name it as Defender Security Co. They sell and install ADT security systems to homeowners in U.S. Their house was used as their main office at the beginning. After years of selling and hard work on reaching monthly quotas and mostly sell more than it, Defender became one of the largest security dealers in the Midwest. Then, they become dealers of other products like Dish Network Satellite TV, True Energy Smart Air, Williams Comfort Air and Outsource Sales Center. Defender also encourage self improvement and leadership by sending their employees for training. In conclusion, they believe that business do not grow, people do. 2.0 VISION AND MISSION STATEMENT Defender is striving to be best in the world at attaining customer by providing them the top brand-name products and services that could improve the lives of homeowners. Defender Direct has developed such a strategic vision that directs the company of where it is heading and maps a future business path. On the other hand, its mission statement covers four areas. These four areas describe the company’s present business purpose likewise, what they do. First, the company acquires customers by serving their customers the best service and products. Second, the company uses its unparalleled direct marketing capability to create leads. Third, the company transforms leads into sales like no other. Lastly...
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...RESPONDING QUICKLY TO CONSUMER DEMANDS May 7, 2009 Ms. ANKARA Dear Ms. This report has written in order to determine how Turkish Food companies can respond rapidly to the consumer demand and to recommend efficient and effective ways of communicating this adaptation to key stakeholders of the 5 companies including TAT Konserve, Ersu Gıda, Migros, Penguen Gıda and Tukaş. As you will see, our report analyses the relevant 5 companies that we have mentioned above from different aspects and examine the existing methods of getting goods to the end consumer. We also recommended some solutions to increase the rapidity. We are confident that this report will help to these studied companies in necessary structural changes in order to supply quickly demanded goods by consumers when they want and where they want. We appreciate having this assignment and hope that this report will help your organization about being rapid. If you have any problems in interpreting this report or in implementing our recommendations please do not hesitate to contact with us. Sincerely yours, Trainee Analysts of Bilkent Consulting Company Table of Contents Part ...
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...MKTG 600 MID TERM EXAM (100 points total) Answer each of the following questions. Make sure you answer each part of the questions. Be concise. Quality, not quantity counts. (10 points each) 1. Identify six of the major areas of the environment that marketers must consistently monitor. Give an example of an element of each area. Demographic – This refers to studying human populations in terms of size, density, location, age, gender, race and occupation. Then being able to divide population into market segments & target markets. Economic – This refers to the purchasing power of potential customers and the ways in which people spend their money. Socio-cultural – This aspect consists of institutions and basic values and beliefs of a group of people. Values can be categorized into core beliefs (difficult to change) and secondary beliefs (easier to influence). Natural – This includes the natural resources that a company uses as inputs and affects their marketing activities (increased pollution, shortages of raw materials, and increased government intervention). Technological – This is one of the fastest changing factors and includes developments from antibiotics and surgery to nuclear missiles and chemical weapons to automobiles and credit cards. Requires companies to stay ahead of others and update their technology as it becomes outdated. Political-legal – This includes all laws...
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