...Bus/475 Integrated Business Topics Week Two Quiz The following quiz is comprised of two short essay questions worth 5 points each. Please use the assigned text to answer these questions. In all cases, the material found in the assigned text will govern. In other words, answers found from other sources might be “right,” but your quiz will be graded based on the material in the assigned text. Paraphrase the material from the text. Do not cut and paste. These are essay questions, not essays. Do not write a paper. Just answer the questions in as clear and concise a manner as possible. (1) Define strategic management. Identify any five of the nine critical tasks of strategic management? Strategic management is the process by which the management team determines a firm’s goals. It is achieved by examining internal and external strengths, weaknesses, threats and opportunities. The critical tasks of strategic management consist of: 1.) Creating a mission and vision statement 2.) Analyzing the business’s capabilities, i.e. strengths and weaknesses 3.) Formulating a plan based on this analysis, both short term and long term 4.) Implementing the pathway plan chosen 5.) Evaluating the effectiveness of the plan and making adaptations as needed (2) Define agency theory. Explain how agency problems occur. (Do not attempt to answer this question before carefully reading pages 39-42 of the assigned text.) The agency theory is defined as the relationship between...
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... Kareem M. Shabana Assistant Professor of Management Contact Information Office: C. Wimberly Hall – Room 418B Email: kshabana@uwlax.edu Phone: (608) 785-6664 Office Hours Mondays & Wednesdays: 1:30-2:00 p.m. Tuesdays & Thursdays: 1:30-3:30 p.m. And by appointment ------------------------------------------------- ------------------------------------------------- Syllabus Revisions ------------------------------------------------- The instructor maintains the privilege to make revisions to this syllabus at his discretion. All changes and revisions will be posted on the course’s page on D2L. It is the responsibility of each student to keep abreast of all changes and revisions. Course Description Course Overview MGT 449, Administrative Policy Determination, is primarily concerned with the study of the determinants of overall firm performance. This study aims at answering the fundamental question of strategic management: Why do some firms perform better than others? The study of the determinants of overall firm performance is conducted through the examination of the relationship between the firm and its environment and the analysis of multifunctional problems that confront top management. Special attention is given to the impact of sustainability and globalization on the study and practice of strategic management. The course adopts an “integrated case study approach to the variables in management policy determination at the overall level....
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...A graded original plagrism free answer can be downloaded from here http://www.homeworkmarket.com/content/mgmt310-quiz-1-1 MGMT310 Quiz 1 Question 1 of 25 4.0 Points Managers are responsible for getting activities completed efficiently and achieving the firm’s goals by utilizing: A. Human, financial, and material resources B.Information, human, and service resources C.Human resources, organizational competitiveness, and organizational goals D. Financial resources, top management, and organizational goals Question 2 of 25 4.0 Points A difference between management and leadership can be defined in the following way A. management is human capital, and leadership is directing staff B. management is getting things done, and leadership is deciding what needs to be done C. management is getting things done, and leadership is inspiring action taken by others D. management is a position of authority or power, and leadership is inspiring action taken by others Question 3 of 25 4.0 Points Three different types of planning used in the function of management are A. strategic, tactical, and operational B. strategic, organizational design, and job design C. job design, job enrichment, and teamwork D. strategic, organizational design, and operational Question 4 of 25 4.0 Points Triple bottom line refers to the measurement of business performance along A. social, economic and organizational...
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...Outline – “Strategic Management” Aims & Objectives: 1. Development and reinforcement of a general management point of view -- the capacity to view the firm from an overall perspective, in the context of its environment. 2. Development of an understanding of fundamental concepts in strategic management: the role of the general manager, the levels and components of strategy, competitive analysis, and organizational evolution and change. 3. Development of a better understanding of the inner workings of large and/or complex organizations – 4. Development of an awareness of the impact of external environmental forces (technological, governmental, demographic, social, etc.) on business and corporate strategy. 5. Practice in distinguishing between basic causes of business problems and attendant symptoms. 6. Practice in working out strategies and implementation plans. Course Outline / Lesson Planning: |Week/Day/Date |Topic |Course Material | |1st Week | | |Topic … Overview on Strategic Management |Book… | | |Nature of Strategic Management |Strategic Management...
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...Self-Graded Chapter Quiz http://highered.mcgraw-hill.com/sites/0078137144/student_view0/chapter... Home > Chapter 1 > Self-Graded Chapter Quiz Course-wide Content Cases Business Strategy Game GLO-BUS Online Updates and Errata Self-Graded Chapter Quiz (See related pages) Results Reporter Out of 20 questions, you answered 18 correctly with a final grade of 90% 18 correct (90%) 2 incorrect (10%) 0 unanswered (0%) 1. Review Key Points PowerPoint Presentations 2. Apply Assurance of Learning ... 3. Test Self-Graded Chapter Quiz Your Results: The correct answer for each question is indicated by a . 1 CORRECT Which of the following statements about a company's strategy is true? A) Crafting an excellent strategy is more important than executing it well. B) Managers at all companies face three central questions in thinking strategically about their company's present circumstances and prospects: Where are we now? Where do we want to go? How are we going to get there? C) A company's strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole. D) Masterful strategies come partly (maybe mostly) by doing things in much the same way as the industry leader but then being better than the leader in one particular area that counts heavily with buyers. E) Whether a company's strategy is ethical or not does not matter a lot because most customers and most suppliers are relatively unconcerned...
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...in all of the learning activities to develop your competence, this course of study may take up to six weeks to complete. Depending on your educational background, work experience, and the time that you are able to dedicate to your studies, you may be able to accelerate your progress. If you wish to do so, please consult with your course mentor. Week 1 Activity Read the following chapter in Management Learning Resource or Site Chapter 1 (“Innovative Management for a Changing World”) Complete the chapter review discussion questions and activities Watch the OTJ Video (“Camp BowWow”) Camp BowWow Complete the OTJ Video Assessment Camp BowWow Assessment Complete Interactive Quiz 1 Interactive Quiz 1 Complete the Aplia Assignment-Innovative Management for a Changing World Aplia Assignment Read supplemental articles Zenger: Leadership Excellence Hargis: Examining the Role of Transactional and Transformational Leadership Across Contexts Business Read the following chapter in Management Chapter 2 (“The Evolution of Management Thinking”) Watch the OTJ Video (“Barcelona Restaurant Group”) Barcelona Restaurant Group Barcelona Restaurant Group Assessment Complete the OTJ Video...
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...MGMT 4950 STRATEGIC MANAGEMENT FALL 2009 10:00-11:20 AM TR; BU 101 Instructor: Dr. Gerald E. Calvasina Office: 309B Business Phone: 586-1976 E-Mail calvasina@suu.edu Office Hours: 11:30 AM – 1:00 PM T R 10:00 AM – 12:00 Noon W Other by appointment REQUIRED TEXTS: Essentials of Strategic Management; John E. Gamble and Arthur A. Thompson Jr., 2009, ISBN-13 (978-0-07-353030-7) The Business Strategy Game – www.bsg-online.com ALL STUDENTS MUST REGISTER- Registration Codes will be distributed in class. REQUIRED READING: REQUIRED READING:A Guide to Case Analysis (Student Center section of the website for the text at http://highered.mcgraw-hill.com/sites/0073530301/student_view0/ RECOMMENDED READING MATERIAL: The Wall Street Journal, Fortune Magazine, & Business Week PRE-REQUISITES: Advanced Standing and Seniors only (preferably in last semester of program. COURSE DESCRIPTION: This is a capstone course for seniors covering the concepts of strategic management and developing perspective, judgment and facility in problem solving in interrelated areas of distribution, personnel, finance, control and the social aspects of business. COURSE OBJECTIVES: 1. To develop a holistic perspective of an organization which integrates the concepts, skills, and principles learned in previous functional area courses (e.g. Marketing, Finance, Accounting) 2. To develop an appreciation and understanding of the role of...
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...Bus 297 – Quiz # 1 Review In preparation for the upcoming quiz, focus your review on the following topics in the textbook. This is a closed book and note quiz. The quiz will be taking on Canvas, be sure you have installed browser lockdown. This is a timed quiz with 45 minutes to complete. Chapter 2: * Types of sales jobs * Salespeople who focus on gaining new customers called hunters or pioneers. * Order-takers this category of salespeople try to increase sales as they build customer share * The sales effort by providing information and performing other supplemental services called Missionary sales people * Merchandiser * Personal selling approaches * Stimulus response: stimulus response selling is the least flexible and least focused on the buyer’s unique needs and strategic priorities. * Mental states: Mental states selling is essentially a sequential approach to selling in which the salesperson leads the customer through stages, or mental states, in the buying process. * Problem solving: Problem-solving selling extends need satisfaction selling beyond identifying needs to developing alternative solutions for satisfying these needs. * Need satisfaction: Salespeople using this method help customers identify their needs if customers are not already aware of their needs, and then sell customers products and services to meet the needs. * Consultative selling: Consultative selling is the process...
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...International Hospitality Management Course Title: DEVELOPING AND MONITORING CORPORATE STRATEGY Course Code: Prerequisite/s: Co-requisite/s: MNGT 903 Nil Nil Scheduled for trimester: Credit hours: Nominal Contact Hours: Three 3 36 20 Hours Breakdown: Lectures, Tut/Sem 36 Self-Managed Learning, Project/s & Assignment/s 62 Total Course hours: 120 Lecturer/s: Dr. Ivan Ninov Lecturer’s email address Rationale: As a discipline and as a business practice strategic management is playing a vital role within the modern hospitality industry. Strategy is concerned with the long term direction and aspirations of the organization and is based upon solid market and business research and an understanding of the organizations capabilities and potential. Strategic planning is however of little organizational use without the effective management of the achievement of the strategic intent. This module provides managers with the skill sets to engage with the strategic planning process and then to manage and monitor the achievement of these goals. Directed Learning: Exam: 2 Tel Ext: 5149 ivan.ninov@emiratesacademy.edu Teaching Philosophy During this course my main goal as a teacher will be to stimulate students’ learning, thinking, and inquisitiveness. Students’ critical thinking, analytical and problem-solving skills will be further developed through challenging tasks and projects. Students will not only learn the knowledge and the theories behind strategic management, but will be...
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...SESSION 142BPMN 3023 STRATEGIC MANAGEMENTGROUP OCoursework 60% | 1. QUIZ - Critical Review of Strategic Issues - 10% | A. SHORT CASE STUDY 1 | 5% | B. SHORT CASE STUDY 2 | 5% | | 2. MID SEM EXAM - 20% | A. EXAM 1 | 10% | B. EXAM 2 | 10% | | 3. PROJECT REPORT / STRATEGIC AUDIT (GROUP ASSIGNMENT)- 20% | You are required to select Malaysia’s company in beauty and healthcare or restaurant chain industry.Please provide the information and do the analyses as follows: 1. Identify strategic issues or problems appear in organization’s current situation. 2. Analyze a company's internal and external environment and identify strategic long-term direction, its resources and competitive capabilities for crafting an appropriate strategy. You can analyze the strategic audit by analyzing the company’s internal and external forces as suggested below:Internal Forces: a) Company’s name b) Company’s type and the industry c) Vision, Mission, Objectives and Strategies – You are required to analyze a vision, mission and objectives of the organization and please discuss whether these statements fit with company’s stated strategies. d) The list of BOD e) The list of Top Management Team f) Organizational Structure – Please discuss the type of structure – is it relevant with current business operation? External Forces: a) Please analyze PESTE (Politic, Economy, Social-cultural, Technology, ecology which indirectly influence the related...
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...MN 490 STRATEGIC MANAGEMENT Spring 2011 Instructor: Dr. Eugene Calvasina Office: 256 T. T. Allain Office Hours: 12 – 1 2:30 – 5:30 M & W Telephone: (225) 771-5643 E-MAIL: ejcalvasina@cox.net COURSE DESCRIPTION: Study of business policies integrating the functions of all fields of business administration with emphasis on top management viewpoint of the operations of the business enterprise. This is a capstone course for the graduate business curricula. PURPOSE: To integrate the various fields of study taught within the school of business and to apply this knowledge in addressing basic administrative problems in business and industry. The course will address global, technological, ethical, social, environmental, political, demographic, and legal issues in strategic decision making. METHODOLOGY: Lecture, cases, and a business simulation will be used in the class LEARNING OUTCOMES: The student will be able to: A) identify, explain, and demonstrate the general concepts, principles and terminology of management through active class discussions; develop a strategic problem solving approach via the Strategic Audit through class discussions of cases; B) develop oral and written skills through written tests, class discussions, and case assignments; C) integrate the various disciplines of management, marketing, finance, accounting, and other sub-disciplines through their application in case situations: and D) Present current events in...
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...Click to add text to title page ACCT3583 Management Accounting 2 ACCT3583: Seminar 1 Administration Seminar 1 – Analysing the External Environment Welcome to ACCT3583 – Management Accounting 2! We will begin with a course overview – referring to the ACCT3583 Course Outline Outline. This is an opportunity to discuss learning outcomes, assessments and general course admin., as well as providing a subject overview We will then cover Topic 1: Analysing the External Environment 2 ACCT3583 Management Accounting 2 ACCT3583 Teaching team Teaching Team Contact details Brian Burfitt (Lecturer‐in‐Charge) Yee Shih Phua ACCT3583 Teaching team Consultation Tues 10am – 12Noon Teaching Team Contact details Mark McCoy Consultation By Appointment Email: b.burfitt@unsw.edu.au Telephone: 9385 5807 Office: Quad 3081 Email: Y.Phua@unsw.edu.au Telephone: 9385 5812 T l h 9385 5812 Office: Quad 3062 Thurs 12Noon – 2 Th 12N 2pm Email: TBA Telephone: TBA Jonathan Yuen Email: jonathan.yuen@unsw.edu.au Telephone: 9385 6283 Office: Quad 3089 Mon 4pm ‐6pm Yichelle Zhang Email: yichelle.zhang@unsw.edu.au Telephone: 9385 6283 Office: Quad 3089 12Noon – 1pm 3 ACCT3583 Management Accounting 2 4 ACCT3583 Management Accounting 2 ACCT3583 Seminar overview ACCT3583 Course assessment Seminar overview Seminars comprise lecture content and in-class discussions You must view the podcast, read the assigned readings and...
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...Business School School of Management MGMT3101 INTERNATIONAL BUSINESS STRATEGY Course Outline Semester 2, 2015 Part A: Course-Specific Information Part B: Key Policies, Student Responsibilities and Support business.unsw.edu.au CRICOS Code 00098G Table of Contents PART A: COURSE-SPECIFIC INFORMATION 3 1 STAFF CONTACT DETAILS 3 2 COURSE DETAILS 3 2.1 2.2 2.3 2.4 2.5 Teaching Times and Locations Units of Credit Summary of Course Course Aims and Relationship to Other Courses Student Learning Outcomes 3 LEARNING AND TEACHING ACTIVITIES 3 3 3 4 4 6 3.1 Approach to Learning and Teaching in the Course 3.2 Learning Activities and Teaching Strategies 6 6 4 7 ASSESSMENT 4.1 Formal Requirements 4.2 Assessment Details INDIVIDUAL ASSESSMENTS 7 7 8 4.2.1 Individual Written Assignment (25%) 8 4.2.2. Quiz (total 20%) 9 4.2.3. Individual Participation (10%) 9 4.2.4. Peer Evaluation and Team Reflective Journal 10 4.2.4.1. Peer Evaluation (weighting marks on group assessments) 10 4.2.4.2. Team Reflective Journal (5%) 10 4.2.5. Team Case Analysis (15%) 11 4.2.6. Team Simulation Performance (25%) 12 4.3. Late Submission 14 14 5 COURSE RESOURCES 14 6 COURSE EVALUATION AND DEVELOPMENT 15 7 COURSE SCHEDULE 16 PART B: KEY POLICIES, STUDENT RESPONSIBILITIES AND SUPPORT 17 8 PROGRAM LEARNING...
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...IFSM 300 All Weeks Quizzes 1 -8 Click Link Below To Buy: http://hwaid.com/shop/ifsm-300-weeks-quizzes-1-8/ IFSM 300 Quiz 1 Question 1 1 / 1 point Which of the following is defined as the ability of customers to drive down the price of goods and services? A) supplier power B) buyer power or the bargaining power of customers C) rivalry among competitors D) threat of price reduction Question 2 1 / 1 point Are there any direct variables that have no effect on a business' competitive position? A) yes B) No Question 3 1 / 1 point Which of the following are components of an information system? (select all that apply) A) data B) hardware C) people D) process E) software View Feedback Question 4 1 / 1 point According to the Five Forces Model developed by Harvard Business professor Michael Porter, all of the following are major factors that determine a company’s standing in an industry, except for which one? A) Threat of entry of new competitors B) Political and/or economic factors C) Bargaining power of suppliers D) Threat of substitute products/services View Feedback Question 5 1 / 1 point True or false: Early research could not draw any connections between IT and profitability, but later research has shown that the impact can be positive...
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...LOVELY PROFESSIONAL UNIVERSITY INSTRUCTION PLAN (for Lectures) Term: 3rd Course No. COM604 Course Title: STRATEGIC MANAGEMENT L: 4 T: 1 P: 0 Textbook: 1. Hunger J. D. and Wheelen T. L. , Strategic Management & Business Policy, Pearson Education, New Delhi, 8th Ed., 2006 Other Specific Books: 2. Kazmi, A. Business Policy and Strategic Management, Tata McGraw Hill, New Delhi, 2nd Ed. 2007 3. Jauch, R. Lawrence, R. Gupta and W.F.Glueck, Business Policy and Strategic Management, Frank Bros.&Co., 7th Ed.,2007 Other readings: |S. No |Journal articles as compulsory reading | |. |Camillus, J. C. Strategy as a wicked problem, Harvard Business Review, May 2008 | | |Hirotaka, The contradictions that Drive Toyota’s success, Harvard Business Review, June, 2008 | | |C.K. Prahalad’s Plan: India @75, Business Today, August 24, 2008 | | |McAfee, A. and Brynjolfsson, E., Investing in IT that makes a competitive Difference, Harvard Business Review, July-August, 2008, PP.98-107 | | |Collis, D.J. and Montgomery, C.A., Competing on Resource, Harvard Business Review, July-August, 1995 ...
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