sets standards for measuring performance. -Doing an external analysis: (swOT) The environmental scanning of specific and general environments, Focuses on identifying opportunities and threats -Doing and internal analysis: (SWot) Assessing organizational resources, capabilities, and activities: -Strengths create value for the customer and strengthen the competitive position of the firm. -Weaknesses can place the firm at a
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Market consumption capacity 5. Commercial infrastructure 6. Economic freedom 7. Market receptivity 8. Country risk 2. define ethnocentric stuffing and identify their advantage and disadvantages Adv: * re-creating local operations * consistent value sharing * managers company loyalty disadvantages: * higher costs for relocation * barriers to management in the local offices 3. as developing pricing strategies, list the main factors which affects pricing decisions
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Chapter 1 Competitive advantage: is an advantage over competitors gained by offering consumers greater value, either by means of lower prices or by providing greater benefits and service that justifies higher prices. Sources of competitive advantage: 1.Structural Perspective “Higher profits result from better positioning” –Rivalry restraint, structural barriers to competition. 2.Resource/Capability Perspective “Higher profits result from unique resources and superior capability” –Resource/competence-based
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management and competitive advantage for firms. How can a firm achieve sustained competitive advantage? Ans: Strategic management is all about gaining and maintaining competitive advantage. Competitive advantage is anything a firm does especially well compared to rival firms. When a firm can do something that rival firms cannot do, or owns something that rival firms desire, that can represent a competitive advantage. Getting and keeping competitive advantage is essential for long-term
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necessarily work for another situation. 3.) Identify 2 advantages and 2 disadvantages of a Bureaucratic organization structure. Where might one be useful and where would one be inappropriate? When going with a bureaucratic ideology, it is so structured and organized and requires specialized skill that a major advantage would be performance itself. That is if it is done correctly. Also, because it based on organization and structure, everyone learns the same skill and therefore there is no
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for organized economic advance. – Peter F. Drucker The term manager refers to either a person or position. As a person, it refers to “someone who occupies a position or someone who performs the job.” As a position, it refers to “the manager’s organizational superiority in the hierarchy of authority.” Is Public Administration an ART or SCIENCE? ART is the
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Organizational Structure Presentation Audience and Action Plan, Part 1 HCS 325 Yanira Hernandez December 3, 2015 James Mopsikoff Organizational Structure Presentation Audience and Action Plan, Part 1 Subject: Board of Directors Rational: We will be focusing on Board of directors for starting up new long term care facilities. The board has the powers to make all such decisions and it is vital that they are told about everything
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Summary Appex corporation has spent the last 3 years developing and trying out new organizational structures as it changes from a small organization of only 25 employees to a large one which grows an estimated 50 percent every six months. T o do this they have recruited Shikhar Ghosh to the position of COO with the promise of the CEO position in the future. Each of these structures implemented by Ghosh has revealed strengths and weaknesses after they were implemented and as 1991 approaches
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employees and make them learn how to enhance themselves in order to become another leader in the future. So, you may notice the comfortable zone that managers and employees are living inside the company, but let's understand a little how the structure of Sanofi Aventis are; simply its mix
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Entrepreneurship versus Intrapreneurship1 Veronica MAIER2 Cristiana POP ZENOVIA Abstract This paper provides a review of theoretical studies on the concepts of entrepreneurship and intrapreneurship, pinpointing the similarities and differences between them. Entrepreneurship continues to thrive in almost all corners of the world. Entrepreneurs are reshaping the business environment, creating a world in which their companies play an important role in the vitality of the global economy. But
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