How to Analyze a Case An Introduction to the Case Method For many of you, this will be the first course using cases that you have ever taken. The fact that this form of learning is new to you will naturally cause you some concern, and early on, some difficulty. Cases give you the chance to look at the present situation facing an organization, and after a systematic analysis, make recommendations that will produce a change in the results or outcomes. While you cannot be certain what that outcome
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Over the course of training and consulting with tens of thousands of negotiators and dealmakers, we have become aware that, by far, the most common and costly mistakes in negotiation take place before talks even begin. Interestingly, the problem is usually not faulty preparation, but a lack of preparation altogether! Under the false assumption that negotiation is “all art and no science,” most people fail to prepare adequately for negotiation. When coupled with the belief that the “real action” begins
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HYGEIA INTERNATIONAL Point of View: Henry Livingston, Vice President of the Africa Middle East Region of Hygeia International Time Context: 1980 Statement of the Problem: To determine whether to venture into poultry production, retain current business position, or to use poultry production as a sales promotion tool to increase profit Statement of the Objectives: * To determine the number of human resources needed for the company to be ready in venturing into poultry production in Nigeria
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Checks Concept Check 1-1 (pg 9): What steps should we take in developing our financial plan?1) Determining your current financial situation 2) Developing your financial goals 3) Identifying alternative courses of action 4) Evaluating alternatives 5) Creating and implementing a financial action plan 6) Re-evaluating and revising the plan What are some risks associated with financial decisions? Economic and Product Risk: Interest rate risk- changing interest rates affect your cost
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Revision for topic: Planning & Decision Making There are 4 benefits of planning: 1. Intensified Effort- Managers and employees put forth greater effort when following a plan. 2. Planning leads to persistence, that is, working hard for long periods. In fact, planning encourages persistence even when there may be little chance of short-term success. 3. The 3rd of planning is direction which it encourages managers and employees to direct their persistent efforts toward activities
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back on course. DA: Is a process of identifying the best option- based on a set of criteria. The process basically matrices criteria (for making a decision) against alternative/options. The option is chosen which best meets the criteria. 80% of all the concerns in the world are decision situations! PPA: All Potential Problems are identified, likely causes are identified, then preventive and contingent actions are put into the plan to minimize the prospect of screw-ups when action plans are
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TotalFinaElf POINT OF VIEW: I choose the point of view of the CEO of the TotalFinaElf Philippines, Inc. OBJECTIVES: - To increase its market share in the oil industry. - To be one of the well-entrenched players in the oil industry in the Philippines. - To be able to generate profits, and start recovering from losses, by 2002. PROBLEM: How will TPI ensure its survival in the Philippine market, given the different environmental forces in the country such as a seemingly saturated market with
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Southern Recreational Vehicle Company Case Study I. Background of the Study Southern Recreational Vehicle Company of St. Louis Missouri announced its plans to relocate its manufacturing and assembly operations by constructing a new plant in Ridgecrest, Mississippi. The firm, a major producer of pickup campers and camper trailers, had experienced five (5) consecutive years of declining profits because of spiraling production costs. The costs of labor and raw materials had increased alarmingly
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Managerial Perspective, McGraw Hill, 13th Ed. (2012), ISBN 978-0-07-811267-6. In addition, readings from other works will be assigned and posted on Blackboard. From time to time, optional reading materials will also be posted. Course Description and Objectives: This course is completed as a cohort group with MBA 902 Competing in a Global Market II: Analysis and Implementation of Strategy and is taken with the approval of the program Director. A key objective is to provide students with insights
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Conflicts of interest are a problem because they undermine the public’s confidence and damages people’s trust in political institutions. Conflicts of interest are when “a public official has a private or personal interest sufficient to influence the objective exercise of his or her official duties” (Smith, 2015, p.179). This brings on problems involving public honesty and justice, as well as serious abuse and conflict associated with private gain. The Problem The conflict of interest’s legislation
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