Global Strategy & Leadership Semester 2 2013 Glossary 7-‐S model Tool for testing whether a proposed strategy will achieve its aim by asking whether it is in alignment with the following major areas: Strategy, Structure, Systems, reSources, Skills, Style and Shared values. Ansoff product-‐market
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Monopolistic Competition and Oligopoly 13 Monopolistic Competition W e have now examined two “pure” market structures. At one extreme is perfect competition, a market structure in which many firms, each small relative to the size of the market, produce undifferentiated products and have no market power at all. Each competitive firm takes price as given and faces a perfectly elastic demand for its product. At the other extreme is pure monopoly, a market structure in which only one firm is the industry
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1.0 Introduction AirAsia Group, a well-known low-cost airline around the Asia, which ownsby a parent company name “Tune Group”. This company was actually founded by “DRB-Hicom”, which is a company own by Malaysia’s government back in 20th December 1993 and started their operations on 18th November 1996. Unfortunately, the company’s performance not doing very well for few years until it was 2nd December 2001, the day that this airline taken over by Tony Fernandes, the CEO of Air Asia Group. Since
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multiply times the number of units to get profits. In the graph, this computation is simply the area of the shaded rectangle. An oligopoly is a market dominated by a few producers. The market can be international, national, or local. The main characteristic of an oligopoly is that they have pricing power. However, unlike a monopoly that consists of a single firm dominating the market, an oligopolistic firm must take into consideration how the other producers will react to any changes in price. It
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n n INTRODUCTION AND OBJECTIVES FROM ENVIRONMENTAL ANALYSIS TO INDUSTRY ANALYSIS THE DETERMINANTS OF INDUSTRY PROFIT: DEMAND AND COMPETITION ANALYZING INDUSTRY ATTRACTIVENESS Porter’s Five Forces of Competition Framework Competition from Substitutes Threat of Entry Rivalry Between Established Competitors Bargaining Power of Buyers Bargaining Power of Suppliers APPLYING INDUSTRY ANALYSIS Describing Industry Structure Forecasting Industry Profitability Strategies to Alter Industry Structure
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AK/ADMS 4900.03 MANAGEMENT POLICY – PART 1 MID-TERM EXAM June 25th, 2009 STUDENT’S NAME:__________________________________ STUDENT NUMBER:__________________________________ THIS EXAM CONSISTS OF TWO PARTS: PART 1: 18 multiple choice questions (1 mark each) /18 PART 2: 15 short answer questions of which you must answer any 12 (4 marks each) /48 GRADE /66 CONVERT /100
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Model…………………………………….…7 5. Leadership Theories for Change Management……………………...7 5.1 Transactional …………………………….………………7 5.2 Transformational…………………………………….…...7 5.4 Relationship………………………………………………8 5.3 Contingency …………………………..………………….8 5.4 Situational………………………………………………....9 6. McKinsey’s 7S Model ………………………………………………..….9 7. Critical Analysis of Change and Leadership Theories……………… 10 8. Recommendations…
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n n INTRODUCTION AND OBJECTIVES FROM ENVIRONMENTAL ANALYSIS TO INDUSTRY ANALYSIS THE DETERMINANTS OF INDUSTRY PROFIT: DEMAND AND COMPETITION ANALYZING INDUSTRY ATTRACTIVENESS Porter’s Five Forces of Competition Framework Competition from Substitutes Threat of Entry Rivalry Between Established Competitors Bargaining Power of Buyers Bargaining Power of Suppliers APPLYING INDUSTRY ANALYSIS Describing Industry Structure Forecasting Industry Profitability Strategies to Alter Industry Structure
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Foundations of Strategy Question 1: Nash equilibrium is a fundamental concept in theory of games and the most widely used method of predicting the outcome of a strategic interaction in the social sciences. It contains following 3 elements: * A set of players * A set of actions * A payoff function for each player A pure Nash Equilibrium is an action profile with the property that no single player can obtain a higher payoff by deviating unilaterally from this profile. Consider a game
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return for their imparted skills and experience. A Human Resource Manager ideally empowers inter-departmental employee relationships and nurtures scope for down-the-rung employee communication at various levels. The field is a derivative of System Theory and Organizational Psychology. Human resources has earned a number of related interpretations in time, but continues to defend the need to ensure employee well-being. Every organization now has an exclusive Human Resource Management Department to
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