421 week 4 discussion question 1 What is a distribution channel? A distribution channel is the chain that a product goes through from production to consumer. What is the relationship between channels of distribution and logistics? A distribution channel is the chain that a product goes through from production to consumer. Most manufacturers do not sell directly to the consumer, the product usually goes first to a distributor, then to the retailer (store) then the consumer. Channels of distribution
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chapter 2 strategic planning In Contemporary Marketing Chapter Overview Today’s marketers face strategic questions every day. Planning strategy is a critical part of their jobs. The marketplace changes continually in response to changes in consumer tastes and expectations, technological developments, competitors’ actions, economic trends, and political and legal events, as well as product innovations and pressures from suppliers and distributors. Although the causes of these changes
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organize and control. Planning includes * defining goals * establishing strategy, and * developing plans to integrate and coordinate the required activities 2. Organizing Organizing is the management function that creates the organization’s structure. This process involves making decisions about * how specialized jobs should be, * the rules to guide employees’ behaviours, and * at what level decisions are to be made 3. Leading According to this management function
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MGT 311 (Organizational Development) Entire Course IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://hwnerd.com/MGT-311-Organizational-Development-Complete-Course-1479.htm?categoryId=-1 If You Face Any Problem E- Mail Us At Contact.Hwnerd@Gmail.Com Week 2 Assignment Employee Portfolio Management Plan You are a manager of three employees at Riordan Manufacturing. You recently had these employees take a series of self-assessments to aid you in managing
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Case Application Living Large Case Application Living Large What growth strategy does Live Nation appear to be using? What competitive advantage do you think Live Nation has? It appears as though Live Nation may be using two kinds of growth strategies; Concentration, which focuses in its primary line of business (in this case the music industry), and “increasing the number of products and services offered or markets served in that primary business”(Robbins & Coulter, 2009), and horizontal
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Rob Pimentel Chapter 1 Case Study 1-1 Discussion Questions: 1.) How does the business strategy affect information systems and organizational decisions? A business strategy is a well-articulated vision of where a business seeks to go and how it expects to get there. Management constructs this plan in response to market forces, customer demands and organizational capabilities. The business strategy drives the decisions made by organizations and IS regarding the structure, hiring practices
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CASE 1: MYSTIC MONK COFFEE 1. Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? Father Daniel Mary has established a future direction for the Carmelite Monks of Wyoming through his vision of creating a new Mount Carmel. His vision for the monastery is to acquire the 496-acre Irma Lake Ranch and build a monastery with accommodations
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performing operations tasks well, even better than competitors. Strategy, on the other hand, is a plan for competing in the marketplace. Operational efficiency and strategy must be aligned; otherwise, you may be very efficiently performing the wrong task. The role of operations strategy is to make sure that all the tasks performed by the operations function are the right tasks. These include developing an understanding of what business the company is in (the company’s mission), analyzing and
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I. INTRODUCTION 1.1 Introduction Over the years many organizations have invested in massive in-house computing capacities and specialized Information Technology (IT) staff around the world in order to support their primary business processes or to achieve a competitive advantage. According to Porter and Millar IT creates competitive advantage by giving companies new ways to outperform their rivals. To gain competitive advantage over its rivals, a company must either perform these activities at
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Strategy Formulation Rex C. Mitchell, Ph.D. INTRODUCTION It is useful to consider strategy formulation as part of a strategic management process that comprises three phases: diagnosis, formulation, and implementation. Strategic management is an ongoing process to develop and revise future-oriented strategies that allow an organization to achieve its objectives, considering its capabilities, constraints, and the environment in which it operates. Diagnosis includes: (a) performing a situation
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