1). What might we mean by firm performance? 2). What is competitive advantage, in OPERATIONAL and CONCRETE terms? 3). Assess the merits of the VRIO framework when determining a firm's competetive advantage. The class is using the book "Gaining and Sustaining Competetive Advantage" by Jay B. Barney published by Pearson/Prent
(ORGN) **Please read the abstract below from BusinessWeek and answer the question that follows: I just need to look at different opinions to help me with my studies, your answer will not be submitted under my name **Please read the abstract below from BusinessWeek and answer the question that follows: Microsoft's Aggressive
How would you determine if a strategy has created value and sustained competitive advantage for Kudler Fine Foods?
Value and sustained competitive advantage for Kudler Fine Foods. While implementing this strategy, what factors would you monitor and evaluate to determine if you were successful? Why would monitoring and evaluating these factors be important?
Executive Summary Skilled employees are essential to maintaining a successful organization. Many organizations face a lack of corporate-wide training which result in miniscule competencies. U.S. Employees are receiving more annual hours of training, according to the American Society for Training and development (ASTD) 2005 state of the industry report, which found an increase in average hours of formal learning per employee from 2004-2005 (HR.Com Limited, 2010).
***See Attached*** Executive Summary Skilled employees are essential to maintaining a successful organization. Many organizations face a lack of corporate-wide training which result in miniscule competencies. U.S. Employees are receiving more annual hours of training, according to the American Society for Training and deve
Florida Citrus Web Site: Go to http://www.floridajuice.com/. The "Florida Citrus Web Site" is sponsored by the Florida Department of Citrus on behalf of the State's Orange Industry. Among other things, the site is clearly an advertisement for the state's orange industry. Have you ever seen or do you expect to see advertising for
How would you determine if a strategy has created value and sustained competitive advantage for a high-end gourmet retailer verse a standard grocery market.
1. In what ways are the luxury car companies' strategies similar? In what ways are they different? Now look at Honda. How are its business strategies similar or different? 2. Which company would you say has the competitive advantage? Why?
Which of the following considerations are most often neglected when implementing a strategy: structural, leadership, or cultural? Defend your position through an actual business example. 2 cited references from peer-reviewed journal articles.
Strategic Management (SM) is the process of determining how an organization should proceed within the marketplace. Every organization must have a strategy implemented if they desire to maintain a competitive advantage in the corporate infrastructure. SM is a formulation of process development techniques that provide a basis for conscious strategic thinking and effective decision making practices. SM integrates the initial framework of an organizations vision, mission, values, goals, objectives, roles and responsibilities.
Strategic Management (SM) is the process of determining how an organization should proceed within the marketplace. Every organization must have a strategy implemented if they desire to maintain a competitive advantage in the corporate infrastructure. SM is a formulation of process development techniques that provide a basis
What are the advantages and disadvantages of being the first mover in an industry? Are buyer-switching costs the most important factor to becoming the first mover? Give some examples of first and late mover firms. Which were the most successful? Why?
Pay grades limit a company's ability to achieve competitive advantages. Do you agree? Provide rationale for your position.
Write an international mini-plan for a company that interests you (or a product/service that you want to sell yourself). Address the following in your mini-plan: Location of value-added functions: The choice of where to locate each of the functions that comprise the entire value-added chain, from research to production to aft
It is necessary to highlight the purpose and direction of global strategy. The why of globalization will provide a basis for discussing factors that need consideration, prioritization, and possible inclusion in your strategic plans. Hitt, Keats, and DeMarie (1998) identified strategic flexibility and competitive advantage
1- Considering the external environment faced by organizations in the 21st century, what factors do you believe should form the guiding principles of strategy? 2-Locate an organization in the news and explain how it is trying to create value and competitive advantage in its sector.
1. Define strategic management in your own words for a general audience. Imagine you were trying to explain what strategic management is to one of your family members who is a junior in high school. 2. Does the competition between various companies affect your daily life in any way? Give an example that might apply. For exam
After the final presentation for the proposed strategic plan of the social networking Web site, board of directors member asked for clarification regarding the implementation of the new social networking Web site. She explains that the board needs you to prepare a report addressing how the maturation of the industry worldwide co
Competition and Market Power 1. Firms in Competitive Markets The official "Incredible Edible Egg" Web Sit http://www.aeb.org/ is sponsored by the American Egg Board. Among other things, the site is clearly an advertisement for the egg industry. Do you expect to see advertising for individual egg producers? What characteri
Some of the goods and services are produced by the Coca Cola Company are non-alcoholic beverage concentrates and syrups, carbonated soft drinks, packaged drinking water, and non-alcoholic beverages. These products are produced by the Coca Cola Company. The revenues from the sales of these products were $31.00 billion in 2009.
What is the "chief" advantage (best method of usage) of using each of the following contact methods: mail questionnaire, telephone interview, and personal interview?
Compare the competitive advantages enjoyed by a large restaurant chain, such as Red Lobster, Chili's, or Outback Steakhouse, and the sources of competitive advantages enjoyed by a small, local restaurant
Technology is an important component of the business environment. Describe how technology is changing the competitive business landscape. In your answer, include example's of how technology has impacted specific businesses or industries.
Can workforce competencies be a source of competitive advantage, and thus, the focal point of a strategic plan? Briefly explain.
Redstone Corporation is considering a leasing arrangement to finance some special manufacturing tools that it needs for production during the next three years. A planned change in the firm's production technology will make the tools obsolete after 3 years. The firm will depreciate the cost of the tools on a straight-line basis
What is competitive intelligence? What is the importance of competitive intelligence and analysis in today's marketing?
Can you help me get started with this assignment? 2. What is competitive intelligence? What is the importance of competitive intelligence and analysis in today's marketing? 3. Define the four market segmentation variables (geographic, demographic, psychographic, and behavioral) and describe how they impact your organiza
As a manager of a financial planning business you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement or answer 8 phone calls, while Francis can either produce 4 financial statements or answer 10 phone calls. Does either person have an absolute advantage in producing bot
What is meant by the term "strategic management"? Also, explain the essential elements of strategic planning. Thanks for your assistance with this!
What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an organization that has failed to achieve competitive success as the result of failed planning.
1. Agree or disagree with the following statement - the U.S. has a competitive disadvantage in competing in global markets. Explain and support your answer. 2. Which do you think are the next two "hot" international markets for U.S. investment? Justify your answer with economic data. 3. Compare and contrast Sony, LG, and
How can information technology support a company's business processes and decision making and give it a competitive advantage?
How can information technology support a company's business processes and decision making and give it a competitive advantage? Give examples to illustrate your answer. Name one to three information technology systems used at your current (or past) employer. How did these systems serve your organization?