In detail, list and describe the pros and cons of being a technological leader as a functional strategy. b. In detail, list and describe the pros and cons of being a technological follower as a functional strategy. c. Based on your response to items a and b, indicate which functional strategy you would recommend and desc
What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are some examples of strategic objectives for your organization or one with which you are familiar? (perhaps a credit card company or retail chain store i.e. Macy's or Sears)
Looking for information on Price and Price elasticity of demand with information on how to chart or graphic the two. This information is on the topic of Best Buy. Prices, and Price elasticity of Demand Analyzing the current market conditions of the organization/industry you selected during Week One. Address the followi
Suppose that you are a healthy person and you buy a one-year insurance policy against becoming ill. You pay the fair expected value of this policy up front, which is a 1% chance that your expenses will be $100,000, so the premium you would pay is $1,000. a) How would you characterize this transaction? b) Now suppose another
Google has definitely gained market share with their search engine. The results of their dominance actually are represented in their stock price where I believe Google is trading at 425/share. One search engine that might give Google some competition is Microsoft's Bing. Bing seems to streamline searches a little better than Goo
Conceptualizing a Business (a consignment store): Explain the importance of consignment store business' vision, mission, and values in determining your strategic direction. Be sure to do the following (4 items below must be include): § Define consignment store, products/services, and customers by developing a m
Select a product and a country for a global business venture. Conduct a regional, country, and product analyses for your new global venture. Prepare a 1,050- to 1,400-word outline and a 5- to 7-slide summary presentation illustrating the following: I selected this idea: taking a personal growth company selling seminars and bo
Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000. This distribution follows the normal distribution with a standard deviation of $40,000. a. If we select a random sample of 50 households, what is the standard error of the mean
How do efficiency techniques differ in the short- versus long-run when attempting to maximize profits? What specific incentives are used in a hospital to promote efficiency? What conflicts may exist between a firm's desire to maximize profits and its ethical obligations? Can you give an example from a hospital setting place o
1. You are the manager of an organization in America that distributes blood to hospitals in all 50 states and the District of Columbia. A recent report indicates that nearly 50 Americans contract HIV each year through blood transfusions. Although every pint of blood donated in the United States undergoes a battery of nine diffe
As the CFO of an emerging company, you find that you are in need of about $20-25 million in the near future. Your company is privately owned, and you have not used outside venture capitalists or other sources of investor-supplied capital, up to this point. Your sales prospects are excellent, and you expect to be selling twice yo
Please discuss, in detail, what is meant by a hierarchy of strategy
Pick a Baldrige award winning company from: http://www.baldrigeusersguide.com/Resources/Resources.html prepare a one-to-two page detailed outline. In outline include information topics: 1. What forecasting techniques) company use? 2. How selected organization prepare budgets? 3. What MRP concepts regard organization?
1) What important differences exist between order placing and a strategic procurement role? 2) For anyone that's worked on a cross functional team, departmental conflict is nothing new. Discuss issues that might exist between the Engineering and Purchasing departments as the responsibilities and level of integration increase
Review articles on Roger's Diffusion of Innovations theory. * http://www.rogerclarke.com/SOS/InnDiff.html * http://cat.inist.fr/?aModele=afficheN&cpsidt=2164151 * http://books.google.com/books?hl=en&lr=&id=PfyXTB5rqHUC&oi=fnd&pg=PA173&dq=%22Lyytinen%22+%22What%27s+wrong+with+the+diffusion+of+innovation+theory%3F%22+&ot
What are the advantages and disadvantages of randomly sampling vs using a convenience sample? Do the advantages outweigh the disadvantages?
This is a group project to consider the Walt Disney Company using this web sit-(http://corporate.disney.go.com/). Produce a Strategic Audit for the Walt Disney Company. As you produce your Strategic Audit, make sure to include all eight sections. IFAS, EFAS, and SFAS tables are to be presented in Excel format, separate from
Based on the attached selected current process of Wal-Mart, I am seeking your help in order to create a flowchart that depicts the current process that will enable me to write my own paper. Current Check-Out Process at Wal-Mart: • A row of check-out lanes is located at the front of the store. • An open check-out lane is
1. If events are not mutually exclusive, which of the following are true? A) P(A or B) = P(A) + P(B) - P(A and B) B) P(A or B) = P(A) * P(B) C) P(A or B) = P(A) + P(B) D) P(A or B) = P(A|B) * P(B) E) none of the above 2. Which of the following would you use to optimize your investment when constraints apply? A) linear
Compute the market demand and determine the market equilibrium price and market equilibrium demand. 1. Use the following demand data to compute the market demand when the price is $45. P D1 D2 D3 37 20 4 8 47 15 2 7 57 9 1 6 67 5 1 4 2. Use the following supply data along with the demand data fr
Stephanie Robbins is the Three Hills power Company management analyst assigned to simulate maintenance costs. In section 15.7 we describe the simulation of 15 generator breakdowns and the repair times required when one repairperson is on duty per shift. The total simulated maintenance cost of the current system is $4,320. Robbi
In the triple constraint don't you think that quality is the most difficult one to track and quantify? Is there a method where on how you can quantify the quality metric?
Strategic Capital Investment Decisions Smith Electronics manufactures portable CD players. Lillian Perez, the VP of operations at Smith Electronics, is considering a major capital investment decision. It would cost $2,500,000 to put new, highly automated machines in the factory. The equipment would last about 15 years and would
Environmental Scanning Determine how to create value and sustained competitive advantage through strategy. Evaluate an organization's internal and external environments using an environmental scan. A. Use the Kudler Fine Foods Virtual Organization for this assignment. The Executive Team at Kudler has expressed a desire
List three (3) things that would cause a rightward shift in the Aggregate Demand Curve. List three (3) things that would cause a rightward shift in the Aggregate Supply Curve. What are some differences between the two?
1. Daily demand for cases of Royal Cola soda at Helen's Food shop has always been 5, 6, or 7 cases. Develop a decision tree and decision table that illustrate the decision alternatives as to whether to stock 5, 6, or 7 Cases. 2. In problem 1, demand could be 5, 6, or 7 cases of Royal Cola per day. Thus 5, 6, or 7 cases shoul
1-Discuss what it means to exceed customer expectations. Provide examples of how to do so. 2-What are some examples of historical events that illustrate the effects of poor quality on an organization's strategic plan? Or, vice versa, what are some examples of historical events that illustrate the effects of good quality on an
Questions - QUANTITATIVE 1. Why is this study a quantitative study? 2. What is the independent variable? 3. What is the dependent variable? 4. What research method should be used? 5. What is the population? 6. What is the geographical location? QUANTITATIVE A quantitative analysis of teamwork, team growth and developme
From the following payoff matrix, where the payoffs are the profits or losses of the two firms, determine (a) whether firm A has a dominant strategy, (b) whether firm B has a dominant strategy, (c) the optimal strategy for each firm, and (d) the Nash equilibrium, if there is one.
Bus and subway ridership for the summer months in Paris, France, is believed to be tied heavily to the number of tourists visiting the city. During the past 12 years, the following data have been obtained: Year(summer months) Number of Tourists(millions) Ridership(millions) 1 7 1.5