Question (1): Answer the following question:. You are one of the top -level managers and is responsible for planning and setting the business strategy in the organization. When it came to the core advantage, you had to make a decision about the suitable core competency for your organization. From what you learned about core competencies, Choose one competency and explain in details, why is it suitable for your organisation in the marketplace ?
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- 1.State the problems facing the manager/key person 2.Identify and link the symptoms and root causes of the problems 3.Differentiate short term from long term problems 4.Conclude with the decision facing the manager/key person1. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? 2. What evidence would you offer to support their position?MANAGERIAL ECONOMICS 7. Make a complete description of the various risks and uncertainties faced by the company and ways to overcome them; give 2 (two) concrete examples of business decisions that anticipate risks and uncertainties!
- Do you think Harvard Business Review by author Nicholas Carr ('IT Doesn't Matter') in 2003 is still valid today. Does IT provides or doesn't provide strategic advantage for organizations? Make sure to provide examples and evidence of your position.Assuming you are currently working in a HEALTHCARE organization. To assist you and your thought processes during this assignment, please use the “four actions” framework. 1. Discuss and describe the red oceans your organization currently faces. 2. After using the "four actions" framework, describe the blue ocean opportunities for your organization. 3. Lastly, thinking of the blue and red oceans you’ve identified, how does this change your outlook for future strategic planning of your organization. ( attend all question and deeply explain and type answer) .1. What three (3) personal values should a manager possess to improve the organization's success in achieving/fulfilling its primary purpose? 2. Assumptions are used by management methods such as the Logical Framework Approach (LFA), Cost-Benefit Analysis, and Cost-Effectiveness Analysis to provide inputs for managerial decisions and actions. What is the logic of employing an assumption in coming up with or creating inputs for management decisions and actions, given that it is not guaranteed to hold? Is there any way to avoid making assumptions?
- For a suitable Jamaican company, you are to propose suitable and appropriate strategies for each of the four quadrant contained in the Ansoff Matrix. It is not sufficient to simply define each strategy and regurgitate the information you sourced from the internet. You must provide practical, relatable and appropriate examples from the company to show how each strategy that you have outlined could be applied in real-life scenarios, based on the company's situationWhich among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.. In what ways do adept managers skillfully navigate the intricate balance between immediate, short-term objectives and the pursuit of long-term strategic goals to ensure enduring success for the organization?
- 1. Drawing on your knowledge of the PESTEL model, analyse the external environment facing Severstal and identify the key external factors which impact on the company. 2. Using Porter's Five Forces framework, analyse the attractiveness of the global steel Industry in Severstal which ope Support your analysis with evidence from the Severstal case study. 3.Using Porter's Generic Strategies, analyse the competitive strategy employed by Unilever.Support your analysis with evidence from the Unilever case study. 4. Using the Ansoff's matrix, analyse the direction of growth that Unilever has undertaken to grow their busi Provide recommendations for Unllever's future growth.This is a management question ....How can organizations develop a strategic vision that balances long-term goals with short-term objectives? What are the key elements of an effective strategic vision?4. 1 6 4. Your Task For each scenario, discuss the following: - What is the issue (there may be more than 1)? • Who are the parties affected? List and explain 2 alternatives for handling each situation o Discuss 2 pros and 2 cons for each alternative What is your conclusion? Discuss the best way to handle each situation- use reasoning to justify your decision You manage a small restaurant. You have been hearing about two employees that have not been getting along very well. On the shifts when these two are working together, they have argued about duties, responsibilities, and other issues. Both employees have approached you recently and have complained about working with one another. You are concerned about these employees since this situation could interfere with their work ånd may become evident to the restaurant's customers.