Sergey Brin and Larry Page are the founders of Google. Most would agree that they have a superb product,but in order to grow, the company needed more structure. Together, they agreed to hire Eric Schmidt to jointhe executive team as the executive chairman. Schmidt quickly began performing the.function,where he created well-structured departments and hired skilled people to perform the various functions ofthe business.Multiple Choiceplanningorganizingcontrollingcontingency planning771

In management, the organising function refers to the process of arranging and structuring an…

Answered: Sergey Brin and Larry Page are the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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You and a partner plan to start a business. You want to schedule a time to sit down together and develop a business plan. Your partner says, “What’s the point? We both know what we want to do, so I think we can skip the formal plan.” How would you explain the importance of developing an organizing a business plan to your partner? And how would you convey the significance of a vision, a mission statement, and goal-setting as it relates to your business plan?
Please type the answer very fast.i ll upvote thank You A Managing Partner at Supreme-Acc Inc. Assume you are one of the Managing Partners at Supreme-Acc Inc., a small firm offering tax, advisory, forensic and auditing services, located in Cape Town. Just like any manager, your duties can be grouped into four managerial functions: planning, organising, leading and controlling. As one of the senior managers, your role is critical to the strategic direction and overall success of the business. Having a critical role in an organisation, much is also required from you. As an incentive, part of your remuneration package includes a 5% profit-sharing scheme. Identify and elaborate on five (5) reasons why strategic control is important to you as a Managing Partner at Supreme-Acc Inc. in the strategic management process
To make a “bulletproof” business plan, some mistakes must be avoided, and the following must be done:❖ Think through the business idea. You might have a great idea, but have you carefully mapped out all the steps you'll need to take to make the business a reality.❖ Do your research. Investigate everything you can about your proposed business before you start writing your business plan--and long before you start the business.❖ Research your potential customers and competitors. Is your product or service something people really want or need, or is it just "cool"? Study your market. Is it growing or shrinking? Could some sort of disruptive technology or regulatory change alter the market in fundamental ways? Why do you think people will buy your product or service? If you don't have any customers or clients yet, you'll need to convince investors that you have something people really want or need, and more important, that they'll buy it at the price you expect.❖ Get feedback. Obtain as…
1. State vision and mission statement of your chosen organization, highlight their keyfeatures. Suggest any changes in vision or mission statement if you deem necessary.2. Conduct a SWOT Analysis and develop a Strengths-Weaknesses-OpportunitiesThreats (SWOT) Matrix.3. Analyse long-term objectives and specific strategies of your organization.4. Analyse people, their capability, organization structure and corporate culture issues of your chosen organization, if you think they impacted on its successful strategyexecution.5. Offer recommendations for successful strategy formulation and implementation in yourchosen organization.
Which ONE of the following is not a valid difference between executive and non- executive directors? Select one: O 1. Executive directors work full-time, whereas non-executive directors work part-time. O 2. Executive directors tend to be paid considerably more than non- executive directors. 3. Executive directors are involved in the management of the company, whereas non-executive directors are not expected to be involved in management. 4. Non-executive directors should be independent, whereas the executives will usually not be.
DO NOT COPY AND PASTE FROM OTHER CHEGG POST OR SITE! WILL GIVE THUMBS DOWN!! ANSWER THE FOLLOWING QUESTIONS: 1. what is the importance of intrinsic and extrinsic leadership strategies for guiding employees toward achieving the organizational mission and vision? 2. What do you know about the relationship between leadership style and strategic management? 3. what do you know about strategies for creating competitive advantage and enhancing the guest experience? 4. What do you know about strategies for both maintaining a competitive footprint and exceeding competitors with respect to market share? 5. Does Faith Change Our Identity?
Directions: Answer the following: 1. Explain the meaning of a business plan. 2. Discuss the goals of a business plan. 3. Describe the reasons for developing a business plan. 4. Explain the essential elements of a business plan.
1. What was the overarching reason FreshDirect encountered issues with the move to the larger facility? They did not upgrade the technology to meet the demands of the new facility. They did not take into account the need for additional employees. They did not fully test the new technology before switching to the new system. They assumed that customers would remain loyal rather than switching to a closer rival. 2.Suppose you own a mid-size berry farm in upstate New York. You can sell your crops to FreshDirect or a traditional store. Why would you choose to work with FreshDirect over the traditional grocer? Your profits would be higher since FreshDirect works directly with suppliers. You can pay FreshDirect slotting fees to obtain prime shelf space. You would be pit against other farms for the lowest price. You would be required to cobrand products to strengthen the FreshDirect brand. You can set your own…
ScenarioYou are member of a team of consultants who address company policies and how those policies are successfully communicated and implemented. You have been hired by SolarWinds after the CEO publicly stated that a massive security breach was tied to an intern’s password choices. The company would like you to create a policy to ensure the situation does not happen again – but also suggest ways to improvethe company culture so that better security is positively and consistently valued.TimelineAfter each team member individually assesses the SolarWinds situation, your team will come together and write a concise policy to address the situation to help change and improve the company culture. Remember to address different areas of leadership and their responsibilities includes the new policy, and example of how that policy applies, and a list of recommendations to improve company culture around security. Background:…
Select the best answer for the question. 2. A company has several employment positions that haven't been filled because its employees don't have experience in the roles required to accomplis are hardworking and proud of the company. In this case, which one of the following strategies would be best suited to fill the positions? O A. Outsource the positions to another company. OB. Downsize. OC. Hire exclusively from outside the company O D. Create an intranet to offer in-house training. Mark for review (Will be highlighted on the review page) Previous Question reading assignmen....zip H 0 Next Question >>> ups 13°C M
Board of directors today are more confident in their knowledge of the companies they serve and more strategic intheir approach than they were in 2011, according to the latest McKinsey global survey on governance. They say agreater portion of their boards’ time is now spent on strategy, while they are spending less time than before onMergers and Acquisitions (M&A). The share of time spent on strategy is even greater at private-company boards thanat public companies, which tend to spend more time on compliance. While directors now report a more completeknowledge of various company issues than they did before, they say their boards struggle to understand and maketime to manage business risks—one of several areas where directors indicate room for further improvement. Anotheris the clear need for directors to spend more time on their role: the total number of days per year respondents saythey spend on board work has not increased much since the previous survey. At boards where directors…
PT 2 to this 1. Summarize which scenario is the most beneficial to the corporation and helps to build shareholder value. 2. Why should this project be implemented? 3. Be creative you are trying to sell the VP of Marketing's idea to the CEO and let him/her know you fully support this initiative as being accretive to the corporation!

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