• Operations Management: Long Term Expansion Strategies
    expansion, the strategies can be classified as: v Single step large expansion v Multi-step incremental expansions Single step large expansion vs. Multi-step incremental expansion: Single/Multi-Step Expansion Strategy As per single step expansion strategy the capacity is expanded in one large...
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  • Business Leadership Notes
    : Evaluate results f. Repeat process as necessary 4. Issues in Managerial Decision Making a) Importance of creativity Creative decisions are more likely when the people involved have stronger creativity skills b) The Advantages and disadvantages of individual and group decision making Advantages...
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  • MGT 302 Notes
    supply chain processes Introduce the concept of risk assessment and mitigation The firm’s strategy describes how it will create and sustain value for its current shareholders and stakes holders Shareholders: individuals or companies that legally own one or more shares of stock in the company...
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  • Om Chapparal Steel
    development going company is keen in expanding itself. However to fulfil future requirements company has decided following step processes to deal with it. In case of a major capacity expansion program at the company being considered, in the new plant, the management might have following...
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  • Google
     advantages  and  disadvantages  of  three  different  entrant  types:  first-­‐mover;  early  followers   and  late  entrants.    An  examination  of  where  Google  is  placed  in  this  regard  is  presented  in  the...
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  • Mr. Man
    conditions: First, if a company enjoys a substantial incremental cost advantage or can achieve one with a low-price strategy, its competitors may be unable to match its price cuts. Wal-mart, Dell, and Southwest Airlines created low-cost business models that enabled them to grow profitably using...
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  • General Electric
    strategy. 3. Once it is clear what to look for, the task of identifying a company’s strategy is mainly one of researching information about the company’s actions in the marketplace and business approaches. 4. To maintain the confidence of investors and Wall Street, most public...
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  • Strategic Management Notes
    Red Hat Linux. IV. What Makes a Strategy a Winner? 1. Three questions can be used to test the merits of one strategy versus another and distinguish a winning strategy from a losing or mediocre strategy: a. How well does the strategy fit the company’s situation? i. To...
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  • Thsesis
    - tates control and communication and also provides motivation to employees. Budgeting allocates funds to achieve desired outcomes. A budget may span any period of time. It may be short term (one year or less, which is usually the case), intermediate term (two to three years), or long term (three...
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  • Bba Directed Study Module 1
    made. 4. Describe the basic forms of organization design. What are the advantages and disadvantages of each? The basic forms of organization design are functional, conglomerate, divisional and matrix. The functional design is the functional approach to departmentalization. Allows staff to organize...
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  • Global Strategy Course Notes
    resources, prioritising growth businesses within the portfolio Business Strategy (1.31) * One business only * Aims to build and strengthen the long-term competitive position in the market place * Sustainable advantage requires where competitive edge can be achieved, determine what product...
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  • Strategic
    special identity, business emphasis and path for development. A vision is a clear view of what one wants to do. Criteria for effective strategy Clear decisive objectives which if achieved ensure the continued viability and vitality of the entire organization compared to competitors High...
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  • Entry Mode Theory
    most time consuming one. Going international by taking small, incremental steps may be safest option but it is also the slowest one. This can be a disadvantage because imitators might copy the company’s business model and replicate it in their own home market taking away its potential market share...
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  • Business Strategy
    is done step by step and finally comes out with logical incrementalism which is a broad long term. Advantages of the incremental approach to strategy  Avoids major errors  It is accepted by employees and management Disadvantages of the incremental approach to strategy...
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  • Starbucks Business Plan
    strategies 59 4.5.2 Entry modes 61 4.5.2.1 Types of entry modes 61 4.5.2.2 Presentation of entry modes 62 4.5.2.3 Advantages and disadvantages of entry modes regarding coffee shop chains business expansion 64 4.5.2.4 Reflections 65 4.5.3 Incremental and simultaneous strategy (Waterfall...
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  • Analyzing a Company’s Resources and Competitive Position
    from the conclusions about a company’s situation and the implications for a strategy improvement that flow from the four lists. 2. Figure 4.2, The Three Steps of SWOT Analysis: Identify, Draw Conclusions, Translate Into Strategic Action, shows the three steps of SWOT analysis. 3. Just what story the...
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  • Besanko
    you wanted to quantify a firm’s learning experience. One possible measure is the firm’s lifetime cumulative output. What are the advantages and disadvantages of this measure? Can you offer a superior alternative measure? The magnitude of learning benefits is often expressed in terms of a slope...
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  • Mod 1
    factor whether an organization decentralizes or centralizes. The risks and costs of decisions as well as the history of the organization can also be deciding factors. 4. Describe the basic forms of organization design. What are the advantages and disadvantages of each? The functional design...
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  • Market Mix
    : Demographic/economic factors. Lifestyles. Consumer motivations. Geography. Buyer behaviour. Psychographics, etc. An illustration of the whole international market segmentation/screening process (steps 1-4 in figure 7.2) is seen in figure 7.9 on page 202. Market expansion strategies In designing...
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  • Understanding Business-Strategy
    dynamic capabilities: capabilities that can adapt to environments of rapid technological change. Also, What is required for them to change over time and how this process of change can be described. One particular aspect they focus on is the path-dependent nature of change: the competitive advantage...
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