Wal-Mart’s Core Competencies Wal-Mart is a company that has taken its core competencies‚ which are the capabilities the firm emphasizes and performs especially well while pursuing its vision (Ireland‚ Hoskisson‚ Hitt‚ 2008)‚ and turned them into competitive advantages. Core competencies must satisfy four characteristics in order to be a competitive advantage. These advantages‚ according to our text‚ include: *valuable‚ *rare‚ *difficult to imitate‚*nonsubstitutable. Wal-Mart’s Core
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References: Helliegel‚ D.‚ & Slocum‚J.W.‚Jr. (2011). Organizational Behavior: 2011 custom edition (13th ed.). Mason‚ OH: South-Western Cengage Learning Hitt‚ M‚ Ireland‚ R‚ & Hoskisson‚ R. (2009). Strategic management: competitiveness and globalization‚ concepts and cases. Mason‚ OH: South Western Cengage Learning
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area of Harley-Davidson incorporate is a large area with a world wide network of more than 2‚000 dealers. The company has a low to moderate level of diversification where seventy-five to ninety percent of the revenue comes from a single business (Hitt‚ 2010‚ p.160). The company has firm control over the market‚ and has many competitors in the United States as well as other parts of the world. The competitive strategy used by Harley-Davidson is a highly differentiated range of products combined with
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strategy fits its products to each country in which they conduct business. Moreover‚ the organization establishes a collection of relatively independent operating subsidiaries‚ each of which focuses on a specific domestic market (Ireland‚ Hoskisson‚ & Hitt‚ 2008‚ p. 169). The nation’s most popular burger chain‚ McDonalds is a perfect example of the multidomestic strategy. McDonald’s has a global presence that spreads across 119 countries all inhabited continents. McDonalds’ has turned the home of Le
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UNDERSTANDING ORGANIZATIONAL CULTURE Deepak K. Agrawal‚ College of Business‚ Wayne State College 1111 Main‚ Wayne‚ NE 68787‚ deagra01@wsc.edu ABSTRACT Culture has significant impact on the organization. People of an organization learn the national culture as they grow up. It is very deeply rooted in their lives because of the fact that they learned and followed such culture for a very long period of time. It is also based on shared attitudes‚ beliefs‚ customs‚ written and unwritten rules that
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Inc. Hitt‚ M. A.‚ Miller‚ C. C.‚ & Colella‚ A. (2010). Organzational Behavior (3rd ed.). Canada‚ Can: John Wiley & sons‚ Inc. Ivancevich‚ J. M.‚ Konopaske‚ R.‚ & Mattesen‚ M. T. (2011). Organizational Behavior and Management (9th ed.). New York‚ NY: McGraw-Hill Companies‚ Inc. Kumar‚ P. (2011). Meaning and Nature of Business Ethics. Retrieved September 8‚ 2013‚ from www.slideshare.net;www.ask.com/question/how-do-ethics-influence-human-behavior-in-organizations. Martin‚ J.‚ & Fellenz‚ M. (2010). Organizational
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act as anti-oxidants and help counteract free radicals in the body. Schreiber (2011) highlights that; antioxidants in dark chocolate may keep our life healthy as they promote vasolidation which may consequently lower blood pressure. Besides that‚ Haynes (2008) found that anti-oxidant diets can also lower the risks of heart attack‚ stroke‚ cardiovascular disease‚ cancer‚ cholesterol problems‚ arthritis‚ asthma and Alzhemier’s. Additionally‚ dark chocolate also holds others benefit which it acts
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the globalization of the current world’s markets. Globalization can be defined as increasing economic interdependence among countries as reflected in the flow of goods and services‚ financial capital‚ and knowledge across country borders (Hoskisson‚ Hitt‚ Ireland and Harrison 2008: 4). Globalization creates competitiveness between companies and pushes companies to think globally. So‚ it’s a challenge for managers‚ as they must play special roles in dealing with many changes and must develop competencies
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as well as trade finance‚ and outsourcing services (Hitt et al.‚ 2011‚ p. 100-102). The purpose for Citibank’s wide variety of products is to satisfy its clients. Because Citibank’s products are so diverse‚ clients and potential clients are able to get all of their banking needs met in one location. Citibank can build on this strength by continuing to diversify their product offerings in order to maintain their focus on customer satisfaction (Hitt et al.‚ 2011‚ p. 101). Strength – Global Reach Citibank
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APA Reference 1. Ireland‚ Hoskisson‚ Hitt. (2011). The Management of Strategy‚ Concepts and Cases (9th ed.). Canada: South-Western Cengage Learning. 2. Beal‚ V. (2005). Radio frequency identification. Retrieved February 10‚ 2012‚ from http://www.webopedia.com/DidYouKnow/Computer_Science/2005/rfid.asp 3. The Aim Global. (2012). What is RFID? Retrieved February 10‚ 2012‚ from http://www.aimglobal.org/technologies/RFID/what_is_rfid.asp 4. Buzzle. (2012). Advantages and Disadvantages
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