2. Suppose you are a strategic manager of ABC company. You are assigned to formulate a standard strategy for increasing the profit of the company. In this case, what process would you follow and why? Discuss.
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- 1. Descriptive analysis: What are the profitability benefits for Apple to engage in the following Short Term Business Decisions: a. Make or Buy b. Keep or Replace c. Accept or Reject Special Sales orderBackground: Mr. John Francois, the owner of John Francois Stores has been operating asuccessful business since 1977. However, he is not fully aware of whatstrategic management and planning entails. As a trust worthy employee, Mr.Francois has asked you to host a weekend retreat with him, his familymembers, and selected members of staff so that you can advise them aboutwhat strategic management and planning entails as well as how important itis for the organization to engage in strategic management and planning. Question1: What would you say to the members present at the retreat so that they canhave a very good understanding of what strategic management and planningentails, and why they should engage in the process so as to maintain thecompetitive advantage of John Francois Stores?Q3b Domod Plc is on the verge of collapse, and the main problem identified relates tothe lack of qualified staff. Explain the process for attracting and hiring staff startingfrom manpower planning to employee appraisal. ii. Henry Gantt is said to have developed the Gannt Chart, discuss the relevance of theGannt chart in decision making. Relate your explanation to your courses for thesemester and present a diagram to show how you would apply the Gannt chart andexplain how it functions using the diagram.
- 2 To produce a Strategic Direction to facilitating growth (figure 1b). Please indicate the strategic direction into Information Technology Strategy, Structure and FundingTo complete your task, you are required to choose a Start-Up business of your choice which you are going to make functional in near future. (For example, sole trading, partnership, private limited company etc.) Once you identify the type of Start-Up, business which you are going to make operational in near future. • Determine what type of internal and external information is required by your chosen business for planning, decision-making and control purposes. • Use PESTLE and Porter Five Forces framework to analyse the key factors (at least 3) that influence your organisation and how those will support business decisions.Mr. John Francois, the owner of John Francois Stores has been operating asuccessful business since 1977. However, he is not fully aware of whatstrategic management and planning entails. As a trust worthy employee, Mr.Francois has asked you to host a weekend retreat with him, his familymembers, and selected members of staff so that you can advise them aboutwhat strategic management and planning entails as well as how important itis for the organization to engage in strategic management and planning.What would you say to the members present at the retreat so that they canhave a very good understanding of what strategic management and planningentails, and why they should engage in the process so as to maintain thecompetitive advantage of John Francois Stores?
- 'Business strategy produces long-term plans for the business, taking into consideration plans and possible actions of competitors, the main objective being to position the firm so it has a competitive advantage.. If management accounting is to play this role in strategic management, it must provide managers not only with internal, financial information, but also with information, both financial and non-financial, about the environment in which the firm is operating: strategic management accounting' (Lord, 2007, p.135). Discuss the previous statement, taking in to consideration the following perspectives: a) The sufficiency of strategic management accounting components in achieving the new firm's roles in comparison to the traditional management accounting. b) The appropriateness of the new performance evaluation techniques (such as balanced scorecard and strategic management accounting techniques) to the strategic management accounting objectives in comparison to the traditional…123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handling(a) Analyzing the Directional strategies of NAFFCO (b) Analyzing the Portfolio Strategies of NAFFCO
- a) PLEASE EXPLAIN THIS BRIEFLY. b) RELATE THE BUSINESS DECISIONS (BUDGET DECISIONS VS FINANCING DECISIONS VS INVESTMENT DECISIONS) OF THE COMPANY.hi there lovely tutors! im here to cure my doubts. tutor, i hv 3 questions to ask. please help solve. Required: 1. Describe: Pfizer's company background its corporate vision & mission its business directions 2. Distinguish: two direct competitors and two indirect competitors of Pfizer company and provide with relevant examples Do you think the chosen company–Pfizer is the best in its industry? Justify the answer. 3. With reference to Porter’s Generic Model: discuss three strategic options available for the pharmaceutical industry with three suitable examples for each option. suggest 2 best strategic options for Pfizer company to pursue or which the company is currently pursuing. Thats all. tutor, i hope for a clear, precise & easy-to-understand explanations. (least plagiarized) thank you so much tutor!Headquarter in france.L oral is large cosmatic conglomerate with annual sale about 30 billion dollars and net income of about 3.5 billion dollar. L Oreal divid three segments. cosmatic, boady soap and dermatology. 1.Construct an External Factor Evaluation (EFE) Matrix for the target firm. (a total of 12-15 factors including Opportunities and Threats both) Do not intermingle Os and Ts.