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- Slide 2: Company Overview• Write a brief introduction to Walmart, including its industry, the size and scope of its operations.• Explain why this company is suitable for applying operations management concepts.Slide 3: Productivity• Discuss the importance of Walmart's productivity and how it is measured in the company's operations.2. Explain the nature and role in the firm of the following functional areas of management, th 1.1 Human Resource Management 1.2 Marketing Management 1.3 Operations Management 1.4 Financial Management 1.5 Information and Communication Technology Managementinformation can be get from operation strategy.
- Internal analysis (about organisation) Identify and discuss organisation’s unique resources & distinctive capabilities (approximately 10-12 Strengths and Weaknesses should be covered in total). Discuss resources (what a company has) and competences (activities) separately. While addressing unique resources (physical – e.g. retail outlets, manufacturing facilities, products etc.; human – e.g. people and teams crucial for successful strategic development; intangible – e.g. brands, links to external stakeholders etc. and possibly financial) make sure that each is discussed separately and concluded as an S or a W. Identify and discuss 5 to 6 resources in total. While discussing distinctive competences construct Value Chain for the organisation and within list a number of specific and distinctive activities for your organisation (5-6 in total). Demonstrate how unique capabilities link to competitive advantage (each distinctive competence from Value Chain should be “pushed” through VRIO…The Robo Company, makers of small engines for lawn mowers, reviews its strategic management process quarterly. Among the areas of review are internal environment assets, which include resources and capabilities to maintain success and grow new ventures to build an advantage over rivals. They frequently use the VRIO tool (valuable, rare, difficult to imitate, and organized to capture value) to assess their resources and capabilities. Two of their resources are their loyal customers and extremely high customer satisfaction, and one of their capabilities is paying above-average wages. They have a large manufacturing plant with older equipment. All engines are built manually, they have an experienced workforce. Customer service is handled by two part-time employees, and they get high ratings. Go-Fast Company is a competitor, also a maker of small engines for lawnmowers. After using the VRIO tool, they listed one of their resources as "loyal customers" and one of their capabilities as…A resource-based strategy A) is often based on cross-department combinations of intellectual capital and expertise. B) uses industry key success factors to provide a company with a core competence that rivals cannot effectively imitate. C) refers to a company's most efficiently executed value-chain activity. D) uses a company's valuable and rare resources and competitive capabilities to deliver value to customers that rivals have difficulty matching. E) is typically based on a stand-alone resource strength such as technological expertise.
- Required :Please do check the done mission statement and the classified above of Krispy Kreme Doughnuts Inc 2015, is in numbering in correct components or wrongly explain. If yes please make changes on the evaluation of mission statements with the components and conclusion as stated above. Follow as the aboveThe Products and Service Offered are Electric Vehicles (EVs): Charging Infrastructure Solutions: Battery Swapping Services EV Maintenance and Repair Services: Customization and Personalization Requirement: 1) Given the product or service which your business proposes to offer, assess and discuss the three stages of the strategy-formulation framework, discussed in the course. 2) For each stage, include one (1) tool in your assessment. Stage 1: Input Stage Tools: CHOOSE ONE (1) Internal Factor Evaluation (IFE) matrix, External Factor Evaluation (EFE) Matrix, Competitive Profile Matrix (CPM) Stage 2 :The Matching Stage Tools: CHOOSE ONE (1) SWOT Matrix Strategic Position and Action Evaluation Matrix (SPACE matrix) BCG Matrix Internal-External Matrix Grand Strategy Matrix Satge 3: The Decision Stage Tool : Quantitative Strategic Planning Matrix (QSPM)Discuss the downsizing process in your own words and provide an example. The answer should be brief as well as the example. Both of them shouldn't be too long or detailed. I know the answer is already existed in Chegg and Bartleby. However, I want a NEW and DIFFERENT answer please. Use your OWN words. No plaigarism. No copy and paste. No handwriting. Thank you.
- The Robo Company, makers of small engines for lawn mowers, reviews its strategic management process quarterly. Among the areas of review are internal environment assets, which include resources and capabilities to maintain success and grow new ventures to build an advantage over rivals. They frequently use the VRIO tool (valuable, rare, difficult to imitate, and organized to capture value) to assess their resources and capabilities. Two of their resources are their loyal customers and extremely high customer satisfaction, and one of their capabilities is paying above-average wages. They have a large manufacturing plant with older equipment. All engines are built manually, they have an experienced workforce. Customer service is handled by two part-time employees, and they get high ratings. Go-Fast Company is a competitor, also a maker of small engines for lawnmowers. After using the VRIO tool, they listed one of their resources as "loyal customers" and one of their capabilities as…A mission statement should serve as a roadmap for developing the organization's strategies. Select one: a. True b. False"Taking service operations offline" is an example of O a. Decoupled service operations O b. Focus strategy O c. Making intangible tangible d. Differentiation strategy AGE