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KPIs should be aligned with the overall business goals
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- As a result of Covid-19 Pandemic and the lock-down period, many companies suffered from minor performance problems. Recently, these companies are working on stabilizing their operations, revitalizing their resources and capabilities, and prepare to compete once again. These companies are using a ___________ strategy. competitive renewal stability turnaround retrenchmentA strategy that is designed to meet current needs without compromising the ability of future generations to meet their needs.Given the projected changes in America’sdemographics, name five products that will faceincreasing demand and five that will face decliningdemand
- “Nothing is constant, only change is constant”. Explain the statement w.r.t. factor responsible for change.Edwin should reconstruct SMCP with the effort to address the following issues. In executing this plan, he needs to deal with the conservative executive board members who want to retain the organizations identity and character. Lack of commitment among members Members were not committed to the development of the SMCP as a whole. They had different motives for being in the organization. Some were interested in honing their skills and learning more about the said hobby; others were there “just to have fun” (which was the objective of club), to kill time and to enjoy the “barkadahan”. Members come from all walks of life – with different professions and age which can account to the diversity of the organization. Unorganised organizational chart The five founders of the firm, four of which formed the executive board and the other one acted as the president. The irregularity of the web administrator and chapter contact, both of which are appointed and will serve SMCP for a term of one year…CMACGM is one of the leading shipping companies in the world. In the company everything is automated; everything is computerized from shipping request to the shipping delivery in the destination country. One of the main conditions for recruiting new managers is that all applicants should have IT knowledge because the company highly believes that technology is the key to success and will help in expanding and generating profit. This can be best described as Increase in competition Awareness of challenges Gains in productivity All of the answers
- Pizzas from Inghams is a chain of pie shops. Pizzas are produced fresh in the store and then supplied by a flood of drivers to consumers. The senior management team also described the company's corporate goals as delivery period and product consistency. Required: a) Propose three success metrics on each of the strategic targets. b) If the enterprise succeeds in meeting challenging output indicators goals, Even gain high profitability necessarily? Explain your reply.5. Maximizing the profitability of a company’s business model is about making the right choices concerning value creation through generic business-level strategies, given the demand and competitive conditions the company faces. There are several generic business-level strategies. Briefly describe TWO generic business-level strategies, using two examples in Trinidad and Tobago to support your answer. A complete answer will identify the generic business-level strategy as defined by Michael Porter and use an example from a locally operating company in Trinidad and Tobago, to support the explanation.When formulating corporate strategy, managers must make the decisions about the stages of the industry value chain to participate in. O True O False
- True or False: Strategic planning is primarily concerned with short-term goals and day-to- day operations.Sustainability strategy must align with:O a. structure, competencies and culture of the organization.b. structure, competencies and the UN SDGs.O c. structure and culture of the organization, and external consultants.O d. none of the above. What is a Zero Carbon Transition Plan?A plan to avoid emissions.O b. is a plan that provides a strategy to analyze emissions.d.Is a costed plan that outlines how a building will adapt over time to remove combustion from buildingoperations.none of the above.Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take? A. He would buy the Lucia espresso machine because surveys of the product show the highest customer approval. B. He would buy the Hellman espresso machine because the choice seems obvious. C. He would buy the Franceso espresso machine because research shows it is the most durable. D. He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones. E. He would buy the Almas espresso machine because his manager highly recommends it.
