Question1: Diversification and Performance Note: Please explain clearly and give example
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Q: Diversification and Performance
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Question1: Diversification and Performance
Note: Please explain clearly and give example
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- Question1: Diversification and Performance Note: Please explain clearly and give example( 200-250 words)Q3- Suppose there is a company that does all the work manually and has a particular system in each department. After spending a period of time, they wanted to automate all the company's functions and operations, and they decided to apply the Enterprise Resource Planning (ERP) system to their organization. Why did they determine to use the Enterprise Resource Planning (ERP) system instead of manually working? Answer: Enterprise resource planning is a business suite that enables various organizations to manage the daily activities by integrating the finance, human resource, logistics, marketing, and operations functions as a single system. Enterprise resource planning systems allows various functions to communicate and exchange the information through compiling into a central database thus allowing all the employees a cross departmental visibility. The various advantages associated with the usage of ERP include, Generation of major time and financial savings through providing the…2 QUESTION 2 Type in five forces and identify each as Strong, Weak or Neutral. Support your analysis with statements and/or observations. Force Strong/Weak/Neutral Supporting Fact / Details Threat of substitutes Threat of new entrants Threat of existing rivals Bargaining power of suppliers Bargaining power of customers the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IUS Paragraph Arial 14px 启 Q 三= 三 三 次T Te Ω 区 田田 田用图 六()C 田 田
- QUESTION 5:What is demand forecasting and why it’s vital to the company’s operations?Question 8 3 pts A business plan assists with which 3 basic purposes in a business? Planning. Communication and Technology A Management, Planning and Communication B Management, Communication and Employment C Marketing. Communication and Technology“We promise our customers stellar service, our suppliers a valuable partner, our investors the prospects of sustained profitable growth, and our employees the allure of huge impact.” Q1. Analyse Netflix’s mission statement by applying the questions below that should be answered by a typical mission statement Why is the organisation in business? What are our economic goal? What is our operating philosophy in terms of quality, organisational image and self-concept? What are our core competencies and competitive advantage? What customers do and can we serve? How we view our responsibilities to shareholders, employees, communities, the environment, social issues and competitors?
- 8. Which of the following provides direction to the company by answering the question about what business a company is in? Question 8 options: Code of ethics Environmental analysis Competitive analysis Mission statementQuestion 7 Which of the following statements is true of an effective business mission statement? O 1. It is stated after the details of a marketing plan are developed. O 2. It should define a business in terms of goods and services rather than in terms of the benefits customers seek 3. It is based on an analysis of anticipated environmental conditions. O 4. It is kept confidential from customers and stakeholders.Q2. You are a Middle level manager in a Large Beverage manufacturing firm, which has a nation- wide network of distribution. Demand has kept increasing for energy drinks but your firm continues to function in the conventional soft drink arena. Decisions are not made timely about packaging, price and other promotional matters nor towards addressing the environmental needs. Therefore financial results are sluggish and market share is decreasing. You have been asked hv your CEO to deliver your analysis report of the firm's situation and why it's taking place?
- Question 1Winter Blues is a company that specializes in the sales of Wedding Dresses to individuals and companies. Winter Blues year end is 30 June 2021. The audit manager has tasked you with reviewing their computer system. Background Information The business was started in 2010 by Mirram Mulwanda as a small boutique. Over the years multiple stores were opened across Namibia. It has been Namibia’s dream to grow the business and sell to all the provinces of Namibia. In 2015 the sales clerk suggested to Mirram to introduce selling via the internet through Instragram Boutique System. That way she will grow her market by reaching her customers wherever they are. Mirriam tasked the IT department with the development of Instragram Boutique System in as she was not comfortable with purchasing a Computerized System. Additional Information regarding the business operations Ordering of goods is done by Mirriam the order clerk using a terminal that has been allocated to her. Orders are received…Part 4 Independent Challenge 2 1. Get ready Help Sage Realty Services find a solution to a problem. Complete the following steps. Figure 4-17 (duplicated below) shows the ideas for how to try the solution of improving customer service and increasing referrals for six months. FIGURE 4-17 Survey customers Sponsor event for home buyers Send links or DVDs of virtual tours Update contact management software Do in three stages: March 1-15, May 1-15, and September 1-15 Organize follow-up social events with recent customers 2. Now you try In the following space, identify the objectives and tasks for putting the solution into practice, based on the details shown in Figure 4-17. In the following table, organize the tasks into an action plan based on the following table: Sage Realty needs to improve customer service Better customer service will increase referrals (and sales), xxx Overall budget is $800 Survey customers ($75 for online survey, plus $125 for phone calls) Barbara Norman can do…Question 1 Strategy is an action that managers take to attain one or more of the organization’s goals. Strategy can also be defined as a general direction set for the company and its various components to achieve a desired state in the future. Strategy results from the detailed strategic planning process. A strategy is all about integrating organizational activities and utilizing and allocating the scarce resources within the organizational environment so as to meet the present objectives. Discuss the requirements to do a strategy from external and internal analyses perspectives in the case of ONE (1) logistics company after the end of COVID-19 pandemic.