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Configurations are the set of organizational design elements that fit together in order to support the intended strategy. But McKinsey 7Ss framework add more elements to fit together to form a self-reinforcing virtuous circle of superior performance of the strategy and the organization. Discuss.
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- A strategic auditor should create a control that is unique for a certain strategy which makes him or her creative. Are control and creative compatible?19 - Which of the following is the problem of a firm's lack of performance standards? a) Performance results are mixed. B) It is difficult to determine the timing of the performance. NS) Performance criteria are compared. D) It remains unclear on what basis the performance will be evaluated. TO) The situation arises as to who will measure performance.1. The threat from substitutes is high when: a.Switching costs are high b.The substitutes are very similar c.Quality of substitute is lower d.Price of the substitute is similar 2..The starting point of scenario planning is the: a.Vision Statement b.Strategic Goal c.Key Focal Issue d.Scenario 3.In scenario planning, driving forces may be identified by: a.Interview with key stakeholder b.Porter’s Five Forces analysis c.STEEP analysis d.All of the foregoing
- In developing and implementing IT, the study team and steering committee must consider organizational goals. These include: a. General, operating management, and technical goals b. General, technical, and top management goals c. Top management, operating management, and general systems goals d. Top management, operating management, and economic goalsQuestionAfter the analysis of your company Toyota Motor Corporation , please write the following sections in report form: 1.Decision making processChoose the best ans: Q: Which is not one of the common principles when implementing a balanced scorecard? Group of answer choices Align the organization to strategy. Make strategy a continual process. Place all the focus on bottom-line profit. Make strategy everyone's everyday job. Q: Customer satisfaction: Group of answer choices Is a function of how much the customer perceives they get from an exchange in relation to what they expected to get. Always guarantees profitability. Can be assumed if the company has a good record of quality. All of the above Q:If Hobby Lobby is trying to get more business by enhancing newspaper inserts and offering discounts for customers with a loyalty card, Hobby Lobby is focusing on which part of the marketing mix? Group of answer choices Product Price Promotion Place
- When performing sales mix analysis , which one of the following is false : a. Producing and selling more units of the product with a higher contribution margin would likely decrease the breakeven point b. Making changes to the sales mix will likely cause a change in the breakeven point c. The sales mix is usually assumed to be remain the same . d. Shifting the sales mix to the product with a lower contribution margin will likely ncrease the overall contribution margin e. Normally the calculation of the breakeven point for multiproduct is more complicated than that for a single productJi-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.Which of the following Strategic OM Decicion Elements do you prefer and why? Use example. Goods and services: This includes looking for ways to implement consistency in costs, quality, and resources across all business divisions. Quality Management: Be clear on the customer’s demands and then meet those expectations. Use market research to determine customer needs and batch quality assurance testing on products and services in production. Process and Capacity Design: Design strategies which support all production goals including technology and resources. A value stream map can help determine what processes are necessary and how to keep them running efficiently. Location: In developing a location strategy consider supply chain and how the location will receive supplies, the movement of goods and services internally and to customers, and the role of marketing and public relations in the location choice. Layout Design and Strategy: Consider the placement of desks, workstations, and how…
- 6. Which of the following is not a major consideration when assessing business requirements for IT initiatives? A. Complementary business process changes B. Potential technological solutions c. Gaps in performance indicated by the strategy map D. Project risks3. Companies such as Johnson and Johnson are in a more advantaged position because they have the product knowledge and thus, consumers must rely on them for accurate information about product safety, usage, and effectiveness. Given this situation, companies have a duty to take special care to ensure that consumers' interests are not harmed by the products that they offer them. Discuss what can Johnson and Johnson do in design, production, and marketing to ensure that the above is achieved. Only typing answer Please explain step by step
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