The audit which is carried out by the organisation's own staff is called: Select one: a. Own. b. Organisational. c. Internal.
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The audit which is carried out by the organisation's own staff is called:
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- how would data be collected for each element, and how might management at J.C. Penney use that data to provide loyal customers with a very strong relationship with the firm?In a discussion with a colleague the following statement is made to you: 'I was explaining data flow diagrams to our client this morning. It took a while but eventually they understood that divisions of their organisation must be shown as internal entities, and other businesses or customers must be shown as external entities.' Evaluate this statement and read relevant course materials (lecture, tutorial, and book chapter). Actual questions will be asked during assessment. Question: Evaluate the extent to which your colleague is correct. Justify whether your colleague is right or wrong by referring to the definition of internal and external entities. Use examples to justify your answer.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 three organizational levels are: a. Corporate level, business unit level, functional level b. Corporate strategy level, business level, specialist level c. Corporate strategy level, business unit level, functional level d. Corporate level, business level, functional levelA 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.86) Strategic restructuring can take different forms including: a) Restructuring the firms portfolio of businesses. b) Restructuring the firm’s financing through debt and/or equity. c) Merging the marketing and sales functions into one department. d) A and B e) A and B and C
- Which statement is accurate about a matrix organization? It creates an environment in which the unity-of-command principle is strictly followed. It is composed of dual reporting relationships in which some employees report to two superiors. It involves holding employees together by contracts that stipulate results expected, rather than by hierarchy and authority. It is a collection of independent, mostly single-function firms that collaborate to produce a good or service.Opportunities and threats are: a) dealt with primarily in a firm's operational planning process. () b) factors that are external to the firm but can still affect its performance. ( c) factors that are internal to the furm and those over which the fum has a great deal of control d) identified as part of the fum's tactical planning process1. Criticise the SECI model with reference to other models of knowledgemanagement 2. evaluate the use of outsourcing for the development of a mobile appfor Aerobuddies
- Within the context of strategy formulation, what is the firm in the business of doing is considered as iii. assessing core competencies 11. what a firm does better than anyone else iv defining a primary task i the purpose of the firm V. positioning the firm OO D DWhich board of directors committee is responsible for monitoring the internal operations of the firm? Select one: O Corporate Compliance O Auditing O Corporate Governance O Evaluating Jump to...Select the characteristics that firms should look for in a partner when pursuing an M&A. You may select one or more. Select one or more: a. b. The firm is undervalued. The firm has poor leadership. c. There is organisational fit. d. There is strategic fit.
