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- The pursuit of competitive advantage requires a strategist to discover or build a company’s core competencies which will constitute the vehicle that will drive the implementation of successful strategies. A renowned global consulting firm, McKenzie Consulting Group states that “in order to gain and sustain competitive advantage, an organization should at least possess three core competencies which will form the foundation upon which successful strategies are developed”.Required:a. Briefly distinguish resources from core-competenciesQUESTION 1 (30) An organisational structure provides the framework within which an enterprise functions. Flexible structure will assist in dealing with challenges and creating opportunities for growth. A sound organisational structure facilitates growth of the organisation by increasing its capacity to handle complex operati ons. Identify any 2 (Two) distinct organisations from your community that have adopted different organisational structures. Critically discuss the effectiveness, merits and demerits of the organisational structures adopted by these entities. Provide recommendations on other structures that may be adopted by the identified organisations to achieve operational eff iciency. QUESTION 2…Number 3
- Q.14. What do you mean by organising function? Explain the common type of organisational structures adopted by the companies these days? (10)Q.3 “The benefits and limitations of using stakeholder rights as a basis for identifying business responsibilities”. Do you agree or disagree with this statement? Explain it in detail.Q.No.2: Determine the type of scale (Nominal, Ordinal, Interval or Ratio) for the following examples. Age: _______________ Qualification: Intermediate Bachelor Master Phil. & Above Total work Experience in years: 1-5 6-10 11-15 16 & above Type of Organization ORIC R&D Firm Think tank Salary More than 15000 More than 25000 More than 45000 More than 95000 I love gardening. 1)Strongly Agree 2) Neutral 3)Disagree
- A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.Course: Management Informatin Systems 1 This activity demonstrates how to create graphics to enhance the presentation of quantitative data Scenario The sales manager for a small manufacturer is interested in marketing the company's rain coat line in a new area of the country. As a first step to establishing a marketing plan she has asked you to produce some graphs showing the market share of the products sold over the past several years in the region. Analysis After some research, you acquire the approximate sales for each of the competing products presently in the region under consideration (See the data given below). The question now is to show how best to organize the data to take advantage of a graphical analysis. Pie charts give a quick overview of the market share "slices” each competitor presently enjoys. So you decide to use a pie chart to graph the most recent year's sales data for the region. This will give a good indication of just who the market leaders are and how crowded…Plss answer
- Q.1.3 Discuss the role that transformational leaders play in encouraging innovation withinan organisation.Louisiana is busy designing new lottery scratch-off games. In the latest game, Bayou Boondoggle, the player is instructed to scratch off one spot: A, B, or C. A can reveal "Loser," "Win $2," or "Win $15." B can reveal "Loser" or "Take a Second Chance." C can reveal "Loser" or "Win $500." On the second chance, the player is instructed to scratch off D or E. D can reveal "Loser" or "Win $2." E can reveal "Loser" or "Win $15." The probabilities at A are 0.70, 0.19, and 0.11. The probabilities at B are 0.75 and 0.25. The probabilities at C are 0.995 and 0.005. The probabilities at D are 0.6 and 0.4. Finally, the probabilities at E are 0.94 and 0.06. Draw the decision tree that represents this scenario. Use proper symbols and label all branches clearly. Calculate the expected value of this game. Choose the correct decision tree below. OA. O C. B Loser (0.995) Win $2 (0.00) Win $500 (0.005) Loser (0.75) 2 Second Chance (0.25) 0 Loser (0.6) 0 Win $2 E Loser (0.70) 0 0.4) 2 Loser (0.94) Win $2…Q.1) Identify other key resources or capabilities possessed by Next discussed in the article. Capabilities: One of Next’s main capability which Wolfson implemented on Next was to change the existing methodology that was used by Bronek Masojada, with respect to his ideology which he executed was the use of the catalogue, and replace it with modern day technology by introducing ecommerce, which paved way for consumers to purchase goods online, this then gave Next a leverage over other stores as well as avoid the disturbances caused by Covid-19. With ecommerce next has been capable of generating 500m in sales in overseas Online store label which started off as an experiment selling sports wear has been making good money around 500m just last year With the innovation of total platform next has become online host for other well known brands to help launch their products on ecommerce. Which can bring customers to next website. With covid-19 around the corner next online sales have been all…
