Which of the following is NOT a reason to outsource non-critical activities? Question 3Answer a. Lower costs b. Increase competitive responsiveness c. Increase internal bureaucracies d. Flatten organization strategy
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Which of the following is NOT a reason to outsource non-critical activities?
Question 3Answer
a.
Lower costs
b.
Increase competitive responsiveness
c.
Increase internal bureaucracies
d.
Flatten organization strategy
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- INSTRUCTIONS Description 1. Analyze the five forces within the industry you choose and identify each as Strong, Weak or Neutral. Support your analysis 2. Identify specific companies within the industry that are following each of the 4 Generic Strategies discussed in the slide12) According to Agency Theory, why do mangers want to diversify? a) To increase risk b) To expand the empire the manager’s control c) To decrease revenue d) A and B e) A and B and C1:03 A ccdc.instructure.com What is the purpose of diversification in corporate strategy? to alleviate boredom to build prestige to spread out risk to protect money Question 3 2 pts What does SWOT analysis stand for? O strengths, weaknesses, opportunities, and theories O strengths, weaknesses, opportunities, and threats symbols, weaknesses, opportunities, threats ○ strengths, weaknesses, obligations, threats •
- 5 Suppose you are writing a business plan for an event plannning business what are the: Complimentary Products / Services • Advances in Technology • Economic Conditions: improving / declining • Customer Demographics • Environmental challenges • Global forces of change • Governmental and regulatory changes now and pending • Social / Cultural issues existing and trendinglist some facts of KFC how they apply the 8Ms of management107- What factor does the GE-Mckinsey matrix use to compare BU? a. Growth and market share b. Growth and market attractiveness c. Competitive strengths and industry attractiveness d. Growth and industry attractiveness
- 10. Use online resources to find one example each of businesses following a single-product strategy, a related diversification strategy, and an unrelated diversification strategy. What level of performance would you expect from each firm, based on its strategy? Examine the firm's profitability to see whether your expectations were accurate. essibility: Unavailable Feb 5, 2022, 2:58 PMd. Time consuming and the need to continually develop new capabilities The primary aim of strategic management at the business level is: Select one: t of O a. Maximizing risk to return trade-offs through diversification O b. Achieving competitive advantage estion O c. Achieving a low-cost position O d. Maximizing differentiation of products and/or servicesQuestion Onea) From Michael Porter’s Five Forces Model, discuss clearly the structural analysisof the industry environment any three threats affecting the operations of anorganisation like from ZAMTEL b) Explain clearly your understanding of one of the corporate diversificationstrategies called vertical integration. Give an example and state whether it isbackward or forward vertical integration. c) Discuss the external environmental factors that can affect an organisation’sStrategy. d) Define a corporate vision and mission statements and discuss two benefitsof having clearly defined vision and mission statements.
- I need help Preparing a 500- to 700-word Strategic Systems Thinking Strategy Proposal that identifies 3 key organization strengths and the role they play in identifying and building upon 3 key opportunities that fit your organization’s overall strategy. SWOT Analysis Table Internal or External Helpful Harmful Internal Strengths/Positive These are the internal characteristics that give your facility an advantage. Experienced and compassionate staff * Strong reputation for quality care * Modern and wellmaintained facilities * Specialized programs for different needs * Competitive pricing Weaknesses/Negative These are the internal deficiencies that hinder your facility's performance. High staff turnover * Limited bed availability * Outdated equipment * Lack of specialized services * Inefficient operational processes External Opportunities/Positive These are external factors that present possibilities for growth and development. Increasing demand for long-term…1. What is strategic competitiveness, strategy, competitive advantage, above-average returns and strategic management process? 2. What are the characteristics of the current competitive landscape? What two factors are the primary drivers of this landscape? 3. According to the I/O model, what should a firm do to earn above-average returns? 4. What does the resource-based model suggest a firm should do to earn above- average returns? 5. What are vision and mission? What is their value for the strategic management process? 6. What are stakeholders? How do the three primary stakeholder groups influence organizations? 7. How would you describe the work of strategic leaders? 8. What are the elements of the strategic management process? How are they interrelated?1. Using the industry life-cycle model, explain how the threats and opportunities for existing firms in an industry change over time. (Answer should be not more than 2 to 3 paragraph) 2. Define the following: • PLC• SWOC• Strategic Intent
