Why might a specific replacement CEO candidate be a good or poor choice for a firm with an existing mission and vision?
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Why might a specific replacement CEO candidate be a good or poor choice for a firm with an existing mission and vision?
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- You plan to open a new business. Before you can approach a potential investor, you will need a strong plan. Describe the purpose and components of a business model and write a one-paragraph business model description for a business of your choice.What are the difference between the goals of profit maximization and maximization of shareholder wealth? Which goal do you think is more appropriate?identify a company that is currently facing issues that you believe could be effectively addressed by using one of the management science tools or techniques that you have learned about in this course. This company could be one that you are personally familiar with or one that you have identified in the current business literature.Your Part A report should cover the following: Briefly describe the company you have chosen, its business, and the environment in which it operates. Describe the company stakeholders and the company mission statement core values. Describe and document the critical issues facing the company that you believe could be addressed by implementing one of the tools or techniques you have identified in this course. Describe the technology that you have chosen for implementation and justify your selection by considering factors such as (but not limited to):Potential benefits through the support of decision making, Acquisition, development, and implementation costs,…
- What are the different forms of ownership that a business can adopt, and what are the advantages and disadvantages of each form? Additionally, how can an organization select the most appropriate form of ownership for its specific needs and objectives, and what are some of the key factors that should be considered in making this decision?Why does Developing and implementing a portfolio strategy for each business unit and a corporate policy for managing all the alliances of the entire company is necessary for successful alliance portfolio management?For large corporations, who is more responsible for the success of the company- the CEO and/or President, or the Board of Directors?
- how to explain the projected financial performance of the company?select a franchise that interests you. Once you have looked at the information provided, please prepare and submit a written report that covers the following: Name of franchise you selected and a brief summary of the business opportunity. Why you selected the franchise you did. What was it about this particular franchise that attracted you to it? Start-up costs. Specify what the owner (“franchisee”) will have to invest, as well as any contributions toward start-up that the franchisor will make. Potential profit or income from the business. Support that the franchisor will provide the owner (“franchisee”), such as training, supplies, materials/equipment, location, building.1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…
- Answer the question in paragraph format What strategy should an entrepreneur employ when selecting a personal board, an advisory board, or a board of directors?If one person is both the CEO and chairperson, what impact will this have on the firm or the stockholders?A proposed business (ice cream) should candidly evaluate the prowess, or ability, of its management team to satisfy itself that management has the requisite passion and expertise to launch the venture? Two of the most important factors in this area are:a) The passion that the sole entrepreneur or the founding team has for the business (ice cream) idea?b)The extent to which the sole entrepreneur or the founding team understands the markets in which the firm will participate?