STRATEGIC MGMT LL CASEBOOK W/CONNECT
STRATEGIC MGMT LL CASEBOOK W/CONNECT
4th Edition
ISBN: 9781307485110
Author: Rothaermel
Publisher: MCG/CREATE
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Chapter 4, Problem 3MS
Summary Introduction

To answer: The given questions.

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What is more important for a firm–profit maximization or value maximization? What issues or conflict of interest can come up between owners and managers and how can they be solved?
When an organization looks at competitive differentiation, costs of doing business, they do SWOT and SOFT analyses, all as a part of determining the strategic direction of the business. As the leader of the organization’s human resources department, you will be developing your own strategy, which will provide direction to your group on how your team will support the overall goals of the company. You work for a small-box retailer that’s a little late getting into the ecommerce space. Now, the company wants to move quickly from a “bricks-and-mortar” only approach to one that embraces omnichannel retailing. Why? Because the competition is eating their lunch! Currently, the company’s website is barely a page or two. One page features an “about the company” area and a list of store locations. As an HR leader, you have a recruiting page on it and a link to your application system, but that’s about it. Ecommerce and omnichannel retailing seem light years away, but the company’s five-year…
Reflect on your experience in this course. What do you consider as, potentially, the most important elements when working to improve an organization’s competitive advantage and create value for all stakeholders?
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