MANAGEMENT LCPO
9th Edition
ISBN: 9781264345151
Author: KINICKI
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 5, Problem 9UTC
Summary Introduction
To determine:
Key essentials for successful implementation of Management by Objective (MBO).
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Topic Selection (25 points)
Task:
I. Identify a Topic: Choose a topic we covered in class that piqued your interest.
This could be anything from leadership styles, organizational behavior, cultural
intelligence, motivation theories, etc.[1]
II. Describe the Topic: Provide a detailed description of the topic, including key
concepts and ideas discussed in class.
III. Explain why it Stood Out: Discuss why this topic caught your attention.
Consider aspects such as its relevance to your career, its impact on your thinking,
or its applicability to real-world situations.
[1] Wengelnik, C. (2020). SHORT & SWEET - How to Properly Review Class Material
with the Help of a Major Take-Away Summary Sheet. Open-Source Publication.
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Research and Learning (25 points)
Task:
I. Conduct Research: Perform in-depth research on your chosen topic using
credible academic sources such as journal articles, books, and reputable
websites. Avoid using…
QUESTION 4 A prominent example of a South African company that employs a cost leadership strategy is Shoprite Holdings Ltd. They focus on offering a wide range of products at lower prices than competitors, attracting cost-conscious consumers. As one of the largest supermarket chains in Africa, Shoprite benefits from economies of scale, enabling them to negotiate better prices with suppliers. Their efficient supply chain and logistics minimise costs, while a selection of private label products provides cheaper alternatives to branded items. Additionally, Shoprite's expansion into lower-income areas reinforces its commitment to accessible pricing, helping to maintain a strong competitive position in the South African retail market. Against this background, critically analyse Shoprite’s use of a cost leadership strategy.
QUESTION 6 Assume that you are the CEO of an organisation that is considering growing its footprint by establishing operations in the United Arab Emirates. Critically evaluate the key decisions that should be conceptualised to ensure the effective entry into the United Arab Emirates.
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