Strategic Management
3rd Edition
ISBN: 9781259420474
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Textbook Question
Chapter 6, Problem 1MS
Employees and consultants say the Amazon workplace is the epitome of a “do more of less cost” environment. We recognize this is a hallmark goal of a cost-leadership business strategy. But ask yourself this key question. Is it the type of high-pressure work environment in which YOU would thrive?
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part of ethical dilemma of business leaders when facing dire financial constraints would be to cut down to costs. As such, the most common knee jerk reaction is to:
cutdown on all fixed cost
cut down on labor cost
cut down on representing expenses
cut down on administrative expenses
what is the best answer?
Answer the case
Alternative course of action – there should be at least two alternative courses of action or possible solutionto your problem. For each alternative, you should be able to come up with its own advantages anddisadvantages
Identify one of the 9 strategies that stood out to you and explain why you feel it is important.
Provide an example of how you can include the strategy you identified in your life.
Why do you think so many employers seek employees with strong ethical reasoning abilities?
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