Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 8, Problem 2CTQ
How has Tesla’s strategic position changed since it was founded in 2003?
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Defining the scope of an information technology project is a challenging task due to the uncertainties in time, cost, technologies, quality, human resources, and so on. Address the following questions.
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Directions: In Chapter 1 we introduce Project Management.
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Chapter 8 Solutions
Principles of Management
Ch. 8.1 - Why do managers use strategic analysis?Ch. 8.1 - How are internal factors different from external...Ch. 8.2 - Explain the elements of a SWOT analysis.Ch. 8.2 - What information does a SWOT analysis provide...Ch. 8.3 - Describe a firms macro environment.Ch. 8.3 - What does PESTEL stand for? How do managers use...Ch. 8.3 - How would you approach this issue if you were the...Ch. 8.3 - What PESTEL challenges is LEGO trying to address...Ch. 8.3 - Explain what favorable PESTEL factors support...Ch. 8.4 - Describe each of Porters Five Forces. What...
Ch. 8.5 - What are firm resources and capabilities?Ch. 8.5 - Describe a value chain and what the activities in...Ch. 8.5 - What is VRIO? What questions do the letters stand...Ch. 8.5 - What resource or capability challenges have Uber...Ch. 8.5 - What PESTEL factors do you think are contributing...Ch. 8.5 - What industry challenges (think of Porters Five...Ch. 8.6 - What is competition, and what is the role of...Ch. 8.6 - When does a firm have a competitive advantage over...Ch. 8.6 - Explain the differences between the three...Ch. 8.7 - How does strategic analysis help a firm develop...Ch. 8 - Why do managers use strategic analysis?Ch. 8 - What information does a SWOT analysis provide...Ch. 8 - Describe a firms macro environment and how...Ch. 8 - What is a firms micro environment, and why is it...Ch. 8 - What is an industry, and how do Porters Five...Ch. 8 - What are firm resources and capabilities, and what...Ch. 8 - When does a firm have a competitive advantage over...Ch. 8 - What are generic competitive strategies, and how...Ch. 8 - What do strategic group members have in common...Ch. 8 - How does strategic analysis help a firm develop...Ch. 8 - What PESTEL factors supported Teslas success?...Ch. 8 - How has Teslas strategic position changed since it...Ch. 8 - What kind of responses would you expect from...
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- Question 2/60 Correction is always better than: Maintenance Containment Root cause identification Preventionarrow_forwardQuestion 47 / 60 Root cause is related to: The "x" on y=f(x) The "y" on y=f(x) The "=" on y=f(x) The "f" on y=f(x)arrow_forwardQuestion 58/60 Ishikawa is more applicable to projects related to lead time. This statement is: True Falsearrow_forward
- Question 49 / 60 Lean Six Sigma is focused on solving highly complex problems. This statement is: False Truearrow_forwardQuestion 60 / 60 Lean Six Sigma guarantees that all problems can be solved. This statement is: False Truearrow_forwardQuestion 23/60 Sigma Level is is used to evaluate how stable my process is. This statement is: True Falsearrow_forward
- Question 24/60 Lean Six Sigma is focused on problems that present low complexity. This statement is: False Truearrow_forwardQuestion 19/60 Control Charts are used to evaluate process stability. This statement is: False Truearrow_forwardQuestion 18/60 We must find the root cause in a Lean Six Sigma project. This statement is: False Truearrow_forward
- Question 17/60 Without data you cannot validate root causes. This True False statement is:arrow_forwardQuestion 16/60 Two of the Measurement System Analysis dimensions discussed in this training are Repeatability and Reproducibility. This statement is: True Falsearrow_forwardAverage is important and always sufficient in a baseline analysis of the process. This statement is: False Truearrow_forward
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