Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 8.4, Problem 1CC
Describe each of Porter’s Five Forces. What information does each provide a manager trying to understand her firm’s micro environment?
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The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides.
What kind of Leadership Style do you feel will be most appropriate for the Philipines.
The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content:
Introduction: Talk about yourself and your background.
Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The Managing director for my manufactoring company has just reached out to you to let you know the Management Team has met and they want to move forward with your expansion plan to the Philipines. They want you to prepare a PowerPoint Presentation with the information you have presented to the Board of Directors for final approval.
The Director noted you will have 30 minutes with the Board of Directors to present the expansion plans, so you must make sure your PowerPoint has an impact. You will use the information you have researched and presented to the management team in the notes section and add visuals to the slides.
What kind of Leadership Style do you feel will be most appropriate for the Philipines.
The ideal PowerPoint will include slides for each of the following using extensive speaker notes for your content:
Introduction: Talk about yourself and your background.
Country Background: Provide a brief overview of the Philipines you have chosen and why you think it will…
The trend is to 'flatten' organizations. By doing this, the employee is given more authority to make decisions. What problems do you see with this increase in decision-making authority?
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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