Principles of Management
OER 2019 Edition
ISBN: 9780998625768
Author: OpenStax
Publisher: OpenStax College
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Textbook Question
Chapter 9, Problem 3CRQ
Give an example for why a firm would pursue each of the three grand strategies.
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1. The inauguration of Donald Trump as the 47th President of the United States in January 2025 highlighted how ICT has reshaped electoral processes. Identify one pivotal technology or platform that shaped this election. Analyze its contribution by focusing on two of the following areas:
Voter engagement
Campaign strategies
Election administrationSupport your response with examples and references from academic or journalistic sources.
2.Smart home appliances, such as smart refrigerators and smart thermostats, are increasingly popular. Despite their advanced functionalities, some argue that these devices are NOT examples of computer systems. True or False? Justify your response using one example, highlighting the components and functionalities of these devices.
3. The use of Artificial Intelligence (AI) tools like ChatGPT by students for assessments is becoming commonplace. While beneficial, these tools present certain drawbacks. Discuss one significant disadvantage of students using…
Financial
Return of Investment (ROI)
The importance of Apple's ROI is to help stakeholders and company see how profitable and efficient Apple generates ROI.
Revenue Growth
It allows Apple Inc to return more money to stakeholders, expand their user base and invest into new products. Apple's first quarter ended 12.28.2024 at $124.3B
Gross Profit Margin
Shows how much profit Apple makes for the cost of producing their products and services. It can show how well Apple's management team generates revenue. Apple gross margin ended 12.2024 at 46.88%. (Gurufocus)
Customer
Net Promoter Score (NPS)
Customer loyality and their eagerness to recommed Apple products
Customer Satification
This will measure how satisifed a customer is with their Apple products and the experience they had.
Brand Equity
It give Apple a competitive advantage by attracting and retenting customers, building their brand through its foucs on design, innovation and user experience. (Kotlarcyk, 2023)…
Chapter 9 Solutions
Principles of Management
Ch. 9.1 - What activities make up the strategic management...Ch. 9.2 - What does a mission statement explain about a firm...Ch. 9.2 - What are the similarities and differences between...Ch. 9.3 - What strategic analysis tools from the previous...Ch. 9.4 - What is the difference between strategic...Ch. 9.4 - Describe the three levels of strategy and what a...Ch. 9.4 - What is a grand strategy, and how does it relate...Ch. 9.4 - What are the three grand strategies, and why would...Ch. 9.5 - What PESTEL forces (see Chapter 8) have...Ch. 9.5 - Amazon has entered into the brick-and-mortar store...
Ch. 9.5 - What strategic actions do you think a store like...Ch. 9.5 - What are the three levels of planning, and what...Ch. 9.5 - Why is strategic implementation most commonly...Ch. 9.6 - Why is performance evaluation critical in...Ch. 9.6 - How does the strategic planning process inform...Ch. 9 - What does a mission statement explain about a firm...Ch. 9 - Describe the three levels of strategy and what a...Ch. 9 - Give an example for why a firm would pursue each...Ch. 9 - What actions can help a firm grow?Ch. 9 - What managerial skills and actions are included in...Ch. 9 - Why are good goals important to the planning...Ch. 9 - What are the strategic planning time frames? How...Ch. 9 - Why is performance measurement often the start of...Ch. 9 - What reaction do you think employees had when Ray...Ch. 9 - How would you turn the Seven Fronts of...Ch. 9 - How is tying rewards to improved sustainability...
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