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Stihl is the world’s leading manufacturer and marketer of chain saws with annual sales exceeding $2 billion. With innovations dating to its 1929 invention of the gasoline-powered chain saw, the company holds over 1,000 patents related to chain saws and outdoor power tools. The company’s chain saws, leaf blowers, and hedge trimmers sell at price points well above competing brands and are sold only by its network of over 8,000 independent dealers. How would you characterize Stihl’s competitive strategy? Should it be classified as a low-cost provider strategy? A differentiation strategy? A best-cost strategy? Also, has the company chosen to focus on a narrow piece of the market or does it appear to pursue a broad market approach? Explain your answer.
Variance, or variation in the way we present a product is one of our greatest hurdles in quality management. Just consider. If you have a favourite pizza shop, and one time you get a bad one, are you finished doing business with them? The "bad" one m..
People have argued for many centuries about whether or not we are our "brother's keeper." What do you think? How might this apply to things like advertising and marketing claims?
What is the average billing to collection time
What are five drawbacks of using only subjective information in formulating strategies.
Model of an inventory system. For a certain type of product there is initially a stock of 4 units to satisfy customer demand directly from the shelf. Customers arrive according to a Poisson process at a rate of 2 customers per hour.
Explain the differences between functional teams and cross-functional teams. What did the study determine about the effectiveness of cross functional teams?
Consider a periodic review system, where orders are placed every 12 days. The firm strives to provide a 97.5% cycle service level. Demand averages 300 units per day, and the standard deviation of demand per day is 64 units. Lead time is 18 days. How ..
What has made Louis Vuitton's business model successful in the Japanese luxury market? What are the opportunities and challenges for Louis Vuitton in Japan?
The Electrocomp Corporation manufactures two electrical products: air conditioners and large fans. The assembly process for each is similar in that both require a certain amount of wiring and drilling.
Foreign registration cards often require significantly more personal information than is required from domestic registration cards. Some management personnel feel that this extra data amounts to an invasion of the guest's privacy.
Discuss the problems associated with bureaucratic control. Describe a situation in which you have worked in an organization under bureaucratic control or a situation that you know about where bureaucratic control is used. What do you feel would ch..
How might the organization system model help you understand why the change was or was not successful? How did the change initiative affect human behavior? How did human behavior affect the change initiative?
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