Reference no: EM131186771
We define strategic management as "consisting of the analysis, decisions, and actions an organization undertakes in order to create and sustain competitive advantages." We believe this definition captures two main elements of the field of strategic management.
First, strategic management entails three on-going processes: analysis, decisions, and actions. That is, managers must analyze the internal and external environment as well as their hierarchy of goals in order to formulate and implement strategies.
Second, the essence of strategic management is the study of why some firms outperform others. We draw on Michael Porter's work to make the important distinctions between strategy and operational effectiveness. Managers must create competitive advantages that are sustainable over a period of time, instead of merely temporary. That is: How can we create competitive advantages in the marketplace that are not only unique and valuable to our customers, but also difficult for competitors to copy or substitute?
Please answer the following questions for this post:
What firms are you familiar with that have created advantages in the marketplace that were very temporary?
What companies do you feel have created a strong competitive advantage in the marketplace that is unique and difficult to emulate?
Calculate the sending and receiving end voltages
: calculate the sending and receiving end voltages, power flows and transmission losses.- Increase, the demand to 1000 amps and recalculate the values.
|
Steps in calculating sales tax on a purchase
: To create a flowchart in a procedural form that will show the steps in calculating sales tax on a purchase. I just need the algorithm that one would use in the following order: Input: Processing: and Output:
|
What is the value of the stealth banks liabilities
: Stealth bank holds deposits of $200 million. It holds reserves of $15 million. It has purchased government bonds worth $75 million. The current value of its loans, if sold at market value, is $130 million. What is the value of the Stealth bank's l..
|
What is the total current
: A 10 volt, 2.5 kHz sine wave is applied to a series combination of a .01 micro farad capacitor and a 10k ohm resistor. What is the total current?
|
Define strategic management as consisting of the analysis
: We define strategic management as "consisting of the analysis, decisions, and actions an organization undertakes in order to create and sustain competitive advantages." We believe this definition captures two main elements of the field of strategic m..
|
The error probability density function of a system
: Show the summary of the calculation in the temperature system in the error probability density function of a system of non-ideal elements.
|
What is highest level of education you have achieved so far
: Create a matrix to focus and plan data collection for your proposed evaluation, providing detailed background information about the program and the evaluation; also providing three (3) columns labeled with the appropriate headings: (1) Where will ..
|
Evaluate a failed organizational change
: The paper will give you an opportunity to evaluate a failed organizational change, identify a theory that could have been used to develop the change, and aapply that theory to the failed change. The paper must follow these standards:
|
Define the international temperature scale
: Show the parameters of the primary fixed points defining the international Temperature scale of 1990-ITS90.
|