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Strategic Group Individual Exercise
Conduct a strategic group analysis of an industry which you work in or would like to work in.
What two competitive dimensions describe the key strategic decisions in the industry?
Plot the firms on a matrix until you identify the best fit possibly considering a third dimension.
Consider the implications for your business:
Is this strategic group attractive? Should you try to compete in a different strategic group?
How can you compete in this strategic group?
What are the future opportunities and threats in this strategic group?
Now consider the implications for your career.
Which strategic groups in an industry are you interested in for your corporate or entrepreneurial career?
The McCloskeys developed an ultra-filtration process for a new milk drink. Based on the case and VRIO framework, which of the following is surely true?
Which of the following variables is at the core of quality management?
Explain the purpose and major activities of the operation phase of the database life cycle in a way that is understandable to the director of marketing,
What is the new productivity, if it increases 2% over the current 200 units per worker?
As a new breakfast drink project gets started you are reminded that you will need to capture lessons learned throughout the project.
The PRIMARY advantage of an internal salesforce for the firm is that:
If a firm enters into a strategic alliance but does not exercise appropriate behavioral control of its employees (in terms of culture, rewards and incentives, and boundaries—as discussed in Chapter 9) that are involved in the alliance, what ethical i..
Unlike Nordenia’s approach to training during an economic downturn, most companies cut back on training during difficult times. Why is this so?
Many firms use a "balanced scorecard" to manage the performance of their third party transportation providers. Why? What is TRP and why is it an important concept?
Indicate three ways that regulatory authorities may ensure that insurance rates are not excessive.
Film Analysis Related to Interpersonal Communication Background on the Assignment:
Discuss how you believe that this interaction might materialize if you are in a position of leadership over this person.
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