Reference no: EM131178821
Strategic Management
1. Describe the relationship between the external analysis (i.e., Porter's 5-Forces) and the question of resource and capability value (the "V" in VRIO).
2. Describe the differences between optimal structure, management control, and compensation plan for pursuing either a cost leadership strategy or a product differentiation strategy. Explain why structure, controls and compensation ought to vary with the respective strategies?
3. Explain how each business strategy - cost leadership and product differentiation - neutralize threats from the external environment (e.g., rivals, new entrants, suppliers, customers, and substitutes).
4. Identify the three fundamental explanations of how vertical integration can create value and discuss how value is created under each (please include, as part of your discussion, the conditions or assumptions that underlie each explanation).
5. (Case 1-4 - Harlequin Enterprises: The Mira Decision) Harlequin's executive team is looking to you for a recommendation regarding entry into the single-title market. Should the firm enter the market or focus resources and capabilities elsewhere? Use a brief environmental analysis (Porter's 5 Forces) for the romance fiction industry and a VRIO for Harlequin to support your recommendation either way.
6. (Case 1-3: WalMart Stores, Inc. in 2013) Wal-Mart's resources and capabilities include a world-class logistics system, a reputation for low prices, and uniquely positioned store locations. How were these resources and capabilities developed over time? Individually, are these resources and capabilities a source of CD, CP, TCA, or SCA? Bundled together, are these resources and capabilities a source of CD, CP, TCA, or SCA?
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What is the expected total number of tickets you receive
: In an arcade, you play game A 10 times and game B 20 times Each time you play game A, you win with probability 1/3 (independently or the other times), and if you win you get 3 tickets (redeemable for prizes), and if you lose you get 0 tickets. Game B..
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Examples of hofstede cultural dimensions across cultures
: Consider examples of Hofstede's Cultural Dimensions across cultures. Choose two distinctly different countries from this list (e.g., United States & Venezuela). How would you set up HR programs and practices differently for the same organization ..
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Result of poor communication-inaccurate demand forecasting
: 1. The bullwhip affect is the result of poor communication and inaccurate demand forecasting. The demand forecast comes in from the retailers and if they are overestimating their demand so they are making larger orders.
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Calculate the government-taxation multiplier
: Calculate the government-taxation multiplier for each marginal propensity to consume. Instructions: Round your answers to two decimal places.
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How vertical integration can create value
: Identify the three fundamental explanations of how vertical integration can create value and discuss how value is created under each (please include, as part of your discussion, the conditions or assumptions that underlie each explanation).
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Discuss the advantages of using styles in a document
: Discuss the advantages of using styles in a document. What is the difference between a paragraph style and a character style. How do you create a new style?
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Who would you consult to implement the codes of practice
: As the supervisor, what would you recommend Sally based on the codes of practice? If you find several other employees doing the same, who would you consult to implement the codes of practice? Why may a consultation with higher authority needed for th..
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Compute the unit cost for materials and conversion cost
: Compute the equivalent units of production for materials andconversion costs for the month of September.- Compute the unit cost for materials and conversion cost for the month.
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What is the overall effect on equilibrium price
: The market for gasoline has changed in a couple significant ways over the last few years: Describe how these changes affect the supply of and demand for gasoline. What is the overall effect on equilibrium price?
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