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The ability to think strategically is a critical element for any organization to compete successfully and build the necessary competitive advantage needed for sustained superior performance. Managers and business leaders will be asked to make critical business decisions that will determine the future of the organization.
Discuss how the business simulation will contribute to the development of these skills. (This is focused on strategic management)
Some points: Deepen your understanding of revenue-cost-profit relationships and build your confidence in utilizing the information contained in company financial statements and operating reports. You’ll see why you cannot hope to understand a company’s business and make prudent decisions without full command of the numbers—it won’t take you long to appreciate why shooting from
Just as in sports where it is customary for every team to scout its next opponent thoroughly and develop a game plan to defeat them, you will need to scout the strategies of rivals, try to judge what they will do next, and come up with a competitive strategy of your own aimed at “defeating” their strategies and boosting your company’s performance.
What value can a new employee with the ability to think strategically bring to an organization? How do you intend to develop these skills over the length of the class?
The ability to think strategically is a critical element for any organization to compete successfully and build the necessary competitive advantage needed for sustained superi
Review the ACFE Code of Professional Ethics and discuss whether or not the CFE (Certified Fraud Examiner) can disclose illegal acts discovered during a fraud examination. If s
Which one of the Internet properties and marketing implications is best illustrated in the article? Explain why.? Which one of the “e-business and e-marketing opportunities fl
Examine leadership and management frameworks that are most applicable to a certain organization type within the health care industry. Craft a strategic plan that leads to a
If compensation is based on the job, why, when, and how might a firm want to develop a person-based compensation system? Please give a couple of examples of jobs that might
Assume you were joining a company as a new employee. What steps would you take to determine the source of power within the organization? Of French and Raven's five forms of
How has the change in business purpose (i.e. manufacturing vs. service) and the business environment, worker attitudes, and behaviors affected the role of the manager in an or
What is the rule of three? Suppose you worked for a small firm in a large industry, such as a small manufacturer of furniture. How might you actually use the rule of three to
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