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Explain the strategic management process. In other words, imagine yourself being hired to run a company that has recently been taken over. It is your job to direct the new strategic management process for the company. Where do you begin and what tools might you use to develop your strategy? Summarize how you might use certain strategy tools to analyze firm's current position, and the industry. Consider internal resources, external environment, various generic and competitive strategies, international strategies, diversification, CSR and ethics. Discuss (250-300 words)
Research a company that has had recent bad customer service and explain what you would do differently as the owner of the business. Please use class related topics from this week's learning material. Assignment on Correcting Bad Customer Service
Consider a system with single server to serve customers. The customers’ arrival rate is 5 per hour and the server’s service rate is 10 per hour. If we take a look of the system at several random times, shall we observe a queue of customers in the sys..
A local furniture store sells beds as well as other furniture and accessory items. Their best-selling bed has an annual demand of 400 units. Each time they place an order for the beds, they incur a cost of $40.00 and the annual cost for carrying the ..
How do groups interact with each other both from an internal and external standpoint?
How has the company's strategy changed from the original generic strategy that was applied. How would you describe the central elements of Amazon's strategy
At what volume of output would the two locations have the same total cost? For what range of output would location A be superior? For what range would B be superior?
Operations differ in terms of their volume, variety, variation and visibility (see Diagnostic Question). Critically examine the inter-links and relevance of these four Vs for the operations function of the organisation where you are currently, or ..
When companies have close competitors, they try to choose value propositions that will differentiate them from others in the market. Choose three fast-food restaurants and describe their value propositions. Are they strongly differentiating themselve..
Compare and contrast leadership and management? What are the skills required for proper plan execution and implementation and what are leadership and management roles in proper plan execution?
The Materials Planning Committee for Advanced Technology Corp., a global manufacturer of precision metal parts for medical analytical devices, is holding its weekly planning and control meeting on Monday at 8 A.M. in the quality control conference ro..
Simulate 3000 days of operation to calculate the hotel's average daily cost due to overbooking and opportunity costs.
A health insurance policy pays 85 percent of physical therapy costs after a $200 deductible. In contrast, an HMO charges $20 per visit for physical therapy. How much would a person save with the HMO if he or she had 10 physical therapy sessions costi..
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