-core competency -above-average yields -tangible and intangible resources -capabilities -value creation
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In relation to these concepts, what do you conclude?
-core competency
-above-average yields
-tangible and intangible resources
-capabilities
-value creation
Step by step
Solved in 2 steps
- Answer the following questions using the Answer Report and the Sensitivity Report on the following page. Support your answers with explanations and the work showed.Your run a company that produces three electrical products – clocks, radios, and toasters. You are asked to figure out how many of each of these things should be produced, and the computer solution (answer report and sensitivity report generated in Microsoft Excel) is given on the next page. 4.) If you could sell clocks for $17 instead of $15 would it change the number of each appliance you should produce (i.e., would it change the optimal solution)?5.) If you had your choice of an extra $10 in your budget or an added demand of 5 toasters, which one should you do, and how will your profit be affected?What should be done based on your analytics analysis? What have you not considered that maymake your analysis invalid or that may strategically limit success? What do you think Graingermanagement should do?Todd used to run a newsstand, but he's out of the business now. Todd started by selling local newspapers on a street corner. In the winter he got cold, so he paid the city a fee of $500 for the right to build a 4' by 8' enclosed wooden newsstand on a busy corner. Soon he decided to sell magazines, chewing gum, and candy bars too. He began to stock foreignlanguage newspapers and paperback romance novels. Then he added hot pretzels and candy apples. When he tried to supply cut flowers, he had gone too far. The costs of his entire inventory could not be covered by his sales. He couldn't pay his bills and went out of business. Answer the following questions about Todd's experiences.
- Develop a Balanced Scorecard for 'Amazon' as a business/company. Provide a thorough analysis of the Scorecard. The scorecard is utilized to understand how well the strategy ideas support the organization and achieves the balance of the company needs versus consumers. Some of the key categories are below: Financial Metrics: How will you measure success or progress for your alternatives? Operations / Internal processes: What processes will be used in support of your strategy alternatives? Learning and growth measures: What actions are required for employees? Customer Measures: What customer measures are needed to support improvements? Other (Social Responsibility, Business Ethics, Managers) Global Evaluation: What is the global presence of your company? Evaluation can be based on cultural, political, financial, legal elements.Does every company have to cascade the balanced scorecard to lower levels of organization? If they do, for how many levels the cascading needs? What is the basis an organization to do cascading balanced scorecard to more levels low (lowest)?What events might trigger the need for recalibration? How do analysts maintain models throughout their life cycle? What might indicate a model needs to be improved? Replaced? Retired?.
- The resourced-based view of the firm identifies four criteria that managers can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a basis for sustainable competitive advantage. Are these measures independent or interdependent? Explain. If some of the measure are interdependent, what implications does that fact have for managers wanting to create and sustain a competitive advantage?Resources cannot be transformed into useful products if ineffective management is not practised. Do you concur? present reasonsExplain the “Balanced Scorecard” concept. In your own words, why is it important for managers to evaluate performance in more areas than just standard financial/accounting measures?
- Productivity and Quality. Read and analyze each problem. For better presentation, draw diagrams illustrating the problem. 1. One of the items that the Philippines export is electrical transformers used in electric trains. Assume that the basic model costs USD 3000 (PhP 180,000) to produce. A plant located in Batangas typically produces 500 units weekly of this type, but only x = 85% managed to pass the inspection. About three-fifths of the defective items can still be reworked to meet the standards at an additional cost of USD 500 (PhP 30,000). Compute the quality productivity ratio and product cost per transformer. ) Assuming the same costs and percentage of rework apply, compare the above scenario with a scenario with about x = 95% passing the inspection. ) For reasonable values of x (85% to 100%), graph the QPR as a function of x. a. b. C.Describe the human capital value chain components of cocaa cola. For each item on the value, consult a Strategic Human Capital textbook, identify the essentials of each of these functions and report on the extent to which these are executed in coca colaExplain what you understand of the importance of pursuing value leadership in the marketplace as a key to achieving sustainable competitive advantage. In doing so, discuss the different dimensions ‘value’.