Describe the core competencies a firm possesses and what it needs. What are the core competencies of your organization? Explain your answer.
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Describe the core competencies a firm possesses and what it needs. What are the core competencies of your organization? Explain your answer.
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- What actions can help a firm grow?How can an organization effectively identify and leverage untapped opportunities within the elements of its value chain to enhance overall business performance and competitive advantage?formulate strategies that can meet the goals/objectives of a company. These strategies can be at various levels, corporate, business, or functional levels.
- Identify two current organizations—one organization facing a low-risk competitive environment and one facing a high-risk competitive environment. For each of these organizations, explain why you have evaluated its competitive environment as either low risk or high risk, using strategic planning and analysis concepts (such as Porter's Five Forces Model) For each of these organizations, recommend a pairing of a system design tool and a system operation tool that you believe will work especially well in the competitive environment faced by the organization. Be sure to explain why the tools you have chosen are uniquely suited to the competitive environment faced by that organization.What strategy should a business manager follow to increase the competitiveness of his business?Identify the organization’s competitive advantage. Is the competitive advantage durable and valuable? Defend or critique the organization’s competitive advantage based upon your earlier analyses.
- What is more important for a firm–profit maximization or value maximization? What issues or conflict of interest can come up between owners and managers and how can they be solved?What does it mean for a firm to have a competitive advantage? What gives a firm a competitive advantage?Explain the advantages and disadvantages of different types of business. Describe the various costs which are classified based on analytical and decision making.
- Could a firm simultaneously pursue focus, differentiation, and cost leadership? Should firms do that? Discuss and explain in details.Using a company or an organization you are familiar with (Walt Disney CO.), map their various business processes onto a value chain. Use tools to identify an organization’s current and future strategic position Understand how the interaction between information, technology, and people affect organizations and their performancePerformance for a number of parastatal and private sector organisations has been going down in terms of meeting financial and strategic objectives. For an organization of your choice, discuss the environmental, organizational and industry specific factors which has accounted for unsatisfactory performance. Also recommend measures for reviving your chosen institution.