Managers are frequently criticized for focusing too much attention on the achievement of short-term goals. In your opinion, how much attention should be given to long-term versus short-term goals? In the event of a conflict, which should be given priority? Explain your answers.
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In general terms, goals refer to the desired position that the organization intends to achieve in the near future. Long term goals are those ones that usually takes a lot of time to accomplish. On the other hand, short term goals can be achieved within a short span of time.
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- Just solve it dont auto reject and dont need generalized answer ok. LEAD.300.C1 Management and Leadership Wk 7 Discussion Forum: Situational Analysis In preparation for this week's discussion, focus on the Boldflash case, You will also need to do a little bit of Google searching on the flash memory industry. Here is an interesting video by a chess master. http://ed.ted.com/lessons/working-backward-to-solve-problems-maurice-ashley Now, assume you are Roger Cahill (Boldflash case)you are about to give a presentation senior management about the fact that you are losing market share even though they are in a growth market. In your first post, what do you need to say about the situation? TO DO: You need to response to your (4) classmastes post regarding to the questions above: Example (Looking at your analysis, we definitely have some overlaps! In terms of competition if you were Roger Cahill, how would you ensure that Boldfash maintains a competitive edge over it's competitors?)…CRISIS ITIn May 2007, Frontier Airlines Holdings hired Gerry Coady as chief information officer (CIO). Nearly ayear later the airline filed for bankruptcy under Chapter 11. In an interview, Coady describes how hemanaged IT projects during the bankruptcy and recession crisis of 2008–2009.Fundamentally, Coady faced a situation of too many projects and too few resources. Coady used astrategy of focusing on reducing the number of projects in the portfolio. He put together a steeringcommittee of senior management that reviewed several hundred projects. The end result was a reductionto less than 30 projects remaining in the portfolio.How Can You Get to a Backlog of over 100 Projects?“There are never enough resources to get everything done.” Backlogs build over time. Sacred cowprojects get included in the selection system. Projects proposed from people who have left the airline stillreside in the project portfolio. Non-value-added projects somehow make their way into the projectportfolio.…7. Speaking of corporate dividend policy, the “information content” effect refers to:a) The tendency to attract investors who are sympathetic to its dividend policy.b) Companies will pay dividends from flows that cannot be reinvested in projects with a positive NPV.c) The theory that investors consider changes in dividends as forecast signals for earnings.d) Investors will be interested in those companies that pay the highest dividends.
- OM2. Many entrepreneurs are very successful in planning and starting a new business. Entrepreneurs are even very effective in operating their new business. However, many entrepreneurs have trouble during the growth phase of their business. Please discuss managerial concerns that entrepreneurs experience while growing their businesses.Q3 You are the Chairman of a French FMCG company in India by the name of “FrenchShine”. You are operating in the “Soaps & Detergents” category & are facing tough rivals like HUL, Nirma & P&G. You have been operating in India since 2016.During 2020, there has been a steady decline in your revenues & profitability. Your market share has also fallen from 6% to 2.5% during 2020. Your competitors are eating into your market share slowly & steadily during Covid-19 pandemic times.a. What turnaround strategies can you suggest to arrest the decline of revenues &profitability of your company? b. In your opinion, would it be considered appropriate to pursue a Strategic Alliance or a JV Strategy or should “FrenchShine” go it alone in India? State your response with appropriate justifications & reasons. What would be the advantages & disadvantages of such a strategy?I need type answer. . How do the integration of strategic foresight, stakeholder engagement, and data-driven decision-making enhance the multifaceted skills required for effective business goal setting in a dynamic and globally competitive environment?
- Internet AMERICAN AIR LINES1. Does the company use the Internet for internal use as an interactive part of operations? What functions are used in this manner?2. In what way could operational costs decrease if the companyâs customers interacted with it through the Internet?Marketing1. What types of advertising and promotion are used?2. Does the company have a website? Who owns the site and how is it hosted?3. Does the company use e-mail for marketing notifications to customers?4. What are the proportions of sales by distribution channel?5. How many customers can the company potentially market its products to? What would be the volume by customer?6. What is the companyâs market share? What is the trend?7. Are there new markets in which the products can be sold?Sales1. What is the sales strategy (e.g., add customers, increase support, increase penetration into existing customer base, pricing, etc.)?2. What is the structure of the sales organization? Are…Sub : EconomicsPls answer very fast.I ll upvote correct answer. Thank YouDriving-forces analysis typically does not include determining whether forces are acting to make competition more or less intense. O determining whether forces are acting to strengthen or weaken market demand. ○ determining whether forces are acting to cause fundamental changes in industry conditions and/or the industry's competitiveness. ○ determining whether forces are acting to cause industry rivals to shift to a different strategic group. ○ determining whether forces are acting to raise or lower industry profitability.
- A student wrote Answer. Level: Strategic Management in Retail Strategic managers are key players in a retail company’s survival and advantage in a highly competitive market. They are in charge of the development of mission and vision statements, objective setting, planning and implementation of strategies, and evaluation and measurement of performance. Strategic planning often occurs annually in order to prepare for the year ahead, which needs to be formalized and authored in writing (Vanderburg, 2004). Essentially, strategic managers execute the tasks mentioned above by creating specific action plans and steps to reach a specific organizational goal. Strategic planning is an interactive process that allows various departments involved to cross check how each output affects its earlier stages. Moreover, the strategy formation is guided by various stages of strategic thinking. The result of these processes provides information on the environmental diagnosis, competitiveness, guiding…15. The 2.93 billion monthly active users of Facebook, make it difficult for more recent entrants such as Google Plus to compete effectively. Which of the following options most represents Facebook's strengths in terms of barriers to entry for companies that wish to join the social media industry? A. Economies of scale. B. Capital requirements. C. Network effects. D. Government policies. 16. Strategic managers at Shell work with experts to create possible forecasts of what the world might look like in the future. For example, one possibility might include a stable political position in the Middle East, high levels of oil production and a low oil price. Another possibility might focus on high levels of intervention by the government to reduce car usage, leading to high taxes and low levels of demand. Shell is engaging in: A. Strategy as planned emergence. B. Top-down strategic planning. C. Scenario planning. D. Resource allocation process. 17. During a recession, what type of strategy…100% 3/3 -- 10. Read about management pioneer Frederick Taylor at https://en.wikipedia.org/wiki/Frederick Winslow Taylor or another source. Describe Taylor's background and experience. How does an understanding of Taylor's early career help you to better understand his ideas about scientific management? 27 F DELL prt sc F10 home end F12 insert F11