Strategic Management
4th Edition
ISBN: 9781259927621
Author: Frank T. Rothaermel The Nancy and Russell McDonough Chair; Professor of Strategy and Sloan Industry Studies Fellow
Publisher: McGraw-Hill Education
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Question
Chapter 12, Problem 2DQ
Summary Introduction
Situation: CEO should not serve as chairman of the board.
To discuss: The drawback of building a sustainable competitive advantage if two positions are held by one person and drawbacks to stakeholder and determine the situation where it would be advantageous to have one person in both positions.
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Can I receive assistance with the below two questions, please
PART A: Several years ago, Hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farmers whose crops were destroyed by the hurricane were much worse off, but farmers whose crops were not destroyed benefited from the hurricane. Why did this occur? What information would you need about the market for bananas in order to assess whether farmers as a group were hurt or helped by the floods?
PART B: Explain why the following might be true: A drought in the Caribbean raises the total revenue that producers receive from the sale of coffee, but a drought only in Grenada reduces the total revenue that Grenadian producers receive.
Ensure that you define any key terms used in your discussion.
The obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include
A) taking the lead in developing the company's business model and strategic vision.
B) coming up with compelling strategy proposals to debate against those put forward by top management.
C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives.
D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation.
E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.
Your Task
For each scenario, discuss the following:
- What is the issue (there may be more than 1)?
- Who are the parties affected?
- List and explain 2 alternatives for handling each situation o Discuss 2 pros and 2 cons for each
alternative
What is your conclusion? Discuss the best way to handle each situation - use reasoning to
justify your decision
Situation
You manage a catalog phone center|where each of your 20 workers answers phones all day in
one of four cubicles. You have just received another complaint from one of the women in the
department. She is disturbed because one of the workers in her cubicle has put pictures of
women in bathing suits up all over his workspace. She finds this offensive. She had asked him to
remove the pictures, but he refused. This is the second time a complaint of this nature has taken
place. Last time you switched him to another cubicle.
Knowledge Booster
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