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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 1

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 1

Cao đẳng - Đại học

... the perspective needed to understand their broad implications  Usually only top managers have the power to authorize necessary resource allocations Dimensions of Strategic Decisions (contd.) • ... Strategic issues require large amounts of the firm’s resources They involve substantial allocations of people, physical assets, and money Strategic decisions commit the firm to actions over an extended ... away from that can jeopardize their previous gains    10 Dimensions of Strategic Decisions (contd.) • Strategic issues are future-oriented They are based on what managers forecast, rather than...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 2

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 2

Cao đẳng - Đại học

... customers and can we serve? • How we view our responsibilities to stockholders, employees, communities, environment, social issues, and competitors? Formulating a Mission • The typical business ... Clearest indication of firm’s ability to satisfy principal claims and desires of employees and stockholders Primary Company Goals (contd.) • Growth – A firm’s growth is tied inextricably to its ... Company philosophy is often called company creed • Usually accompanies or appears within the mission statement • Reflects the basic beliefs, values, aspirations, and philosophical priorities to which...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 3

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 3

Cao đẳng - Đại học

... help ensure consistence in the application of ethical standards, an increasing number of professional associations and businesses are establishing codes of ethical conduct • • • • • • The following ... maximize profits 11 Factors Complicating a Cost-Benefit Analysis of CSR: Some CSR activities incur no dollar costs at all In fact, the benefits from philanthropy can be huge Socially responsible ... overreaching commitments CSR strategies can also run afoul of the skeptics—the speed of information on the Internet makes this an issue with serious ramifications 24 The Future of CSR • • CSR is...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 4

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 4

Cao đẳng - Đại học

... key to beneficial forecasting of technological advancement lies in accurately predicting future technological capabilities and their probable impacts Technological Forecasting • The quasi-science ... Political Activity • Political activity has a significant impact on two governmental functions that influence the remote environment of firms: – Supplier function – Customer function Technological ... Environment Remote Environment • Economic Factors • Social Factors • Political Factors • Technological Factors • Ecological Factors Economic Factors Prime interest rates Inflation rates Trends...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 5

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 5

Cao đẳng - Đại học

... significant portion of total assets Why Firms Globalize? • U.S firms can reap benefits from industries and technologies developed abroad • Direct penetration of foreign markets can drain vital cash ... global markets External assessment involves careful examination of critical features of the global environment • Internal assessment involves identification of the basic strengths of a firm’s operations ... to meet the tastes or preferences of local customers Fragmentation of the industry, with many competitors in each national market A lack of economies of scale in the functional activities of firms...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 6

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 6

Cao đẳng - Đại học

... (adapted) Support Activities in a Value Chain Conducting a VCA Identify activities Allocate costs • VCA proponents hold that the activity-based VCA approach would provide a more meaningful analysis ... (VCA) • Value chain analysis (VCA) attempts to understand how a business creates customer value by examining the contributions of different activities within the business to that value • VCA ... internal strengths and downplay external threats A SWOT analysis can be static and can risk ignoring changing circumstances A SWOT analysis can overemphasize a single strength or element of strategy...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 7

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 7

Cao đẳng - Đại học

... diversification occurs when the combined company profits increase the strengths and opportunities and decrease the weaknesses and exposure to risk 26 Conglomerate Diversification • • • Occasionally ... grand strategy, the firm typically is sold in parts, only occasionally as a whole—but for its tangible asset value and not as a going concern • Planned liquidation can be worthwhile 31 Bankruptcy ... managers believe the firm can remain viable through reorganization Two notable types of bankruptcy – – Chapter Chapter 11 32 Joint Ventures • • • Occasionally two or more capable firms lack a necessary...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 8

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 8

Cao đẳng - Đại học

... Leadership Strategy Many cost-saving activities are easily duplicated Exclusive cost leadership can be a trap Obsessive cost cutting can shrink other competitive advantages Cost differences often ... newly formed or re-formed industries that typically are created by technological innovation, newly emerging customer needs, or other economic or sociological changes • There are no “rules of the game” ... competitive advantage can be found in the business’s cost structure and its ability to differentiate the business from competitors Businesses that have one or more sources/capabilities that let...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 9

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 9

Cao đẳng - Đại học

... market segments The limited strategic options came to be seen more as basic strategic missions It ignored capital raised in capital markets It typically failed to compare the competitive advantage ... Businesses – Businesses that have few sources of advantage, but the size is large – typically the result of scale economics • Stalemate Businesses – Businesses with few sources of advantage, most ... critical to profitability 15 BCG’s Strategic Environments Matrix Types of Businesses (contd.) • Fragmented Businesses • Businesses with many sources of advantage, but they are all small They typically...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 10

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 10

Cao đẳng - Đại học

... guarantees a substantial cash payment if the executive quits, is fired, or simply retires Bonus Compensation Plans (contd.) • Cash bonuses • Payment of periodic (quarterly or annual) cash bonuses Key ... • Priorities • Simple ranking • Relative priority / Weights • Linked to Long-Term Objectives • Cascading effect Ex 10.3 Creating Measurable Objectives Ex 10.4 Milliken Global Environmental Objectives ... transmission of policies They communicate the authorization or sanction of policies more clearly They supply a convenient and authoritative reference They systematically enhance indirect control and...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 11

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 11

Cao đẳng - Đại học

... and support strategically critical activities Reengineer strategic business processes Downsize and self-manage 20 Restructure to Emphasize and Support Strategically Critical Activities • • Restructuring: ... company can best create value for the customer by eliminating barriers that create distance between employees and customers 21 Restructure to Emphasize and Support Strategically Critical Activities ... in a firm Vertical boundaries—between operations and management, and levels of management, between “corporate” and “division” Geographic boundaries—between different physical locations; between...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 12

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 12

Cao đẳng - Đại học

... Ethical standards are a person’s basis for differentiating right from wrong The culture of an organization, and particularly the link between the leader and the culture’s very nature, is inextricably ... leaders among the managers employed Building an Organization • Perseverance (of a leader) – The capacity to see a commitment through to completion long after most people would have stopped trying ... – A leader’s fundamental personal standards that guide her sense of honesty, integrity, and ethical behavior Shaping Organizational Culture • • • Passion, in a leadership sense, is a highly motivated...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 13

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 13

Cao đẳng - Đại học

... balanced scorecard bring the entire management task into focus • Organizational leaders can adjust or radically change their firm’s strategy based on feedback from a balanced scorecard approach ... generating a financial reward to its shareholders 17 Kaplan and Norton on the Balanced Scorecard • “The balanced scorecard retains traditional financial measures But financial measures tell the story of ... story for industrial age companies for which investments in long-term capabilities and customer relationships were not critical for success These financial measures are inadequate, however, for...
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Strategic management planning for domestic and global competition 14th ed  pearce robinson chapter 14

Strategic management planning for domestic and global competition 14th ed pearce robinson chapter 14

Cao đẳng - Đại học

... product innovations can lock in existing customers • Incremental business process innovations can generate more revenue gain or cost savings with less risk than radical ones • Radical innovations ... maybe provide working capital Equity financing is usually obtained from one or more of three sources: friendly sources, informal venture investors, or professional venture capitalists Intrapreneurship ... enhance a company’s products and processes from design through assembly, sales, and service It is called kaizen in Japanese It is usually associated with incremental innovation Incremental Innovation...
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Marketing management 14th edition

Marketing management 14th edition

Tiếp thị - Bán hàng

... in initial caps or all caps Library of Congress Cataloging-in-Publication Data Kotler, Philip Marketing management/Philip Kotler, Kevin Lane Keller — 14th ed p cm Includes bibliographical references ... 19, on personal communications, received a significant update with much new material to reflect the changing social media landscape and communications environment Forecasting has been moved to ... experience and core competencies (see Chapter 2) Atlas can design its cameras with better features It can make a line of video cameras, or it can use its core competency in optics to design a line...
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Tài liệu Strategic Management Part 1 pdf

Tài liệu Strategic Management Part 1 pdf

Kỹ năng quản lý

... Sino-American relationships Russian-American relationships European-American relationships African-American relationships Import-export regulations Government fiscal and monetary policy changes Political ... subsidies, political forecasts can be the most important part of an external audit Changes in patent laws, antitrust legislation, tax rates, and lobbying activities can affect firms significantly In ... population by 2021, when they will become a larger minority group than African Americans in America The percentage of African Americans in the U.S population is expected to increase from 12 percent to...
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Tài liệu Strategic Management Part 2 pptx

Tài liệu Strategic Management Part 2 pptx

Kỹ năng quản lý

... Diversification strategies Diversification Strategies Diversification Strategies Concentric Diversification Diversification Strategies Conglomerate Diversification Horizontal Diversification There ... also called capital budgeting, is the allocation and reallocation of capital and resources to projects, products, assets, and divisions of an organization Once strategies are formulated, capital ... Financial stability Customer loyalty Technological know-how Capacity, location and layout Productivity, capacity utilization Technological know-how Capital intensity Backward and forward integration...
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Tài liệu Strategic Management Part 3 pdf

Tài liệu Strategic Management Part 3 pdf

Kỹ năng quản lý

... administrative actions that can be taken to reward and sanction behavior; they clarify what can and cannot be done in pursuit of an organization's objectives For example, Carnival's new Paradise ... to reach their goal can still undermine the other Types and Modes of Conflict A conceptual conflict can escalate into a verbal exchange and/or result in fighting Conflict can exist at a variety ... because each subunit becomes extremely adept at performing its particular portion of the process They are economically efficient, but lack flexibility Communication between functional areas can...
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Tài liệu Strategic Management Accounting and Control doc

Tài liệu Strategic Management Accounting and Control doc

Kế toán - Kiểm toán

... example, carriers with competitive hubs had significant gains in PRDTVT and CAPUTL which were almost completely offset by losses in PRCREC and OUTMIX, so the net impact on PFTBLT was insignificant Carriers ... standards, given actual outputs and capacities, (ii) a capacity utilization change ratio (CAPUTLt), due to changes in deviations between actual outputs and capacities, (iii) an output mix change ... recovery, which can be logically linked to a firm's/SBU's mission and business strategy and analyzed from those perspectives (American Productivity Center (APC; now the American Productivity...
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