Strategic misrepresentation

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    Cover page Teacher: Nam Tran Diploma of Commerce Question 2 Introduction: External forces are what happens outside of an organization that hypothetically affect the performance. The external environment includes, Suppliers: are the associations or persons that supply assets such as capital, people and materials and information. It used to be assumed that an association should not be contingent on a sole source for any particular supply of resources.…

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    Lego Case Study Summary

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    This case is designed to understand the corporate strategy process and the management strategy in a dynamic environment. The LEGO case offers insight into turnaround management and development strategy in a difficult situation. Action before Strategy was needed at an early stage. Understanding key factors for success and introducing KPIs for product innovation catalyzed sales while decreasing costs. Based on the analysis, following below are the key factors that have been identified for the…

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    The real chocolate company operates in a macro- environment that is shaped by influences coming from the economy, population demographics, societal values and lifestyle, government legislation, technology and the industry and competitive factors. The factors and forces in a company’s macro-environment have the biggest strategy shaping influence on the company’s immediate industry and competitive environment. To fully analyze the strengths and weaknesses of the real chocolate factory an S.W.O.T…

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    Diseconomies of scale: Zara has not invested in distribution facilities to support their global expansion. As a result, although it is aware of how to quickly supply 1,000 stores, they may not be able to supply more retail locations due to their “centralized logistic” model. Even though Zara has been successful at scaling up its distribution system, the centralized logistics system might eventually be subject to diseconomies of scale as Zara continues to open stores all around the world and…

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    from the internet. http://www.agri.wsu.edu/wraec/Proceedings/Final%20Papers/21Moore.pdfNavy War College, US Navy (2006) PMI Part II: Policy Implementation Through Strategic Leadership. Retrieved September 3, 2006, from the internet. http://cce.nwc.navy.mil/syllabus-nsdm-nrs/pmi-part2.htmStrategic Studies Institute, US Army (2006) Strategic Leadership Competencies. Retrieved September 4, 2006, from the internet. http://www.strategicstudiesinstitute.army.mil/pdffiles/pub382.pdf…

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    Externalities In Shipping

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    Sounds travels more rapidly and over larger distances in the sea than in the atmosphere. So it is urgent to face the noise pollution the ships are making and do something to reduce it. There are many ways to minimize the impact of ship noises on the underwater environment. Slower moving ships are quieter than faster ones. So, laws can set the speed of ships in wildlife frequented areas. It is also essential to maintain the ships as often as possible in order to keep the engines running smoothly…

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    changing their mission and strategic goals based on growth potential or new business ventures can be a focus when thinking strategically. Another area of focus for organizations would be implementation of the strategic plan. This could possibly impact the culture of the organization amongst the employees, how the message should be communicated, and follow-up to determine if the change was worthwhile (Plunkett, Allen, Attner, 2013). There are different levels of strategic planning that come in…

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    This strategic management class was very different from the undergraduate strategic management class that I took two years ago. In the undergraduate class the main focus was mainly GLO-BUS with online tests from information out of the textbook. In the graduate strategic management class there was more focus on case work along with GLO-BUS and testing from information in the textbook. The incorporation of the case work taught the students more about real world scenarios that is hard to teach…

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    Section Five: Competitive Advantages Spec’s Wine, Spirits, & Finer foods has several competitive advantages that work in their ultimate favor. Brand recognition is one of the greatest competitive advantages that Spec’s holds for their company. Specializing in Spirits and Wines allows Spec’s to have an inclusive target market. They target individuals who are looking for specific items and although their target market is very direct, Spec’s offers a diverse range of products that caters to those…

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    Pink Ice in the Urinal: This chapter opens by talking about the masters, and how one year Herman Miller was invited to go to the masters so in order decide what to do they formed a few committees to discuss how to spruce up the facility. One person mentioned that they could put pink ice in the urinals. I thought that this was absolutely crazy, because how would the color of the ice change anyone’s opinion about the facility as a whole. This chapter focuses on all the little things that a company…

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