external factors. There are two main approaches to be used to a better knowledge about it. The first one is an analysis of general requirement that consists of six dimensions: political, economic, social, technical or technological, environmental, and legal (so-called PESTEL which is an acronym of these segments) and analysis of the organization’s microenvironment. Porter’s Five-Forces Analysis of Market Structure is one of the most useful tools for these purposes. According to Porter, the…
McKinsey/General Electric Business Screen 2.0 In order to get an idea of the portfolio of the Rodamas Group and its performance, we created a GE business screen. This GE business screen shows both, the (external) attractiveness and the internal strength of each business. Furthermore the bubble size describes the market size, the pie represents the market share and the arrow shows the direction, in which the business tends to move. As the Rodamas Group is a very unique company with its huge…
QUESTIONS 1. Put yourself in Sue McCaskey's position and prepare a detailed report to Dan Block and Ed Spriggs on managing the inventory of the EG151 exhaust gasket and the DB032 drive belt. Be sure to present a proper inventors system and recognize all relevant costs. 2. By how much do your recommendations for these two items reduce annual cycle inventory, stock out, and ordering costs? Summary This case portrays the issues confronting Sue McCaskey, the new materials administrator of a…
The ninth standard applicable to the contribution of the performance ratings based on the FFT evaluation approach relates to professionalism, leadership and advocacy (Illinois State Board of Education, 2012). In this case, the teacher evaluation should assess the model professional behavior reflecting the honesty, integrity, confidentiality, respect and personal responsibility. Importantly, the evaluation is required to assess the maintenance of accurate records, effective management of data…
Introduction: A discourse is a system of socially constructed knowledge about an aspect of reality (Foucault 1977; Hall 1997; van Leeuwen 2005). The #DontClipTheirWings campaign is concerned with the discourse surrounding gender-differentiated parenting: the act of treating one’s children differently just because of their gender (Raley and Bianchi 2006). Although the dominant discourse has evolved significantly, gender-differentiated parenting remains to be a prevalent issue. The unequal…
Marketing: 1. Internal analysis: • Brand value = AIDA 2. External analysis: • Porters Diamond – Denmark • PESTEL – Germany • Porters 5 forces 3. SWOT 4. Generic Logistic Strategy Internal analysis: Brand value = AIDA: Measure the strength of a brand action = buy or not buy -> It is the most important! A = awareness/attention: The company catch the people’s attention with its commercial system where it is described that they hire skilled technicians at your service. Kompan’s system is…
Public health systems began as a not-for-profit Catholic health care system located in Alaska, Washington, Montana, Oregon and California in 1856. Today the largest health care system in the state is the Oregon region. Acute care hospitals, multiple clinics and physician groups are a part of the Oregon region. . (Martin, H. J., & Delawska-Elliott, B. 2015) The public health system is comprised of many areas. Public health has had multiple definitions through the last twenty years. The National…
people between 75 and 84 years old it is the second leading cause of injury death, and for people over 85 it is the leading cause [2]. The high number of falls not only has great effect in the elderly health, but it shows a very high cost in the caring system. It has been estimated that cost of caring for falling in the elderly community has a cost of about US$ 31 billions in the year 2000 in the US alone [9]. A variety of studies have been developed seeking the principal components that could…
data analytics According to analytics, "If a purchaser can 't find what they 're looking for at your stock 60% of the time, they will shop everywhere else and never come neither," the 63-year-old Mr. Brandon said in a recent interview. Selling data analysis is a dominoes consequence. This, in turn, leads to advancement in performance levels. Thus, Toys "R" Us Inc. The company starts to get better (Hansen & Solgaard, 2014). Complexity Is the Rule - Selling has always been about telling a…
INDIVIDUAL ASSIGNMENT Q: Please explain/discuss the Mintzberg’s Modes of Strategic Decision Making by using the real example. Strategic management is a set of managerial decisions and actions that determines the long-run performance of a corporation. While, the strategic decision making is the process of developing and putting into action choices that will influence the long-term future of the organization. These choices often involve major organizational changes and large resource commitments…