Opportunity: An opportunity is a favorable condition in the organizations environment which enables it to strengthen its position. Threat: A threat is an unfavorable condition in the organizations environment which causes a risk for, or damage to, the organizations position (Tim, B. 2011). Its central purpose is to identify the strategies that will create a firms specific business model that will best align, fit, or match a company's resources and capabilities to the demands of the environment in which it operates. Strategic managers compare and contrast the various alternative
There remain different approaches - economic, social and political. This made choosing sources difficult. Evans and Jenkins gave a broad overview. Similarly, Oxley was useful for context. Both were useful for corroborating cross references for facts and statistics (such as industrial figures where official statistics would have been misleading).
C. Variable cost. D. Step-wise variable cost. E. Standard cost. 2. An important tool in predicting the volume of activity, the costs to be incurred, the sales to be earned, and the profit to be received is: A.
2. Was the implementation of ABC at GEI successful? What did GEI do well? What areas of the implementation could have been improved on? What are the key success factors that lead to or impede successful ABC implementation?
Why is it important to correctly identify and address these two activities to ensure success in the quality initiative? * What are some quality management issues? What are some strategies for addressing quality management issues? How did you determine which ones are most applicable? Defend your position.
CanGo needs to do a SWOT analysis in order to identify where they are strong and where they are vulnerable. To do a SWOT analysis CanGo needs to ask themselves the following for each section: STRENGTHS: What advantages do we have? What do we do better than anyone else? What unique or lowest-cost resources can we draw upon that others can't? What do people in their market see as our strengths?
How might you work to change this? * The step in communication process that I consider the most important is the context in which the message is being communicated. I believe this because it would depend on the
One reason is to manage and control unseen necessity. A second reason is to combat environmental pressures such as economic decline or expansion. Third reason is to adjust to policy priorities. Political concerns are present in this procedure but for minor, necessary change. Rebudgeting is needed to adjust programs and requires flexibility for management needs.
What are some of the disadvantages? Discuss the differences between quantitative and qualitative data? What are some examples of each? Discuss the differences between primary and secondary data? Give examples of each.
Analysis what sense can you make of the situation Conclusion what else could you have done? Action Plan if it arose again what would you do? 2. Why is reflective practice important? Answer Reflective practice is important as it enables you to achieve a better understanding of yourself, your skills, competencies, knowledge and professional practice.