Although nearly any organization can be part of a supply chain, supply chain management requires: a. the involvement of third-party logistics companies b. overt management efforts by the organizations in a supply chain c. the participation of world-class organizations d. at least one organization to be a multinational company (b; p. 80) 6. Three of the most prominent supply chain management frameworks are the Supply-Chain Operations Reference (SCOR) model, the Global Supply Chain Forum (GSCF) model, and the ____. a. Council of Supply Chain Management Professionals (CSCMP) model b. Supply Chain Efficiency (SCE) model c. The Process Classification Framework (PCF) d. Penn State University (PSU) model (c; p. 80) 7.
Chapter 01 What Is Organizational Behavior? True / False Questions 1. Strategic management focuses on the product choices and industry characteristics that affect an organization's profitability. True False 2. The theories and concepts found in OB are drawn from two disciplines: human resources management and strategic management.
Industry structure is categorized on market structure variables, which are believed to determine the extent and characteristics of competition. Those variables, which have received the most attention, are number of buyers and sellers, extent of product substitutability, costs, ease of entry and exit, and the extent of mutual interdependence [Baumol, 1982; Colton, 1993]. In the traditional framework, these structural variables are distilled into the following taxonomy of market structures: These four market structures each represent an
Magdalena Herod B2108632 LB160 eTMA02 PART I Use the stakeholder model of business environments to critically examine the external environment of Asda Wal – Mart as outlined in the case of study. The stakeholder is a person, group or organisation who affects or can be affected by organisation’s actions. “The stakeholder analysis is a way of organising these people and groups into stakeholder’s categories according to the level of their interest in the organisation and their power to influence it.” (LB160 course glossary p.23) Very common method to indentify stakeholders is creating stakeholder matrix (Figure 1). It illustrates the relevant stakeholders and shows theirs power and interest in the organisation. | | Interest | | | | High | Low | Power | High | (stakeholder(s)) Sam Walton customers | (stakeholder(s)) | | Low | (stakeholder(s)) competitors employees suppliers trade unions | (stakeholder(s)) Chambers of Commerce | Figure 1.
Explain why change happens in a business environment. You should include at least three reasons in your answer. An impact of external and internal factors implements respectively reactive and proactive changes in a business environment. In the area of change management it is indicated by the PEST acronym which summarises the four main influences causing changes. • Political • Economical • Social • Technology ”The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business.
SWOT Analysis Complete the following SWOT analysis for your company: Strengths * Describe your company’s internal resources and capabilities that can be used to establish a competitive advantage and reach your objectives Weaknesses * List the factors that may interfere with the company’s ability to achieve its objectives Opportunities * In looking at the external environmental, identify opportunities of buyer need or potential interest which may indicate opportunities for growth and profit Threats * Look at changes in the external environment that may pose a challenge or lead to lower sales or profits Corporate Social Responsibility What steps will your company take to make sure it is acting responsibly towards the community, employees, customers and the planet? Marketing Overview – Part 3 Marketing mix (the 4 P’s) decisions identify the product/service offerings, pricing strategy, distribution (place) strategy and promotional activities that will achieve the business goals. Create a marketing mix that will achieve your business goals and create a competitive advantage. Target
Running head: ORGANIZATIONAL CULTURAL ANALYSIS Organizational Cultural Analysis Shashi K. Bhat BUS7000 Organizational Behavior and Theory Diane Wuthnow Sunday, February 26, 2012 Introduction Organizational culture is a set of shared values, beliefs and assumptions that are commonly held in an organization. Culture defines the boundaries of an organization and differentiates an organization from another (Robins & Judge, 2012). Culture is what defines the dynamics of an organization and acts as a binding force between the members. Culture establishes implicit norms for the business, and may ultimately attribute to the rise or downfall of an organization. In today’s fast paced globalized businesses, maintaining a strong culture is getting increasingly challenging, and therefore stresses the need for a heightened awareness to maintain it.
4. Is ECCO following the inside-out or outside-in strategic perspective? What are the implications of this choice and how can ECCO increase their sales/marketing efforts? * Inside-out strategy: which is an internal oriented strategy. This strategy emphasizes the company’s ability to utilize its existing internal resources and focuses on streamlining operation through proper sizing and cost reduction.
James R Balbier MBA 6631 Influences of Culture 20 November 2012 Dr. Matthew Ademola INFLUENCES OF CULTURE The influence of culture in business is wide spread and incorporates many differences and types of challenges and barriers. The art of communication is developed around the designed challenges of the role of government and the rule of law. In some cases these elements are structural and create a protection or base and in other areas become fluid and motion like areas constantly changing and requiring adaptation. Privacy, punctuality, and the daily flow of business differ from area to area and the ability to manage these structural processes will define the end result of success. India and the Middle East share some of the most difficult structures to be successful in due to the nature and requirement of personal relationships along with the differences in Law and government involvement.
The purpose of SWOT analysis is to identify crucial factors for realizing the goals. The internal factors of an organization can be considered as strengths or weaknesses depending upon their impact on the organization. These may include all 4P's, personnel, manufacturing capabilities, finance, etc, whereas external factors are technological changes, macroeconomic factors, socio-cultural changes and legislation, as well as changes occurring in the marketplace. Strengths An organization's strengths are its resources that lie in: * Cost advantages from proprietary know how * Patents * Influential brand names * Access to natural resources * Accessible distribution network Weakness The weakness can be lack of certain strengths that include: * Lack of