BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
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BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 All Assignments (New Syllabus)
BUS 475 Apply Week 1 Degree of Alignment advanced organizer (Apple)
BUS 475 Apply Week 2 SWOT Analysis (Apple)
BUS 475 Apply Week 2 SWOT Analysis (Disney)
BUS 475 Apply Week 3 Project Metrics (Apple)
BUS 475 Apply Week 3 Project Metrics (Disney)
BUS 475 Apply Week 3 Project Metrics (Walmart)
BUS 475 Apply Week 3 Project Metrics (Wendy’s)
BUS 475 Apply Week 4 Project Plan (Apple)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Wendy’s)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Apple)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Walmart)
BUS 475 Apply Week 5 Executive Presentation (Disney)
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Under Armour)
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Walmart)
BUS 475 Assignment Week 2 Apply Internal and External Environmental Analysis (Hoosier Media Inc) (2 Papers)
BUS 475 Assignment Week 3 Apply Balanced Scorecard Template (New Syllabus) (2 Papers)
BUS 475 Assignment Week 4 Apply Implementation and Communication Plan Case Study (Hoosier Media Inc) (2 Papers)
BUS 475 Assignment Week 5 Apply Strategic Plan Evaluation (Hoosier Media Inc) (2 PPT)
BUS 475 Capstone Final Exam Part 1 and 2 (New, 2020)
BUS 475 Capstone Final Examination Part 1 (New, 2020)
BUS 475 Capstone Final Examination Part 2 (New, 2019)
BUS 475 Entire Course
BUS 475 Week 1 Chapter 1 Practice what is strategy
BUS 475 Week 1 Chapter 2 Practice Strategic Leadership managing the strategy Process
BUS 475 Week 1 Discussion Mission and Vision Statements
BUS 475 Week 1 DQ 1
BUS 475 Week 1 DQ 2
BUS 475 Week 1 knowledge Check
BUS 475 Week 1 Practice Strategic Leadership
BUS 475 Week 2 Chapter 10 Global Strategy Competing Around the World Assignment
BUS 475 Week 2 Chapter 3 External Analysis Industry Structure, Competitive Forces, and Strategic Groups Assignment
BUS 475 Week 2 Chapter 4 Internal Analysis Resources, Capabilities, and Core Competencies Assignment
BUS 475 Week 2 Discussion Internal and External Considerations
BUS 475 Week 2 DQ 1
BUS 475 Week 2 DQ 2
BUS 475 Week 2 Individual Assignment Business Model and Strategic Plan Part I: Conceptualizing a New Product or Service Division of an Existing Business (2 Papers)
BUS 475 Week 2 Knowledge Check
BUS 475 Week 2 Practice Internal and External Considerations
BUS 475 Week 2 Team Assignment Value Alignment (StarBucks)
BUS 475 Week 3 Discussion Market Trends
BUS 475 Week 3 DQ 1
BUS 475 Week 3 DQ 2
BUS 475 Week 3 Individual Assignment Business Model and Strategic Plan Part II: SWOTT Analysis Paper (2 Papers)
BUS 475 Week 3 Practice Developing and Communicating Strategic Objectives
BUS 475 Week 3 Team Assignment Functional Area Interrelationships (Kudler Foods)
BUS 475 Week 4 chapter 12 Section 3, Business Ethics Assignment
BUS 475 Week 4 chapter 7 Business Strategy Innovation, Entrepreneurship, and Platforms Assignment
BUS 475 Week 4 chapter 8 Corporate Strategy Vertical Integration and Diversification Assignment
BUS 475 Week 4 Discussion Components and Considerations of a Strategic Plan
Description
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 All Assignments (New Syllabus)
BUS 475 Apply Week 1 Degree of Alignment advanced organizer (Apple)
BUS 475 Apply Week 2 SWOT Analysis (Apple)
BUS 475 Apply Week 2 SWOT Analysis (Disney)
BUS 475 Apply Week 3 Project Metrics (Apple)
BUS 475 Apply Week 3 Project Metrics (Disney)
BUS 475 Apply Week 3 Project Metrics (Walmart)
BUS 475 Apply Week 3 Project Metrics (Wendy’s)
BUS 475 Apply Week 4 Project Plan (Apple)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Wendy’s)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Apple)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Walmart)
BUS 475 Apply Week 5 Executive Presentation (Disney)
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Under Armour)
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Walmart)
BUS 475 Assignment Week 2 Apply Internal and External Environmental Analysis (Hoosier Media Inc) (2 Papers)
BUS 475 Assignment Week 3 Apply Balanced Scorecard Template (New Syllabus) (2 Papers)
BUS 475 Assignment Week 4 Apply Implementation and Communication Plan Case Study (Hoosier Media Inc) (2 Papers)
BUS 475 Assignment Week 5 Apply Strategic Plan Evaluation (Hoosier Media Inc) (2 PPT)
BUS 475 Capstone Final Exam Part 1 and 2 (New, 2020)
BUS 475 Capstone Final Examination Part 1 (New, 2020)
BUS 475 Capstone Final Examination Part 2 (New, 2019)
BUS 475 Entire Course
BUS 475 Week 1 Chapter 1 Practice what is strategy
BUS 475 Week 1 Chapter 2 Practice Strategic Leadership managing the strategy Process
BUS 475 Week 1 Discussion Mission and Vision Statements
BUS 475 Week 1 DQ 1
BUS 475 Week 1 DQ 2
BUS 475 Week 1 knowledge Check
BUS 475 Week 1 Practice Strategic Leadership
BUS 475 Week 2 Chapter 10 Global Strategy Competing Around the World Assignment
BUS 475 Week 2 Chapter 3 External Analysis Industry Structure, Competitive Forces, and Strategic Groups Assignment
BUS 475 Week 2 Chapter 4 Internal Analysis Resources, Capabilities, and Core Competencies Assignment
BUS 475 Week 2 Discussion Internal and External Considerations
BUS 475 Week 2 DQ 1
BUS 475 Week 2 DQ 2
BUS 475 Week 2 Individual Assignment Business Model and Strategic Plan Part I: Conceptualizing a New Product or Service Division of an Existing Business (2 Papers)
BUS 475 Week 2 Knowledge Check
BUS 475 Week 2 Practice Internal and External Considerations
BUS 475 Week 2 Team Assignment Value Alignment (StarBucks)
BUS 475 Week 3 Discussion Market Trends
BUS 475 Week 3 DQ 1
BUS 475 Week 3 DQ 2
BUS 475 Week 3 Individual Assignment Business Model and Strategic Plan Part II: SWOTT Analysis Paper (2 Papers)
BUS 475 Week 3 Practice Developing and Communicating Strategic Objectives
BUS 475 Week 3 Team Assignment Functional Area Interrelationships (Kudler Foods)
BUS 475 Week 4 chapter 12 Section 3, Business Ethics Assignment
BUS 475 Week 4 chapter 7 Business Strategy Innovation, Entrepreneurship, and Platforms Assignment
BUS 475 Week 4 chapter 8 Corporate Strategy Vertical Integration and Diversification Assignment
BUS 475 Week 4 Discussion Components and Considerations of a Strategic Plan
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 All Assignments (New Syllabus)
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Under Armour)
BUS 475 Assignment Week 2 Apply Internal and External Environmental Analysis (Hoosier Media Inc)
BUS 475 Assignment Week 3 Apply Balanced Scorecard Template (New Syllabus)
BUS 475 Assignment Week 4 Apply Implementation and Communication Plan Case Study (Hoosier Media Inc)
BUS 475 Assignment Week 5 Apply Strategic Plan Evaluation (Hoosier Media Inc)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 1 Degree of Alignment advanced organizer (Apple)
The assessments in this course give you the opportunity to design a project plan. Throughout the 5 weeks, you will choose an organization, create a project, write project metrics, and develop a plan that includes a contingency plan. You may use the course textbook and outside resources for all assessments.
This week you will choose your organization and learn about its corporate values. Review the 8 organizations listed in the case studies portion of the text. Choose 1 of the organizations to use for all weekly assessments. You will not be able to change your organization, so ensure that you are comfortable with your choice.
An organization is typically centered on its mission and vision, but it may not always do as its statement says. Using the provided advanced organizer template, complete the following:
- List the information about the company
- Analyze the degree of alignment between what the organization is currently doing (actions) and their mission, vision,values, structure, and culture
Cite all sources in APA format.
Submit the Wk 1 Apply: Degree of Alignment advanced organizer.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 2 SWOT Analysis (Apple)
Using the organization you selected for the Week 1 assignment, review its corporate website and at least 2 other sources of information on the organization, including information on market trends.
Complete a SWOT analysis from a global perspective, if applicable, using the SWOT analysis worksheet.
Complete a 2- to 3-page summary of your findings addressing the questions in the Analysis section of the worksheet .
Cite all sources following APA guidelines.
Submit your assignment.
Wk 2 – Apply: SWOT Analysis
Name:
Selected Organization:
Complete a SWOT analysis from a global perspective, if applicable.
Strengths Weaknesses
Opportunities Threats
Analysis
Summarize your findings from the SWOT analysis for the CEO of the organization you chose. Address the following in your 2- to 3-page summary:
• How would you match the organization’s strengths to its opportunities?
• How would you convert the organization’s weaknesses into strengths?
• What recommendations do you have to mitigate the impact of the threats?
• What action(s) does the organization need to take to advance their organization goals and/or expand their competitive advantage?
• Why does the organization need to take this/these action(s)?
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 2 SWOT Analysis (Disney)
Using the organization you selected for the Week 1 assignment, review its corporate website and at least 2 other sources of information on the organization, including information on market trends.
Complete a SWOT analysis from a global perspective, if applicable, using the SWOT analysis worksheet.
Complete a 2- to 3-page summary of your findings addressing the questions in the Analysis section of the worksheet .
Cite all sources following APA guidelines.
Submit your assignment.
Wk 2 – Apply: SWOT Analysis
Name:
Selected Organization:
Complete a SWOT analysis from a global perspective, if applicable.
Strengths Weaknesses
Opportunities Threats
Analysis
Summarize your findings from the SWOT analysis for the CEO of the organization you chose. Address the following in your 2- to 3-page summary:
• How would you match the organization’s strengths to its opportunities?
• How would you convert the organization’s weaknesses into strengths?
• What recommendations do you have to mitigate the impact of the threats?
• What action(s) does the organization need to take to advance their organization goals and/or expand their competitive advantage?
• Why does the organization need to take this/these action(s)?
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 3 Project Metrics (Apple)
Now that you’ve identified the organization’s SWOT, you need to determine the project and its objectives and metrics. This project should be based on an unmet opportunity for the organization, or to minimize a potential threat. What does the organization need to do to advance its goals and/or expand its competitive advantage? How will you measure their progress?
Complete the following:
- Explain why this opportunity/threat was selected, and how it is anticipated to benefit the organization.
- Create at least 3 measurable project objectives based on your analyses. Determine timelines and responsibilities for each objective (e.g. with a RACI chart)
- Explain why these objectives are appropriate for the project.
- Develop at least 2 metrics to evaluate achievement of each of the project objectives. Provide a 1-page explanation for why these are appropriate metrics for each of the objectives.
Cite all sources following APA guidelines.
Submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 3 Project Metrics (Disney)
Now that you’ve identified the organization’s SWOT, you need to determine the project and its objectives and metrics. This project should be based on an unmet opportunity for the organization, or to minimize a potential threat. What does the organization need to do to advance its goals and/or expand its competitive advantage? How will you measure their progress?
Complete the following:
- Explain why this opportunity/threat was selected, and how it is anticipated to benefit the organization.
- Create at least 3 measurable project objectives based on your analyses. Determine timelines and responsibilities for each objective (e.g. with a RACI chart)
- Explain why these objectives are appropriate for the project.
- Develop at least 2 metrics to evaluate achievement of each of the project objectives. Provide a 1-page explanation for why these are appropriate metrics for each of the objectives.
Cite all sources following APA guidelines.
Submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 3 Project Metrics (Walmart)
BUS 475 Apply Week 3 Project Metrics (Walmart)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 3 Project Metrics (Wendy’s)
BUS 475 Apply Week 3 Project Metrics (Wendy’s)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 4 Project Plan (Apple)
A project plan is based on research and organizational goals.
Use the provided Project Plan template to create a project plan that outlines the operational steps needed to meet each project objective determined in Wk 3 – Apply: Project Metrics.
- Use the textbook and other available resources to fill in the appropriate content.
- Summarize the justification for your project plan.
- Cite all sources following APA guidelines.
Submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Wendy’s)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Wendy’s)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Apple)
Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.
Add the following 2 columns to the project plan table you created in Wk 4 – Apply: Project Plan:
- Potential Risk Factors
- Contingency Plans
Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan.
Use Microsoft® PowerPoint®, Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information:
- The organization’s information presented in Wk 1
- SWOT analysis and market trend research
- Project objectives
- Explain how success will be measured.
- Explain the value this project will bring to the organization.
- Project metrics
- Timelines
- Responsible parties
- Potential risk factors
- Contingency plans
Include detailed speaker notes within the presentation. Convert the speaker notes to a Microsoft Word document and add it to the citations slide.
Cite all sources following APA guidelines.
You will submit 2 different deliverables:
- Updated project plan with potential risk factors and a contingency plan
- Executive presentation with detailed speaker notes as a Word document within the presentation
Submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Walmart)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Walmart)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Apply Week 5 Executive Presentation (Disney)
Project plans outline the intended course of events; however, things don’t always happen as intended. Organizations need to consider risks and develop a contingency plan. This plan is typically presented to management.
Based on your prior research, determine potential risk factors for not meeting each of the project objectives. Develop a contingency plan for each of the potential risks. Add the potential risks and contingency plan to your Wk 4 – Apply: Project Plan.
Use Microsoft® PowerPoint®, Prezi® , or another software to create a 12- to 14-slide executive presentation—with appropriate images and diagrams—that summarizes the following information:
- The organization’s information presented in Wk 1
- SWOT analysis and market trend research
- Project objectives
- Explain how success will be measured.
- Explain the value this project will bring to the organization.
- Project metrics
- Timelines
- Responsible parties
- Potential risk factors
- Contingency plans
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Under Armour)
Select a company and identify its mission, vision, and values.
Address the following in 525 to 700 words:
- Evaluate whether the company’s actions seem to align with their vision and mission statements.
- Examine how the mission and vision of the organization might affect or guide employees in the company.
- Describe the company’s culture based on your analysis.
Click the Assignment Files tab to submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 1 Mission, Vision, and You (New Syllabus) (Walmart)
Select a company and identify its mission, vision, and values.
Address the following in 525 to 700 words:
- Evaluate whether the company’s actions seem to align with their vision and mission statements.
- Examine how the mission and vision of the organization might affect or guide employees in the company.
- Describe the company’s culture based on your analysis.
Click the Assignment Files tab to submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 2 Apply Internal and External Environmental Analysis (Hoosier Media Inc) (2 Papers)
You work for a consulting firm whose primary objective is to help businesses improve their strategic operations. Your firm recently was hired by a newspaper company named Hoosier Media Inc. The client’s print newspaper circulation and subscriptions have declined, resulting in 30% lower revenues over the last five years. Online ad revenues have increased but currently account for just 5% of the company’s revenue. You have been tasked with providing a comprehensive internal and external analysis to help the firm improve its business operations.
Create a 700- to 1,050-word analysis that includes the following:
- Identify economic, legal, and regulatory forces and trends.
- Critique how well the organization adapts to change.
- Discuss the primary internal organizational considerations.
- Discuss the primary external organization considerations.
- Identify the major issues and/or opportunities the company faces based on your analysis.
Click the Assignment Files tab to submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 3 Apply Balanced Scorecard Template (New Syllabus) (2 Papers)
Develop three strategic objectives for each of the four balanced scorecard areas using the Balanced Scorecard Template.
Click the Assignment Files tab to submit your assignment.
Balanced Scorecard Template
Background
Strategic objectives are measure of attaining your vision and mission. They reflect the vision, mission, and values of the business as well as the outcomes of the internal and external environmental analysis.
Scorecard Areas
Develop at least three strategic objectives for each of the four balanced scorecard areas.
Financial Objectives Measures Targets
Customers Objectives Measures Targets
Internal Business Process Objectives Measures Targets
Learning and Growth Objectives Measures Targets
Reflection
Assess, in no more than 350 words, trends, assumptions, and risks of Hoosier Media, Inc.’s business model after completing the strategic objectives for each area.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 4 Apply Implementation and Communication Plan Case Study (Hoosier Media Inc) (2 Papers)
Consider the following information relative to your consulting engagement for Hoosier Media, Inc.
Marketing
Currently Hoosier Media utilizes traditional media vehicles for marketing. This includes print advertising to solicit new and renewal newspaper subscriptions. Other marketing tactics currently used include regional television and radio advertising spots. Management has expressed interest in expanding its marketing reach through social media and mobile app technology but is unsure how to move forward in those areas.
Information technology
Hoosier Media’s newsroom is in dire need of technological updates. All workstations currently have desktop computers; however, many employees have been requesting the ability to work from home as well as have access to company networks while on the road for business. Many of the younger employees would like to have access to iPads and would like to replace their desktop computer with lightweight laptop computers.
For the next phase of your consulting engagement, address the following in a 700- to 1,050-word paper:
- Propose marketing and information technology implementation tactics for Hoosier Media, Inc.
The paper should also reflect on how the company should communicate its strategic plan to key stakeholders by:
- Identifying the information that should be communicated.
- Defining the audience that should receive the communication.
- Identifying the channel(s) of communication.
Click the Assignment Files tab to submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Assignment Week 5 Apply Strategic Plan Evaluation (Hoosier Media Inc) (2 PPT)
Refer back to the Week 2 company, Hoosier Media, Inc. Your consulting firm is now ready to present suggestions regarding the strategic plan of Hoosier Media, Inc.
In a 10- to 20-slide presentation with speaker notes, address the following which will be presented to the Director of Marketing:
- The best possible options for evaluating a strategic plan
- Corrective actions that should be taken to ensure company operations are correctly aligned with the strategic plan
Include the following in your presentation:
- How should the company measure organizational performance?
- How will the company examine what progress is being made toward the stated objectives?
- What criteria will be used when determining whether company objectives are measurable and verifiable?
- Based on your knowledge of the company, what changes should be made to reposition Hoosier Media competitively for the future?
Click the Assignment Files tab to submit your assignment.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Capstone Final Exam Part 1 and 2 (New, 2020)
BUS 475 Capstone Final Examination Part 1 (New, 2018)
BUS 475 Capstone Final Examination Part 2 (New, 2018)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Capstone Final Examination Part 1 (New, 2020)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Capstone Final Examination Part 2 (New, 2019)
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Entire Course
BUS 475 Apply Week 1 Degree of Alignment advanced organizer (Apple)
BUS 475 Week 1 Discussion Mission and Vision Statements
BUS 475 Week 1 Practice Strategic Leadership
BUS 475 Apply Week 2 SWOT Analysis (Apple)
BUS 475 Apply Week 2 SWOT Analysis (Disney)
BUS 475 Week 2 Practice Internal and External Considerations
BUS 475 Week 2 Discussion Internal and External Considerations
BUS 475 Apply Week 3 Project Metrics (Apple)
BUS 475 Apply Week 3 Project Metrics (Disney)
BUS 475 Apply Week 3 Project Metrics (Walmart)
BUS 475 Apply Week 3 Project Metrics (Wendy’s)
BUS 475 Week 3 Discussion Market Trends
BUS 475 Week 3 Practice Developing and Communicating Strategic Objectives
BUS 475 Apply Week 4 Project Plan (Apple)
BUS 475 Week 4 Discussion Components and Considerations of a Strategic Plan
BUS 475 Week 4 Practice Strategy Implementation
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Apple)
BUS 475 Apply Week 5 Executive Presentation (Disney)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Wendy’s)
BUS 475 Apply Week 5 Contingency Plan and Executive Presentation (Walmart)
BUS 475 Week 5 Discussion Evaluating Strategic Plans
BUS 475 Week 1-5 Entire Course
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 Chapter 1 Practice what is strategy
1. Greener Grocers provides goods that are similar to competitor’s goods at a comparable price. Greener Grocers cannot lower prices more without facing financial difficulties. What is another way Greener Grocers could gain a competitive advantage?
It could provide goods or services that its consumers would value more highly than competitor’s offerings.
2. The element of a firm’s strategy that summarizes the ultimate goals of the firm is known as the vision.
3. Which of the following are primary strategy objectives? (Check all that apply.)
4. Walmart and Nordstorm maintain very different strategic positions, one based on cost-leadership and the other based on differentiation through superior customer service. This is an example of
5. Managers have resources in their quest for competitive advantage.
6. Which of the following is an example of a strategy for competitive advantage?
7. A(n) occurs when a firm performs below the industry average or is outperformed by its competitors.
8. Michael’s Deli is able to perform at the same level as its primary competitor. Michael’s Deli has
9. Andrew’s Home center has created a unique position for itself in its industry that allows the company to not only provide excellent value to its customer but also control its cost. This is known as
10. Which of the following could accurately be called a strategy?
11. Which of the following elements comprise strategic management? (Check all that apply.)
12. In order to achieve and sustain competitive advantage, a company devises and adopts a set of goal-directed actions known collectively as a(n) strategy. (Remember tot type one word in the blank.)
13. A good strategy consists of three elements. The second element is accomplished through strategy formulation, resulting in the firm’s functional, business-level and corporate-level strategies. This is called
14. A competitive advantage
15. Burger Bomb has been outperforming other burger restaurants for a decade. This indicates that Burger Bomb has which of the following?
16. Sustainable competitive advantage exists when a firm
17. Which of the following are elements of a good strategy according to the AFI framework? (Check all that apply.)
A guiding policy to address the competitive challenge
18. A good strategy consists of three elements. The first element is accomplished through analysis of the firm’s external and internal environments. We also call this
19. A mission (fill out one word only) outlines what an organization does, while a vision outlines what the organization wants to do.
20. A(n) can help employees feel that they are doing something worthwhile and are part of something important and meaningful.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 Chapter 2 Practice Strategic Leadership managing the strategy Process
BUS 475 Week 1 Chapter 2 Practice Strategic Leadership managing the strategy Process
1. The stakeholders of a firm are
2. Which of the following are aims of stakeholder strategy?
3. True or false: the strategist’s job is to focus on shareholders only.
4. Which of the following is a tool that managers can use to address the needs of stakeholders while maintaining a competitive advantage?
5. When a stakeholder has power over a company. It is
6. Place the five steps of the stakeholder impact analysis in order, with the first step at the top.
7. The concept, or framework, of corporate social responsibility guides firms in identifying and addressing their economic, legal, ethical and philanthropic obligations to society.
8. Which of the following legal developments allow business to function as an institution? (Check all that apply.)
9. Starbuck’s commitment to fair trade and responsible growing practices indicated that the firm takes its responsibilities seriously.
Ethical
10. The expectations that society has toward business, in contrast to what society requires, result in which of the following elements of the pyramid of corporate social responsibility? (Check all that apply.)
11. Which of the following elements of the pyramid of corporate social responsibility are required by society? (Check all that apply.)
12. Match the element of the pyramid of corporate social responsibility (on the left) with its explanation (on the right).
Philanthropic responsibilities Corporate citizenship
Ethical responsibilities Do what is right, just, and fair
Legal responsibilities Laws and regulations are society’s codified ethics; define minimum acceptable standard
Economic responsibilities Gain and sustain competitive advantage
13. Top-down strategic planning is a rational process through which executives attempt to program future success.
14. A(n) illusion of a control describes the tendency of managers to overestimate their ability to manage events.
15. Both strategy formulation and strategy implementation are aspects of
16. A strategic business unit (SBU) is defined as an(n) .
17. Place the progression of steps in the traditional top-down strategic planning in order, with the first step at the top.
18. Scenario planning is a strategy-planning activity in which top management envisions various what-if scenarios to anticipate plausible futures in order to derive strategic responses.
19. A(n) strategy is the outcome of a rational and structures, top-down strategic plan.
intended
20. Which of the following statements is correct?
Strategic initiatives can be the result of top-down planning or a bottom-up process.
21. Which of the following are addressed during corporate strategy formulation?
22. What are the approaches that can be utilized when strategizing for competitive advantage?
Strategic planning
23. True or false: Top-down strategic planning is most effective when the environment is constantly changing.
24. The major assumption in the top-down strategic planning process is that .
25. A(n) black swan event is an unexpected and unlikely occurrence that has a significant impact on society.
26. According to the book Good to Great by Jim Collins, companies that were able to gain a competitive edge all have what in common?
27. A level-4 (fill out in a number) leader presents a convincing vision and mission that helps groups improve their performance.
28. Rank the following levels of the level-5 leadership pyramid, placing the highest level at the top.
29. A level-2 leader is referred to as a contributing team member.
30. Which strategy addresses the question of how to compete?
31. Functional strategy is primarily concerned with
32. Which of the following are examples of black swan events?
33. Which of the following are types of corporate social responsibilities that a firm may identify during the fourth step of stakeholder impact analysis? (Check all that apply.)
34. According to upper-echelons theory, the way strategic leaders of a firm interpret a situation is influenced by which of the following?
35. A firm that successfully executes a strategy benefits society by . (Check all that apply.)
36. Among the various types of responsibilities a business firm has, which are specifically considered to be economic responsibilities? (check all that apply.)
37. For CEOs, what is an advantage of face-to-face meetings?
38.
39. Which of the following are outcomes of effective stakeholder management? (Check all that apply.)
40. Which of the following is NOT one of the variables used to determine whether the appropriate strategy process is strategic planning, scenario planning, or strategy as planned emergence?
41. Which of the following is considered an internal stakeholder?
42. What distinguishes a level-5 leader from other levels of leaders?
43. Which of the following statements are true about the views held by Sheryl Sandberg, one of the most influential women in the tech industry today? (Check all that apply.)
44. In the second step of the stakeholder impact analysis, managers need to identify and understand stakeholders’ .
45. Research about how CEOs spend their days suggests that CEOs spend most of their time
46. Microsoft donating more than $3 billion in cash and software to people in need is an example of which type of corporate social responsibility?
47. Sheryl Sandberg, named by Forbes magazine as the Most Powerful Woman in Tech for 2016, is the chief operating officer of .
48. Allows for bottom-up strategic initiatives to occur within a company and to be reviewed by executives.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 Discussion Mission and Vision Statements
The mission and vision statement guide an organization’s practices and operations. What 3 factors do you feel are most important to consider when producing an appropriate mission and vision statement for an organization?
Provide an example of a company/organization whose mission and vision statement contain the factors you feel are most important.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 DQ 1
What is strategic management? What are the roles of mission and vision statements in strategic management? Can an organization have a successful strategic plan without effective mission and vision statements? Why or why not?
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 DQ 2
Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan?
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 knowledge Check
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 1 Practice Strategic Leadership
Required information
Strategic Leadership: Formulating Strategy Across Levels
This activity focuses on IBM and how it uses corporate strategy, business strategy, and functional strategy to build competitive advantage. This activity is important because it illustrates how such strategies are created through the strategy process. The goal of this activity is important because it illustrates how such strategies are created through the strategy process. the goal of this activity is to recognize at which levels of strategy key members of IBM act on behalf of the firm, and what questions they must ask to build competitive advantage.
Read the short case below and then complete the questions that follow.
Minicase
The current Chief Executive Officer at IBM is Virginia Rometty who rose to the post in late 2012. Before her tenure, the office was held by Sam Palmisano. The example below comes from actual strategic decisions made at the firm. As the Chief Executive Officer, Mr. Palmisano decided to invest in an Emerging Business Organization (EBO). This was established to help select what new industries IBM should be entering. This group was formed specifically to expand quickly and successfully into new markets for IBM. Bruce Harreld, a senior vice president, was tapped to lead this new business for IBM. One of his main roles was to assess the possible approaches for achieving the desired superior performance levels for the EBO. Mr. Harreld needed to approach business with a variety of points of view to navigate a successful pathway both commercially and internally for IBM. Inside the EBO business unit, Carol Kovac, a life science director, was tapped to build a business in the life sciences area for IBM. She had to address concerns about developing the customer base and implementing successful products and services for particular customers. Over a six-year period, Ms. Kovac built an organization from no revenues and one direct report into an organization with more than $5 billion in revenues and hundreds of PhDs and other support personnel.
This example is drawn from O’Reilly, C. A., B. Harreld, and M. Tushman (2009), “Organizational ambidexterity: IBM and emerging business opportunities,” California Management Review 51: 75–99
For each manager, select the appropriate strategy to apply for “Level”; then select the appropriate question to ask for “Question”.
Sam Palmisano, CEO
1. Level
2. Question
Bruce Harreld, Senior Vice President
3. Level
4. Question
Carol Kovac, Life Sciences Director
5. Level
6. Question
2
According to the text, superior performance within the strategic business unit (SBU) is sought by asking which major question?
3
Implementing the strategy is often overlooked by senior managers especially in large organizations. What level of manager is often responsible for making sure the strategy gets implemented in alignment with the corporate goals?
4
Required information
Internal and External Stakeholders
This exercise is important because it reviews the role of stakeholders and their relationship to a firm’s competitive advantage. Different stakeholders play different roles in the firm’s quest for competitive advantage.
Read the overview below and complete the activities that follow.
The textbook discusses the vital role stakeholders can play in the performance and survival of the firm. These stakeholders are often in a complex relationship with the firm. Stakeholders make specific contributions in support of the company and expect certain benefits in return. The characteristics of this exchange relationship are covered in the textbook.
The goal of this exercise is to identify the unique contributions of and benefits for different stakeholders.
5.
Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can provide. Superior performance allows the firm to
6.
Not all stakeholder groups are created equal. Their differential power can influence how economic value is both created and captured. As noted in the textbook, in the ________ industry, one of the most powerful external stakeholders has historically been unions.
7.
Social Responsibilities: Stakeholders and Competitive Advantage
This exercise is important because it addresses the need for corporate social responsibility when conducting a stakeholder impact analysis.
The goal of this exercise is to recognize how companies can practice different forms of social responsibility.
Complete the activities that follow.
8.
When Congress passed the Patient Protection and Affordable Care Act (PPACA), it created a (an) _______ responsibility for both individuals and firms of more than 50 people to carry health insurance.
9.
Managers must ensure that their firms obey all relevant laws, including labor, consumer, and environmental regulations. This is a firm’s __________ responsibility.
10
Many companies incentivize employees through stock options (ESOPs). This practice allows employees to buy stock at discounted prices or use stock as a retirement investment. This has the effect of
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 Chapter 10 Global Strategy Competing Around the World Assignment
1. A company should only expand abroad if
2. Benicio’s Burritos is a leader in the Mexican fast-food category in the United States. It decides to expand internationally, starting in Japan. Benicio’s Burritos fails within a year, learning later that Mexican food is uncommon in Japan and that the flavor profiles are not compatible with Japanese palates. The failure of Benicio’s Burritos can be attributed to which of the following?
3. Which of the following risks do companies face when expanding internationally?
loss of Intellectual property
4. When a company has difficulty coordinating operations across geographic distance and between distinct culture environments, it experiences _______ .
5. If the economic value creation of international expansion is negative, a firm should ______ .
not expand internationally
6. At a basic level, the concept of “liability of foreignness” refers to the additional _______ .
cost of doing business In an unfamiliar cultural and economic environment
7. MNEs pursuing a _______ ocean strategy tend to also pursue a transnational strategy.
8. A(n) _________ strategy focuses on integration at the business level by attempting to reconcile product differentiations at low cost.
transnational
9. The benefits to be accrued from locating value chain activities In the world’s optimal geographies for a specific activity are known as _________ economies.
location
10. Which of the following characteristics help make an MNE’s international strategy successful?
11. What are the four quadrants of the integration-responsiveness framework?
multidomestic strategy
international strategy
global standardization strategy
transnational strategy
12. If a firm’s goal is to leverage home-based core competencies in foreign markets, it should pursue a(n) strategy.
International
13. The Japanese market is very particular, and MNEs tend to have a challenging time breaking into the market successfully. To provide the most local responsiveness and to influence Japanese consumers in believing that the products are local, an MNE should follow a(n)______ strategy.
multidomestic
14. One notable advantage of a multidomestic strategy is
lower exchange-rate exposure
15. Which of the following factors helped make Germany, which was a tough environment for a car company, conducive to successful car companies?
demanding customers
16. When companies face a highly competitive environment at home, they are more likely to _______ .
outperform global competition that lacks such intense domestic competition
17. Which of the following statements about economic distance are true?
Wealthy companies benefit from trade when their competitive advantage is based on economies of experience, scale, and scope.
Wealthy countries tend to trade with other wealthy countries.
18. As MNEs compete internationally, a focus on local responsiveness allows them to do which of the following?
19. What are the factors in Michael Porter’s model of national competitiveness?
competitive intensity in a focal industry
20. In order for a company to be considered a multinational enterprise, it must operate ______ .
in more than one country
21. A company’s ________ is the part of a corporate strategy that addresses how to gain and sustain a competitive advantage when competing against other foreign and domestic companies around the world.
22. Foreign direct investments are investments in ______ .
23. True or false: U.S. MNEs have a disproportionately positive impact on the U.S. economy.
True
24. Under Globalization 3.0, MNEs freely locate business functions anywhere in the world based on an optimal mix of which factors?
25. Rising wages and other costs are likely to negate any benefits MNEs have of access to ________ .
26. Which of the following statistics regarding MNEs are correct?
27. Which of the following have helped make globalization possible?
28. Which of the folloeing is the part of culture ?
beliefs
social mores
29. The extent to which members of a society feel anxious when faced with an unknown situation is known as
30. The cultural disparity between the Internationally expanding firm’s home country and its targeted host country is known as ________.
31. In ______ societies, competitiveness, assertiveness, and the exercise of power are considered Ideal.
32. The extent to which members of a society feel anxious when faced with an unknown situation is known as _______ .
33. Which of the following dimensions are considered In the CAGE
distance framework?
34. Despite a growing belief In the death-of-distance hypothesis, there remains evidence that certain countries remain leaders in specific Industries and maintain a kind of ________ advantage.
35. Companies seek to access international markets as a means of ______ .
36. Which of the following are among the primary considerations when determining the mode in which a firm enters a foreign market?
37. Calculating cultural distance involves comparing the cultures of which of the following?
38. Which of the following have the effect of shrinking the administrative and political distance between countries?
39. When a country’s demand conditions include high-density urban living and high energy costs, consumers can be expected to prefer air conditioners that are which of the following?
energy-efficient
40. Which of the following are benefits of a transnational strategy?
It promotes global learning and the diffusion of best practices and innovations.
41. Since expanding internationally, IKEA has shifted focus, concentrating on effectively managing a global supply chain in order to achieve economies of scale. This is reflective of a(n) _________ strategy.
42. The benefits of competing on a global scale exist _____.
43. The strategic foundations of the globalization hypothesis are based primarily on _____ .
44. Which of the following factors help define the administrative and political distance between two countries?
the absence or presence of political hostilities
45. During globalization 1.0 all Important business functions were located in the home country, whereas during globalization 2.0 multinationals began to copy themselves
_______ .
46. True or False: Though low-skilled laborers make much exists for high-skilled workers.
False
47. Leading biotechnology, software, and Internet companies and leading computer concentrateo in wmen or tne following countries or states?
48. A country’s natural, human, and other resources can be expressed in terms of_______.
49. During the first stage of globalization, business functions that took place abroad were limited to which of the following?
sales
50. A multinational enterprise would likely be motivated to pursue a global-standardization strategy in order to ________ .
take advantage of location economies
51. In the global economy, according to Porter, competitive advantages increasingly exist in such as Silicon Valley.
52. The belief that the importance of location is diminishing as an explanation of firm-level competitive advantage is called ________ .
The oldest form of internationalization is __________, which involves producing goods in one country to sell in another country.
53. When Walmart posted a list of banned suppliers on its website, this was an example of_________.
54. In a global-standardization strategy, the main competitive element is ________ .
55. Which of the following factors enabled India to gain a competitive advantage in business process outsourcing?
56. Firms can achieve increased competitive advantage as a result of ________ , which are firms that
produce a good or service that increases the perceived value of a focal firm’s offering when the two are combined.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 Chapter 3 External Analysis Industry Structure, Competitive Forces, and Strategic Groups Assignment
BUS 475 Week 2 Chapter 3 External Analysis Industry Structure, Competitive Forces, and Strategic GroupsAssignment
1. Which of the following help determine competitive industry structure? (Check all that apply)
2. Which of the following are characteristics of a perfectly competitive industry? (Check all that apply.)
3. Which of the following are characteristics of a monopolistically competitive industry? (Check all that apply.)
4. A key feature of an oligopoly is that the competing firms in the industry , meaning the actions of any one firm will influence the behaviors of the other firms.
5. An industry in which only one firm supplies the market is known as a(n) .
6. Many drivers find a GPS navigation system useful. Because installing a GPS system in an automobile adds value to the vehicle, the system functions as .
7. A perfectly competitive industry has entry barriers and small firms.
8. Recessions are less likely to harm low-cost airlines, which appeal more to budget-conscious travelers than legacy carriers.
9. In the group of external factors that form the PESTEL model, the “P” stands for political and the “L” stands for legal.
10. A firm’s strategic position relates to its ability to create value for customers while containing the cost to do so.
11. Michael Porter developed the five forces model to help firms do which of the following? (Check all that apply.)
12. The weaker the five forces in Porter’s model, the the industry’s profit potential.
Greater
13. Which of the following are forces in Porter’s five forces model? (Check all that apply.)
14. The risk that potential competitors will enter the industry is known as the .
Threat of entry
15. Which of the following are examples of economies of scale? (Check all that apply.)
16. The pressures that industry suppliers can exert on an industry’s profit potential, is also called the
.
17. Which of the following are ways in which the power of buyers affects procedures? (Check all that apply.)
18. The threat of is one of the five forces and can be exemplified by the threat that video conferencing presents to business travel.
19. The intensity with which companies in an industry jockey for market share and profitability is known as .
20. An industry analysis provides which of the following? (check all that apply.)
21. According to Porter’s model, which of the following should be considered when analyzing a firm’s competition? (Check all that apply.)
22. According to the five forces model, a firm seeking to compete in an established industry should seek to do which of the following? (Check all that apply.)
23. Cost advantages that accrue for firms with larger output because they can spread fixed costs over more units and an employ technology more efficiently are called .
24. The power of is the pressure they can put on the margins of producers in the industry by demanding a lower price or higher product quality.
25. The most rigorous means of analyzing the profit potential within a specific industry is to conduct
.
26. According to Michael Porter, the profit potential of an industry is .
27. The stronger the five forces in Porter’s model, the the industry’s profit potential.
28. A group of companies that deals with more or less the same set of suppliers and buyers make up
.
29. A(n) strategic group is a set of companies within a specific industry seek to achive competitive advantage in similar ways.
30. The cultures, norms and values of the society in which a firm competes are considered sociocultural factors.
31. An example of a recent innovation in process technology is .
32. Which of the following is a positive response to ecological factors in the PESTEL model?
33. Deregulation of industries leads to intensified competition and higher value at lower prices for consumers. This is an example of factors influencing business.
Legal
34. Global warming would be an example of factor in a firm’s external environment.
35. Managers are able to influence which of the following types of external forces? (Check all that apply.)
36. In the PESTEL model, political factors are those that relate to .
37. The economic factors that affect a firm’s external environment are .
38. Managers have direct influence over external forces in the firm’s general environment than those in the firm’s task environment.
Less
39. Which of the following statements about industry dynamics is true? (Check all that apply.)
40. Firms have a tendency to change the industry structure in their favor, for example by making industries more through mergers and acquisitions.
41. When a person has been using a PC with a Microsoft Windows operating system starts using an Apple computer (which has a different operating system), that person will incur significant customer switching costs.
42. Which of the following are the example of commonly encountered capital requirements? (Check all that apply.)
43. Advantages based on brand loyalty, proprietary technology, preferential access to raw materials, and favorable geographic locations are example of .
44. New firms have been established in the airline and telecommunication industries after
.
45. Walmart producing private-label brands, such as Equate health and beauty items and Parent’s choice baby products, is an example of .
46. Which of the following conditions lead to a strong threat of substitute? (Check all that apply.)
47. There is a(n) relationship between intensity and the power of five forces.
48. Although coordination, such as price fixing, is illegal in the United States, coordination such as “an unspoken understanding” is not.
49. As utility companies tend to serve a whole market exclusively, they are known as ————- because the governments involved believe that the product or service would not be supplied otherwise.
50. Which of the following are likely outcomes of a competitive rivalry based entirely on price cutting? (Check all that apply.)
51. True or false: High exit barriers lead to intense rivalry.
True
52. Rivalry among existing competitors has ————— with the height of the industry’s exit barriers.
53. The key take away from the five forces model is that —————–.
54. The threat of entry is high when capital requirements are low in comparison to the expected returns.
55. The fact that tax preparation software such as Intuit’s TurboTax is a valid alternative for professional services offered by H&R Block and others, is an example of—————————-.
56. Price discounts, frequent new product releases with minor modifications, and intense promotional campaigns are all tactics indicative of an industry with —————- growth.
Slow or negative
57. True or false: The stronger the five forces, the greater the industry’s ability to earn above- average competitive advantage.
False
58. Firms within the same strategic group are direct competitors.
59. Which of the following are important strategic dimensions in mapping strategic groups? (Check all that apply.)
60. Industry-specific factors known as ——————— separate one strategic group from another.
Mobility barriers
61. In the airline industry, the mobility (type in one word only) barrier of offering international routes restricts movement between hub-and-spoke and point-to-point airlines.
62. Exit barriers, strategic commitments, and competitive industry structure are important factors in determining the intensity of rivalry (fill out one word only)
63. Firms are able to create a near monopoly by maximizing —————.
64. True or false: Airlines that are strategically committed to the hub-and-spoke model face high fixed costs to maintain their network of routes that affords global coverage. Such strategic commitments leads to high fixed costs and therefore decreased rivalry.
False
65. When Samsung and Google cooperate as complementors to compete against Apple’s strong position in the mobile device industry while at the same time becoming increasingly competitive with each other, this is referred to as ———————-.
66. As strategic commitments increase, rivalry within an industry ——————.
67. Which of the followings are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully? (Check all that apply.)
68. Which of the following are examples of demographic factors?
Sexual orientation
Gender
Age
69. Which of the following have helped increase the rate of convergence in the media industries? (Check all that apply.)
70. Which of the following helped Airbnb develop a successful business in the peer-to-peer rental space?
71. Which of the following are employed as nonmarket strategies to influence government bodies?
Public relations
Litigation
Lobbying
72. Which of the following are approaches for answering the question “How to Enter?” when a firm is considering entering an industry?
73. When companies seek ways to recharge car batteries in a sustainable way, it is an example of — factors creating business opportunities.
ecological
74. When buyers can credibly threaten to backwardly integrate into the industry, the power of buyers is —————-.
High
75. In order to influence changes in their political environment, firms pursue —————.
Nonmarket strategies
76. The ————– is a measure of the change in the amount of goods and services produced by a nation’s economy.
Economic growth rate
77. The NASDAQ peaked at its all-time high of 5,132 points on March 10,2000. Hundreds of dot-com businesses were founded and funded during this time, but very few survived. This example shows that ——————.
78. It might be a good idea to expand or upgrade a firm’s human capital base during a ————-, because unemployment is high and therefore human capital is abundant and wages usually —–.
79. The amount that savers are paid for use of their money and the amount that borrowers pay for that use is known as ————–.
80. Price ——— is the lack of change in price levels of goods and services.
81. Deflation is a serious threat to economic growth for which of the following reasons?
82. The ————— rate determines how many dollars one must pay for a unit of foreign currency.
83. In a period of economic boom, unemployment is —————, and human resource become expensive.
84. An increase in the overall price level is also called ————-.
85. The closer firms are on the strategic group map, the more —————- they are competing with each other. (Check all that apply.)
Directly
86. Which of the following are important sources of entry barriers? (Check all that apply.)
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BUS 475 Week 2 Chapter 4 Internal Analysis Resources, Capabilities, and Core Competencies Assignment
BUS 475 Week 2 Chapter 4 Internal Analysis Resources, Capabilities, and Core CompetenciesAssignment
1. The organizational and managerial skills necessary to orchestrate a diverse set of resources and deploy them strategically are called ————–.
2. ————— are the distinct and fine-grained business processes that enable firms to add incremental value by transforming inputs into goods and services.
3. What should a firm do in order to be organized to capture value? (Check all that apply.)
Have good coordinating systems
Have a good organizational structure
4. Which of the following is not considered an isolating mechanism?
5. An early decision in the development of a firm, such as where the firm is established, can eventually have a major influence on final outcomes. This effect is referred to as path dependence.
6. “Time compression is diseconomies” refers to the concept that —————.
7. Cowgirl Boots, inexpensive leather boots for women, are selling at record-high numbers. The CEO of the company, however, cannot figure out why. Was it caused by the company’s recent advertisement campaign or the newly reduced price of the boots or some other unknown factor? Based on this information, what concept describes the CEO’s confusion regarding Cowgirl Boots’ recent success?
8. The culture of Zappos is hard to imitate because it consists of numerous, diverse interactions among its employees, processes, procedures and norms, that create which of the following?
9. Which of the following are example of resource for a firm? (Check all that apply.)
10. According to the resource-based view, firms are a distinctive collective of resources, capabilities and competencies.
11. Which of the following is true according to the assumption of resource heterogeneity?
12. What does the concept of resource immobility imply? (Check all that apply.)
13. The ———- is a theoretical model that explains and predicts what resource attributes underpin competitive advantage.
14. A resource is considered ————– if it helps a firm to deal with an external threat.
15. What does the concept of resource heterogeneity imply?
16. A core competency can help a company achieve which of the following? (Check all that apply.)
17. The internal activities of a firm that for transforming inputs into outputs consists of primary activities, which add value directly, and support activities, which add value indirectly.
18. ———– activities add value directly by transforming inputs into outputs as the firm moves a product or service horizontally along the internal value chain.
19. Accounting and finance are ———– activities in a firm’s value chain
20. Which of the following are considered resources under the resource-based view of the firm?
(Check all that apply.)
21. Strategic fit ———- the likelihood that a firm is able to gain a competitive advantage.
increases
22. The resource-based view classifies all resources as —————.
23. Which of the following can help a firm extend its competitive advantage? (Check all that apply.)
24. ————— is a framework that allows managers to synthesize insights obtained from internal and external analysis
25. The ————- perspective is a model that emphasizes a firm’s ability to modify and leverage its resource base in a way that enables it to sustain competitive advantage in a constantly changing environment.
26. —————— describes firm’s ability to create, deploy, modify, reconfigure, upgrade or leverage its resources in its quest for competitive advantage.
27. In which of the following ways did Dr.Dre build the coolness factor of Beats headphones as a core competency? (Check all that apply.)
28. True or false: the value chain concept is applicable only to high-tech in rapidly changing environments.
False
29. The —————- describes the internal activities a firm engages in when transforming inputs into outputs.
30. A firm trying to compete with the leading firm in a competitive industry can try to negate the leading firm’s competitive advantage through which of the following? (Check all that apply.)
Direct imitation
31. In a highly competitive industry, what are likely consequences of a firm’s neglecting its current
32. The interaction of many individual systems in the operation of a company often leads to casual ambiguity because of ————-.
Social complexity
33. In which of the following ways did Apple stand to benefit from its 2014 acquisition of Dr. Dre’s Beats Electronics?
34. Strong resource flows ——— a firm’s resource stocks.
35. How are intangible resource stocks acquired?
36. ———— are the firm’s current level of intangible resources.
37. According to the VRIO framework, in order for a firm to gain a temporary competitive advantage, a resource must be at least both ————–.
38. What can cause an outflow of intangible resource stocks from a firm? (Check all that apply.)
Turnover of employees
39. In order to avoid making costly mistakes due to the potential shortcoming of the SWOT analysis, a manager should ———————.
40. One of the most popular tools by firms to evaluate their current situation and future prospects is the —————.
41. Capital, land, building and plants are example of ————– resources.
42. When strategizing about possible competitive advantages, a major advantage of the SWOT analysis is that it allows managers to simultaneously consider —————.
43. Dynamic capabilities are most relevant in ————.
44. In a firm’s resource valuable, rare, costly to imitate and the firm is organized to exploit it, this resource is a ——————
45. ——– has a greater chance of arising from intangible resources than from tangible resources.
46. Using the “resource-based view” helps firm ————–.
47. A firm’s culture, brand equity, and intellectual property are example of —————–.
48. ——————- manifest themselves in superior products or services.
49. While the ——– clarifies a firm’s core competencies, the ——— helps leaders understand how much competitive advantage arises from the firm’s unique activities.
50. Better expectations of future resource value ————– a firm’s competitive advantage.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 Discussion Internal and External Considerations
For an organization to be successful, its leaders must be fully aware of their environment. What are the primary internal and external organizational considerations for the development of a global strategic plan? In your opinion, which 3 considerations have the most impact and why?
Share your response in a minimum of 175 words.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 DQ 1
What is a SWOTT analysis? What is its purpose in strategic planning? Must you conduct a SWOTT analysis to have an effective strategic plan? Why or why not?
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 DQ 2
What are the key planning factors for competitive success? Provide an example of an organization that has achieved competitive success through planning. Provide an example of an organization that has failed to achieve competitive success as the result of failed planning.
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 Individual Assignment Business Model and Strategic Plan Part I: Conceptualizing a New Product or Service Division of an Existing Business (2 Papers)
This tutorial contains 2 Papers
Business Model and Strategic Planning Outline as a guide to complete sections of your capstone project each week. A final paper is due in Week 5. Cite your resources.
Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business’s vision, mission, and values, and determine your business model for this new division. Include the following:
- Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service.
- Describe how the division addresses customer needs and achieves competitive advantage.
- Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future.
- Explain how the vision, mission, and value of the new division align with the company’s mission and vision.
- Summarize how the vision, mission, and values guide the division’s strategic direction.
- Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment
BUS 475 BUS475 BUS/475 ENTIRE COURSE HELP – UNIVERSITY OF PHOENIX
BUS 475 Week 2 Knowledge Check
1. Compared with other approaches to business, the marketing concept is distinct in that it
2. A company provides its advertising agency with a statement about a new product to use in designing an advertising campaign, and this statement includes a description of the target market, the product type, the primary benefits of using the product, and how this product is different from, and better than, competitive products. What type of statement is this?
3. The sales analysis of a product revealed that profits were highest when it was initially introduced into the market with a high selling price. However, the price was gradually reduced as it started facing competition as substitutes entered the market. This is an example of a(n)
4. Blending the firm’s promotion efforts to convey a complete and consistent message is the goal of
5. According to the concept of social responsibility, a firm has a duty to
6. The principal participants in the financial markets are
7. You just purchased a parcel of land for $10,000. If you expect a 12% annual rate of return on your investment, how much will you sell the land for in 10 years? Note. Due to rounding and method of calculation, your answer might vary slightly. Choose the closest answer.
8. Bull Gator Industries is considering a new assembly line costing $6,000,000. The assembly line will be fully depreciated by the simplified straight line method over its 5-year depreciable life. Operating costs of the new machine are expected to be $1,100,000 per year. The existing assembly line has 5 years remaining before it will be fully depreciated and has a book value of $3,000,000. If sold today the company would receive $2,400,000 for the existing machine. Annual operating costs on the existing machine are $2,100,000 per year. Bull Gator is in the 46 percent marginal tax bracket and has a required rate of return of 12 percent. Calculate the net present value of replacing the existing machine. Note. Due to rounding and method of calculation, your answer might vary slightly. Choose the closest answer.
9. A strong stock market and reasonably good earnings have caused the price of the firm’s common stock to increase by 25%.
10. Buying and selling in more than one market to make a riskless profit is called
11. The United States imposes substantial taxes on cigarettes but not on loose tobacco. When the tax on cigarettes went into effect, the demand for home cigarette rolling machines most likely
12. Keynes believed that an increase in savings would
· raise aggregate demand by reducing investment
13. Which of the following monetary policies reduces aggregate demand and output?
14. Deficits may be desirable in the short run if they
15. If for a country, the quantity of its currency demanded exceeds the quantity supplied, then there is a
16. Suppose that college tuition is higher this year than last year and that more students are enrolled in college this year than last year. Based on this information, we can best conclude that
17. Economic efficiency is achieved at a particular output level if
18. A perfectly competitive firm will be profitable if price at the profit-maximizing quantity is above
19. How are goods manufactured in other countries creating jobs in the United States?
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BUS 475 Week 2 Practice Internal and External Considerations
Internal Analysis: Looking Inside the Firm of Honda Corp.
The strategic actions managers take link firm resources and capabilities. For example, investments in R&D labs (managerial actions) are one mechanism that links the resource (engineers) with the firm capability (product innovation). This activity is important because when multiple resources and capabilities are aligned on a single goal, the firm may have a core competency. For instance, Canon’s ability in optics originates not just in the capability of its design engineers, but also in its precision in manufacturing. When a firm’s core competency is at the heart of the product it sells, that product can be considered a core product. In the case of Canon, optics are at the heart of such products as cameras, camcorders, scanners, and projectors.
The goal of this activity is look closely at Honda, and differentiate the important relationships between its firm resources, managerial actions, firm capabilities, core competencies, and core products.
Read the case below and complete the activities that follow.
Since 1959 Honda has been the world’s largest motorcycle manufacturer. It is also the world’s largest manufacturer of internal combustion engines—the core of many of Honda’s products including sport boats, marine engines, off-road power sport vehicles (e.g., ATVs, snow mobiles), an extensive line of power equipment (e.g., lawn mowers, electric generators, snow blowers), and cars. Over time, Honda has maintained as its core ability a dedication to the engineering and ongoing innovation of these small, reliable, and powerful internal combustion engines.
While Honda invested much in developing and maintaining this competency, in 1960, its management made an important decision that later became central to the creativity and productivity of its engineers and designers. The research and development division separated from Honda Motor Company to form the independent company Honda R&D. This management decision helped facilitate a unique corporate culture built on excellence in innovation and engineering.
Honda R&D continues to build on this important tradition by focusing on the spread of new ideas through cultural and regional diversity; as such, the firm now has five R&D centers located outside of Japan in North America, South America, Europe, Asia, and China.
After reading the minicase on Honda, select the correct category for each of the items listed.
1. Engineers
2. Honda R&D is a separate company
3. Powerful and reliable small engines
4. Design and manufacture of small, reliable, and powerful internal combustion engines
5. Small engine innovation and engineering
6. Strong R&D culture
7. Sport boats, marine engines, ATVs, and power equipment
8. Scale manufacturing
9. R&D centers created worldwide
2.
Resources fall broadly into two categories: tangible and intangible. Tangible resources have physical attributes and are visible. Intangible resources have no physical attributes and thus are invisible. Examples of intangible resources are a firm’s culture, its knowledge, brand equity, and reputation. Which of the following is an example of an
3.
Core competencies derive from the combination of resources and
4.
Honda Motor Company used its competitive advantage in small engines for lawnmowers to ___________ in resources and capabilities to build automobiles.
Required information
Implications for the Strategist: Using SWOT Analysis to Gain Strategic Insight
When used effectively, a SWOT analysis can help the strategist deeply consider different strategic initiatives managers might take. The SWOT juxtaposes the firm’s internal Strengths (S) and Weaknesses (W) identified through a rigorous internal analysis, such as the application of the VRIO framework, with the external Opportunities (O) and Threats (T) identified through a comprehensive external analysis, such as the application of industry analysis. This activity demonstrates how internal (S/W) and external (O/T) concepts are appropriately captured in the SWOT and how strategic initiatives managers might take can be created from the juxtaposition of these internal and the external concepts.
Review the information found in section 4.5 of your text before completing this activity which addresses Learning Objective 4-9 on conducting a SWOT analysis to generate insights from external and internal analysis and derive strategic implications. It also incorporates understanding of a firm’s internal resources and capabilities (Learning Objective 4-1, 4-2 and 4-4).
Read the minicase on Beats Electronics and refer back to ChapterCase 4 to refresh your memory. Note that more SWOT items than are listed below are discussed in the case. This is a two-part activity. First, click and drag one of the four SWOT concepts to the appropriate SWOT box. Second, after assessing the juxtaposition of the internal and external concepts, click and drag the appropriate strategic initiative to the right location in the framework (one of the 4 boxes enclosed by the SWOT).
Minicase
Apple’s acquisition of Beats Electronics LLC for $3 billion is examined at the beginning and end of Chapter 4. From the discussion in the ChapterCase, we can create a SWOT analysis and use it to understand why Beats Electronics might have wanted Apple as a partner. The internal strengths and weaknesses for Beats Electronics as well as the environmental threats and opportunities are taken from the chapter. After completing the SWOT and placing the strategic alternatives, consider which strategic alternative you would have chosen.
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BUS 475 Week 2 Team Assignment Value Alignment (StarBucks)
Discuss with your Learning Team an existing organization with which you are familiar that is different than the one you used for the Conceptualizing a Business paper.
Write a 700- to 1,050-word paper in which you analyze the individual values and the organization’s values as reflected by the organization’s plans and actions. Include the following in your paper:
· Analyze the origin(s) and subsequent evolution of your personal and workplace values.
· Explain how your individual values drive your actions and behaviors, and analyze the alignment between your values and actions and behaviors.
· Analyze the degree of alignment between the organization’s stated values and the organization’s actual plans and actions.
· Explain the differences and analyze the degree of alignment between your values and the organization’s values as reflected by the organization’s plans and actions.
Format your paper consistent with APA guidelines.
Prepare to discuss this assignment with the class.
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BUS 475 Week 3 Discussion Market Trends
An organization’s business model depends on the key trends of the market. These trends vary depending on the industry.
Select an industry. What are the current trends and assumptions within that industry? Provide an example of a company that failed to follow market trends. How did it fail?
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BUS 475 Week 3 DQ 1
What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are examples of strategic objectives for you organization or one with which you are familiar?
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BUS 475 Week 3 DQ 2
What is the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are examples of this relationship?
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BUS 475 Week 3 Individual Assignment Business Model and Strategic Plan Part II: SWOTT Analysis Paper (2 Papers)
This tutorial contains 2 Papers
Conduct an internal and external environmental analysis, and a supply chain analysis for your proposed new division and its business model.
Create a SWOTT table summarizing your findings. Your environmental analysis should consider, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.
- External forces and trends considerations:
- Legal and regulatory
- Global
- Economic
- Technological
- Innovation
- Social
- Environmental
- Competitive analysis
- Internal forces and trends considerations:
- Strategy
- Structures
- Processes and systems
- Resources
- Goals
- Strategic capabilities
- Culture
- Technologies
- Innovations
- Intellectual property
- Leadership
Write a synopsis of no more than 1,050 words in which you analyze relevant forces and trends from the list above. Your analysis must include the following:
- Include economic and legal and regulatory forces and trends.
- Critique how well the organization adapts to change.
- Analyze and explain the supply chain of the new division of the existing business. Share your plans to develop and leverage core competencies and resources within the supply chain in an effort to make a positive impact on the business model and the various stakeholders.
- Identify issues and/or opportunities:
- Identify the major issues and/or opportunities that the company faces based on your analysis.
- Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.
- Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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BUS 475 Week 3 Practice Developing and Communicating Strategic Objectives
Required information
Economic Value Creation
This activity is important because it reviews the concept of economic value creation when measuring competitive advantage. The goal of the activity is to learn how economic value creation helps a firm measure competitive advantage. Familiarize yourself with the text material from economic value creation before completing this exercise.
Complete the activities that follow.
The bar chart shown here provides the following information: cost to produce a pizza, price charged to the customer for the pizza, and the maximum price the consumer would be willing to pay for the pizza. Match each question to its correct cost response by clicking on each question and dragging it to the correct drop space beside each cost.
2.
__________ denotes the dollar amount a consumer would attach to a good or service (that is, willingness to pay).
3.
Total costs include fixed and variable costs. ________________________ costs are independent of consumer demand, whereas __________________ costs change with the level of consumer demand.
4.
________costs capture the value of the _______ alternative use of the resources employed.
5.
Business-Level Strategy
Generic business strategies balance cost leadership and differentiation. This activity is important because these are two very different strategies—each with a scope of either focused or broad competition. One of the best methods for honing your understanding of these contrasting strategic positions is to consider some familiar firms and think through where they fit in the business-strategies framework. Each of the firms featured in this activity are discussed in greater detail in chapter 6 of your text.
This goal of this exercise is to identify which firms use which business-level strategies and how they apply in the generic business-strategies framework.
Southwest and Delta both compete in the airline industry, but they follow different business strategies. Delta’s transportation infrastructure is based upon a high-value hub-and-spoke system and offers upscale services to high mileage flyers. Southwest Airlines uses a point-to-point basic system for nationwide air transport. What generic business strategy is Southwest using?
6.
A strategic position is the firm’s profile based on value creation and cost. Effective managers will create a large gap between the ______________ and the cost required to produce it.
7.
The four generic business strategies are generated by comparing the strategic position with the scope of competition. Tesla, an electric car manufacturer, is presented in the text as fitting into which of these categories?
8.
Timex and Rolex both compete in the wristwatch market, but they follow different business strategies. Rolex creates a high-quality timepiece with unique features that last a lifetime. Timex efficiently produces a watch of acceptable quality. What generic business strategy is Rolex using?
9.
Blue Ocean Strategy
This exercise reviews the concept of combining business-level strategies, specifically cost leadership and differentiation, to create a blue ocean strategy. While an appealing position to obtain, the strategy has inherent difficulties that a firm must overcome. This activity reinforces the material in section 6.5 of your text and Learning Objective 6-5 on evaluating values and cost drivers that may allow a firm to pursue a blue ocean strategy. It also covers why it is difficult for firms to succeed with such a strategy (Learning Objective 6-6).
Read the minicase below and complete the activities that follow.
Minicase
The chapter focuses on IKEA to exemplify value innovation in the furniture retailing industry.
What might this same concept of balancing differentiation and low costs look like in the automotive industry? The number of automotive firms that use a highly differentiated business strategy is quite large and probably easy to distinguish. Brands such as Rolls-Royce, Porsche, and Land Rover all focus on providing value-added features for affluent individuals willing to pay more for the products they want.
Low-cost leaders are also pretty easy to identify. Brands such as Kia and Hyundai offer several models that many consumers consider of acceptable quality for the price.
When Chrysler and Daimler merged, the goal was to build a blue ocean strategy by leveraging the differentiation of Mercedes-Benz (Daimler’s brand) with the low-cost manufacturing experience of Chrysler. However, what resulted was a firm that found itself squarely “stuck in the middle” with a higher cost structure and reduced value added than either firm had prior to the merger. Daimler’s subsequent spin-off of Chrysler resulted in a loss of $3 billion.
In recent decades, Toyota would be considered a successful value innovator in the automotive industry. Toyota has been able to use lean manufacturing and other operational efficiencies to drive a lower cost structure than many of its competitors. At the same time, it has generally maintained a differentially superior reputation for reliable high-quality cars with a good set of features that many consumers will purchase.
Now apply these examples to the value and cost trade-offs depicted in the V–C chart, which is a synthesis of Exhibits 6.3 and 6.4 from the book. This figure shows positions of competitive advantage and disadvantage.
10
A value innovation strategy requires trade-offs between differentiation and low costs. These are two distinct business-level positions that often require very different internal value chain activities. An example of a low-cost activity that may not be appropriate for a differentiator is
11
A strategy canvas comparing JetBlue to the differentiated and low-cost airlines provides a visual depiction of some of the issues found in the JetBlue discussion throughout the chapter. Which three factors in the canvas (see Exhibit 6.11 in the text) most prominently show the key problems at JetBlue?
12
The text provides an example of a firm “stuck in the middle.” JCPenney attempted a change in strategic position under the leadership of CEO Ron Johnson (who was lured away from Apple retailing). Mr. Johnson was fired less than 18 months after his arrival at JCPenney due to a stark drop in sales after implementing some of his planned changes. What is a key lesson to be learned from this example?
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BUS 475 Week 3 Team Assignment Functional Area Interrelationships (Kudler Foods)
Select one organization of the Virtual Organizations from the student website.
Write a 1,400- to 2,100-word paper in which you complete the following:
· State the primary reasons for the organization’s existence from an analysis of the mission, vision, values, and goals.
· Analyze the reason for the type of organizational structure employed by the organization, and identify the key positions that support that organizational structure.
· Identify and explain the steps of the collaboration process among the functional areas that must be employed to achieve organizational goals, and prepare an action plan to implement the collaboration process.
· Identify and provide an example of the use of lateral collaboration and vertical collaboration within the organization, and prepare an action plan to use lateral and vertical collaboration.
Identify the key stakeholders and their roles needed to achieve the organizational goals, and recommend the collaborative interactions among the key stakeholders to facilitate the organization’s success.
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BUS 475 Week 4 chapter 12 Section 3, Business Ethics Assignment
- High – profit accounting scandals and the global financial crisis are example of —————–.
- True or false: Any action taken by a manager that is within the bounds of the is, by definition, an ethics action.
- Which of the following have been found to be ethics normal in business? (Check all that apply.)
- When facing an ethics dilemma, a manager should ————-. (Check all that apply.)
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BUS 475 Week 4 chapter 7 Business Strategy Innovation, Entrepreneurship, and Platforms Assignment
- Taking on an economic risk in order to innovate is known as ——————–.
- People who pursue entrepreneurship within an existing company are called————.
- Which of the following types of entrepreneurship involves leveraging innovation for competitive advantage?
- True or false: Industries often tend to follow a predictable industry life cycle.
- Which characteristics always change as the industry life cycle progresses? (Check all that apply.)
- A firm that successfully leverages network effects can————.
- During the growth stage of the industry life cycle, ——— increases rapidly.
- An agreed-upon solution about a common set of engineering features and design choice is known as a————–.
- During the shakeout stage of the industry life cycle, profits degrade for———–.
- In the ————- stage of the industry life cycle, a few number of large firms compete for a share of the market that has reached maximum size.
- Demand declines most rapidly in the ————- stage of the industry life cycle.
- Which of the following are strategic options in the stage of the industry life cycle? (Check all that apply.)
- It is challenging for firms “cross the chasm” because————.
- A signification between technology enthusiasts and adopters is that ——————–.
- Which of the following are characteristics of the early majority? (Check all that apply.)
- Which two customer segment make up the largest percentage of the market potential? (Check all that apply.)
- Most firms consider laggards to be ————–.
- An innovation that targets existing markets with new technologies, is called a(n) ————- innovation.
- Because it targeted a new market and used new technologies, the first mass-produced automobile is considered a(n)————– innovation.
- The invention of small desktop copiers to create a new consumer market using the same technology as large, stand-alone copiers is an example of a(n) ————- innovation.
- Netflix was able to attract subscribers and grow largely because ————-.
- The customer segment knows as the early majority tends to enter the market ————–.
- When a company introduces a new product or process or business model with the intent of gaining a competitive advantage, that company is engaging in —————-.
- Which the following allows a firms to redefine a market in its favor?
- Attempting to address social or ecological issue when building a for-profit business is known as ————–.
- During the introductory stage of the industry life cycle, innovators will likely devote most of their time, money, and effort to ————-.
- First –mover disadvantages can include which of the following? (Check all that apply.)
- When Apple launched the iPhone, it quickly became popular because many companies create apps that worked exclusively on the iPhone. Which of the following did Apple leverage to create a competitive advantage?
- During the growth stage of the industry life cycle, firms focus on process innovation in order to ————. (Check all that apply.)
- Establishing a solid strategic position that competitors cannot easily imitate is the key objective of a company in the ————— stage.
- During the shakeout stage of the industry life cycle, process innovation————-.
- True or false: The chasm separating the early adopters from the early majority is the largest.
- Which is the most common customer segment in the introductory stage of the industry life cycle?
- Place the S- curve development of most industries in order, with the first step at the top.
- In which stage of the industry life cycle does competition become more intense, forcing weaker firms out the industry?
- The most common type of innovation is ———— innovation.
- Which type of innovation uses new technologies to invade an existing market from the bottom up?
- Which of the following is a primary factor in avoiding creative destruction?
- Which of the following is an example of creative destruction?
- Which are the four steps of the innovation process?
- Which of the following is an example of invention?
- The ———- determines whether an invention can be patented.
- A patent holder typically has a ———-.
- The commercialization of an invention by entrepreneurs is called —————.
- The process by which word-processor manufacturer Wang L aboratories captured the market from typewriter manufacturers, and which explain how it was later replace by PC manufacture and mobile-phone companies, is known as ———-.
- A form of intellectual property that grants an inventor a temporary monopoly on a new product or process in exchange for disclosing the details of how the product or process is made is called a(n) ———–.
- Match the type of innovation (on the left) with an example (on the right)
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BUS 475 Week 4 chapter 8 Corporate Strategy Vertical Integration and Diversification Assignment
- A firm that is active in several different countries is pursuing a(n) —————-diversification strategy.
- To figure out if a firm’s type of diversification is ————-, one can ask question about the degree to which the corporation’s business units share core competencies.
- True or false: A major reason why a firm may choose a related diversification strategy is to take advantage of both economies of scale and scope.
- In the ————– quadrant of the core competence—market matrix, a film combines existing core competencies with existing markets.
- A(n) ———- is a situation in which the stock price of a highly diversified firms is valued as less than the sum of their individual business units..
- The Boston Consulting Group growth—share matrix locates a firm’s individual SBU in which of the following dimensions? (Check all that apply.)
- In the ————- quadrant of the core competence—market matrix, the focus is on leveraging current core competencies to improve current market position.
- What are the four quadrants of the core competence—market matrix? (Check all that apply.)
- When engaging in short—term contracting, a firm sends out to potential companies which initiate competitive bidding for contracts to be awarded with a short during.
- Which of the following are types of strategic alliances? (Check all that apply.)
- Long—term contracts typically last ———-.
- Long—term contracts include which of the following forms? (Check all that apply.)
- ————- are partnerships in which at least one partner takes ownership in the other partner.
- Kava Botanicals, a boutique retailer that high—end makeup and accessories, is owned by two makeup manufacturers. Kava Botanicals is an example of which type of strategic alliance?
- The forms of specialized assets include which of the following? (Check all that apply.).
- Which of the following are the four underlying strategic management concepts that detetrmine the scope of a firm? (Check all that apply.)
- Which of the following is the best option to take if you are the buyer and facing information asymmetry?
- The two alternatives to vertical integration are which of the following? (Select all that apply.)
- A state university hires an outside firm to develop and maintain their human resource system. This is called ——————-.
- ———– refers to an increase in the variety of products and services a firm offers or markets and the geographic regions in which it compete.
- Which of the following are alternatives on the make—or—continuum? (Check all that apply.)
- Which of the following are among the reasons firms need to grow? (Check all that apply.)
- Which of the following are type vertical integration along the industry value chaine? (Check all that apply.)
- Specialized assets have ————..
- When a business answers the question of where to complete, it is determing————–.
- One way to overcome the principle—agent problem is to ————-.
- ————— is a situation in which one party has more knowledge than another due to the possession of private knowledge.
- Each stage of the vertical value chain represents a distinct ————— in which a number of different firms are competing.
- Stage four and five of the industry value chain involve ——————. (Check all that apply.)
- Olivia’s, an olive oil company, grows and harvests olives, makes olive oil , and distributes its olive oil to its retail shop. Olivia’s is an example of ——————.
- Advantages of vertical integration include which of the following? (Check all that apply.)
- What are the risks of vertical integration? (Check all that apply.)
- ————- is a way of orchestrating value activities in which a firm is backwardly or forwardly integrates and relies on outside—market firma for supplies or distribution.
- Taper integration allows firms to ————-. (Check all that apply.)
- In a fully vertically integrated organization, —————-.
- The risks of vehicle integrate are increased costs, reduced quality, reduced flexibility, and —————-.
- Transaction cost include ————— costs associated with an economical exchange.
- When a firm is more efficient in organizing economic activity than markets are, the firm should —————–.
- What are advantage of organizing economic activity inside of a firm? (Check all that apply.)
- Disadvantages of organizing economic activity in the open market include all of the following except ————.
- Why did Coca-Cola enter into a strategic alliance with Monster?
- Wheels on the Go! Is a company that manufactures tires for semitrucks. The company is entirely owned by North American Haulers, a large company in the semitruck industry. The two companies have formed a(n) —————–.
- Google’s choice to hire programmers in—house suggest that they decided that the —————–
Costs associated with this strategy are—————- than the costs associated with contracting in the open market.
- ————- are perhaps the major drawback of transacting in markets.
- What type of arrangement did Coca—Cola form with Monster in 2014?
- Advantage of organizing economic activity at the market level include which of the following?
- Which types of diversification tend to have the lowest performance? (Check all that apply.)
- In order to assess whether ———-is working, managers can ask if the individual businesses are worth more under the firm’s management or if they are worth more under individual management.
- According to the Boston Consulting Group matrix, cash cows are SBUs that do which of the following?
- What are the costs associated with related—diversification strategies? (Check all that apply.)
- In the Boston Consulting Group matrix, ————-hold the small market share in low-growth market.
- In general, related diversification leads to high level of performance because —————-.
- Corporate strategy needs to be dynamic over time in order to ———-. (Check all that apply,)
- In general, related diversification leads to high levels of performance because ——————.
- What are the three dimensions along which executives formulate corporate strategy?
- “Which national markets should the firm compete in ?” is an example of a —————– level strategic question
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BUS 475 Week 4 Discussion Components and Considerations of a Strategic Plan
Companies use strategic plans as a course of action for success. What do you consider to be the most and least important factors to consider when implementing a strategic plan? What ethical considerations should you include in the strategic plan? Why?