Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Controls must be there, no matter what type of firm it is, Google is all about creativity but it has limits set …
Is EVA an improvement over ROI, ROE, or EPS? Economic value added (EVA) is being increasingly recommended as an improvement over traditional measures because of EVA’s strong relationship to a company’s stock price, It uses stock price to measure the …
Understanding of National Cultures Why is an understanding of national cultures important in strategic management? Strategic management is the planning process through which company leaders formulate strategies in order to accomplish the mission and objectives of a company. (Kokemuller, N.). …
Why is an understanding of national cultures important in strategic management? Read more »
When should someone from outside a company be hired to manage the company or one of its business units? Hiring from outside a company can be threatening to current employees. However, when an organization has exhausted all ideas of current …
How should a corporation attempt to achieve synergy among functions and business units? We believe that synergy can provide a big boost to the bottom line of most large companies. The challenge is to separate the real opportunities from …
How should a corporation attempt to achieve synergy among functions and business units? Read more »
Discuss in detail why penetrating pricing is more likely than skim pricing to raise a company’s or a business unit’s operating profit in the long run? Skimming Pricing is the strategy of establishing a high initial price for a product …
How might a firm’s management decide whether it should continue to invest in current known technology or in new, but untested technology? What factors might encourage or discourage such a shift? The management may want to see if they current …
How can a corporation’s structure and culture be internal strengths or weaknesses? Explain in detail and provide an example of each. A company structure can be strength for the company if it works. Having the right structure at different stage …
How can a corporation’s structure and culture be internal strengths or weaknesses? Read more »
Discuss how a development in a corporation’s natural and societal environments can affect the corporation through its task environment. Corporation’s natural environment include its physical resources, climate in which it operates and wildlife. Societal environment includes social systems that Influence …
Does a company have to act selflessly to be considered socially responsible? For example, when building a new plant, a corporation voluntarily invested in additional equipment that enabled it to reduce its pollution emissions beyond any current laws. Knowing that …
Does a company have to act selflessly to be considered socially responsible? Read more »