Preview

Strategic Management and Competitive Advantage

Good Essays
Open Document
Open Document
736 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management and Competitive Advantage
al but professional management. develop a strong culture and successful strategy b Explain a minimum of four potential benefits that Alphabet Games could enjoy as a result of an effective business strategy.
Benefits could include: rapid growth increased profits increased share price greater employment opportunities improved promotion prospects higher sales increased customer base more managerial opportunity a Discuss two examples of why Alphabet Games must consider forces for change when managing its business strategy and two examples of forces for change when updating its business strategy.HN Assessment Exemplar/F7J7 35/AEX001 V1.0
Business Culture and Strategy May 2011
Possible issues include: being clear about the direction of the company — initial focus upon gaming not deviating from the direction — games are the primary focus as they broaden their portfolio make sure that all staff are aware of the strategy consistency between management and staff — informal but professional management. develop a strong culture and successful strategy b Explain a minimum of four potential benefits that Alphabet Games could enjoy as a result of an effective business strategy.
Benefits could include: rapid growth increased profits increased share price greater employment opportunities improved promotion prospects higher sales2.4.1 Market/Industry Knowledge
Some market/industry knowledge is necessary to AG managers. By environmental research, we could clearly know the trends of market and the need of consumers. And by investigating the consumers, AG Company will realize the game worlds must react in a realistic manner and expectations of appearance, movement and behavior has raised the bar in terms of graphic believability and authenticity.
When the managers have collected this information from consumers, AG Company would make the right decisions for the future development. They would focus on the new technique research and

You May Also Find These Documents Helpful

  • Good Essays

    Strategic Management

    • 1245 Words
    • 5 Pages

    Holloway Boulevard North Kellyville Specification North Kellyville Specification SITE NEEDS (Based on a standard residential block) ● Site costs, up to 1m of fall ● All piering, up to 1 of fall, 'H ' class site ● Service Connection - Power, Phone, Water, Sewer, Gas & Stormwater CONCRETE SLAB Engineer designed concrete slab to suit 'H ' classification soil Engineer designed concrete slab to Porch / Patio HYNE T2 Blue Termite Resistant Framing TERMITE TREATMENT RENTOKIL Trithor termite protection to pipe penetrations and perimeter cavity with 50 year warranty and $500,000 insurance cover FRAME Afresco including concrete slab, brick piers and roof over 450mm Eaves to Roof Line 90mm external and internal stud frames to ground and first floor Nominal 2450mm high ceilings to the ground floor & first floor 300mm engineered joist system BRICKS Selection of bricks from PGH, Austral and Boral Value Range. Laid in off white or grey mortar with a choice of raked, ironed or flush joint finishes. Allowance has been made for Moroka feature colour finishes to brickwork in standard house price. WINDOWS STEGBAR Aluminium windows and sliding doors in manufacturers standard colour range including security keyed windows & door locks with obscure glass to bathrooms, ensuite & powder room. Nylon Mesh Flyscreens to all opening windows, sliding & stacker doors (excluding hinged doors) ROOFING CSR MONIER Concrete Roof Tiles in Elebana profile Sarking to the underside of roofing FASCIA & GUTTER Colorbond Fascia & Gutter with painted PVC Downpipes. INSULATION CSR BRADFORD R1.5 batts to external walls (excluding wall between garage and house) CSR BRADFORD R3.0 batts to ceilings with roof over (excluding ceilings over garage, porch, alfresco & balcony) FRONT DOOR CORINTHIAN Madison PMAD101, PMAD 104, PMAD 111 or PMAD 04 entrance doors (with clear glass) in paint finish to all facades. CORINTHIAN full clear glazed laundry entrance door in painted finish where applicable. Sidelights where…

    • 1245 Words
    • 5 Pages
    Good Essays
  • Better Essays

    The mental health profession has made impressive strides in the diagnosis of various mental illnesses. The present situation contrasts sharply with the state of the profession in the past when practitioners were stunned by illnesses that they could not diagnose. In his book, Look me in the eyes, John Elder Robinson provides insights into the struggles endured by those ailing from Asperger’s syndrome. He details his experiences with this condition while giving focus to his inability to properly interact with others and respond properly to various situations (Robison, 2008). The book also highlights the failure of the mental health profession to deliver appropriate…

    • 1675 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Sociologists explained the process of socialisation in many different ways – they have looked at all factors which could occur in such process.…

    • 863 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    S & W are internal factors which can influence an organization’s ability to satisfy its target markets.…

    • 795 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    | |Less burden/less risk financially and on all employees (stress) |Able to compete in luxury market |…

    • 1047 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    Strategic Management

    • 2510 Words
    • 11 Pages

    1. Determine the impact of the company’s mission, vision, and primary stakeholders on its overall success.…

    • 2510 Words
    • 11 Pages
    Best Essays
  • Good Essays

    H R M N 3 9 5 6 3 8 0 T H E T O TA L R E WA R D S A P P R O A C H T O…

    • 838 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    1. Compare and contrast the characteristics of the operational, managerial, and executive levels of an organization.…

    • 1259 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Red Hat uses both the industrial organization (I/O) model and the resource-based models in order to earn above-average returns. The I/O model focuses on the outside of the organization and the resource-based model focuses on the inside. On the outside, the I/O model, Red Hat concerns themselves with their competition and what products and services they are offering. Some of their most known competitors are IBM,…

    • 1390 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    The Home Depot is a favorite store of mine. I frequently visit the same location for tools, cleaning supplies, and just to see the latest products available. The Home Depot was incorporated in 1978 and the first two locations were opened up in Atlanta, Georgia. “The Home Depot is the world’s largest home improvement retailer based on net sales for the fiscal year ending January 29, 2012” (Securities Exchange Commission, 2012). The Home Depot stores sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services.” In the annual report to the Securities Exchange Commission (2012) The Home Depot explains that “stores are located within the U.S.A, but locations can also be found in Canada, China and Mexico. The Home Depot also maintains that they are always searching for ways to upgrade their technology for company and customer ease and accessibility.”…

    • 801 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Strategic Management

    • 5703 Words
    • 23 Pages

    Management and leadership, these two terms are often used interchangeably; management is more usually viewed as getting things done through other people in order to achieve organizational goals. The managers may react to specific situations and more concerned with short term problem solving. Management is regarded as related to people working in a structured organization and with prescribed roles. The emphasis of leadership is on interpersonal behaviour in a broader sense. Belbin (1997, p 98) suggests that, “there is a clear implication that leadership is not part of the job but quality that can be brought to a job … The…

    • 5703 Words
    • 23 Pages
    Powerful Essays
  • Satisfactory Essays

    Strategic Management

    • 402 Words
    • 2 Pages

    The "boiled frog" phenomenon is a business metaphor that basically describes that if a frog is put in a pot of hot or boiling water, it will naturally try to jump out. However, if the frog is placed in a pot of cold water and the heat is slowly turned up to a boiling point, the frog will not only stay in the pot but it will gradually become unconscious to where when the water gets hot enough, the frog will actually allow itself to be boiled to death (Thinking Made Easy, 2008).…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Providing new jobs, both during and after work, specialized training for employees, developing team spirit of entrepreneurship.…

    • 488 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    strategic management

    • 346 Words
    • 2 Pages

    threat in the five forces model. Do you think the model should be expanded to…

    • 346 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Agro Business Plan

    • 3783 Words
    • 16 Pages

    Our farms of FarmX will predominantly be located in the rural areas around our country but targeting both National and International customers. However, we will have a number of strength, weaknesses, opportunities, Threats in the way of our business. So, it’s important to determine such things and analyze our whole business process. A proper marketing plan is significantly necessary for customer orientation and marketing process. Although building up a corporate reputation in the agro industry is mandatory to set up such agro business.…

    • 3783 Words
    • 16 Pages
    Powerful Essays