CPA Program – professional level Global Strategy and Leadership Key Concepts and Models Workshop Semester 2 2012 Author: Delyth Samuel Published by Deakin University on behalf of CPA Australia Ltd‚ ABN 64 008 392 452 © CPA Australia Ltd 2012 The contents and any information contained in this document (Information) are for general information only. They are not intended as professional advice. For any professional advice‚ please consult a suitable qualified professional. CPA
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MODULE 1 AN INTRODUCTION TO STRATEGY & LEADERSHIP 1.7 – 1.14 What are the ways strategies can be developed? Approaches to understanding strategy: ❖ Rational - based on a model in which the conception and execution of strategy are treated as discrete‚ sequential activities. Chandler (1962) defined strategies as a straightforward process made up of two chronological activities. The following steps are typical of the method employed in this approach: 1. The establishment
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Competitive Strategies Following on from his work analysing the competitive forces in an industry‚ Michael Porter suggested four "generic" business strategies that could be adopted in order to gain competitive advantage. The four strategies relate to the extent to which the scope of a businesses’ activities are narrow versus broad and the extent to which a business seeks to differentiate its products. The four strategies are summarised in the figure below: The differentiation and cost leadership strategies
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How to Become a McDonald’s Franchisee McDonald’s is the biggest fast-food chain in the world that it boasts more than 30‚000 restaurants in 119 countries. With this unrivaled popularity‚ entrepreneurs who will franchise on McDonald’s will most likely succeed in the business; meanwhile this is how to start McDonald’s franchising. For those who want to franchise from McDonald’s‚ they can visit its companywebsite to know about the opportunities available to them are. Meanwhile‚ the corporation allows
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Introduction – Air Asia Berhad Air Asia is a Malaysia Low Cost Carrier Airline Company which was founded in 2001 by Tony Fernandes. It was the first successful and is one of the largest low cost airlines in Southeast Asia. Also‚ it has become Malaysia first international low cost carrier. Air Asia Company’s simple philosophy ‘Now Everyone Can Fly’ has successfully positioned itself in customers’ mind where majority of the customer would choose Air Asia as their choice of transport. In add‚ Air Asia succeed
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walmart’s cost leadership/Broad market strategy WALMART’S STRATEGY Basis for Customer Value lowest cost Broad Market Target Market Who: Determining the customers to serve 1.Wal- Mart ensures that it positions itself strategically in the market by offering products that meet the needs of all the population segments. 2.Wal- Mart’s target marketing has been based on the fact that different age groups’ demands are catered for sufficiently What: Determining which customer needs to satisfy •before
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Low-Cost Leadership and Differentiation Strategies Laura Allard November 21‚ 2010 William Hogan Management Cases Upper Iowa University Abstract This paper discusses Low-Cost Leadership and Differentiation business strategies. The paper explains what each strategy is and how they can be applied‚ utilized and maximized as strategies for a company. Suggestion of methods to implement and the strategies are discussed‚ including when the strategies work best. Low-Cost and Differentiation
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Air Jordan Air Jordan Nick Johnson Introduction to Marketing Marketing is extremely important when it comes to a product or service. If a business markets their product in the right manner‚ their business will skyrocket in yearly turnovers‚ making the business wealthy. If a business is able to do this‚ they may transform from a small‚ one location business‚ to a multi-nation franchise that is well known by the majority of retail shoppers. There are four separate categories
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Assignment 2: Case Study: Calgary Oil Shale Technologies‚ Inc. (COST) 1.0 Introduction: the back ground of the COST‚ Inc. The Calgary Oil Shale Technologies‚ Inc. (COST)‚ which is a subsidiary company of an international oilfield services company. The subsidiary company aims to supplying the technology and managing the data which is to optimize the recovery of the oil from oil shale formation in Alberta‚ Colorado‚ and Utah. COST Company could distinguish oil-bearing rock layers which could help
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Case Study 3 SOUNDBUZZ’S MUSIC STRATEGY FOR ASIA PACIFIC Q1 : Analyze Soundbuzz and its business strategy using the competitive forces models. What strategies did it develop for dealing with competitive forces? There are four concepts of the competitive forces models: new market entrants‚ substitute products and services‚ suppliers‚ and customers. In terms of customers‚ Soundbuzz were really well responded to situation that they faced. When they launched B2C model‚ they found that because
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