P&G should identify the best alternative and develop a new plan in order to achieve their mission: provide branded products and services of superior quality and value that improve the lives of the world’s consumers for now and next generation. 2.0 Enumerate the Decision Factors Two sets of decision factors must be enumerated in the decision-making process: alternative courses of action and uncertainties in the competitive environment. Alternative courses of action are controllable decision factors
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due to the fact that most empirical studies are completed on the failures rather than the successes. Groupthink can be defined as: The psychological group dynamic in which “the norm for consensus overrides the realistic appraisal of alternative courses of action” that may lead to a poor result or decision. (Robbins & Judge‚ 2011) During groupthink‚ as defined‚ members of the group avoid promoting viewpoints outside the comfort zone of consensus thinking. A variety of motives for this may
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A HEALTHY DOSE OF SUCCESS Question: How will you define the business of SLL? Comment on the business plan of SLL and state your opinion on the likelihood of its business. Answer: Muhammad Majeed‚ who is an owner of Sami Labs Ltd. (SLL) and Sabinsa Corporation. SLL is a manufacturer of specialized products based on Indian herbal extracts relying on the principal of ayurveda. Normally Indian companies export raw herbs but SLL emphasis on value addition through extraction. The export price of extracted
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1. Why do Companies such as Procter & Gamble target emerging markets? Do you agree with this strategy? Big companies such as Procter & Gamble target emerging markets because they are determined to grow. Their strategy is to capture as much customers as they can. Procter & Gamble had a goal of reaching a billion more consumers by penetrating the emerging markets with the most population and development such as India and China. By doing this‚ they are creating a profitable future‚ and it worked since
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The Business Problem P&G faced problems managing the vast amounts of paper required for a company that develops drugs and over-the-counter (OTC) medications. Regulatory issues‚ research and development (R&D)‚ and potential litigation generate even more paper documents and files. As a result‚ P&G wanted to gain control of its company documents‚ reduce administrative oversight of its paper documents‚ reduce costs‚ accelerate R&D initiatives‚ and improve tracking and signature compliance. P&G decided
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Issues and Alternatives of Foamtec The Profit loss‚ in term of the pharmaceutical industry‚ in foam production sector According to the figure in the case study‚ which is provided‚ we can see that the annual sales for foam production‚ in year 2006 and 2007‚ will get a negative result. Our prediction‚ with this issue‚ is that the company cannot sell out much of bulk foams to other industries. Also‚ considering the market share of the company‚ in the pharmaceutical sector‚ the share of 40% profit margin
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Proctor and Gamble (DRAFT) Case Discussion Questions What strategy was Proctor and Gamble pursuing when it first entered foreign markets in the period up until the 1980’s? • In 1915 opened a plant in Canada to produce Ivory Soap and Crisco • In the 1970’s P&G entered Japan and other Asian Nations. • Strategy- P&G entered a nation by acquiring an established competitor and its brands. i.e. case of Great Britain and Japan. • Strategy- the Company developed new products in Cincinnati and then
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TECSMART ELECTRONICS Identify the problem: Formulate objectives: Design alternative courses of action: Analysis of the ACA: a. advantages b. drawbacks Conclusion: Recommendation: Case 2. CAN SIX SIGMA WORK IN HEALTH CARE? Identify the problem: New culturein the hospital Formulate objectives: · To be able to make it easy to employees and all staffs the new framework to be used. · Design alternative courses of action: Analysis of the ACA: a. advantages b. drawbacks Conclusion: Recommendation:
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replaced two-thirds of the company’s senior management team and trimmed 3‚700 jobs‚ more than 10% of the company’s work force. Employees of the century-old company thought they had seen the shake-up of all shake-ups. Just wait until they see what Procter & Gamble Co. could have in store. In announcing the $52.4 billion takeover of Gillette‚ P&G’s CEO‚ A.G. Lafley‚ said he planned to "learn a lot from the people at Gillette" and talked about ways the companies could combine Cincinnati-based P&G’s knowledge
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Founded in 1837‚ Procter & Gamble is the #1 U.S. makers of household products and a recognized leader in the development‚ manufacturing‚ and marketing of a broad range of products including Crest toothpaste‚ Tide laundry detergent‚ Ivory soap‚ Pampers diapers‚ and Dawn liquid detergent. Procter & Gamble has operations in over 70 countries and employs over 100‚000 people worldwide and markets to nearly five billion customers in over 140 countries. Procter & Gamble’s purpose or mission statement
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