CORE COMPETENCIES AND FUNCTIONAL STRATEGIES Core competencies are organizational strengths or abilities‚ developed over a long period of time‚ that customers find valuable and competitors find difficult or even impossible to copy. Honda‚ for example‚ is recog¬nized for having core competencies in the engineering and manufacture of small gas- powered engines. Those core competencies have helped Honda conquer numerous mar¬kets‚ including the markets for motorcycles‚ cars‚ lawnmowers‚ jet skis‚ and
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Core Values The core values of the Royal Logistic Corp are Selfless Commitment‚ Respect for Others‚ Loyalty‚ Integrity‚ Discipline‚ and Courage which are broken down to the acronym SOLID C. These are the basic values that soldiers in the Royal Logistic Corp are expected to up hold. Since the British Army has been deployed in Iraq and Afghanistan there are numerous examples of these being upheld but it is important for these to be upheld when soldiers are not on Operations. Selfless commitment
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Case Study: Alcoa’s Core Values in Practice BUS250: Corporate & Social Responsibility (ABU141 April 14‚ 2014 The Aluminum Company of America (Alcoa) began its company in 1888 under the name of the Pittsburg Reduction Company. In 1907‚ they changed their name to Alcoa and from its inception they had a very strong value based culture. In the very beginning of their work all employers learned everything they made and did had to be aligned with the company’s
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Lecture 1: Microeconomics and Biz Strategy References: Pindyck&Rubinfeld. Chap.1 What are the firm’s important functions and strategies ? 1. Selling need to know consumers purchasing behavior for example‚ what if the price increases: price elasticity of demand marketing/product positioning strategies Topics 3-5 lectures 2. Production Supply function/producers output decision how to produce? Firms output decision: Short run vs LR For example‚ should the firm continue producing
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2010 Haiti Earthquake - Case Study Location A 7.0 magnitude earthquake strikes Haiti on Tuesday‚ 12th of January 2010 at 16.53 local time (21.53 GMT). The earthquake occurred in Port-au-Prince‚ the capital city of Haiti. The focus of the earthquake was 13 km below the surface of the earth. Causes The earthquake was caused by the North American Plate sliding past the Caribbean Plate at a conservative plate margin. Both plates moved in the same direction‚ but on plate moves
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Core values and beliefs: Coca-Cola has the most valuable brand name in the world‚ and as one of the most visible companies worldwide. The culture of it is defined by the seven core values: leadership‚ the courage to shape a better future; passion‚ Committed in heart and mind; Leverage collective genius; integrity‚ be real; collaboration‚ diversity‚ as inclusive as our brands; quality‚ what we do‚ we do well; and accountability. The central promise is to refresh the world in mind‚ body‚ and spirit
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Strengths: Whole Foods Market has managed to build a strong brand reputation and has achieved having unique products in their stores. They’ve mastered the ability to offer high quality organic food and carry a variety of products‚ which most organic markets are not able to achieve. Furthermore‚ when visiting their stores customers are welcomed into a positive employee environment (Whole Foods SWOT‚ n.d.). Weaknesses: Organic food is high priced and that causes a limitation in consumers. This only
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History Whole Foods is recognized as one of the nation’s healthiest retail grocery stores. Whole Foods is devoted to seeking out the finest natural and organic foods available‚ maintaining strict quality standards‚ eating healthy‚ and being committed to the sustainability of the entire ecosystem (Whole Foods). The company was founded in Austin‚ Texas in September 1980 when Safer Way Natural Foods merged with Clarksville Natural Grocery (Whole Foods). Starting in 1984 Whole Foods began its process
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Social Responsibility of Whole Foods Market Student X University of the People BUS 3306 Introduction Today‚ corporate social responsibility is becoming more and more important. Many companies are looking to put in place a management system that care about ecology. In this perspective we will talk about a company that has set itself the mission of being green. We will see how they proceed to achieve their goals and how they could improve them. Choose one of the companies
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Assess the value to small businesses of carrying out marketing audits. Illustrate your arguments with reference to an existing small business of your choice In this essay I will be assessing the value of Market auditing for small businesses using the firm Abel and Cole as a model. Market auditing is the means by which a company can understand how it correlates to the environment in which it operates. It is a way by which a company can identity its own pros and cons as they relate to external
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