ISCA PROFESSIONAL EXAMINATION PILOT PAPER (NOVEMBER 2013) CORPORATE AND BUSINESS STRATEGY (CBS) SUGGESTED SOLUTIONS ISCA PROFESSIONAL EXAMINATION 2013 Term 2 Corporate and Business Strategy – Pilot Paper for Nov 2013 ISCA PROFESSIONAL EXAMINATION CORPORATE AND BUSINESS STRATEGY (CBS) 15 NOV 2013 SUGGESTED SOLUTIONS I. True or False questions (Q1 to Q10) (Total: 10 marks) 1. (F) High volume/low cost different from upward differentiation. 2. (F) Also depends on settling operations
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An investigation of Dell and Hewlett Packard’s business models: How is competitive advantage created? Introduction: Dell and Hewlett Packard (HP) are two of the most influential companies in the PC market. The CEO of HP requires an understanding of how dells strategy allows it to achieve a competitive advantage so that he/she can counteract it. This report has been carried out to provide the CEO with the necessary information to do this. Therefore the objective of the report is to provide the CEO
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as an administrative function and ignore the need and opportunity to align it with its strategic plans. The irony with HR being left out of strategy planning is that by its nature‚ HR is about people‚ which is the core of an organization and its strategic plan. It is hard to measure HR success and thus it is considered “soft” and not important in the strategy development. In contrast to the HR administrative function‚ strategic HR practices are more contemporary concepts. A definition of strategic
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Executive summary 3 BPM and Strategy 4 Problem Analysis 7 Proposed Solution 10 Solution Considerations 16 Recommendation 17 Appendix 18 Bibliography 19 Executive summary Purpose The purpose of this report is to examine the current situation of Omnicrons Pty Ltd Company and attempt to identify problems which result in declining sales and reduced profits since 2008. Methodology Research for this report is based on current literature about business process management and relevant
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to define a strategic model to which all companies conform. He maintained that failing to fit into one of his pre-defined categories “the firm stuck in the middle is almost guaranteed low profitability.” (Porter‚ 1980). The pre-defined categories are noted in appendix 1. Apple Inc. falls under a differentiation strategy‚ “Differentiation is the ability of the firm to provide unique and superior value to the buyer in terms of product quality‚ special features‚ or after-sale services” (Porter 1990
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CASE STUDY Costco Wholesale Corp.: Mission‚ Business Model‚ and Strategy In 2008‚ Costco’s sales totaled almost $71 billion at 544 warehouses in 40 states‚ Puerto Rico‚ Canada‚ the United Kingdom‚ Taiwan‚ Japan‚ Korea‚ and Mexico. More than 50 of Costco’s warehouses generated sales exceeding $200 million annually and 2 stores had sales exceeding $300 million. Sales per store averaged $130 million annually‚ about 75 percent more than the $75 million per store average at Sam’s Club‚ Costco’s
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EVALUATING BUSINESS STRATEGY* Richard P. Rumelt November 28‚ 1993 trategy can neither be formulated nor adjusted to changing circumstances without a process of strategy evaluation. Whether performed by an individual or as part of an organizational review procedure‚ strategy evaluation forms an essential step in the process of guiding an enterprise. For many executives strategy evaluation is simply an appraisal of how well a business performs. Has it grown? Is the profit rate normal or better
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I believe that all business owners want their business to become as big and as great as it could possibly be. I believe that even small bread and breakfast owners want their hotel to become much larger but because of starting working capital they needed to start at the smaller hotel size while they work on ways to make it larger. I think the growth strategy for a bread and breakfast is to go public. The investors and law firm selling their business to share holders means the bread and breakfast will
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Management Chapter 6 Structure: Levels of strategy: Superior performance Competitive advantages Corporate strategy---what business/industry Business strategy—how to compete Functional strategy---execute to support Business strategic goals by @ all department 1. Superior performance: the ability to generate high profitability and increase profits over time High profitability Superior performance Requires eg. Specific strategy‚ Technology‚ capabilities etc Growth in profits
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9.0 Entry Strategy 9.1 Introduction Entry strategy is about the decision to enter which foreign market‚ when in what scale and regarding the choice of entry mode. In our case we have already decided to enter the UK market and offer our products to a selected niche initially. It is the case of entry mode we should address in this chapter. The various modes to enter foreign markets are vast. A few popular methods are‚ exporting‚ licensing or franchising to host country firms‚ establishing
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