Q1. Define Strategy. Explain the process of Strategic Management. (10) Johnson and Scholes (Exploring Corporate Strategy) define strategy as follows: "Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfill stakeholder expectations". Strategy is an action that managers take to attain one or more
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Amazon: From Book Seller to Service Provider 1. Amazon’s strategy is to maintain its role as an online retailer while diversifying its product and service line.[1] While many people still see Amazon only as an online book retailer‚ this is no longer true. Amazon is now best described as a technology retailer. Capitalizing on its large and reliable Internet infrastructure‚ Amazon Web Services now include the following: Simple Storage Service (S3)‚ Elastic Compute Cloud (EC2)‚ SimpleDB‚ CloudFront
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1st of February 2013 Business organization and management Business size Small business: e.g. Independent service-station‚ restaurant Medium business: e.g. coffee club‚ nando’s Large business: Maccas‚ red rooster‚ kfc Economies of scale; this term refers to the lower costs per unit of output as a result of operating on a larger scale. Question 1. What is meant by economies of scale? Provide 3 examples of typical economies of scale enjoyed by large organizations: a) Coles (big
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CBMS4303 MANAGEMENT INFORMATION SYSTEM Maryati Mohd Yusoff Mohd Zakree Ahmad Hafiz Mohd Sarim Norhayati Mohd Ali Nurhizam Safie Mohd Satar Salina Ismail Muhammad Shakirin Shaari Mohamed Ali Saip Nassiriah bt Shaari Project Directors: Prof Dr Mansor Fadzil Prof Dr Mohammed Yusoff Open University Malaysia Module Writers: Maryati Mohd Yusoff Mohd Zakree Ahmad Hafiz Mohd Sarim Norhayati Mohd Ali Universiti Kebangsaan Malaysia Salina Ismail Muhammad Shakirin Shaari Mohamed Ali Saip Nassiriah
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written on transaction papers‚ documents‚ materials and printed matters issued by the enterprise. 2/ Each enterprise must have property 3/ Each enterprise must have its head office. It must have a definite address‚ telephone and email address 4/ Business registration‚Enterprise must carry out formalities which law ask to be able to establish legally‚ have its purpose is seeking profit. B) Classification of enterprise VN law: _Based on legal forms: + Limited liability company with more than
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LONG TERM GOALS To always have good time management in place To always have time set aside for myself and my family Not to procrastinate because if I do this will have a large impact in my life and schooling To always have my assignments in on time To realize that I will make mistakes and that I have to learn from these mistakes To have a good attitude How These Goals Will Work To My Advantage I will have more time to spend on class assignments by following a set goal I will have more
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MIS Quiz #2 Preparation Chapter 2: Global E-Business and Collaboration TRUE/FALSE. Write ʹTʹ if the statement is true and ʹFʹ if the statement is false. 1) Operational management is responsible for directing the day - to- day operations of the business and therefore needs transaction - level information. 1) 2) You would use an MIS to help decide whether to introduce a new product line. 2) 3) Online collaboration tools eliminate the need for global firms to have synchronous collaboration
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1) What is the first level of the Capability Maturity Model? a. Initial b. Repeatable c. Defend d. Optimizing (Answer a. Initial) 2) What is the organizational role most responsible for the analysis and design of info systems? a. System Analyst b. Quant Developer c. Technical Support Associate d. The Best Buy Geek Squad (Answer a. System Analyst) 3) What is software that is designed to process data for
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SHORT TERM AND LONG TERM GOALS Setting personal goals in my life are important to me because I want to strive for personal Excellence. I hope that as long as I live I will strive to excel and learn. Achievement of a short term goal leads to a long term goal and it never ends unless I will it to end. Since I’m passionate about learning and setting goals I believe I will continue to learn and achieve new goals. One goal I am working on now is learning how to write an excellent paper‚ in proper
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million Americans will be retired (U.S. Census Bureau‚ 2008). This does not include the larger number of people living longer up to or over the age of 80. During the golden years‚ individuals will require different types of long-term care services to live out the rest of their life comfortably. Depending upon a consumer’s medical condition or needs‚ several options of long-term care or nursing facilities may be needed. Long-term services can be broken down into several categories. Some services
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