Innovation‚ Blue Ocean Strategy‚ Business Ethic‚ and Strategy Implementation F BA401-BI 421 F ก 1 PART 1 • Innovation • Blue Ocean Strategy 2 New Concept • Blue ocean • Pinpoint Porter’s Competitive problem – Low cost – Low cost – Risk in focusing strategy 3 3 86% 62% 62% 39% 4 Value Innovation Cost Eliminate Reduce Value Value Innovation Innovation Raise Create Value ก ก F ก F ก 5 6 High High Premium Wines Premium Wines Budget Wines Budget Wines Budget
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Chapter 5 Business Level Strategy Successful business model is the product of successful business level strategies. A successful business model can give a company competitive advantage over rivals. To craft a successful business model‚ strategic managers must determine three issues stated below: 1. What to be satisfied-customer’s needs: Customer needs are the wants that can be satisfied by the means of attributes of the products. Customers choose a product based on: A. Product differentiation
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Opening Case “Hershey’s Enterprise 21 Project” ) and answering the following questions for case 2 "Rolls Royce’s ERP Implementation" (Chapter 1) that are listed on page 34 in the text which are the following: 1. What do you think of RR’s ERP Implementation Project? Did they select the right implementation strategy? 2. Discuss the Critical Success Factors of RR’s implementation strategy and the role of SME’s in the project. 3. What advice can you give to RR’s technical team on their approach
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MEDIA FORMULATION Medium formulation is an essential stage in the design of fermentation process. Most fermentation media require liquid media‚ although some solid-substrate fermentations are also operated. Fermentation media must satisfy all the nutritional requirements of the microorganisms and fulfill the technical objectives of the process (1). There are several stages where media are required in a fermentation process; inoculum (starter culture)‚ propagation steps‚ pilot-scale fermentations
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possible success or failure of particular strategies. Scenarios are detailed and plausible views of how the environment of an organization might develop in the future based on key drivers of changes about which there is a high level of uncertainty. Porter’s five Forces Framework Porter’s five forces theory analyses the competition that surrounds a company‚ measuring its intensity and helping this same company finding solutions to adapt its strategy depending on the type of existing competition
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Subject: Business Strategy written case study Student Name: Yani Li Topic: Q7‚ Constellation is one of Foster’s major competitors in the world alcoholic beverages market‚ what do you see as the relative strengths and weaknesses of these 2 major competitors? Introduction: Strength and weakness are the two major components which attached to the internal environment analysis‚ internal analysis are relate to competencies‚ capability and resources within the organization. In this essay I will demonstrate
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Business strategy Review Tutorials Strategy Formulation: Mintzberg’s View vs Ansloff’s View Porters 5-forces Competition & Business Strategy in historical perspective – Ghemwat Acquisitions – Dryer Lectures Business Level strategy Corporate Level strategy Ethics & sustainability Strategy implementation Tutorials Strategy formulation Mintzberg’s View vs Ansloff’s View Mintzberg’s The Design School (1990) One of ten schools of thought from Mintzberg The design school sees
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customers switched to buying alternative device or PC looks like tablets. Apple iOS takes 61‚4% of worldwide tablet sales. Samsung is on the second place with 7‚5%. Resources of Apple. Potential for scale‚ experience and scope economies Strong know-how‚ RFS‚ RMS‚ new Product Development Programme‚ together with skilled human resources represents well integrated resources of the company. Diversified product line and high quality software and hardware allow sharing the resources of the company among
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Business Strategy Victoria’s Secret‚ in both its’ business and e-business components use a B to C business strategy that focuses on the same market segment and economics in both channels. Strategically the company focuses on individual business processes instead of its’ business model so that it can improve upon some of them with technology as this avoids a primarily internet-driven business model which could affect the sales of their retail locations. Their business processes that support their
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Business Decision Making Students Name: Lecturers Name: Unit Title: Submission Date: Table with the risks and weigh of their relative importance against the rate of return that I foresee for my companyaswell as a plan of overcoming the risks Risk Importer Exporter L/M/S How to Overcome It Economic conditions Poor economic conditions will affect my imports. Poor economic conditions in other countries will affect my exports. If the demand for my imports is down‚ I will conduct marketing
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