less innovative industries are Bank of America (has a formalized research program to try out new customer services/amenities such as video screens in next to teller lines)‚ Intuit (e.g.‚ putting Quicken money management software online)‚ Ikea‚ JetBlue Airlines‚ and Progressive Insurance (discussed later in the book). 6. What are Value-added services and what are the benefits to external customers? Value-added services make the external customer’s life easier and help carry out their particular
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Management Decision Can competitive advantage be predicted?: Towards a predictive definition of competitive advantage in the resource-based view of the firm Andreas Hinterhuber Article information: Downloaded by UNIVERSITY COLLEGE BIRMINGHAM At 12:53 29 June 2015 (PT) To cite this document: Andreas Hinterhuber‚ (2013)‚"Can competitive advantage be predicted?"‚ Management Decision‚ Vol. 51 Iss 4 pp. 795 812 Permanent link to this document: http://dx.doi.org/10.1108/00251741311326572 Downloaded
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EM Strasbourg Management of Arts Organizations Odile Paulus Build a team of 5 students. Find an artistic organization or a project you are interested in. Make sure that the organization will provide you with enough information to conduct a strategic analysis. Write a 20 pages max report. Prepare the defense of your project in group. I will ask each group 5 questions. Each student will answer to one question. A another student has a chance to complete the answer of the first student. 1
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Illustrate the meaning of “Sustainable Competitive Advantage”. What was the main strategy adopted by Southwest Airlines that made it successful in the airline industry? Competitive advantage is a position of a company in a competitive landscape that allows the company earning return on investments higher than the cost of investments. Competitive advantage should be relevant‚ unique and sustainable. Therefore sustainable competitive advantage‚ it’s a long-term competitive advantage that a company
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Appendix 3 – Internal Analysis Resources: a) Tangible resources: i) Physical: plants and equipment * H-D invests continuously in plants and equipment. * H-D plants are located in different states in the US‚ very far from each other‚ which causes very high transportation costs. i) Technological: * H-D is known for its technological backwardness in terms of engines‚ suspension systems‚ braking systems‚ and transmissions. iii)
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1. Eric Brinker of JetBlue noted that the database developed during the crisis had not been needed before since the company had never experienced a meltdown. What are the risks and benefits associated with this approach to IT planning? Provide some examples of each. Answer: In one hand‚ there are a lot of risk associates with the approach of an IT planning. For instance‚ in order to make an IT planning a company may need plenty of well-trained employee which require higher pay. Thus‚ the risk of
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1. Introduction The Microsoft case describes how the company was build and gives an insight in their Human Resource policies‚ from the early 1980 until the 2001. Bill Gates believed that in order to develop outstanding software‚ attracting the right people was crucial. The focus of their HR policy was to attract intelligent technical people. These technical people were the foundation of Microsoft’s great success. However (senior) management functions were also given to these technical employees
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“Designed to be outstanding in any field‚ from city streets to music festivals and rugged countryside‚ Hunter footwear is recognized for its performance durability and comfort – achieved through a fusion of tradition and technology” (Hunter Boot Ltd.‚ 2013) Hunter Boot Ltd. was founded in 1856‚ styled as the North British Rubber Company‚ producing not only rubber boots but also tyres‚ conveyors and flooring. The famous ‘wellies’ or wellington boots rose to fame when they were mass-produced during
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FDI: is a direct investment into production or business in a country by an individual or company of another country‚ either by buying a company in the target country or by expanding operations of an existing business in that country. Horizontal FDI: Processes conducted at home country are replicated directly in the host country. Vertical FDI: performs value-adding activities either upstream or downstream on the processes in host country. MNE: A company with operations in multiple locations across
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Leah Morris MGMT 441 * Rite Aid Pharmacy * Headquarters: Camp Hill‚ Pennsylvania * CEO: John T. Standley * Mission Statement: To be a successful chain of friendly‚ neighborhood drugstores. Our knowledgeable‚ caring associates work together to provide a superior pharmacy experience‚ and offer everyday products and services that help our valued customers lead healthier‚ happier lives. * NYSE‚ RAD‚ $1.90 (Taken March 28‚ 2013) Business Strategy Analysis Rite Aid Pharmacy
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