HBR Case Review: Can You Say What Your Strategy Is? David J. Collins & Michael G. Rukstad Issue: * Executives cannot articulate the objective‚ scope and advantage of their business in a simple (35 word) statement. Supported By: * Leaders assume that strategic planning process will be communicated succinctly and ensures success. Proposed Solution: * Leaders must draft a simple‚ clear‚ succinct strategy statement that everyone can internalize and use as a guiding light
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One of the fortune 500 companies in our society is Best Buy. Best Buy is one of the largest consumer electronics retailer company in the United States and Canada. There are many products Best Buy distributes‚ such as; computers‚ computer equipment‚ video and audio products‚ refrigerators‚ coffeemakers‚ compact discs‚ video games‚ DVD and VHS movies and players‚ CD’s‚ computer software‚ cameras‚ cell phones‚ and satellite systems and so on. In addition‚ their customer service is very helpful and has
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Can you say what your strategy is? - David J. Collis and Michael G. Rukstad The authors emphasize on the importance of having a short (35 words max) company strategy‚ and communicating it to the employees. This is important to direct the companies operations in a coherent manner. The company and its employees need to know where the road is going. A strategy is not about your values of your mission‚ but simply about what your competitive game will be: what are you doing differently to your competitors
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MONEY AND BANKING CONTENTS What is MONEY? 3 Characteristics of money 3 Measurements of money 4 Money and the economy 6 Relationship between Prices and Inflation 6 Why Money Supply Matters 7 Banking 8 General History 8 History in United States 8 Banking basics 9 Other Financial Institutions 9 International Banks 10 Structure of banking industry in U.S. 10 Interest Rates 11 Banking Business 11 Liquidity management by banks 11 Multiple Deposit Creation 14 Banking services 16
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shares by a company where it offers to take back its shares owned by the investors at a specified price; this offer can be binding or optional to the investors. Why companies buyback? * Unused Cash: If they have huge cash reserves with not many new profitable projects to invest in and if the company thinks the market price of its share is undervalued. Eg. Bajaj Auto went on a massive buy back in 2000 and Reliance’s recent buyback. However‚ companies in emerging markets like India have growth opportunities
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room knew what she did wrong but was to embarrassed to announce how disrespectful she was for sleeping during an important lesson. “Cassandra Macenat‚ this is the last time I’m going to repeat myself‚” the teacher‚ Ms. K‚ said sternly‚ “Tell me why you were sleeping in my class?” Her mouth became dry each minute Ms.K urged the answer from her. Yet she knew what she needed to say‚ Cassandra was to shy‚ disappointed‚ and exhausted to even comply with the professor’s orders. Cassie‚ what people usually
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Strengths Best Buy has been the leader in the American Market for consumer electronics. There strength lies in several sales methods‚ one being that they allow customers to browse their selection with little intrusion. Their target customer base is young adults that are tech savvy‚ and the store environment allows for general perusal with sales representative available for general inquiries. The company has sufficiently identified their targeted demographic and have positioned their marketing in
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different amounts of money. The area of study you go in to depends on how much money you make. If you going to school to get a Ph.D. The average amount of money they make is about 100‚000 per year and masters degree makes about 63‚000 per year. Also there is an associated degree which make on average 42‚000 per year. All of degrees make more money than a high school graduate which they make 32‚500 per year.(The benefits of a college degree) So going to college will make you more money in the long run
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with its forgotten values? Why has America developed a reputation known for its extreme consumerist lifestyle? Buy Nothing Day asks us to reconsider what many people deem essential in their lives. We agree with this day of awareness promoting that the absence of goods will somehow motivate us to re-think spending habits as well as revealing the effects of excessive consumption on the earth. Buy Nothing day has the possibility of creating a new national outlook on the idea of consuming less. Consumerism
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Facebook announces $19bn WhatsApp deal Facebook will buy fast-growing cellphone-messaging startup WhatsApp for $19-billion in cash and stock in a landmark deal that places the world’s largest social network closer to the heart of cellphone communications and may bring younger users into the fold. The transaction involves $4-billion in cash‚ $12-billion in stock and $3-billion in restricted stock that vests over several years. The WhatsApp deal is worth more than Facebook raised in its own initial
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