Record: 1 Title: What Is Strategy? Authors: Porter‚ Michael E.1 Source: Harvard Business Review; Nov/Dec96‚ Vol. 74 Issue 6‚ p61-78‚ 18p‚ 1 Black and White Photograph‚ 3 Diagrams‚ 1 Graph Document Type: Article Subject Terms: *STRATEGIC planning *ORGANIZATIONAL effectiveness *MARKET positioning *COMPETITION *BUSINESS planning *INDUSTRIAL management *ORGANIZATIONAL
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Thompson−Strickland−Gamble: Crafting and Executing Strategy: Concepts and Cases‚ 16th Edition I. Concepts and Techniques for Crafting and Executing Strategy 1. What Is Strategy and Why Is It Important? chapter one © The McGraw−Hill Companies‚ 2008 1 What Is Strategy and Why Is It Important? Strategy means making clear-cut choices about how to compete. —Jack Welch Former CEO‚ General Electric A strategy is a commitment to undertake one set of actions rather than
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Is College Worth It? I think we all can agree that getting an education is a vital process that is crucial for being successful in our society‚ but does getting a college education guarantee one’s success? I know‚ with the cost of a college degree rising 1‚120% within the past 30 years‚ many of us do not want to wait and find out ourselves. Although getting a college education may not guarantee one’s success in the job market‚ one thing that comes with a college education is almost certain; thousands
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School The original view sees strategy formation as achieving the essential fit between internal strengths and weaknesses and external threats and opportunities (see SWOT analysis). Senior management formulates clear and simple strategies in a deliberate process of conscious thought - which is neither formally analytical nor informally intuitive - and communicates them to the staff so that everyone can implement the strategies. This was the dominant view of the strategy process at least into the 1970s
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Fugate Period 4 Mt. Garibaldi Mount Garibaldi is a potentially active stratovolcano in the Sea to Sky County of British Columbia‚ 50mi north of Vancouver‚ Canada. This volcano is located in the southernmost Coast Mountains. Also one of the most recognized peaks in the South Coast region‚ as well as British Columbia’s best known volcano. It lies within the Garibaldi Ranges of the Pacific Ranges. Mount Garibaldi takes up the southwest corner of Garibaldi Provincial Park overlooking the
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Once in a while‚ escape from the chaotic city to a place where there are not so many people is a bliss. Going to a peaceful place‚ Standing in a place surrounded by a fascinating greenish view‚ taking a deep breath in a fresh air‚ feeling so calm and relaxing. Just take a step outside and go to Mt. Koya (Koyasan). Why Mt. Koya? Mt Koya (Koyasan) is the center of Shingon Buddhism. Because of Koyasan is the center of Shingon Buddhism‚ it makes this place feel so sacred. A lot of temples built in here
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The preferred strategy to increase sales of a repertoire brand is to seek new customers in order to gain a larger market share. First and foremost‚ many marketers considered brand loyalty as the central theme in formulating marketing strategy for the various market types. Organizations with larger base of loyal customers ’ have been associated with greater profitability and higher rates of return of investment (Buzzell et al. 1975‚ p. 98). The measurement of brand loyalty varies in different
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Strategy is creating fit among organization’s activities. As a whole‚ organization finds its competitive value by positioning and integrating Fit into all its activities. Operation effectiveness and strategy works differently but co-relate with one another to work towards the same company goal – profitability. Yet many organizations are caught up in improving their operational effectiveness or seeking fast and easy growth; that they have forgotten the "value" that they can offer to their
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Place represent a place or placement focus on how a company sell their products and services to the final consumers. It includes the process on how a producer provides a particular product to the potential consumers. On the other hand‚ how consumer able to access or consume your product is the main purpose of place strategy. A company can utilize the location‚ distributors‚ logistics‚ shop front‚ and internet as a channel to ensure the products and services will be served to the consumer. Distribution
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To what extent are boys now the ‘failing’ gender in state schooling? The gender gap between boys and girls educational achievement has been the centre of much concern and debate over recent years. Concerns about underachievement had previously been directed towards girls‚ but their academic achievement has now outstripped boys in most areas. The current situation shows girls are outperforming boys in all subjects except for the single sciences. This change in gender difference has created major
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