------------------------------------------------- Case Study: 3M Q: Can other Companies just copy 3M’s structures and culture and become successful innovators also? 3M’s organizational structure is built around cultures that encourage innovation. From this angle‚ the company was able to develop 6 business strategies to promote entrepreneurship and increase customer satisfaction. For decades‚ 3M has been known as an entrepreneurial organization that pursues growth through innovation. Innovation
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out of four (4) questions. Question 2 (a) Identify and explain FIVE (5) roles of Henry Mintzberg’s managerial roles. (15 marks) (b) Describe the following terms: i. Centralisation (2 marks) ii. Span of control (2 marks) iii. Work specialisation (2 marks) iv. Formalisation (2 marks) v. Chain of command (2 marks) [Total: 25 marks] Question 3 (a) Explain
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streets‚ utilities and public facilities‚ and finishing individual lots for home sites or other facilities. The SIC code for HomeFed is 6500. This report will discuss the financial position of HomeFed in its industry as a whole and compared to its competitors Getty Reality Corporation. The report will also analyze the financial data of HomeFed. HomeFed operating revenue for 2014 was $60.3 million; after the expense the net income of HomeFed for 2014 was $3.9 million. Another real estate development
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Mid-term Review Questions Chapter 1 1. Define strategic competitiveness‚ strategy‚ competitive advantage‚ above-average returns‚ and the strategic management process. Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy. Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage. Competitive advantage is when a firm implements a strategy that its
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(Process – 7 marks‚ Example – 3 marks) Answer : The Process of Problem Identification Many times we face a common problem like‚ deployed our best team to resolve a problem and have the team execute flawlessly‚ only to find that the problem that was solved did not address the customer’s real need? This common situation cause customer and is all too prevalent in today’s nonprofit business environment. Creative Problem Solving Buffalo(CPPSB)-Accurately framing the problem is the most important step of
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stakeholders b. meetings c. deliverables d. volunteers ____ 3. _____________ development uses the results of all the preceding project time management processes to determine the start and end dates of project activities and of the entire project. a. Activity b. Schedule c. Work Package d. Task ____ 4. Projects involve five project management process groups: initiating‚ planning‚ __________‚ monitoring and controlling‚ and closing. a. maintaining b. designing c. executing d. delivering
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acquirers paying higher prices and earning lower returns when rates are low (and when more deals are announced). Ó 1999 Elsevier Science B.V. All rights reserved. JEL classi®cation: G21; G32; G34 Keywords: Mergers; Interest rate exposure; Risk management; Banks 1. Introduction Bank executives and industry analysts would readily agree that interest-rate exposure is important to depository institutions. Research shows that interest rate movements aect bank earnings and value‚ and banks explicitly
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stalled. The absence of political will to undertake more fundamental restructuring of the economy has led to continued overreliance on public investment. Productivity growth is undermined by state regulation and ownership of many enterprises‚ and the financial sector is primarily an instrument of state control through subsidies and credit manipulation. In the face of the economic slowdown‚ the government has tried expansionary fiscal and monetary interventions to little effect. 2009 2010 2011
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Question 1: a. Are Project Management ‘tools’ a hindrance or a help? There is no doubt in my mind that when the right people are given the right tools and trained with the correct knowledge and use of Project Management Tools‚ that they will be a critical component to the overall success of a Project. Project Management is a methodical approach to planning and piloting project processes and tools from start to finish. According to the Project Management Institute‚ the processes are guided
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MARKETING MANAGEMENT (MB106) – OBJECTIVE TYPE QUESTIONS (ONE SET) MBA I SEMESTER 1. Which of the following is central to any definition of marketing? a. Making a profit b. Making a sale c. Demand management d. Transactions e. Customer relationships 2. Introducing new products to existing markets is an example of: a. conglomerate diversification b. vertical diversification c. horizontal diversification d. concentric diversification 3. When a company acquires a supplier through an acquisition
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