APPLIED SUMMARY PAPER STRATEGIC MANAGEMENT PREPARED BY RICHARD JOHN Motivational Concepts. The New York City Transit Authority being a public benefit company cannot give economic rewards‚ for example bonuses‚ profit sharing‚ stocks‚ to motivate its employees‚ it instead uses being employed by the company and the comprehensive benefits packages that comes along with it‚ as the main motivator for its employees system wide. The comprehensive benefits package includes‚ Equal Employment Opportunity
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STRATEGIC MANAGEMENT PAPER I. Introduction a. Company Background b. Paper Design and Methodology c. Scope and Delimitation II. External Analysis a. Economic Forces b. Political Forces c. Socio-Cultural d. Technological e. Environmental f. Competitive Forces III. Industry Analysis a. Industry Analysis – Introduction about the industry b. Marketing Mix 1. Product and Market Share 2. Price 3. Promotion 4. Distribution Channels 5. Customer 6. Target Market 7. Competition
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What Is Strategic Management? 61. What can be defined as the art and science of formulating‚ implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives? a. Strategy formulation b. Strategy evaluation c. Strategy implementation d. Strategic management e. Strategic leading Ans: d Page: 5 62. ____________ is used to refer to strategic formulation‚ implementation and evaluation‚ with ______________ referring only to strategic formulation
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Case 2: Nike‚ Inc. – 2009 Case Notes Prepared by: Dr. Mernoush Banton Case Author: Randy Harris A. Case Abstract Nike‚ Inc. (www.nike.com) is a comprehensive strategic management case that includes the company’s fiscal May 31st‚ 2009 financial statements‚ competitor information and more. The case time setting is the year 2009. Sufficient internal and external data are provided to enable students to evaluate current strategies and recommend a three-year strategic plan for the company
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Strategic Management SUPER SUMMARY Written by: Bhavin Pathak (Student‚ CA-IPCC‚ Arihant Institute Pvt. Ltd.) Features: Full coverage of IMP aspects of Strategic Management Summarized and conceptual Based on Study Material of ICAI Easy to remember format Point-to-point approach towards subject Diagrams and charts given wherever required Useful for LMR (Last Minute Revision) 1 STRATEGIC MANAGEMENT INDEX 1. 2. 3. 4. 5. 6. 7. TOPIC Business Environment Business Policy & Strategic
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**Instructors’ Manual 1 19/09/2001 9:39 AM Page 1 Contemporary Strategy Analysis Concepts‚ Techniques‚ Applications Fourth Edition Instructors’ Manual by Robert M. Grant 1 **Instructors’ Manual 1 19/09/2001 9:39 AM Page 2 Copyright © Robert M. Grant‚ 2002 The right of Robert M. Grant to be identified as author of this work has been asserted in accordance with the Copyright‚ Designs and Patents Act 1988. ISBN 0-631-23140-4 2 **Instructors’ Manual 1 19/09/2001 9:39 AM
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/EMBA STRATEGIC MANAGEMENT (MGT-5504) Credit Hour: 03 Contact Hour: 03/week Course Objective: Most Schools of Business/Management-all over the world have a capstone course in their curriculum that concerned with “Strategies and policies”. Many of them title this course as “Strategic Management”. The course is aimed to focus on top management and total organization rather than functional areas of a business organization. This course emphasizes basically on strategic management
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CHAPTER 1 The Nature of Strategic Management True/False Introduction 1. The underpinnings of strategic management hinge on managers gaining an understanding of competitors‚ markets‚ prices‚ suppliers‚ distributors‚ governments‚ creditors‚ shareholders and customers worldwide. Ans: T Page: 4 2. Although the Internet has increased in popularity‚ it has actually led to increases in company expenses. Ans: F Page 4 3. Consumer e-commerce is five times greater than
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Chapter 1 63) The goal of strategic management is to A) achieve competitive advantage. B) maintain competitive advantage. C) achieve and maintain competitive advantage. D) eliminate competitive advantage E) eliminate and abolish competitive advantage. 64) Strategic management focuses on integrating management‚ ________‚ and information systems to achieve organizational success. A) marketing B) finance/accounting C) production/operations D) research and development E) all of the above
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the gloabalized business‚ companies require strategic thinking and only by evolving good corporate strategies can they become strategically competitive. A sustained or sustainable competitive advantage occurs when firm implements a value – creating strategy of which other companies are unable to duplicate the benefits or find it too costly to initiate. Corporate strategy includes the commitments‚ decisions and actions required for a firm to achieve strategic competitiveness and earn above average returns
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