Strategic analysis is the process of conducting research on the business environment within which an organization operates and on the organization itself‚ in order to formulate strategy. A number of tools are used in the process of strategic analysis‚ including PEST and/or SWOT analyses‚ and Michael Porter’s five forces model. http://www.bnet.com/topics/strategic+analysis http://www.ehow.com/about_5085518_reason-use-swot-pestle-analysis.html PEST Analysis The PEST analysis is a framework that
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The topic of globalization has become a hotly contested debate over the past two decades. Indeed‚ the increased integration of international economies have led to costs to some and benefits to others. These costs and benefits are a result of three effects of globalization‚ that is‚ expanded markets‚ cheaper resources or a combination of the two. Firstly‚ from the business perspective‚ one effect of globalization is that of expanded markets. This means that a business that had previously only sold
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*STRATEGIC planning *SUPPLY chains Abstract: Any company that has a global supply chain should consider introducing its strategic left hand to its operational right hand. Senior managers formulate strategy to maximize shareholder value; supply-chain planners run optimization models to minimize costs. Consider a strategic supply-chain planning exercise at a polyvinyl chloride (PVC) manufacturer that we will call Acme Vinyl Co. Acme ’s North American revenues came from PVC for building (55%)‚ packaging
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An uprising is taking place in policing and it has important implications for those in city government tasked with planning. This uprising is called community policing and it brings police work into a domain traditionally inhabited by community planners. This paper will be the basis for the recommendation of a community oriented policing program. It will include a definition of what community policing is‚ as well as some core elements that are involved in a community oriented policing program. Community
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Nike i2 failure: strategic or tactical Nike the world leader in sports apparel manufacturer with a market share of 32 percent and market cap at $20billion decided to implement i2 demand planning engine to manage its supply chain at a cost of $400million. It was supposed to help Nike with its supply chain and to reduce the lead time for the manufacturing of sneakers from nine months down to six. The i2 system worked on the principle of using the data from the previous sales figures and predicting
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NIKE CASE STUDY ANALYSIS Q: What characteristics about Nike contributed to their troubles with i2 becoming nothing more than a speed bump? 1. i2’s predictive demand application and its supply chain planner used different business rules and stored data in different formats‚ making it difficult to integrate the two applications. The i2 software needed to be so heavily customized to operate with Nike’s legacy systems that it took as much as a minute for a single entry to be recorded
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Essential of Planning Name : Zammy Haryo Kusuma Class : EB Management 2012 NIM : 126122400383 Planning is a complex and comprehensive process involving a series of overlapping and interrelated elements or stages‚ including strategic‚ tactical‚ and operational planning. Strategic planning establishes master plans that shape the destiny of the firm. One of four managerial functions is planning it involves setting goals and figuring out ways of reaching goal‚ in planning a manager look
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MANAGEMENT FUNCTIONS The functions of management uniquely describe managers ’ jobs. The most commonly cited functions of management are planning‚ organizing‚ leading‚ and controlling‚ although some identify additional functions. The functions of management define the process of management as distinct from accounting‚ finance‚ marketing‚ and other business functions. These functions provide a useful way of classifying information about management‚ and most basic management texts since the 1950s have
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Introduction: IKEA is a privately held‚ international home products company that designs and sells ready-to-assemble furniture such as beds and desks‚ appliances and home accessories. The company is the world ’s largest furniture retailer. It was founded in 1943 by 17-year-old Ingvar Kamprad in Sweden. As of October 2010‚ the chain has 313 stores in 38 countries‚ most of them in Europe‚ North America‚ Asia and Australia. The word IKEA was an acronym of his name and address: Ingvar Kamprad and Elmtaryd
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The Vietnam War has left behind many lessons. These lessons can serve to shape and transform our lives in such a way to communicate success. From a military standpoint‚ one has the ability to function as a strategic thinker‚ tactical planner‚ or logician. The goal of this assignment is to decide which one of these‚ defines my character?‚ what is needed from my environment to accomplish my goals?‚ and what strict military lesson can be used in pursuit of my goal? A strategic thinker
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