immense gratitude‚ I would like to take the opportunity to present you this working report that I have prepared as a requirement of my internship program. I am glad to work under your guidance and support throughout the course of my internship. I would also like to express my heartiest gratitude to Ms. Irum Nahid Haque‚ Talent & Resourcing Manager at Rahimafrooz Bangladesh Limited‚ for providing me with supreme guidance and support throughout the term as my supervisor. I will be very grateful if you could
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Strategic Alliance – Whirlpool Corporation and Inland Steel CASE Faced with intense competition‚ increasing expectations from customers‚ reduced product life cycles‚ and localized geographic markets‚ Whirlpool Corporation (a Fortune 500 manufacturer of appliances) realized that the need to achieve a competitive advantage from its sourcing and material efforts was greater than ever. Part of the strategy to achieve this advantage involved pursuing an alliance with a key steel supplier. Steel is
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product of a rational planning process driven by top management has some basis in reality‚ it is not the whole story" (Hill‚ Jones and Galvin‚ 2004‚ 6). The purpose of this essay is to verify the truth of the above statement with reference to the theories that argue for or against it by academics as well as the truth behind it in current real world corporate strategic management practices. The argument indicates that‚ although rational planning does indeed bear realistic importance‚ it is by far and
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Describe the key strategic challenges facing Apple Computer Apple Computer is currently facing many strategic challenges‚ the first challenge is competition from new and existing companies. Apple’s iTunes‚ an online music store‚ faces competition from companies that seek to begin offering online music and video downloading services whether legally or illegally‚ and from existing companies that plan to modify its current strategies to become better aligned with the strategy of Apple. Many of Apple’s
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David Williamson Marketing gets no respect in the nonprofit world. Program people tend to hold the most senior positions in nonprofits and accordingly have the most status. Fundraisers are often viewed as necessary evils‚ as are operations staff‚ including those who labor in the communications and marketing departments. Several factors account for the suspicion or disdain with which many nonprofit managers view the marketing function. Mostly‚ it’s a matter of ignorance. Usually trained in other disciplines
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Strategic Plan‚ Part I: Conceptualizing a Business Marcia Cortez MKT 475 August 13‚ 2012 Michele Dougherty Strategic Plan‚ Part I: Conceptualizing a Business Creating a business is a difficult task that requires essential strategic management. “Strategic management is defined as the set of decisions and actions that result in the formulation and
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Profile Honda motor company‚ Ltd was founded on 24 september 1948 in Japan. Implementing its business strategy‚ the company is constantly evolving global manufacturing network with 91 branches. Among that branch‚ Honda Vietnam has played a key part of the success of global Honda. Honda Vietnam is established in 1996 with initial capital of $ 31.2 million‚ they are a joint venture between Honda Motor Company of Japan (42%)‚ Asian Honda Motor Company of Thailand (28%) and movers and Agricultural
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I. Executive Summary Strategic management has been given significant attention for this few decades‚ because of its mass contribution to the success of the company’s long term goal. The word “Strategy” has its roots of military science‚ deriving from the Greek’s word “Strategos” meaning plan the destruction of one’ enemies through effective use of resources.” (Calingo‚ n.d‚ as cited in Ting‚ 2012a‚ p. 8). A successful company has a very practical strategy. NIRON ADEC‚ one of the microfinance institutions
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tompeters! Strategic Planning‚ R.I.P. TOM PETERS enry Mintzberg has killed strategic planning. It’s not that the prolific McGill University professor has anything new to say in his justreleased book‚ The Rise and Fall of Strategic Planning. And it’s not as if our mindless love affair with planning in the 1960s and 1970s didn’t effectively end a dozen years ago (when then-neophyte GE chairman Jack Welch killed his corporation’s hyper-formalized planning system‚ and most of the planners
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Q1- Strategy is the pattern of activities followed by an organisation in pursuit of its long-term purposes. Strategy is the direction and scope of an organisation over the long-term: which achievesadvantage for the organisation through its configuration of resources within a challengingenvironment‚ to meet the needs of markets and to fulfil stakeholder expectations". First‚ strategy is concerned with the broad pattern of an organisation’s activities‚ not the day-to-day detail. Second‚ strategy
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