In this report‚ I am going to explain the three basic orientations to conflict. They are Lose-Lose‚ Win-Lose‚ and Win-Win. Lose-Lose: In this orientation‚ people try to avoid conflict‚ The conflict is negative. We may not express our own needs or rights‚ and we are unable to be honest when giving our feedback. Win-Lose: In this orientation‚ the disagreements are battles. The person who loses may feel the need to get even. Each person tries to prove their point‚ and out-weigh the other Win-Win:
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Michael Porter is a Professor of HBS . He established that A firm’s relative position within its industry determines whether a firm’s profitability is above or below the industry average. The fundamental basis of above average profitability in the long run is sustainable competitive advantage. There are two basic types of competitive advantage a firm can possess: low cost or differentiation. The two basic types of competitive advantage combined with the scope of activities for which a firm seeks
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recent copy of BusinessWeek and read the “Corporate Strategies” section. Was the main decision discussed strategic? At what level in the organization was the key decision made? The article Tesla Speeds Past Texas Red Tape to Park Its Battery Plant in Nevada from BusinessWeek website shows the main decision determined to build its giant battery factory in Nevada. Of course it’s a strategic decision based on production requirements. Upper-level managers or directors of board probably make the decision
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Operational Effectiveness Is Not Strategy For almost two decades‚ managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to competitive and market changes. They must benchmark continuously to achieve best practices. They must outsource aggressively to gain efficiencies. And they must nurture a few core competencies in the race to stay ahead of rivals. Positioning-once the heart of strategy-is rejected as too static for today’s dynamic
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Strategic Marketing WS 2012/13 Humboldt University Berlin Institute of Marketing Assignment 1: Basic Principles of Strategic Marketing Assignment 1a – Identifying strategic groups and their competitors Sony The Sony Corporation‚ also referred to as Sony‚ is a multinational conglomerate corporation positioned in the electronics and entertainment industry and headquartered in Tokyo‚ Japan. It incorporates the following main strategic business units (SBUs): Electronics (including the TV‚ computing
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Question 1 Which one of the following is not a major concern of strategic management? The marketing mix Question 2 Why is it important that objectives are measurable? Controlling strategy implementation and evaluating the outcomes of a strategy depend on being able to measure organisational performance against targets. Question 3 Achieving sustainable competitive advantage is an overriding objective of strategy in the not-for-profit sector. False Question 4 Corporate governance is concerned
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What is a political party? What is the difference between a party and an interest group? A political party is a group people who share the same ideas about the way the country should be governed. An interest group is more set and strict in their ideas while a party can redefine their platform. Political parties nominate candidates amd and interest groups influence parties. What are the core functions of a political party? A function of a political party is to get elected How are the two main
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STRATEGIC ANALYSIS OF GLOBAL AUTOMOBILE INDUSTRY Table of Contents 1. EXECUTIVE SUMMARY The report will undertake a strategic analysis of Global Automobile Industry. Relevant theoretical frameworks and concepts will be applied to the automobile industry in order to make better understanding of its strategies. Firstly‚ the report will provide background information such as industry definition‚ competitors and history outline. It will also
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Three Question Nick Burton Hillsborough Community College ENC1102-30248 Professor Slover November 1‚ 2012 Everyone has that point in his/her life when he/she has to decide what is next for them. When graduating high school‚ it is one ’s decision to go off to college‚ the military‚ or straight to work. After college‚ when a job is presented in another state or country‚ and they have to decide to take the job or not‚ what will they decide? Everyone
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Michael Eugene Porter is a Professor at The Institute for Strategy and Competitiveness‚ based at the Harvard Business School. He is generally recognized as the father of the modern strategy field. One of his great writing is “What is strategy?” published in 1996. The beginning of the article raises a mistake of Operational Effectiveness for Strategy that many companies had suffered for almost two decades. In the article‚ Operational Effectiveness means performing similar activities better than
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