Supply Chain Report Finding the right strategy for our company will be the start of our supply chain strategy. The main three are the Keiretsu network‚ virtual company‚ vertical integration. All three have their advantages and disadvantages. An example of a Keiretsu network would be our company working closely with a supplier‚ such as a motor manufacturer but not necessarily owing their company. A virtual company is network of independent companies—suppliers‚ customers‚ competitors‚ linked by
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|Determine the primary activities and secondary activities of your organisation. Make a conscious| |decision on whether your organization should compete by the least cost strategy or the product | |differentiation strategy. Determine the cost drivers of the organisation. Provide strategic | |suggestions on how your organization can use this information to compete. | | | |
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the degree of differentiation that exists within an organization. Complexity can be classified into three types: 1. Horizontal Complexity / Differentiation – Degree of Horizontal separation between units 2. Vertical Complexity / Differentiation – Depth of the organizational hierarchy 3. Spatial Complexity / Differentiation – Degree to which the location of an organization’s facilities and personnel are dispersed geographically HORIZONTAL COMPLEXITY Horizontal Differentiation refers to the
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factory from Adam Smith’s Wealth of Nations to the organizing and structuring of work. The relation will be described done by examining the division and specialization of labour‚ requirements that lead to the need for coordination‚ Horizontal and Vertical Differentiation required for coordination and how structure/hierarchy arises and if it is in fact needed. We can see that through the division and specialization of labour that Adam Smith’s pin factory is an example of a cottage industry transforming
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number of problems were revealed. This analysis is based on the information provided by the case study and addresses four issues. The first section discusses three forms of differentiation and how they are relevant to Mercy Corps. The second section addresses the five different forms of integration in
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Chapter 8 Strategic Management The Importance of Strategic Management 1. __________________ is the collection of managerial decisions and actions that determine the long-run performance of an organization. a. Planning b. Goal-oriented management c. Strategic management d. Leadership (c) 2. Studies of the factors that contribute to organizational performance have shown _____________ relationship between strategic planning and performance. a. no b. a mixed c. a negative d. a positive
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refers to the degree of differentiation that exists within an organization. The three factors that affect complexity are horizontal‚ vertical‚ and spatial differentiation. An increase in any one of these three factors will increase an organizations complexity. As Mrs. Field’s cookies is a simple product business and she is having 500 stores in 37 states. This chain is spatially differentiated widely but it’s not complex enough in terms of vertical or horizontal differentiation. Management information
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the different levels of responsibility in regards to the hierarchy of the company‚ the delegation of duties and the decision making process that is utilized. For business large and small there are three general structure types to consider; vertical‚ horizontal‚ and matrix with each having their own strengths and weaknesses. For most the use of these structures is dependent on the size and complexity of the business and most often a company will incorporate different aspects of two or more structures
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Corporate Strategy: Horizontal Integration‚ Vertical Integration‚ and Strategic Outsourcing SYNOPSIS OF CHAPTER This chapter and Chapter 10 concern corporate-level strategy. This chapter focuses on the different strategic choices that companies make with regard to horizontal and vertical integration. In particular‚ we consider the arguments for and against horizontal and vertical integration and examine strategic alliances and strategic outsourcing as alternatives. In the next chapter‚ the focus
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order to best satisfy customers in the target market. Product Strategy Product differentiation strategy A product strategy identifies that how companies plan to sell their products to the marketplace Product differentiation strategy is more suitable to Healthworks since they have many competing firms in China. HealthWorks and their competing firms offer a product that fulfills the same need. In product differentiation strategy‚ Healthworks’ goal is to put distance between Healthworks’ product and
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