2. What is a logistic strategy? 3. Why implement a logistics strategy? 4. What is involved in developing a logistics strategy? 5. What is involved in developing a logistics strategy? 5.1 Strategic 5.2 Structural 5.3 Functional 5.4 Implementation 6. Components to examine when developing a logistics strategy 1. Transportation 6.2 Outsourcing 6.3 Logistics systems 6.4 Competitors 6.5 Information 6.6 Strategy review
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Explain steps required in turnaround strategies. Justify with an example. Emphasis is on speed of change and rapid cost reduction and/or revenue generation. Managers must prioritise things that give quick and significant improvements. Although used interchangeably‚ restructure is different from turnaround. Operational Turnaround The focus is on ways of improving the operation of the business and designed to halt the decline. Strategic Turnaround The focus is on adjusting
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V5 I. On The Basics Final Exam a. Strategic Management‚ evolution and destination. Strategic Management‚ what is this? It is that set of managerial decisions and actions that determines the long-run performance of a corporation. It includes environmental scanning‚ strategy formulation and implementation‚ and evolution and control. The study of Strategic Management helps us to monitoring and evaluating the opportunities and threats of a
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We chose Broad Differentiator as the basic strategy for our company. Through this strategy‚ our company will attempt to differentiate our product line in several distinct dimensions. By providing products that are vastly superior and unique from our competitors and pricing the products affordably‚ we can gain customers’ loyalty and awareness. Since our company’s main focus is premium products we will aim for high contribution margins‚ around 50%‚ on average‚ over all five products. After establishing
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LOCATION STRATEGY/PROCESS STRATEGY 1. The locational factors considered in establishing the establishment. Answer: The preference in building an establishment should be one of the factors that an entrepreneur should be considered. As what I concretely observed in one fastfood restaurant i.e Jollibee Virac‚ the or its location is perfectly planned and planted. I can say that it is in perfect location because (1) it is in the vicinity of the center mall which obviously consumers always go there
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Strategy and the Internet |Published: |April 16‚ 2001 | |Author: |Michael E. Porter | Executive Summary: Don’t throw the strategy baby out with the Internet bath water. In this Harvard Business Review article‚ HBS professor Michael E. Porter urges business planners not to lose focus on strategic development and If average profitability is under pressure in many industries influenced by the Internet‚ it becomes all the more important for individual companies to set themselves
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GENERIC STRATEGIES BEING USED BY PARLE AGRO Parle Agro has started its product line to cater to demands of every customer. It has various packaging schemes and sizes. The various strategies which have helped it to achieve its image after isolation from Parle Products are: Costleadership The companies that attempt to become the lowest-cost producers in an industry can be referred to as those following a cost leadership strategy. Parle Agro has good profits recorded for some of its products like
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CHAPTER 1 THE NATURE OF STRATEGIC MANAGEMENT I. WHAT IS STRATEGIC MANAGEMENT? A. Strategic management can be defined as the art and science of formulating‚ implementing‚ and evaluating cross-functional decisions that enable an organization to achieve its objectives. 1. The term strategic management is used synonymously with strategic planning. 2. The purpose of strategic management is to exploit and create new and different opportunities for tomorrow while long-range planning tries to optimize
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Strategic Management - Questions 1. What are the key success factors for competing in the online restaurant booking industry ? 2. What are the fundamental aspects of Eat2Eat ’s strategy ? Which of the 5 generic strategies do you believe Eat2Eat is pursuing ? Has the strategy evolved since the company ’s conception ? 3. Perform a SWOT analysis for Eat2Eat. 4. What role have strategic alliances played in Eat2Eat ’s success ? What types of partners are most valuable to Eat2Eat
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Agenda 1. Context 2. Business Strategy 3. Generic Compe99ve Strategies 4. Interac9ve Strategies Gesa Chritstin Noelck‚ Miechele Romano 1. Context The Exploring Strategy Model: Gesa Chritstin Noelck‚ Miechele Romano 1. Context Strategic Choices Business Strategy Corporate Strategy International Strategy Innovation Strategy Acquisitions & Alliances Focus: Focus: Focus:
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