Chapter 1- What is strategy? Strategy- how to do better than your rivals What is the present situation? Where do we want to go? How will we get there? Strategy- doing things differently from rivals- competitive advantage Effectiveness & Efficiency Doing things differently than others either differently providing value Beauty is in the eye of the beholder Efficiently- “don’t care about value- but do it more efficiently Google focusing more on efficiency Sustainable Competitive advantage
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What is language: Language is defined as any body which can be written‚ spoken shown or otherwise communicated between people. It is method of human communication‚ either spoken or written‚ consisting of the use of words in a structured and conventional way. Language is the most complex form of communication. IMPORTANCE OF LANGUAGE language is important because it is a symbolic communication system that is learned instead of biologically inherited. An advantage of human language is that it is
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Introduction to FMCG sector The Indian FMCG sector is the fourth largest sector in the economy with a total market size in excess of US$ 13.1 billion. It has a strong MNC presence and is characterised by a well- established distribution network‚ intense competition between the organised and unorganised segments and low operational cost. Availability of key raw materials‚ cheaper labour costs and presence across the entire value chain gives India a competitive advantage. An average Indian spends
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If you are taking your vehicle in to get the tires aligned for the first time‚ make sure that you brush up on your tire alignment lingo. This will help you understand the condition your car’s alignment is in‚ and what your mechanic did to fix it. The Basics Of Alignment An alignment is a process where the wheels on your vehicle are measured and adjusted in such a manner to ensure that the wear on your tires will be reduced as much as possible. That is not the only benefit of having your wheels aligned
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what is the importance of uniformity ‚dress right dress‚ and discipline in the army? the importance of uniformity is to make everyone become and look equal. there are no differences between us‚ no separation because we are all a team. what is the point of uniformity‚ when a whole platoon is uniformed it shows discipline and being in uniform is one of the things that is part of the foundation of the army. Without uniformity there cannot be discipline‚ and then it turns into a chain reaction and destroying
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Provide outline of the importance of care Health professionals are important people that are involved in decision-making process of service users and really have to consider the importance of the principles of care Autonomy is important because it provides clients with choice and as a health professionals it’s their role to empower the client into realising that they have choices and can make choices based on those choices (Anon‚ N.D.). Choice is important because people want to feel as they are
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Strategic Choice and Evaluation The next phase associated with strategy formulation is the strategic analysis and choice phase of the process. According to Pearce & Robinson (2013)‚ “Business managers examine and choose a business strategy that allows their business to maintain or create a sustainable competitive advantage” (p. 238). Therefore‚ a business such as Spirit Airlines should evaluate their current strategy and determine areas of improvement in order to grow the business in a way
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CASE STUDY: AVOIDING THE ALIGNMENT TRAP IN INFORMATION TECHNOLOGY Executive Summary An alarming pattern has surfaced in that many companies are concentrating on alignment and are finding that their performance is either declining or moving sideways. Companies are focusing on the wrong solutions with respect to their Information Technology problems‚ resulting in severe bottlenecks to growth. Companies need to learn how to break out of the trap and build IT organizations that allow for growth
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procedures covering the implementation of Voice over IP (VoIP) Solution for a fictitious customer. The purpose of this document is to define a VoIP project plan proposal to provide a customer with a comprehensive plan outlining the details‚ stakeholders‚ and time-frames for the defined project scope. I have developed the project plan in conjunction with the customer to identify implementation objectives and priorities. The project plan includes Project Scope‚ VoIP Implementation Plan‚ Dependencies‚ Risk
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Implementation strategy - 1992 Executive Summary: Apple Computer’s implementation strategy in 1992 was to gain market share through the expansion of the Mac business‚ expand into corporate enterprise computing‚ and diversify into related technologies that leveraged Apple’s strengths in software. According to the Executive Management Team (EMT) of John Sculley‚ Michael Spindler‚ and Joe Graziano et. al‚ gaining market share could be done by lowering prices and costs to attract a larger number of
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