Discuss the main reasons for an organization to choose diversification as a strategic direction. When defining strategic directions‚ an organisation needs to analyze the context in which future operations will take place. The decision of entering a new market or to develop new products and services in an existing market needs to be though through focusing on increasing market share and increasing power over suppliers and buyers. Diversification‚ sometimes described as Horizontal intergration
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1. Mommy is in control and a little confused about what to do. Daddy goes along with whatever Mommy says or does. Neither Mommy nor Daddy seem to know what they are doing. Mommy talks more than Daddy. Daddy repeats himself on two occasions. The first time‚ he says‚ "Whatever you say‚ Mommy." The second speech that he repeats is‚ "What do we do now?" These speeches tell us that Daddy does whatever Mommy says and wants him to do. Mommy is in control of their relationship. Mommy and Daddy treat Grandma
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(1) What is the goal of the firm? What are some of the problems involved in the use of profit maximization as the goal of the firm? How does the goal of maximization of shareholder wealth deal with those problems? Maximizing shareholder wealth just means modifying the goal of profit maximization to address the complexities of the operating environment. Shareholder wealth maximization is the best choice for the main goal of a business because the effects of all financial decisions are included
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FORMS OF THEORY ORGANIZATIONS |CLASSICAL ORGANIZATION THEORY | |• Scientific Management approach | |• Weber’s Bureaucratic approach | |• Administrative theory. | |NEOCLASSICAL THEORY | |MODERN ORGANIZATION THEORY | |• Systems approach | |• Socio-technical approach | |• Contingency or Situational approach
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Preprints of the Max Planck Institute for Research on Collective Goods Bonn 2008/7 International Organizations as Corporate Actors: Agency and Emergence in Theories of International Relations Remi Maier-Rigaud MAX PLANCK SOCIETY Preprints of the Max Planck Institute for Research on Collective Goods Bonn 2008/7 International Organizations as Corporate Actors: Agency and Emergence in Theories of International Relations Remi Maier-Rigaud February 2008 Max Planck Institute
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TYPES OF CONTROL IN AN ORGANIZATION Learning Objectives • Define organizational control‚ and describe the four steps of the control process. • Identify the main output controls‚ and discuss their advantages and disadvantages as means of coordinating and motivating employees. • Identify the main behavior controls‚ and discuss their advantages and disadvantages as means of coordinating and motivating employees. • Discuss the relationship between organizational control and change‚ and explain why
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KM process capability and its relevance in an organization. Knowledge Management (KM) can be defined as a deliberate‚ systematic business optimization strategy that selects‚ distills stores‚ organizes‚ packages‚ and communicates information essential to the business of a company in a manner that improves employee performance and corporate competitiveness. KM caters to the critical issues of organizational-adaptation‚ survival and competence in the face of increasingly discontinuous environmental
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SULTAN QABOOS UNIVERSITY Language Center Independent Study Report THE MAIN REASON FOR THE SUCCESS OF CARREFOUR English for Business 1 Section: 30 Teacher’s Name: Dr. Shaukat Ali DATE: 16 December 2012 Acknowledgments We thank all the people who helped us finish this project‚ starting with Dr. Shaukat Ali and Ms. Annette Herzog for their co-operation. Also‚ we would like to thank the students who helped us by filling out the questionnaire. 1 TABLE OF CONTENTS SUBJECT | PAGE | Acknowledgements
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Corporate-level strategy is focused mainly on the decisions over the scope of the firm ’s activities‚ mainly: product scope‚ geographical scope‚ and vertical scope. One of the myths of corporate-level strategy is that strategy formulation can be separated from implementationthat strategy is constructed first‚ then the appropriate management and organizational structure is selected afterwards. Unfortunately‚ this will result in a poorly designed strategy since it does not take into account the
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2.1 Agency Theory‚ Multinational Corporation‚ and Religiosity Over time‚ the raising issue on agency theory where conflict of interest between shareholders who act as the principal and managers who act as the agent has become a big research topic in corporate governance. Fama and Jensen (1983) argue within large and small organizations there is control instrument that deals with the agency problem caused by the separation of ownership and control. The same issue intensifies within multinational
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