Fully discuss/explain the following:
External environmental sources
-Rate of market growth
-Number and type of competitors
-Nature and degree of political/legal constraints
Organization\'s characteristics
-Size
-Age
-Culture
Manager\'s characteristics
-Interpersonal skills
-Tolerance for ambiguity
-Commitment to the firm and its desired strategic outcomes
A. The 3 major categories of factors and 3 sub-categories of factors under each of the 3 major
categories affecting managerial discretion in terms of making decisions and taking actions.
B. From a strategic perspective, why is it important to understand those factors? Be specific.
Solution
Managerial Decision improtantly deals with the decisions manking and appropriately taking
acting actions in the organization to achieve the the targets and goals of the organization.
-It helps the managers to go long way,enables them to take appropriate decisions to handle
situations that gives the qualities of a leader.
-It helps the managers to manintain the balance and take the right decisions which do not lead to
any litigation and also use the resources to the maximum extent
-This managerial discrimination is usually used by the top level mangers like CEO of the
organizations.
-Managerial discremination is the key in goal attainment in the firm level.
FACTORS AFFFECTING THE MANAGERIAL DISCRIMINATION:
-There will be some factors like managerial and evecutive discrimination which affects the firms
while taking the actions on behalf of the the employess if the firms.
-Technological progress has been given a greater visibility to execitive and mangerial practices
as new information technologies have been developed for more clear vision actions to this
unprecedent levels.
-Incerase in the comouter sysytems along with the usage of internet has given the empowermnet
to public to take diciplinary actions against the top level of managers of the firm.
-The best example is when rhe terror attacks occurred in the United States of America which
created the a havoc in the whole world,they have now created a environment where the security
concers have become the most important for the goverment for the sake of the security of the
country,
-Managers has to closley monitor the activities to secure the nation and to keep every individual
safe and also their work place.
-Discretionary decisions are very much important to enable each unit to tailor the broad changes
and make them work collectively.
1..Oraganizational Charecterstics are:
-Size,culture and age of the organization.
-Availability of the resources to carry our their functions in the firm.
-Interaction between the employees to complete the task assinged and attainment of gaols.
2.External Charecterisitcs:
-Industry structure
-Market growth rate
-Type of competitors on the market
-Political and legal issues regarding the firm
- How to upgrade and differentiate their Product from other competitors products.
-Because of all these,Managerail discretion is importa.
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2. The roles and responsibilities of general managers in supervising operations, planning, coordinating functions, and making personal contributions to organizational success.
3. Key aspects of formulating and implementing corporate strategy, including identifying opportunities/threats, assessing strengths/weaknesses, and aligning strategy with personal and societal values.
4. The importance of effective organizational structure, processes, leadership, and strategy implementation for accomplishing organizational purposes.
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Strategies exist at the corporate, business unit, and functional levels and include a company's competitive moves, internal approaches, and action plans. Strategic planning involves analyzing the internal strengths and weaknesses as well as external opportunities and threats, setting objectives, and crafting strategies to guide the organization. Effective implementation of strategies requires consideration of factors like technology, human resources, decision processes, and organizational culture.
This document provides an overview of strategic management concepts including definitions, models, and frameworks. It defines strategic management as identifying and executing a company's strategic plan by matching capabilities with environmental demands. Several strategic management models and frameworks are described in detail, including Porter's 5 Forces model, the GE planning grid, McKinsey's 7S framework, and Boston Consulting Group's growth-share matrix. The levels of strategy and process of strategic management are also outlined.
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This document outlines the key concepts and principles of strategic management. It discusses corporate strategy and why it is important for organizations. Corporate strategy involves commitments, decisions and actions to achieve competitive advantage and above average returns. It allows companies to keep pace with a changing environment, minimize competitive disadvantages, provide a clear strategic vision and goals, motivate employees, and strengthen decision-making. The document also defines strategy and outlines Mintzberg's 5 P's of strategy - plan, pattern, position, ploy, and perspective. Overall, corporate strategy is a comprehensive master plan for how a company will achieve its mission and objectives.
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2. The roles and responsibilities of general managers in supervising operations, planning, coordinating functions, and making personal contributions to organizational success.
3. Key aspects of formulating and implementing corporate strategy, including identifying opportunities/threats, assessing strengths/weaknesses, and aligning strategy with personal and societal values.
4. The importance of effective organizational structure, processes, leadership, and strategy implementation for accomplishing organizational purposes.
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Strategies exist at the corporate, business unit, and functional levels and include a company's competitive moves, internal approaches, and action plans. Strategic planning involves analyzing the internal strengths and weaknesses as well as external opportunities and threats, setting objectives, and crafting strategies to guide the organization. Effective implementation of strategies requires consideration of factors like technology, human resources, decision processes, and organizational culture.
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unit 1 ( BBA 3RD year 6th sem)
Prepared by - Dipankar Dutta
Faculty, Dev Bhoomi Group of Institution Saharanpur
email- dipankarpharma1@gmail.com
The document discusses key concepts in strategic management including:
1) Strategic management involves formulating, implementing, and evaluating cross-functional decisions to achieve organizational objectives.
2) The strategic management process consists of three stages: strategy formulation, implementation, and evaluation.
3) Strategic management requires integrating both analysis and intuition when making decisions under uncertain conditions.
4) Firms must adapt to changes in the external environment and internal capabilities to achieve sustained competitive advantage.
Business policy provides guidelines for decision making within an organization. It defines the scope of decisions that can be made by lower-level managers without consulting top management. Business policy guides an organization's actions through the acquisition of resources and deals with issues that impact long-term organizational success. Effective business policy is specific, clear, reliable, appropriate, simple, inclusive, flexible, and stable. Policy deals with routine activities, while strategy involves strategic decisions that the organization has not previously encountered. Policy is set by top management and guides daily operations, while strategy formulation involves middle management and the methods to achieve policy goals.
This document provides an overview of strategic management. It discusses key concepts like strategy, the strategic management process, and stakeholders. The strategic management process involves defining goals and objectives, analyzing the external and internal environment, selecting strategies, implementing strategies, and providing feedback. Strategies can be intended/planned or emergent/unplanned. The document also discusses stakeholders, strategic choices at different levels, and matching strategy, structure, and controls.
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1. Business policies are guidelines developed by organizations to govern their actions and define decision-making boundaries. They help achieve organizational goals.
2. Business policies cover functional areas like production, marketing, finance, and personnel. They define roles and responsibilities of senior management.
3. Effective business policies are specific, clear, reliable, appropriate, simple, inclusive and flexible to guide organizational activities. They provide long-term direction for organizations.
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This document provides a summary of the book "Essentials of Strategic Management" by David Hunger and Thomas Wheelen. It discusses key concepts in strategic management including environmental scanning, strategy formulation, implementation, and evaluation. Some of the main topics covered include Michael Porter's industry analysis, strategic decision making processes, the roles of corporate governance and social responsibility, and methods for analyzing a company's external environment and internal strengths and weaknesses.
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The document discusses various strategic analysis tools and techniques used to analyze a company's internal strengths and weaknesses as well as external opportunities and threats. It describes Porter's Five Forces framework for industry analysis, which examines the competitive forces that shape an industry and the attractiveness of the industry. It also discusses the SWOT analysis technique for assessing internal strengths and weaknesses and external opportunities and threats. Environmental scanning techniques like ETOP and QUEST are covered, which help identify external factors that may impact a company. The importance of strategic analysis for formulating business strategy is emphasized.
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Give five latest and uncommon research topics in intelligent vehicular networks.
Solution
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2.Routing , Challenges in Security and Navigation Systems
3.Assisted geographic routing in urban environment.
4.Vehicular Wireless Medium Access Control
5.Automotive Electronics and Automatic Control
6.Traffic and Intelligent Transport System in Vehicular Networks
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Give 4 reasons why third world countries have misconceptions about the IMF
Answer: Following are the reasons for third word countries misconceptions about the IMF:.
Georgia works as a florist.She has 93 roses to arrange in vases.Each.pdfammanelectronic
Georgia works as a florist.She has 93 roses to arrange in vases.Each vase holds 6 roses.How
many roses will Georgia have left
Solution
93 roses, 6 roses/vase. 93/6 = 15.5 .5 vases means 1/2 vases. 1/2 vases means she
only has enough to fill half, which means she will have 3 left over roses..
General thoughts on Civil Engineering.I Have a discussion Board on.pdfammanelectronic
General thoughts on Civil Engineering.
I Have a discussion Board on:
Solution
By the first look of the report card I was surprised to see that a developed economy like that of
america has such a bad condition with its infrastructure. Trillions of investment are to be done in
the infrastructure sector to get back in track and salvage the pride of the nation.
The civil engineers have to enlighten the US citizens and law makers about the dire need for
addressing the issues with infrastructure. ASCE has given a D+ in the latest report card and cited
insufficient water ways, roads and urgent maintenance requirement for existing bridges and
dams. The media is the best way to for civil engineers to put forward these issues to the general
public. All the requirements and and consequences are to be showcased with clarity so that the
public and law makers can understand its importance.
The public can be educated about the importance of infra structure and the problems and
disasters they may face if proper investments are not done within time..
George performed a hypothesis test. Luis checked GeorgeSolution .pdfammanelectronic
George performed a hypothesis test. Luis checked George
Solution
I\'m sorry, but I grew up with PEMDAS! Please Excuse My Dear Aunt Sally
Parentheses, Exponents, Multipication AND Division, Addition AND Subtraction (They are
interchangeable) If you take this into account; 6/2(1+2) Parentheses: 1+2 = 3 Exponents:
Obvious there are none. Multipication AND Division: 6 DIVIDED by 2 = 3 Now all you are left
with is 3(3). 3 TIMES 3 is 9!.
Gary and Lakesha were married on December 31 last year. They are now.pdfammanelectronic
Gary and Lakesha were married on December 31 last year. They are now preparing their taxes
for the April 15 deadline and are unsure of their filing status. (You may select more than one
answer. Single click the box with the question mark to produce a check mark for a correct
answers and double click the box with the question mark to select their filling status.
Solution
Please give the complete details of the question to answer..
G1 is the group of 2x2 non-singular matrices under matrix multiplica.pdfammanelectronic
G1 is the group of 2x2 non-singular matrices under matrix multiplication. G2 is the same as G1.
f is defined as f(a,b;c,d)=(a,c;b,d). Either prove f is a homomorphism or provide a
counterexample
Solution
Let A=(1,2;3,1), B=(1,4;5,1). Then T(AB) is not equal to T(A)T(B)..
Galaxy A is moving away from us with a speed of 0.70c relative to th.pdfammanelectronic
Galaxy A is moving away from us with a speed of 0.70c relative to the earth. Galaxy B is
moving away from us in the opposite direction with a relative speed of 0.50c. Assume that the
earth and the galaxies are moving at constant velocities, so they are inertial reference frames.
How fast is galaxy A moving according to an observer in galaxy B?
_______ C
Solution
v=v1-v2=0.7c-(-0.5c)=1.2c.
G. With recent growth in the number of U.S. households wired for cab.pdfammanelectronic
G. With recent growth in the number of U.S. households wired for cable television, major
advertisers are now beginning to show an increased interest in cable advertising. Since its
inception, cable television has offered advertisers relatively inexpensive rates and selective target
audiences. For purposes of comparison, A.J. Bush and J.H. Leigh conducted a content analysis of
television commercials on three major networks, ABC, CBS and NBC, and three of the more
popular well established cable networks, CNN, ESPN and TBS. Once of the variables measured
was the number of advertisements shown during prime time (7:00-10:00) and late night (10:00-
12:00A.A.M.) viewing segments on two weekday evenings during November 2003. The results
are summarized in the table below.
Prime-Time
Late-Night
Totals
MAJOR NETWORKS
ABC
CBS
NBC
94
90
86
69
84
94
163
174
180
CABLE NETWORKS
TBS
CNN
ESPN
66
95
87
47
60
45
113
155
132
TOTALS
518
399
917
Suppose an advertisement is selected at random from advertisements shown on the two weekday
evenings during November 2003. What is the probability that the advertisement selected:
Prime-Time
Late-Night
Totals
MAJOR NETWORKS
ABC
CBS
NBC
94
90
86
69
84
94
163
174
180
CABLE NETWORKS
TBS
CNN
ESPN
66
95
87
47
60
45
113
155
132
TOTALS
518
399
917
Solution
Now this one is... [P(ABC and Late-Night) + P(CBS and Prime-Time)] / Total =
(69 + 90) / 917 = .1734 or 17.34%.
Fundamentals of Corporate Finance Chapter 14 Introduction to Corpora.pdfammanelectronic
Fundamentals of Corporate Finance Chapter 14 Introduction to Corporate Financing
1) Companies use what to forms to raise funds? Provide examples of each.
2) On average which do companies use more debt (loans) or equity (sell common stock)?.
3) What is another source of funding besides debt or equity?.
4) What are example of companies that had high debt ratios and fell into financial distress?
5) What is common stock? Define the associated accounts (Treasury stock, Issued shares, etc).
6) Charles Products has one stock issue in which it sold 10,000 shares to the public at $20 per
share. Fill in the following table Common shares ($1 par value per share) _____________
Additional paid-in capital ___________ Retained earnings _____________ Net common equity
$450,000.
7). What are stockholders entitled to, have control over and have approval on?
8) Describe the voting procedures. Include information on \"super majority\" and proxy voting.
9) What are the different classes of stock? How many classes do most companies have?
10). what is preferred stock? What is its characteristics?
11) Debt comes in many forms. Name and describe some of them.
12). Define prime rate.
13). what is a protective covenant?
14) Why is bundling and selling loans important?.
15) Name and describe two types of convertible securities.
Solution
1) Company can raise funds by issuing the Debt (loans) or issuing the shares or equity on the
financial markets. For e.g. Company X issues $10 million value, 10% coupon, 10 year maturity
Long term Bonds to raise the capital in the bond markets and issue new shares of value $10
million in the capital markets to raise funds in the amount desired of $ 20 million.
2) On an average the companies uses more equity as compared to the bonds because there is no
obligation to pay in equity as is required in the bonds.
3) Preferred share can also be used to raise funds. They provide regular dividends with lower
required return than equity.
4)American Airlines,Eastmen Kodak.
5) A common stock is a security that represents ownership in the organisation which is issuing
this common stock. Treasury stock is common stock repurchased by the issuer and is intended
for retirement or resale to the public. Outstanding shares are the stock being purchased by the
investors and held by them. Issued shares are the stock being issued by the firm and its equal to
the sum of outstanding shares and Treasury stock.
6) Common shares: $10,000
Additional paid-in capital: $190,000
Retained earnings: $450,000-$200,000=$250,000
7) Stockholders are entitled to Dividends in addition they have voting power on major issues in
the firm, have approval in the appointments of the Board of Directors, has right to sue for
wrongful acts..
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Dr. Vinod Kumar Kanvaria
Exploiting Artificial Intelligence for Empowering Researchers and Faculty,
International FDP on Fundamentals of Research in Social Sciences
at Integral University, Lucknow, 06.06.2024
By Dr. Vinod Kumar Kanvaria
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
Main Java[All of the Base Concepts}.docxadhitya5119
This is part 1 of my Java Learning Journey. This Contains Custom methods, classes, constructors, packages, multithreading , try- catch block, finally block and more.
The simplified electron and muon model, Oscillating Spacetime: The Foundation...RitikBhardwaj56
Discover the Simplified Electron and Muon Model: A New Wave-Based Approach to Understanding Particles delves into a groundbreaking theory that presents electrons and muons as rotating soliton waves within oscillating spacetime. Geared towards students, researchers, and science buffs, this book breaks down complex ideas into simple explanations. It covers topics such as electron waves, temporal dynamics, and the implications of this model on particle physics. With clear illustrations and easy-to-follow explanations, readers will gain a new outlook on the universe's fundamental nature.
How to Manage Your Lost Opportunities in Odoo 17 CRMCeline George
Odoo 17 CRM allows us to track why we lose sales opportunities with "Lost Reasons." This helps analyze our sales process and identify areas for improvement. Here's how to configure lost reasons in Odoo 17 CRM
This presentation was provided by Steph Pollock of The American Psychological Association’s Journals Program, and Damita Snow, of The American Society of Civil Engineers (ASCE), for the initial session of NISO's 2024 Training Series "DEIA in the Scholarly Landscape." Session One: 'Setting Expectations: a DEIA Primer,' was held June 6, 2024.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
Fully discussexplain the followingExternal environmental sources.pdf
1. Fully discuss/explain the following:
External environmental sources
-Rate of market growth
-Number and type of competitors
-Nature and degree of political/legal constraints
Organization's characteristics
-Size
-Age
-Culture
Manager's characteristics
-Interpersonal skills
-Tolerance for ambiguity
-Commitment to the firm and its desired strategic outcomes
A. The 3 major categories of factors and 3 sub-categories of factors under each of the 3 major
categories affecting managerial discretion in terms of making decisions and taking actions.
B. From a strategic perspective, why is it important to understand those factors? Be specific.
Solution
Managerial Decision improtantly deals with the decisions manking and appropriately taking
acting actions in the organization to achieve the the targets and goals of the organization.
-It helps the managers to go long way,enables them to take appropriate decisions to handle
situations that gives the qualities of a leader.
-It helps the managers to manintain the balance and take the right decisions which do not lead to
any litigation and also use the resources to the maximum extent
-This managerial discrimination is usually used by the top level mangers like CEO of the
organizations.
-Managerial discremination is the key in goal attainment in the firm level.
FACTORS AFFFECTING THE MANAGERIAL DISCRIMINATION:
-There will be some factors like managerial and evecutive discrimination which affects the firms
while taking the actions on behalf of the the employess if the firms.
-Technological progress has been given a greater visibility to execitive and mangerial practices
as new information technologies have been developed for more clear vision actions to this
unprecedent levels.
-Incerase in the comouter sysytems along with the usage of internet has given the empowermnet
2. to public to take diciplinary actions against the top level of managers of the firm.
-The best example is when rhe terror attacks occurred in the United States of America which
created the a havoc in the whole world,they have now created a environment where the security
concers have become the most important for the goverment for the sake of the security of the
country,
-Managers has to closley monitor the activities to secure the nation and to keep every individual
safe and also their work place.
-Discretionary decisions are very much important to enable each unit to tailor the broad changes
and make them work collectively.
1..Oraganizational Charecterstics are:
-Size,culture and age of the organization.
-Availability of the resources to carry our their functions in the firm.
-Interaction between the employees to complete the task assinged and attainment of gaols.
2.External Charecterisitcs:
-Industry structure
-Market growth rate
-Type of competitors on the market
-Political and legal issues regarding the firm
- How to upgrade and differentiate their Product from other competitors products.
-Because of all these,Managerail discretion is important as the manager shpuld be able to handle
with the charecteristics like:
-Tolerance for the ambiguity
-Self confidence sholud be there.
-Good inertpersonal skills .
-Manager should be commited to the firm.
-Manager should have the good aspiration lavel.
STRATEGIC PERSPECTIVE:
-It is a multifuctional work which involves the working along with other employees.
-It is the ability to maintain flexibility ,anticipate,empower other employees to get the strategic
change.
-It is the consideration of entire frim rather than considering only the sub-unit of the firm.
-It is a mangerial framework of references.
-A top management should be effectively work and also should be able to implent the strategies.
-Top management members will have rights to formulate and implenet the strategies.
-But heterogeous top management with varied expertise will have the knowledge about the
multiple perspectiveswhen evaluating alternative strategies.So,it is very difficult for the
3. heterogeous team to implement the strategies.
-So in strategic Perspective CEO of the firm have the power that they can take decisions ans also
they are one of the Board of Directors also
-CEOs has the long tenure with substantial power
-Selecting internal candidates for the top position helps to bulid a valuable firm
-It helps in determining the strategic decision,exploiting and maintaining the core competencies
-It also helps to increase the human capital,sustaining an effective organizational culture
--Stategic direction helps for the development of the long term vision with strategic intent.
-Executives must help the firm to acheive its vision .
-Stategic leaders must verify the core competencies of the firm regularly and also emphasize on
strategic impementation efforts.
-No strategy can be efficetive unless the firm is able to develope and retain the good people to
carry out.
-Shaping the effective culture is the central task of effective strategic leadership.
-Every job in the firm is equally important.
Team work is important ti aatain success.
-Problems are solved only when team accept the responsilibilty for the solution.
-Stategic prespectives mainly focuses on content of strategic actions rather than the final
outcomes.
