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Critical activities and combinations of activities
Reduce labor costs, close plant and pay down outstanding debt
Activities are strategically important
Addressing customer demands, quality and helping to maintain a low cost structure
Ford's Profit Margins
The analysis of the value chain shows how Ford is taking steps to increase their profitability, by dealing with a host of issues that could have an impact upon quality. This is important, because this is helping to improve Ford's ability to compete and increase their profit margins
Is the company stronger or weaker than key rivals?
Evaluate the company vs. key competitors on key success factors
When you look at how Ford is comparing with key competitors, they are at an impasse. As the company can be able, to take a significant portion of market share from competitors who are beginning to face considerable challenges. A good example of this can be seen with…
Auto Manufacturers. (2010). Yahoo Finance. Retrieved from: http://finance.yahoo.com/q /in?s=F+Industry' target='_blank' REL='NOFOLLOW'>
INTENAL ENVIONMENT ASSESSEMENT JACKSON MEMOIAL HOSPITAL Miami, Florida
Major services/products provided including key technologies
Jackson Memorial Hospital in Miami Florida offers a variety of services and uses state of the art technology. In addition to patient medical services, it also provides educational programs, a clinical research facility and a variety of community service programs. Their list of patient medical services includes the following:
Bloodless Medicine & Surgery
Biscayne Imaging Center
Breast Health Care
Cardiology - Heart & Vascular
Ear Nose & Throat
HIV / AIDS
Mental and Behavioral Health
Neurology & Neurosurgery
yder Trauma Center
Surgical (Perioperative) Services
Other services provided include:
Health Awareness & Education
Injury Prevention, Presentations and Demonstrations
Access and eferrals to…
Hammer, M. & Champy, J. (1993), Reengineering the corporation. New York: Harper Business
Jackson Memorial Hospital (JMH) website, http://www.um-jmh.org/
Jackson, C.A., Pitkin-Derose, K., Chiesa, J. & Escarce, J.J. (2002) Hospital Care for the Uninsured in Miami-Dade County: Hospital Finance and Patient Travel Patterns, Retrieved from http://www.rand.org/pubs/monograph_reports/MR1522/
Picone, G., Chou, S.Y., & Sloan, F. (2002). Are for-profit hospital conversions harmful to patients and to Medicare? RAND Journal of Economics, 33(3),507-523.
The two major differences that appear to impact exact replication seem to go to the very nature of nonprofits. The accountability of nonprofits is one of a zero sum game. Although balance sheets should always zero out, profit and loss statements for nonprofits are also a zero sum or loss figure. The logic here, as opposed to the private sector, is that a nonprofit showing profit means that the funding sources gave too much money and that during the next budget submittal, their grant size could possibly be reduced. Showing a loss is a positive incentive at these agencies in some respect. This will show that the agency cannot operate without more funding. The mindset is often just the opposite in for-profits and the strategic planning a long-term objective for finance certainly needs to be adjusted.
The other factor is the social service nature of nonprofits. This pervades not only…
Crittenden, W.F., & Crittenden, V.L. (2000). Relationships between Organizational
Characteristics and Strategic Planning Processes in Nonprofit Organizations. Journal of Managerial Issues, 12(2), 150
Internal Environment Assessment
External and Internal Environments
The purpose of this paper is to analyze the external and internal environment of McDonald's in the light of general environmental forces (social and demographical forces and economic forces), competitive environment (rivalry among existing competitors and the bargaining power of customers), internal strength and weaknesses, and external opportunities and threats. The paper also analyzes the company's core competencies, resources, capabilities, and value chain which have helped it in becoming the top market leader in the Global fast food industry.
McDonald's is the world's leading fast food restaurant chain with more than 34,000 outlets and fast food restaurants in 119 countries. It is an American multinational corporation headquartered in Oak Brook and business operations in all the six operating regions of the world. McDonald's serves more than 69 million customers every day -- a fact which speaks about the success of this large scale corporation in…
About McDonald's, (2011). Sustainability Scorecard. Retrieved on May 6th, 2013, from
Blythe, J., & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall
Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2011). Strategic Management: Competitiveness & Globalization - Concepts, 9th Edition. Mason, OH: South-Western Cengage Learning
Jenny, M., & Scammon, D.L. (2010). Principle-Based Stakeholder Marketing: Insights from Private Triple-Bottom-Line Firms, Journal of Public Policy & Marketing, 29 (1): 12-26
EXTENAL AND INTENAL ENVIONMENT-CATEPILLA INC.
External and Internal Environment
Caterpillar: General Environment
Supplier power: Medium
Buyer power: High
Addressing the competitive forces
External threats and opportunities
esources, capabilities, and core competencies
How Caterpillar leverages resources
Vlaue chain analysis for improvement
The external and internal environment of an organization significantly impacts the firm's performance and its ability to compete within the respective industry to which it belongs. Whereas internal environment is important in context of enhancing firm's performance, it is the external environment that impacts the firm's ability to stay competitive in the industry. This paper is aimed at describing the internal as well as external environment of a corporation and position within its own industry sector. Themes such as how the specific firm anticipates threats in external environment and how it leverages upon internal capabilities will also be highlighted. esource materials will…
Bloomberg. (2013). Caterpillar Inc. CAT: U.S.. Bloomberg. Retrieved from: http://www.caterpillar.com/investors/financial-information
Caterpillar. (n.d.). Advisor Comments: 2010 Sustainability Report. Retrieved from: http://www.caterpillar.com/cda/layout?m=389975&x=7&id=2646152
CAT Form 10-K. (2012). CATERPILLAR Form 10-K. Washington D.C: Securities and Exchange Commission. Retrieved from: http://www.sec.gov/Archives/edgar/data/18230/000001823013000075/cat_10-kx12312012.htm#s8E2DA65E1985D0FC40606A099A36A029
Caterpillar Inc. (n.d.). Welcome to the Caterpillar Worldwide: About Caterpillar Inc. Retrieved from: http://www.cat.com/cda/components/fullArticleNoNav?m=76100&x=7&id=285577
Coach's mission statement is found on the company's website, a surprisingly good source for information about the company. The mission statement is: "Coach seeks to be the leading brand of quality lifestyle accessories offering classic, modern American styling." Coach does not elaborate on overall business objectives, but in a general sense it is safe to assume increasing revenue, increasing profit and increasing market share are all on the list.
Coach's brand is its most unique asset, and the elements that back up that brand also contribute to competitive advantage. The company has established itself as a leading luxury goods provider, especially for its handbags. The Coach name is widely recognized as a leading luxury brand, and that allows it to launch new products and enter new markets, gaining acceptance right away. The brand has been ranked as the #7 retail brand in the United States…
Berfield, S. (2009). Coach's Poppy line is luxury for recessionary times. Business Week. Retrieved April 8, 2012 from http://www.businessweek.com/magazine/content/09_26/b4137040272361.htm
Burkitt, L. (2011). Coach hitches its wagon to China. Wall Street Journal. Retrieved April 8, 2012 from http://online.wsj.com/article/SB10001424052970204517204577043701556706074.html
Coach.com (2012). Company information. Coach.com. Retrieved April 8, 2012 from http://www.coach.com/online/handbags/genWCM-10551-10051-en-/Coach_US/CompanyInformation/InvestorRelations/MissionStatement -
Interbrand. (2012). Best retail brands 2012. Interbrand. Retrieved April 8, 2012 from http://www.interbrand.com/en/BestRetailBrands/2012-Best-Retail-Brands.aspx
Glaxo SmithKline is a British pharmaceutical company based in London. The company was formed by the successive mergers of a number of pharma companies, the most recent being Glaxo Wellcome and SmithKline Beecham. The current company is jointly listed on the London and New York Stock Exchanges under the ticker symbol GSK.
There are several components to the external environment of a business. These include the political/legal/regulatory environment, the economic environment, the competitive environment, external demand drivers and the technological environment (Anderson, 2013). Of these, the two most important to Glaxo are the political/regulatory environment and the external demand drivers. The political/legal/regulator environments are linked as one because it is the politicians who are the drivers of the legal and regulatory environments; though there are some distinctions between them, they are linked. This environment is particularly challenging for a multinational pharmaceutical firm, because governments define the terms of…
Anderson, A. (2013). Five components of an organization's external environment. Houston Chronicle. Retrieved November 1, 2013 from http://smallbusiness.chron.com/five-components-organizations-external-environment-17634.html
Glaxo SmithKline 2012 Annual Report. Retrieved November 1, 2013 from http://www.gsk.com/content/dam/gsk/globals/documents/pdf/GSK-Annual-Report-2012.pdf
Medicaid.gov. (2013). Federal upper limits. Medicaid.gov. Retrieved November 1, 2013 from http://www.medicaid.gov/Medicaid-CHIP-Program-Information/By-Topics/Benefits/Prescription-Drugs/Federal-Upper-Limits.html
Porter, M. (2008). The five competitive forces that shape strategy. HBR Magazine. Retrieved November 1, 2013 from http://hbr.org/2008/01/the-five-competitive-forces-that-shape-strategy/
Internal Environment Analysis
Strategic Plan Part 2: Internal Environmental Analysis
Strategic planning is informed by both the organization's external and internal environments. Internal factors are particularly important drivers of an organization's strategic direction. Among other internal factors, management and employee competencies, organizational culture and structure, product portfolio, and financial performance significantly influence the strategic decisions an organization makes (Hill & Jones, 2012). This text provides an internal environment analysis of WEX Inc., a payment processing and information management services firm with operations in the U.S. and beyond. The text particularly focuses on the most important strengths and weaknesses for the organization and its competitive position in the payment processing industry.
Important Strengths, Weaknesses, and Internal Environment Factors
WEX was established in 1983. More than three decades in operation means that the organization boasts fairly extensive operational experience in the payment processing industry, a major strength for the company. Over the…
Hill, C., & Jones, G. (2012). Essentials of strategic management. 3rd ed. Boston: Cengage Learning.
King, R. (2015). Visa: the world's largest payments processor. Retrieved from: http://marketrealist.com/2015/06/visa-worlds-largest-payments-processor/
WEX Inc. (2015). 2015 WEX Inc. Annual Report.
Business Strategy -- Kudler Fine Foods
As companies grow a build customers bases and increase services to meet these demands there is a need to enhance information technologies to continually "Strategic management involves major decisions, business choices and actions that chart the course of the entire enterprise" (Gomez-Mejia et al., p 156). The undertaking of strategic planning is usually the responsibility of executive staff of a company and in this case consists mainly of owner Kathy Kudler. She, in fact hired an intern to help her to create Kudler Fine Food strategic plan. Kudler Fine Foods focus is to enhance and grow utilizing the initial concepts of the gourmet food store. Because her concepts consists of overall control of customer service, hiring of company staff and ordering of products the growth is emanate, but a strategic plans is necessary in order to meet the changes in business needs. This paper…
Gomez-Mejia, Luis R. Balkin, David B. (2002). Management Strategy and Decision Making. The McGraw Hill Companies.
Kudler Fine Foods Virtual Organization. Retrieved January 3, 2011. University of Phoenix rEsource, MBA-502 course material.
Turban, Efraim. Rainer, R. Kelly. Potter, Richard E. (2003) Introduction to Information
Technology. New York: John Wiley and Sons Inc.
Internal Analysis SWOT Analysis
esource-Based View (BV) analysis in Kraft Foods Company
esources in Kraft Foods Company
Kraft Foods Company has an advance of physical resources. These resources are meant for production and creation of a sustainable environment of productivity. Within the notion of productivity, Kraft Foods Company benefits from the resources since they offer the company a positive strength or capability to perform in the market. Increase in the amounts of resources translates to increase in productivity within the organization. Therefore, fullness of resources within the company has fostered its existence and strength of productivity in the market. Physical resources are the tangible facets that are used in production. For instance, the company relies on manufacturing structures, tools, and transportation mechanisms like trucks. These tangible resources are of immense assistance when it comes to productivity within the organization.
The physical resources give the company strength of productivity.…
Henry, A. (2007). The Internal Environment: A Resource-Based View of Strategy.
Understanding Strategic Management. Oxford University Press. Retrieved on November 6, 2012 from http://www.oup.com/uk/orc/bin/9780199288304/henry_ch05.pdf
The Value Chain. (2007). Retrieved on November 6, 2012 from:
Kaplan vs. Porter
The author of this report has been asked to compare and contrast two very popular models when it comes to strategic business decisions and the management involvement surrounding the same. One of those two approaches is the work of Kaplan and Norton while the other is that of Porter. Kaplan and Norton had a "notion," per the assignment parameters, of a strategic management system while Porter's work as come to be known as the Five Forces. The two frameworks are similar in some ways but they are also very different in other ways. This brief report shall compare and contrast the two approaches in several ways so as to reveal what makes them different and what makes them the same. While the two approaches being compared and contrasted in this report are different, they are both aligned toward the same overall goal and are centered on the…
MindTools. (2016). Porter's Five Forces: Assessing the Balance of Power in a Business Situation. Mindtools.com. Retrieved 18 March 2016, from https://www.mindtools.com/pages/article/newTMC_08.htm
SASB. (2014). Sustainability and the Five Forces Model. Sustainability Accounting Standards Board. Retrieved 18 March 2016, from http://www.sasb.org/five-forces/
VBM. (2013). Summary of Strategy Maps - Kaplan Norton. Abstract. Valuebasedmanagement.net. Retrieved 18 March 2016, from http://www.valuebasedmanagement.net/methods_strategy_maps_strategic_communication.html
Analysis of California Pizza Kitchen Strengths and Weaknesses
California Pizza Kitchen has been able to rise above the difficult economic conditions in their largest markets by concentrating on the most strategically important process areas first. At the center of their strengths, the chain has is the ability to support their global brand with a unique, branded dining experience (Fair Disclosure Wire, 2010). Creating the integration between a restaurant's global brand and having the dining experience support and accentuate the brand's messaging and value is elusive and yet very profitable (McCaw, 2009). This is the greatest strength that California Pizza Kitchen has been able to attain in its history including its growth across geographies.
The second greatest strength of the company is its ability to continually create unique food entrees and continually keep the in-restaurant dining experience new and exciting even for the most loyal customers. This ability to create a…
Dasu, S., & Chase, R.. (2010). Designing the Soft Side of Customer Service. MIT Sloan Management Review, 52(1), 33-39.
Event Brief of Q2 2010 California Pizza Kitchen Earnings Conference Call - Final. (5 August 2010). Fair Disclosure Wire
Monica Hanefors & Lena Mossberg. (2003). Searching for the Extraordinary Meal Experience. Journal of Business and Management, 9(3), 249-270.
McCaw, B. (2009, September). Brand Licensing. The Licensing Journal, 29(8), 23-26.
This study demonstrates that different total P. fraction releases may differ between two bodies of water under similar oxygen conditions (Kisand & Noges, 2003). This study is important in that it highlights the complexity of understanding P. fractions in any given body of water. There are a multitude of potential reactions in any body of water. Oxygen plays a role in the reactions of any individual lake, but one cannot make predictions based on oxygen level alone.
Shallow lakes differ from stratified lakes in many ways. A stratified lake typically reaches equilibria in such a manner that it becomes divided into regions. This is not the case with shallow lakes. With a shallow lake, the entire lake may change from clear water to macrophyte dominated to algae dominated, each phase has its own state of equilibrium (Dokulil & Teubner, 2003). Total chlorophyll to phosphorus ratios are different in these various…
Burger, D., Hamilton, D., Pilditch, C., & Gibbs (2007).Benthic nutrient fluxes in a eutrophic polymictic lake. Hydrobiologia. 584, 13-25.
Dokulil, M., & Teubner, K. (2003). Eutrophication and restoration of shallow lakes - the conceptof stable equilibria revisited. Hydrobiologia. 506-509, 29-35.
Farmer, J., Bailey-Watts, a., Kirika, a., and Scott, C. (2006).
Aquatic Conservation: Marine and Freshwater Ecosystems. 4 (1): 45-56.
Presently, the ed Line consists of three segments Downtown LA, Wilshire Center and N. Hollywood and the total coverage is 17.4 miles. Apart from this, the review identified the possible financial and schedule risks. It was inferred that the cost and completion schedules were justified; however funding risks were present for the North Hollywood segment. Apart from that, MTA's overall finances and the operating budget shortfalls might impact the ed Line. Therefore it was recommended that FTA need MTA to keep its finance plan up-to-date and to clearly find out and make priority in its different capital and operating costs revenues by source, and the specific revenues which are to cover specific costs. FTA approved the recommendation. Finally the report concluded that the ecovery Plan's 7-year projections of revenues and costs can be supported and were justified. Nevertheless MTA would be encountering a deficit of $1.1 billion. ("Transportation Investment Projects…
Albrecht, Steven. (1996) "Crisis management for corporate self-defense." American
Management Association, New York.
"Case Study: Washington Metropolitan Area Transit Authority (WMATA) District of Columbia" pp: 39-48. Retrieved 10 May, 2007 from http://www.cutr.usf.edu/security/documents/UCITSS/WMATA.pdf
Gibbs, Michael. (2002, October) "Home on the Page: Retail Burglary" Security
internal business process perspective balanced scorecard turns attention aspects organization's operations possibility direct control managers employees. Here a summary approach: Niven, P. (N.D.) Internal Process perspective.
The balanced scorecard at the Duke Children's Hospital
The change process at Duke Children's Hospital was decided upon as the healthcare institution faced severe challenges. Its operational costs were increasing while its revenues were decreasing. Issues had been raised about eliminating specific programs and reducing the palette of services offered. The levels of productivity on the part of the staff members were decreased, as was their satisfaction and the satisfaction of the patients.
In addressing these issues, the managerial team at the hospital focused on the integration of the clinicians and administrators in a strategic manner, with the aid of the balanced scorecard. As a result, the revenues increased and the net margin of the hospital increased by $15 million. Employee satisfaction also increased…
Meliones, J.N., Ballard, R., Liekweg, R., Burton, W., 2001, No mission No margin: It's that simple, Journal of Health Care Finance, Vol. 27, No. 3
Balanced scorecard basics, The Balanced Scorecard Institute, http://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/55/Default.aspx last accessed on August 4, 2011
The market is assumed to have perfect information to the price is assumed to reflect all publicly available information. As such, credit ratings or bond yields provide insight into how the market views this company, based on all publicly available information.
There is no guarantee that any source is going to have the information you seek. Indeed, once could waste a lot of time, especially if one is determined to hunt down unique sources of information for each competency and capability. Most of this information can be found from the top 2-3 sources; other sources may not be entirely superfluous but the researcher must understand that there is a point of diminishing returns with respect to most sources in the library or Internet. A search of an academic database can take hours to yield two useful articles, neither of which sheds any more light than what can be found on…
Brown, T. (2009). Corporate innovation at Southwest Airlines: An interview with Herb Kelleher, founder and former chair & CEO. Business Horizons. Vol. 52 (5) 409-412.
Weiss, D. & Maher, M. (2009). Operational hedging against adverse circumstances. Journal of Operations Management. Vol. 27 (5) 362-373.
ATW. (2009). Southwest reaches tentative deal with pilots, adds three routes at DEN. Air Transport World (Online edition). Retrieved May 15, 2010 from http://atwonline.com/airports-routes/news/southwest-reaches-tentative-deal-pilots-adds-three-routes-den-0309
Under Armour is a worldwide company that produces performance sports apparel. In an environment where people are always looking for the "latest and greatest," a company with a high-tech and unique product can certainly flourish. In the world of athletics there is a desire for quality products that improve performance. Additionally, local and younger athletes look towards professional athletes to set the trend as far sports apparel, equipment and accessories are concerned. The technology used in the Under Armour products is new, and has potential to change for the better as technology changes. A wide range of athletes are looking for this type of performance gear, so products need be either very specialized or appeal to multiple demographics. There is a huge market not only in the United States, but in all parts of the world where an emphasis on athletics is prevalent. While these products are not traditionally…
A major objective of the custodial Financial reporting system is to be continuously and accurately responsive to regular and ad hoc requests for custodial financial reports" (Website of the Internal evenue Service, 2008).
The new information system has not been entirely implemented in the meaning that it still in the stages of control and testing. Once its implementation has been completed, the FMIS is expected to perform the following tasks:
Support the financial audit conducted by the General Accountability Office
Prepare the financial statements of the Internal evenue Service
Prepare reports for trending on operational impact
Feed the BPMS (the Business Performance Management System), the CCW (Compliance Data Warehouse) and the CAP (Custodial Accounting Project)
etrieve the information necessary for the Federal Payment Levy Program (FPLP), and finally
Analyze and report on modules with credit balances belonging to frozen credit processes (Website of the Internal evenue Service, 2008)
Johnson, S., 2008, GAO to IRS: Get Control of Yourself, CFO, http://www.cfo.com/article.cfm/12592210?f=searchlast accessed on December 10, 2008
Website of the Internal Revenue Service, http://www.irs.govlast accessed on December 10, 2008
Website of the U.S. Government Accountability Office, http://www.gao.gov/last accessed on December 10, 2008
d.). It has been estimated that in the Midwest, where infestation levels have been notoriously high, that "hundreds of millions of dollars in maintenance and damage repair" have been direct consequences of zebra and quagga mussel invasions (Arizona Game and Fish Department, n.d.). There are as many as 10 trillion quagga and zebra mussels in the Great Lakes today (National Wildlife Federation, n.d.).
Based on what is known about zebra and quagga mussels, it is hypothesized that their populations can be reduced using systematic methods of cleaning boats and monitoring local and especially man-made waterways. It has been shown that man-made waterways such as canals can act as "superhighways" particularly conducive to the rapid spread of the quagga and zebra larvae (National Wildlife Federation, n.d.). Ballast water regulation has been shown to be an effective preventative measure, but it is not the only means by which to curb the growth…
Aquatic Invasive Species of Pennsylvania (n.d.). Retrieved online: http://www.pserie.psu.edu/seagrant/ais/watershed/mussel.htm
Arizona Game and Fish Department (n.d.). Quagga mussels. Retrieved online: http://www.azgfd.gov/h_f/zebra_mussels.shtml
National Wildlife Federation (n.d.). Invasive mussels. Retrieved online: http://www.nwf.org/Wildlife/Threats-to-Wildlife/Invasive-Species/Invasive-Mussels.aspx
It helps keep the employees motivated and involved when information is shared with them as and when the need arises. It is also critical to bear in mind that messages must be exchanged and delivered in a timely fashion. Sharing the facts that the entire world already knows is a surefire way of losing employees' trust. Stale information is of no use to the stakeholders and usually results in greater mistrust and friction. However for timely delivery of information, senior management or whoever is responsible for transferring information from one end to another must avail all forms of communication including:
Face-to-face meetings, Voicemail and email messaging, Brochures, pamphlets etc. Apart from time, another thing that must be kept in view is the content of messages or information delivered to employees. Messages must be clear and consistent at all times. Brown adds, "Make sure messages are clear, consistent and credible. While…
Gordon, Gloria the state of internal communication - three views. (Panel Discussion) Publication: Communication World; Date: 03/01/1998;
Geddie, Tom B. Internal communication: a model for the future Publication: Communication World; Date: 01/01/1995;
David Brown in DEPTH: Business STRATEGIES: Internal communications should be of vital importance to any business the Business Review (Albany) - August 19, 2002
This population of aging, having had just one child, will rely upon society as a whole to care for them, instead of an extended family as was once traditionally and culturally the case.
The Rural Subsistent Dwellers
Evidenced by the lower income figures reported widely, China's rural farming populations have perhaps been the hardest hit by the One Child Policy. here ancient traditions and customs once dominated the way of life in the rural areas, China's reform policies, especially that one limiting One Child per family, have long impacted the rural way of life and productivity in China (Diamant, Neil, 2000, 93). here families that farmed once had children, sometimes numerous children, and those children helped to farm and bring in productive crops that could sustain the family, with the results of the family's labors far reaching and providing a source of income as well; since the One Child Policy…
Diamant, Neil J. Revolutionizing the Family: Politics, Love, and Divorce in Urban and Rural China, 1949-1968. Berkeley, CA: University of California Press, 2000. Questia. 28 Apr. 2009 .
England, Robert Stowe. Aging China: The Demographic Challenge to China's Economic Prospects. Westport, CT: Praeger, 2005. Questia. 28 Apr. 2009 .
Peerenboom, R.P. Law and Morality in Ancient China: The Silk Manuscripts of Huang-Lao / . Albany, NY: State University of New York Press, 1993. Questia. 28 Apr. 2009 .
External and Internal Environments for Amazon
External and Internal Environments
Two segments of the general environment
Everything being equal, it is the primary objective of any company or business to gain a bigger market share, grow, affect its bottom line, and be successful. In order for the business to accomplish its goals, the business should deal with all its stakeholders who include suppliers, employees, shareholders, customers, competitors, and society. A business will encounter stiff competition in all its market be it locally or internationally for it to achieve its objectives and goals. For a business to gain competitive advantages over its rivals within the industry, it must be able to understand the present and predict future trends. The business should also take into consideration the internal and external environments of the business industry, which will impact the business activities directly and indirectly. Jeff Bezos founded Amazon, which is the world's…
Chu, C.-P., Guo, W.-C., & Lai, F.-C. (2012). On the competition between an online bookstore and a physical bookstore. NETNOMICS: Economic Research and Electronic Networking, 13(3), 141-154.
Hitt, M., Ireland, R.D., & Hoskisson, R. (2012). Strategic management cases: competitiveness and globalization. Stamford, CT: Cengage Learning.
Ritala, P., Golnam, A., & Wegmann, A. (2014). Coopetition-based business models: The case of Amazon. com. Industrial marketing management, 43(2), 236-249.
Rothaermel, F.T. (2013). Strategic Management: Concepts: McGraw-Hill Irwin.
In addition to these factors,
Microsoft also has to contend with challenges to its core business of
personal productivity applications from a wide variety of competitors.
Internally, Microsoft's environment is hard-driving, very focused on
development schedules, and has a definite intensity of focus. The internal
environment is dominated by engineering expertise and depth of insight over
and above work-life balance, an issue the company has struggled with for
years. In addition the internal environment is dominated by managers who
have been promoted based on their technical prowess and not necessarily
their management ability. This makes for a tense yet very focused internal
culture where accomplishment is everything. As a result the company's
internal environment is not necessarily marked by a work-life balance;
instead it is a culture that rewards technical insight, intelligence and
DataMonitor (2006) - Microsoft Corporation Company Profile. Publication
Date 5 April 2006. eference Code: 1103…
DataMonitor (2006) - Microsoft Corporation Company Profile. Publication
Date 5 April 2006. Reference Code: 1103
Greene (2005) - Troubling Exits at Microsoft. Business Week Online.
September 26, 2005. Accessed from the Internet on January 18, 2007 from
Effect of External and Internal Environment
Organizations have both an internal and external environment. To begin with, the forces or circumstances within the borderline of the organization are the components of the internal environment. Notably, the internal environment comprises for the most part of the owners, employees, board of directors, stakeholders, and the corporate culture. On the other hand, factors that are extrinsic to the organization are the components of the external environment. It is imperative to note that these are elements that the organization bears no control of as they impact the entire the industry and therefore the organization cannot influence how such aspects will shape up (Nieuwenhuizen, Badenhorst-Weiss, and Rossouw, 2008). On the other hand, factors within the internal environment are those that the organization can control and have an effect on how they will turn out to be. The external environment is categorized into the general…
The financial manager's role is to understand the impact that different internal and external factors will impact the company's ability to achieve its financial and market objectives. The macroeconomic environment has both direct and indirect effects on the company. The major macroeconomic variables such as inflation, interest rates, unemployment, GDP, and exchange rates can all directly influence the financial performance of the company. But these variables also impact on things like government policy, so there are indirect impacts on financial performance as well, and the financial manager also needs to understand these.
The main tool that financial managers use are complex financial models. These models seek to illustrate the impact that different variables have on the company – both internal and external variable. Forecasts are created using different macroeconomic and market variables, and these forecasts can highlight a range of different financial conditions, along with the expected impacts…
Canine Behavior: Genetics vs. Environment
The debate over nature vs. nurture as it applies to learning dates back over a hundred years. Certainly, during much of the 20th century, the distinction between learned and inherited behavior appeared much clearer than it does today. The concept that any type of behavior was either learned or merely developed without learning seemed a rationale and straightforward belief. esearch based on these expectations caused some scientists to conclude that rat-killing behavior among cats, for example, is a learned behavior rather than an instinctive one, that human fears are all acquired, or that intelligence is completely the result of experience. Learning theorists were arguing at this point that most behavior is learned and that biological factors are of little or no importance. The behaviorist position that human behavior could be explained entirely in terms of reflexes, stimulus-response associations, and the effects of reinforcers upon them…
Ader, R., Baum, A., & Weiner, H. (1988). Experimental foundations of behavioral medicines: Conditioning approaches. Hillsdale, NJ: Lawrence Erlbaum Associates.
Black, A.H., Solomon, R.L., & Whiting, J.W.M. (1954, April). Resistance to temptation as a function of antecedent dependency relationships in puppies. Paper presented at the Eastern Psychological Association meeting, New York. In American Psychologist, 9, 579.
Brush, F.R., Overmier, J.B., & Solomon, R.L. (1985). Affect, conditioning, and cognition: Essays on the determinants of behavior. Hillsdale, NJ: Lawrence Erlbaum Associates.
Dogs and People: The History and Psychology of a Relationship. (1996). Journal of Business Administration and Policy Analysis, 24-26, 54.
These different elements show the overall nature of possible threats that could be facing a variety of organizations and how to mitigate them. This is important, because given the rapid changes in technology and the way various threats could occur, requires all entities to be watchful of different situations. Where, those who implement such strategies will be able to adapt to the various challenges that they are facing in the future; by understanding the nature of the threat and how to address it. Over the course of time, this will help to keep an organization flexible in addressing the various security issues, as the approach will require everyone to remain watchful and understand new threats that could be emerging. This will prevent different weakness from being exploited, by knowing where they are and then fixing them.
Safety, Security, and Physical Plant Systems. (n.d.)
eaver, K. (2010). Introduction to Ethical…
Safety, Security, and Physical Plant Systems. (n.d.)
Beaver, K. (2010). Introduction to Ethical Hacking. Hacking for Dummies. Hoboken, NJ: Wiley. 11.
Gallagher, M (2008). Security Tools and Methods. Cyber Security. Cheltenham: Elger. 45 -- 46.
Meyers, M. (2007). Malicious Software. Mike Myers A + Guide. San Francisco, CA: McGraw Hill. 18.
Internal Supply Chain at a Local McDonald's
Description of the company from an Australian market perspective, the products offered in the store visited, and the supply chain in which the store operates
The Australian McDonald's corporate Web site indicates that the company opened its first restaurant in an Australian suburb in 1971 and there are currently almost 800 McDonald's restaurants throughout the country, employing approximately 85,000 people (About us 2011). Although Australian McDonald's typically feature a majority of the standard fare offered at the company's restaurants around the world, some also feature regional specialties as shown in Table 1 below.
epresentative products from a Sydney-based McDonald's restaurant
Boston deli bagel
NYC benedict bagel
Bacon and egg McMuffin
Bakehouse brekkie roll
osti brekkie wrap
Baked fruit pies
Various "combo" meals
Various family "dinner box" meals (available…
'About us.' (2011) McDonald's Australia. [online] available: http://mcdonalds.com .au' target='_blank' REL='NOFOLLOW'>
Internal Supply Chain Management
ABOUT HAVEY NOMAN
Harvey Norman is a large scale retail chain owned and operated by Harvey Norman Holdings Ltd. It is one of the most successful retailers in the Australian region. It promotes and sells all kinds of consumer products of world's top quality brands. The major product lines include personal computers, cameras, gaming, mobile phones, audio and video players, home appliances, furniture & bedding, gifts, home decoration and interior designing, fitness machines, leisure, etc. Headquartered in New South Wales, New Zealand, Harvey Norman operates with more than 230 stores in Australia, New Zealand, Ireland, Malaysia, Croatia, Singapore, Slovenia, and Northern Ireland. It was established in 1982 by Gerry Harvey and Ian Norman. The holding company, Harvey Norman Holdings Ltd. has also franchised a number of retail chains in Australia; including Space Furniture, Joyce Mayne, Ariston Appliances, Domayne, etc.
Harvey Norman has a wide…
Agrawal, N., & Smith, S.A. 2009, Retail Supply Chain Management, Quantitative Models and Empirical Studies, International Series in Operations Research & Management Science, Vol. 122. U.S.: Springer
Bamford, D., & Forrester, P. 2010, Essential Guide to Operations Management: Concepts and Case Notes. U.S.: John Wiley and Sons
Blythe, J., & Megicks, P. 2010, Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall
Boyer, K.K., & Verma, R. 2009, Operations and Supply Chain Management for the 21st Century. U.S.: Cengage Learning
internal validity and external validity are important when designing, implementing, and reviewing empirical research. Internal validity refers to the design of the research and its methodology. Issues like sampling, statistical analyses, robustness of the variables, survey instruments, and researcher bias can impact internal validity. With regards to my research question, internal validity is of the utmost importance. The independent variables in this case include two different types of interventions: bloodless cardiac surgeries and blood transfusions. However, it is important to operationalize these two independent variables so that the researchers are clear on what exactly constitutes a bloodless surgery and a blood transfusion. Moreover, issues like hospital setting must be taken into account as a potentially confounding variable. When, where, and how these procedures are implemented can all have a bearing on the internal validity of the research design.
Likewise, the dependent variables are morbidity and mortality in patients. It is…
"Internal Validity," (n.d.). Retrieved online: http://www.indiana.edu/~p1013447/dictionary/int_val.htm
Osborn, D.R. (n.d.). External validity. Retrieved online: http://cas.bellarmine.edu/Osborn/hypertut_piv/external_validity_is_concerned_w.htm
Shander, A., Moskowitz, D. & Rijhwani, T.S. (2005). The safety and efficacy of 'bloodless' cardiac surgery. Seminars in Cardiothoracic and Vascular Anesthesia 9(1).
Whitson, B.A., Huddleston, S.J., Savik, K. & Shumway, S.J. (2007). Bloodless cardiac surgery is associated with decreased morbidity and mortality. Journal of Cardiac Surgery 22(5): 373-8.
Environment Influences the Body Plan of Organisms
The distinction between adiata and Bilateria, or organisms with a radial or bilateral symmetry, is that the latter have a dorsal/ventral polarity resulting in bilateral body axes (reviewed by Martindale and Henry, 1998). By comparison, species with radial symmetry, the adiata, have a single anterior/posterior axis in their body plan and no dorsal/ventral polarity. Another general distinction is the presence of three germ layers in the Bilateria, which are the endoderm, ectoderm, and mesoderm. These three pluripotent cell types will give rise to organs and internal epithelial layers, skin and nervous tissues, and muscle and connective tissues, respectively.
ole of Environment
adiata contain a digestive tract that is perpendicular to radial structures (reviewed by Martindale and Henry, 1998). For example, the cnidarians have a mouth that is surrounded by radial pattern of tentacles. After the food enters the mouth, it collects in a…
Martindale, Mark Q. And Henry, Jonathan Q. (1998). The development of radial and biradial symmetry: The evolution of bilaterality. American Zoologist, 38, 672-684.
Yoshimura, Kazuya and Motokawa, Tatsuo. (2010). Bilaterality in the regular sea urchin Anthocidaris crassispina is related to efficient defense not to efficient locomotion. Marine Biology, 157, 2475-2488.
(Colorado Department of Human Services (CDHS), 2011)
Even though, the services provided by the Colorado division of child welfare are of satisfactory quality but there are certain areas on which the Colorado division of child welfare has to work in order to enhance the quality of its programs and services. The Colorado division of child welfare shall opt for a more facilitated and properly administered organizational structure as this would enable the management to work in a more effective and efficient manner. (Policy Studies Inc., & American Humane, 2009)
The Colorado division of child welfare shall also work on properly assigning the responsibilities to the staff members on the basis of their functionality, position, skill and abilities. In addition to that, Colorado division of child welfare shall also work on the communication gap that prevails in the organization and shall facilitate communication between the staff and shall explicitly state…
City and County of Denver (2013). Rules Regulating Child Care Centers. [report] Denver: City and County of Denver, pp. 1-8.
Colorado Department of Human Services (CDHS) (2011). Child And Family Services Review Performance Improvement Plan. [report] Alamosa: Colorado Department of Human Services (CDHS), pp. 1-39.
Colorado Department of Human Services (CDHS) (2011). 2011 Annual Evaluation Report The Division of Child Welfare. [report] Alamosa: Colorado Department of Human Services (CDHS), pp. 1-25.
Colorado.gov (2013). Division of Child Welfare. [online] Retrieved from: http://www.colorado.gov/cs/Satellite/CDHS-ChildYouthFam/CBON/1251586904497 [Accessed: 17 Jul 2013].
This implies a comparison of the results of the internal and external audits. Additionally, aside results and documents consulted, it is also necessary to assess the various variables used in the evaluations.
It is for instance possible for the company to alter the findings by focusing on more favorable variables. As a specific example, a financial audit could reveal increased organizational abilities to honor company debts, but this conclusion could solely be founded on the assessment of the company's short-term liquidity, in a context in which the assessment of the long-term liquidity would have revealed financial instabilities. In this order of ideas, the risks of altered results would decrease and the relevance of the findings would increase to better allow the auditor to assess the quality of the internal control systems.
At this stage, the auditors would make use of several technological applications through which to increase the efficiency of…
2003, Sarbanes-Oxley Compliance. A Checklist for Evaluating Internal Controls -- General Ledger and Financial Reporting Processes, AXS-One, http://www.axsone.com/pdf/GL_checklist_short%20version_121703.pdf last accessed on June 25, 2010
Internal Control Checklist, IDAHO Management Control Systems, http://www.sco.idaho.gov/web/DSADoc.nsf/6065F400C610BDB5872569BC0074D4EE/$FILE/Cklist60.rtf last accessed on June 25, 2010
Internal Control; Self-Assessment Checklist, the University of Utah, http://web.utah.edu/Internal_Audit/ppts/Internal%20Control%20Self%20Assessment%20Mar-06.doc last accessed on June 25, 2010
Phases of a Control Evaluation PowerPoint
Louis Vuitton -- Case Study
To formulate a plan for the expansion of the brand into the international market. The planning and execution of strategies that would help on long-term commitment of support in the international market, depending upon different parts of the world.
The formulation of strategies and plans in cases of economic down times and interference of government policies.
Assess the performance of the company by taking into consideration the consumer trends, relevant fashion of time, the scope and demands of every international market.
To evaluate an effective model of communication and monitoring in order to analyze the trends of the existing markets that includes domestic market, variety and innovations of the products of the company.
Internal Analysis: Brand Recognition
The parent company, Moet Hennessy Louis Vuitton is one of the most famous, renowned and old fashion and apparel house. The company and the brand…
successful leadership styles, strategies and traits.
Two leadership styles that I believe are successful and effective styles are servant leadership and transformational leadership. Both of them emphasize strategies of helping followers to become better overall, and both build on positive traits of trust and integrity. Servant leadership focuses on putting the needs of the other ahead of one's own. It is truly about serving one's followers and thereby building an organization that is grounded in compassion, empathy, and the desire and ability to actually help other people overcome the obstacles they face, whether they are in a particular work habit, a personal problem, or a financial difficulty. Servant leaders look out for their followers as though they were their sheep.
Transformational leaders focus on using Emotional Intelligence (EI) and Social Intelligence (SI) to build relationships and transform their followers into the kind of workers that the organization needs to succeed.…
Eichenwald, K. (2005). Conspiracy of Fools. NY: Broadway Books.
Sanders, T. (2006). The Likeability Factor. NY: Three Rivers Press..
Internal company and the External Environment
Based on your research, what are the key drivers for success in the large office supply store industry? This section should be at least 2 pages in length.
There are key success factors for the large office supply store industry. One of the key success factors is location and significance. It is imperative to note that one of the most pivotal success factors for any business is its location. This is the same case for large office supply stores. It is imperative for such corporations to locate their retail stores in a high-traffic area, for instance a mall or a highly frequented intersection. Furthermore, it is essential to make certain that the business is situated near consumers that the corporation seeks to target. The utmost potential customers for office stationeries comprises of the corporate or business consumers, therefore positioning a store in the area…
Business Organisations Environments Exist
Business Organizations Environments
Organisations have changed their normal horizon of working and they have transformed their general perspective to work. In the current era strategies have been transformed and effectiveness prevails in the international business arena. This paper would solely focus on the aspects of internal and external environments within the organisation and how these environments affect the general procedures of an organisation in the longer run. The evaluation of this paper is based on several questions and these questions are answered below in detail.
Internal pressures in an organisation and quite critical and complex. At times they can change the entire scenario of a worker and they have the tendency to either bring laurels for the company or they can also tarnish the career of an individual. That is the reason why all these aspects should be kept in mind when an individual is working…
Davis, P. & Desai, A., 2000. Mode Of International Entry: An Isomorphism Perspective.. Journal of International Business Studies, Volume 4, pp. 3-28.
Johnson, R. & Scholes, G., 2008. Exploring Corporate Strategy. 8th ed. London: Prentice Hall.
Judge, T. & Robbins, S., 2010. Organizational Behavior. 14th ed. London: Prentice Hall .
Kinicki, A. & Kreitner, R., 2009. Organizational Behavior. 9th ed. NewYork: McGraw-Hill/Irwin.
Organizational Environment Starbucks
In-depth Analysis of Organizational Environment - Starbucks
Starbucks Organizational Culture and Environment
Global Perspectives of Starbucks
Social esponsibility embraced by Starbucks
Starbucks Planning Process
Decision Making Process of Starbucks
Starbucks Corporate Strategy
Organizational Structure of Starbucks
Starbucks uses a mechanistic structure as a contemporary design
Starbucks Organizational Culture and Environment
Starbucks Corporation is considered as one of the leading coffee house chains that offer best quality coffee to its customers. This retail corporation is based in the United States, initiated in the early years of the decade of 1970. Due to its popularity, the company rapidly expanded to various locations around the globe. The vision, goals and strategies designed clearly indicated the fact that the owners did not believe in having growth that can abate the corporate culture, therefore, the corporate culture was considered to be one of the integral aspects for the company. The mission statement…
Anthony, W.P., Gales, L.M., & Hodge, B.J. (2003). Organization Theory: A Strategic Approach. 6th Edition. Upper Saddle River, NJ: Pearson Education, Inc.
BCG. (2012). Howard Schultz on Global Reach and Local Relevance at Starbucks - An Interview with the CEO. bcg.perspectives. Retrieved from: https://www.bcgperspectives.com/content/videos/leadership_management_two_speed_economy_howard_schultz_global_reach_and_local_relevance/
Behar, H. (2007). It's Not About the Coffee: Leadership Principles from a Life at Starbucks. USA: Portfolio.
SeaZone. (2012). Successful Application of Organizational Behavior: Starbucks - Achieving Success the Starbucks Way. Yahoo Voices. Retrieved from: http://voices.yahoo.com/successful-application-organizational-behavior-2435551.html?cat=3
Tesco's Marketing Environment and Performance
Today, there are a number of retail grocery and general merchandise corporations competing at the global level, including Walmart, Carrefour and Tesco. Although Walmart remains the largest retailer in the world today, Tesco in particular is fast acquiring its market share in several regions, especially China. Moreover, the company's innovation in providing efficient products and services to its customers has provided it with a distinct competitive advantage in its core United Kingdom domestic market, where it remains the largest grocery retailer in the country today. In fact, one of the main themes to quickly emerge from the research that follows is just how important Tesco is to its customers, with most simply taking the company's presence for granted. To determine how Tesco achieved this impressive level of performance, this study examines the company's proven track record of superior performance in a highly competitive industry to…
Benady, D 2010, The Tesco Test,' Marketing, 26.
'Brand Health Check: Tesco' 2008, December 3, Marketing, 18.
Child, PN 2002, Summer, 'Taking Tesco Global: David Reid, Deputy Chairman of the United
Kingdom's Largest Grocer, Explains the Company's International Strategy,' The
Business environment is mainly characterized by various human economic activities including the production, sale, and purchase of goods and services that are carried out with the main objective of earning profits. Generally, the business environment can be described as a set of conditions that facilitate and promote the human economic activities. This environment is basically comprised of the internal business environment and the external business environment. The internal business environment includes the factors that are within the control of business while the external business environment refers to factors that are beyond the control of the business enterprise. One of the most common aspects of the business environment and human economic activities is the economy, which is generally influenced by various factors.
ole of Business in the Economy:
Business is defined as the management and coordination of individuals and resources in order to achieve specific production objectives, with the main goal…
Bernanke, B. (2011, February 9). The Economic Outlook and Monetary and Fiscal Policy.
Retrieved November 3, 2012, from http://www.realclearpolitics.com/articles/2011/02/09/the_economic_outlook_and_monetary_and_fiscal_policy_108845.html
"Introduction to the Economy, Fiscal and Monetary Policy." (n.d.). Investorguide.com. Retrieved November 3, 2012, from http://www.investorguide.com/igu-article-284-basic-economic-concepts-introduction-to-the-economy-fiscal-and-monetary-policy.html
"McDonald's Issues First Worldwide Social Responsibility Report." (n.d.). CSR Press Release.
"Building a successful buzz campaign hinges on finding the right carriers for the message: influencers who are obsessed with staying one step ahead of their peers." (Khermouch & Green, 2001)
In conclusion, this phase of the marketing experience revolved around the perceived impact of various internal influences on consumers as they would be convinced to purchase Gateway Plasma Screen Televisions. The report looked at various aspects and marketing approaches such as demographic data gathering including age and income as well as psychographic data gathering which incorporates personality style or lifestyle data in the marketing of products. The world has become highly technologically advanced and has therefore introduced many new sources or opportunities such as direct database marketing, email contact points and internet shopping to marketing and consumerism management. Marketing and selling have therefore greatly changed. It is no longer a viable approach to just blanket advertise and other traditional…
Khermouch, Gerry & Green, Jeff (2001, July 30). "Buzz Marketing: Suddenly This Stealth Strategy Is Hot -- but it's Still Fraught with Risk." Business Week Online. Retrieved on February 20, 2005, at http://www.businessweek.com/magazine/content/01_31/b3743001.htm
Silverman, George (1997, November). How to Harness the Awesome Power of Word of Mouth. Direct Marketing Magazine, 32-37. Retrieved on February 20, 2005, from Market Navigation, Inc., Web Site: http://www.mnav.com/H2HarnWOM.htm
Careful selection of the right employees is one mechanism of external control deployed by Google.
Google controls its employees not through fear, but by motivating them to do good works: "With millions of visitors every month, Google has become an essential part of everyday life - like a good friend - connecting people with the information they need to live great lives" it proclaims (Top ten, 2009, Google). Google offers generous compensation packages to its employees that are individually tailored, and given the difficulty of finding good health insurance and 401 (K) s in the current economy, this also acts as an incentive to remain at the company.
Google's workplace environment, which includes free lunches, free fitness classes -- even free dry-cleaning -- creates an atmosphere of a college campus or even a summer camp. Employees have little incentive to leave the workplace. They have a greater sense of…
Benefits. ( 2009). Google. Retrieved December 19, 2009 at http://www.google.com/international/en/jobs/lifeatgoogle/toptenreasons.html
Top ten reasons to work at Google. (2009). Google. Retrieved December 19, 2009 at http://www.google.com/international/en/jobs/lifeatgoogle/toptenreasons.html
The content language adopted for white collar workers will be a simple, plain one as the goal is for the message to be understood best and used by the employees in their interaction with the customers. In global communication campaigns, the language will be the same for white and blue collar workers and therefore a simple and plain one for everyone. In specific communications, the language can increase in complexity if the auditorium that needs to receive the message had a higher education level.
The content will take under consideration the cultural differences between the corporate headquarters country (e.g. UK) and the local offices (e.g. Korea) and adapt global campaigns to the local requirements. Additionally, the content will be designed to match company objectives and how these objectives can be understood by personnel. Therefore, a specialized team will be dedicated to understanding the personnel, the company values the personnel needs…
Acosta, C., Leon, V.J., Conrad, C., Gonzalez-Cervantes, R. And Malave, C.O. 2004. Case Study on Culture and the Implementation of Manufacturing Strategy in Mexico. Journal of Manufacturing Systems, vol. 23(3): pp. 173-181.
Davis, Alison. 2005. Applying Employee Demographics. Strategic Communications Management. August 1st, http://www.allbusiness.com/technology/computer-software-management/943392-1.html
Hofstede, G. 1984. Cultural Dimensions in Management and Planning, Asia Pacific Journal: pp.84-99.
Internal Comms. 2006. The Top Seven Macro-Trends in Internal Communications. April edition, www.internalcommshub.com
improving the organization's internal business processes, and show how they relate to the mission, vision and strategy of the organization.
Three areas where Apple must focus on improving their internal business process include: enhancing the work environment, quality control and research / development. These are important as they will have an impact on the company's mission, vision and strategy. In the case of the work environment, improving conditions will help to lead to better collaboration between employees and managers. It is at this point when critical issues can be identified early and new ideas are shared with executives to make the firm more competitive. ("Internal Controls and Safe Working Environment," 2012)
Quality control is when Apple is concentrating on dealing with design flaws and issues associated with their products. This is occurring because the firm is working with third party providers in China (i.e. Foxxcon). In the past they have…
Internal Controls and Safe Working Environment. (2012). CDII. Retrieved from: http://cdiichinadirect.wordpress.com/2012/02/17/internal-control-and-a-safe-working-environment-in-developing-economies/
Sebastian, A. (2012). Apple's Market Value. Extreme Research. Retrieved from: http://www.extremetech.com/computing/137707-apples-market-value-drops-60-billion-following-iphone-5-scuff-quality-control-issues
Thompson, N. (2012). Does Apple have Bruise. New Yorker. Retrieved from: http://www.newyorker.com/online/blogs/comment/2012/10/apple-after-steve-jobs.html
STARBUCK'S STRATEGY AND INTERNAL INITIATIVES FOR PROFITABLE GROWTH
Stabuck's Stategy and Intenal Initiatives to Retun to Pofitable Gowth
Stabuck's Stategy and Intenal Initiatives to Retun to Pofitable Gowth
Michael Pote's 5 Foces Model
Theat of New Entants
Buye's Bagaining Powe
Bagaining Powe of Supplies
Fomulate Stategic Maketing
Impove Standing of Stock Maket
Stabuck's Stategy and Intenal Initiatives to Retun to Pofitable Gowth
As Stabucks was expanding, anothe emphasis was set on hiing talented leadeship in managing the huge momentum of the oganization. Significant amount of esouces was geaed towads developing an oganizational infastuctue, which would satisfactoy suppot the expected pospective size of Stabucks. Schultz accepted that numeous business visionaies failed by not making the coect systems and pocesses to guaantee a suitable establishment fo thei entepeneuial divisions to be actualized. Togethe with his patnes, he made the planning, legal logistics, accounting and financial impotant…
references are continually evolving. Subsequently economic situations likewise change. In this setting, Starbucks neglected to stay abreast of the changing market positions and consumer behavior. In the most recent months, Starbucks' performance is going on a downtrend. It is essential that the explanations for this downtrend must be recognized, and remedies must be invested. The remedies also need to be permanent and not just short-term.
Whilst transient activities are required to address strategic progressions, it is more imperative to set a strategic objective, or if fundamental, reform the present strategic objective to fit in with to the conditions in today's business environment and the future business. Hence, it was suggested that Starbucks might also concentrate on marketing while upgrading its operational adequacy. Marketing has been the missing segment in the Starbucks practice as of late. It is consequently imperative to emphasize on this area.
Thompson, A. & Shah, A. (2010). Starbuck's strategy and internal initiative to return to profitable growth. Mu-nchen: GRIN Verlag GmbH.
Annual reports are strong for the breadth of information discussed, but with respect to depth are better used for internal analysis. They provide an overview of external issues but that overview should be supplemented with other research. Trade magazines and academic journals often have very specific articles that may or may not be of relevance to an external analysis. hen they are relevant, they tend to provide excellent detail. Analyst conference calls, as with annual reports, are best used for internal analysis, but in these calls if management feels that external forces were the key factor in firm performance in the past quarter, the discussion will center on that performance. The Bureau of Economic Analysis is valuable for learning about broad economic trends, but those trends are not put into context of the industry. Newspaper articles may be excellent sources, but they can also be useless. Information literacy is required…
Websters Online. (2010). Retrieved May 15, 2010 from http://www.webstersonline.com/searchresults.asp?category1=company&searchvalue=southwest+airlines&state_prov=&search=Search&AddInfo=
FareCompare.com. (2010). Retrieved May 15, 2010 from http://www.farecompare.com/
Bureau of Economic Analysis website: http://www.bea.gov
LaMotta, L. (2009). Southwest soars despite fuel costs. Forbes.com. Retrieved May 15, 2010 from http://www.forbes.com/2009/01/22/southwest-airlines-fuel-markets-equity-cx_lal_0122markets12.html
An Internal Analysis of the al-Mart Corporation
The al-Mart Corporation is among the most successful, recognizable and notorious brand names. The chain of retail stores is associated with low prices, convenient one-stop shopping and geographically permeating accessibility. However, the retail chain is also frequently associated with a poor record on labor rights, negative performance in environmental categories, destructive community orientation, abuse of human rights in its developing sphere production operations, distribution of low-grade products and a general strategy of stifling local business enterprises and devastating local economies. The result is a relative mixed outlook for al-Mart, which will certainly continue to enjoy some level of dominance in the U.S. And global retail markets but which must also work to make internal organizational changes that can improve its reputation and its compliance with expectations regarding the environment, human rights, labor and community citizenship. The internal analysis conducted here below…
Banker, S. (2010). The Walmart Sustainability Value Chain. Logistics Viewpoints.
Blanchard, C. (2008). Adding Value to Service Providers: Benchmarking Wal-Mart. Benchmarking: An International Journal, 15(2), 166-177.
Chandran, P.M. (2003). Wal-Mart's Supply Chain Management Practices. ICFAI Center for Management Research.
Gogoi, P. (2008). Wal-Mart Supplier Accused of Sweatshop Conditions. BusinessWeek.
Macro and Micro Environment in Management
Planning is an important function of management. It is an act of formulating a program for a definitive course of action. The management defines a goal and puts forward its strategies to accomplish the objectives defined.
STEPS IN THE PLANNING POCESS
For an organization to begin its planning, it needs to evaluate and assess whether it is ready. An organization need to realize where it is standing and what it wishes to accomplish. They need to assess this by an analytical study of their recent history, their strengths and weaknesses. The organization can also set up a planning committee and hand this job over to them. In any case the organization or a planning committee will need to recognize specific issues that should be addressed to in the planning process.
An important thing to consider here is that enunciated visions comes from those who…
Baxmann, M., Spatial Consensus-building Through Access to Web-based GIS:
An Online Planning Tool For Leipzig [online]. Cambridge, MA. Available from: http://www.spatial.maine.edu/ucgis/testproc/baxmann/baxmann.html [Accessed 30 August 2005]
Burby, R.J. et al., 1998. Improving Compliance with Regulations: Choices and Outcomes for Local Government. Journal of the American Planning Association. Volume: 64. Issue: 3. Page Number: 324+.
Gillin, E., 2002. Airline Woes Preceded Sept. 11 and Will Remain Long After [online]. Available from: http://www.thestreet.com/funds/ericgillin/10041098.html [Accessed 30 August 2005]
external environment facing TOYOTA, the global car manufacturer. This paper discusses impacts of the company's internal organizational strategy (structures and management). The work is divided into two tasks. Task 1: Critically evaluates key factors (e.g. environmental, global, competition, technology) impact TOYOTA performance. Task 2: Provides strategic recommendations for senior managers of the TOYOTA.
Examine the external environment of TOYOTA and how this impacts on the internal organizational strategy (structures and management). Critically evaluate the key factors (e.g. environmental, global, competition, technology) that impact on TOYOTA performance. Findings are drawn from use of analysis tools (e.g. PESTLE, Porter's five forces, SWOT).
We begin our analysis of Toyota by looking at the company through three analytical prisms: Porter's Five Forces Analysis, SWOT Analysis, and PESTLE. It is necessary to define what these analytical prisms are, initially, i.e., define terms, before beginning the analysis in earnest.
Porter 5 Forces Analysis
1. Toyota seeks 15% of global car market: Japanese automaker targeting Russia, India, China and Brazil, MSNBC.com, November 13, 2006
2. Global Economic Research: Global Auto Report: Strengthening Car Sales Drive Global Vehicle Output To Record High -- Production increase will support global economic activity, Feb. 25, 2011, Scotiabank Group
3. Toyota Motor Corporation Global Web site, http://www.toyota-global.com / (Accessed on March 10, 2011)
4. European car makers and their suppliers: changes at the interface, RT McIvor, PK Humphreys… - European Business & #8230;, 1998 - emeraldinsight.com
An important aspect of the marketing management plan relates to communication. Key internal stakeholders must be kept informed of the objectives of the marketing plan, progress, as well as any relevant updates as the implementation of the plan proceeds (Ferrell & Hartline, 2014). Effective engagement of internal stakeholders is crucial if the desired outcomes are to be achieved. When internal stakeholders are well informed of the marketing objectives, they are likely to be more committed to the initiative, hence increasing the success of the initiative. At HtW, internal stakeholders mainly include the board, the management, and members of staff. The board acts as the overall decision making organ of the organization. It formulates polices and the strategic direction of the organization and supervises the management. Communicating the marketing objectives and progress to the board would, therefore, be vital. The board requires such information for purposes of decision making on aspects…
Employing Strategy a Competitive Environment This assignment builds strategy elements created Assignment 1. Please assigment Write a (4) page paper: 1.Create environmental scan company indicating significant environmental threats discuss company respond threat ensure impact business minimal.
The Amber Snack Company operates in a highly complex and dynamic industry, in which the final success of the firm is influenced by a series of external factors, and mostly, by the company's ability to integrate these factors within its business model. The more relevant examples in this sense refer to the threats which impact the industry, which can be summarized as follows (the table also provides recommendations as to how the company should approach the threat):
The proposed solution
Intensifying competition in both domestic and international market places
Attract new customers
Increase customer loyalty
Increasing operational costs due to increasing international prices in commodities
Dyck, B. Neubert, M. (2008) Management: current practices and new directions. Cengage Learning
Hill, C.W.L., Jones, G.R. (2012) Startegic management: an integrated approach. Cengage Learning.
Hitt, M.A., Ireland, D., Hoskinsson, R.E. (2012). Strategic management cases: competitiveness and globalization. Cengage Learning
Ireland, D.R., Hoskisson, R.E., Hitt, M.A. (2011). Understanding business strategy. Cengage Learning.
This savings on fuel has also given Southwest more funds to invest in programs to reduce turn-around time of their jets between flights .
Southwest Airline's Internal Weaknesses
As with any company the size of Southwest, they have several weaknesses, with the most significant being their heavy dependence only on passenger traffic as their primary source of revenue. Despite efforts to move into logistics and supply chain services, the company is still struggling to gain significant success in more profitable business services markets (Kumar, Johnson, Lai, 2009).
Despite having an employee base that has the lowest turnover and highest levels of morale, Southwest also has one of the most rapidly declining sales-per-employee revenue levels for U.S.-based airlines (Kumar, Johnson, Lai, 2009). One of the factors that contribute to this is the fact that Southwest has more ground crew members than other airlines, an investment the company makes to attain the…
Christopher P. Ball. (2007). Rethinking Hub vs. Point-to-Point Competition: A Simple Circular Airline Model. The Journal of Business and Economic Studies, 13(1), 73-87,116.
Bernoff, J., & Li, C.. (2008). Harnessing the Power of the Oh-So-Social Web. MIT Sloan Management Review, 49(3), 36-42.
David a Carter, Daniel a Rogers, & Betty J. Simkins. (2006). Does Hedging Affect Firm Value? Evidence from the U.S. Airline Industry. Financial Management, 35(1), 53-86.
D'Aurizio, P.. (2008). Southwest Airlines: Lessons in Loyalty. Nursing Economics, 26(6), 389-92.
Q.1 Change agents, internal external, upheaval organization's employees. Compare contrast advantages internal vs. external interventionists. Q.2 When organizational reengineering organizational transformation approaches change management? Give instances, elaborate.
Change agents, whether internal or external, will always cause an upheaval among an organization's employees. Compare and contrast the advantages of internal vs. external interventionists.
Internal proponents of change have the advantage of knowing the organization's standard operating procedures. They can tailor their recommendations in light of their knowledge of the organization's personality, core beliefs, and central mission. However, this insider knowledge can also mean that these analysts fail to think 'outside the box' when making suggestions. They may also have additional 'baggage' regarding how they are perceived by other members of the organization, based upon past personal disputes. Change resistance is inevitable, and the last thing an organization needs is for change to be stymied by personal conflicts and resentment. There may…
Bond, Paul. (March 8, 2011). Netflix stock drops after Facebook movie streaming announcement. Hollywood Reporter. Retrieved March 17, 2011 at http://www.hollywoodreporter.com/news/netflix-shares-open-lower-as-165304
Overview. (2010). Business Process Engineering. Learning Center. Prosci.
Retrieved March 17, 2011 at http://www.prosci.com/reengineering.htm
Smashing the clock. (2006, December 11). Businessweek. Retrieved March 17, 2011 at http://www.businessweek.com/magazine/content/06_50/b4013001.htm
Ford Motor Company is - according to its financial statements for the last year - in relatively good financial shape, especially if one considers the current weak state of the economy, the past recessionary months and the still extremely shaky state of the recovery. This paper analyzes the current strengths and weaknesses of the company as it moves toward increasing globalization.
A useful tool in analyzing the external environment in which Ford is presently situated can incorporate Michael Porter's Five Forces model, which is graphically summarized below: (http://www.marketingteacher.com/Lessons/lesson_fivefoces.htm)
Ford is vulnerable to the threat of both new entrants (in terms generally of new car models as well as specifically of new environmentally friendly cars) as well as the threat of substitute products from other car companies eager to attract the same consumers that Ford wishes to attract. Honda, for example, is likely to become one of Ford's primary…
Hamel, Gary and C.K. Prahalad. Competing for the Future. Boston: Harvard Business Press, 1997. http://www.businessweek.com/2000/00_19/b3680166.htm
Strategic Management: Internal Analysis and SWOT
Brief Introduction of McDonald Company
McDonalds is a foodservice retailer giant across the world with more than 33,000 locations and serving almost 68 million people every day. It's a global company but with a local presence in 119 countries operated by the local people. (McDonalds, 2012)
Main strengths of the McDonald
Customer elations: McDonalds have mastered the art of deepening their connection with all classes of customers by providing a great service and experience. This connection with the customers has continued to improve and grow positively. McDonalds places customer experience in all they do. They recognized the fact that customers are the reason for their existence.
Hygienic Food Processing Methods: Customers who attend McDonalds for a meal are allowing them to check the standards of the food they eat by inspecting the places where the food is being prepared from. This gives them confidence…
Marketing Teacher. (2012). SWOT Analysis McDonald's. Retrieved on June 13, 2012 from http://www.marketingteacher.com/SWOT/mcdonalds-SWOT.html#
CK Prahalad & G. Hamel (1990). Business Analysis. Retrieved on June 13, 2012 from http://ezinearticles.com/?McDonalds-Business-Analysis&id=687438
Scribd (2012). SWOT Analysis on McDonald's. Retrieved on June 13, 2012 from http://www.scribd.com/doc/43910055/SWOT-Analysis-on-McDonald
Change in itself is a challenge in the workplace, as this results in a significant amount of uncertainty and stress among workers. The first thing a manager should therefore do is ensure that workers are involved and informed regarding the ensuing changes. In terms of nondiscrimination, the appointment of new workers should also be handled in an inclusive and informative way.
econdly, it is also important that no person be favored or indeed disfavored as a result of their ethnic or minority background. Existing workers should be informed at all times that management employs fair practices in the hiring process. These hiring processes should then be honored, regardless of a prospective employee's ethnic or other background. Management should keep in mind that the law allows neither negative nor positive discrimination on the basis of minority.
Thirdly, once a minority employee is hired, it is important to integrate this person within…
Barmes, Lizzie and Ashtiany, Sue. 2003. "The Diversity Approach to Achieving Equality: Potential and Pitfalls." The Industrial Law Journal, December; 32, 4, pg. 274.
Garvin, Stacey J. 1991. "Employer Liability for Sexual Harassment." HR Magazine, June; 36, 6. pg. 101.
Kohl, John, Mayfield, Milton and Myafield, Jacqueline. 2004. "Human Resource Regulation and Legal Issues." Journal of Education for Business; July/August, 79, 6, pg. 339
Kuhn, Dennis M. And Stout, David E. 2004. "Reducing your Workforce: What you don't know can hurt you. Strategic Finance, May; 85, 11, pg. 40.
Interaction of the Business Environment
The environment of a company is much like the natural world in that there are many layers to any single organization (Marques, 2007). Political forces are present because there are factions and beliefs within a company which cause different politics to be formed. The economics of running an organization are a different facet of the environment which many consider the most important part of the business (after all the business of business is to make money), but it is actually a piece of the larger while which is neither more important or less than any other. Very business also has a social component. All of the different relationships that occur in the wider world can be found in any large organization. Another part of the environmental whole that affects every other part has to do with the technical functioning of the business. Technology…
Laumer, S., Eckhardt, A., & Weitzel, T. (2010). Electrojnic human resources management in an e-business environment. Journal of Electronic Commerce Management, 11(4), 240-251.
Loewe, M., Blume, J., & Speer, J. (2008). How favoritism affects the business environment: Empirical evidence from Jordan. The Middle East Journal, 62(2), 259-272.
Marques, J. (2007). The influence of the global business environment in realizing the millennium development goals. Journal of Global Business Issues, 1(1), 17-25.
Ruff, F. (2006). Corporation foresight: Integrating the future business environment into innovation and strategy. Research Technology Management, 278-295.
eshaping the Sensory Environment
Survival of all animals depends on the accuracy with which sensory information is processed by the nervous system. Integrating this information in an efficient and effective manner depends on dynamic strategies that the nervous system relies on to determine the reliability and accuracy of the sensory inputs (reviewed by Zaidel, Turner, and Angelaki, 2011). This essay examines contemporary theories that attempt to explain how these strategies function.
eliability-Based Cue Combination (BCC) Theory
The reliability of a sensory cue is believed to determine the weight an organism assigns to a given cue, such that a more reliable cue may have a greater influence on behavioral outcomes (reviewed by Zaidel, Turner, and Angelaki, 2011). Empirical support for this theory has come from studies examining the integration of multisensory information. This theory has been called reliability-based cue combination (BCC).
eliability, as defined by BCC, is used interchangeably…
Bestmann, S., Oliviero, A., Voss, M., Dechent, P., Lopez-Dolado, E., Driver, J. et al. (2006). Cortical correlates of TMS-induced phantom hand movements revealed with concurrent TMS-fMRI. Neuropsychologia, 44, 2959-2971.
Burge, Johannes, Girshick, Ahna R., and Banks, Martin S. (2010). Visual-haptic adaptation is determined by relative reliability. Journal of Neuroscience, 30, 7714-7721.
Scarfe, Peter and Hibbard, Paul B. (2011). Statistically optimal integration of biased sensory estimates. Journal of Vision, 11, 1-17. Retrieved 13 Apr. 2012 from www.journalofvision.org/content/11/7/12.
Winter, J.A., Allen, T.J., and Proske, U. (2005). Muscle spindle signals combine with the sense of effort to indicate limb position. Journal of Physiology, 568, 1035-1046.
Office Space opens with an extended scene showing Peter stuck in traffic on his way to work. The morning commute is the commencement of many workers’ days, and impacts their perception of their job and overall quality of life. Yet it is corporate culture itself that is the primary focus of Office Space. Supervisor Lumburgh micromanages, focusing on inane details as a means to assert his authority, without considering the big picture issues he could be focusing on to help the company. As Peter’s dissatisfaction mounts, he takes increasing risks with his career, which ultimately pay off. Initech represents the dysfunctional way many companies continue to operate. The progressive tech companies of today have learned that the organizational culture and leadership styles exhibited in Office Space are detrimental to employee satisfaction, productivity, and ultimately to the success of the organization.
The environment at Initech is bureaucratic and hierarchical, leading to…
AT&T's code of ethics can be found on its ATT.com website (2014). The code exists in accordance with the requirements of the Securities and Exchange Commission, according to the company. The code contains nine items: honest and ethical conduct, conflicts of interest, disclosure, compliance, reporting and accountability, corporate opportunities, confidentiality, fair dealing and protection and proper use of company assets. Under each category, the company explains its policies. Under "honest and ethical conduct," AT&T says it will "act with integrity," using a synonym to make a redundant statement. It also says it will "observe both the form and spirit of laws and government rules and regulations," which is the same as line IV, compliance. It will "adhere to a high standard of business ethics," another redundant statement, and without defining "high standard."
The company rather curiously defines "conflict of interest:" as arising when a personal interest interferes…
A&T Code of Conduct. (2014). Retrieved February 18, 2014 from http://www.att.com/gen/investor-relations?pid=5595
AT&T (2013) AT&T global supplier diversity. AT&T. Retrieved February 18, 2014 from http://www.att.com/gen/corporate-citizenship?pid=17724
Holmes, A. (2014). AT&T buoyed in lobbying push against spectrum auction limits. Center for Public Integrity. Retrieved February 18, 2014 from www.publicintegrity.org/2014/01/07/14081/att-buoyed-lobbying-push-against-spectrum-auction-limits
Saint Louis University. (2013). $1 million AT&T contribution to support global education initiatives. Saint Louis University. Retrieved February 18, 2014 from http://www.slu.edu/x87581.xml