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Part A: Essay Questions
Instruction: Please answer ALL questions below.
1) Discuss the following statement: "Planning would be impossible without assumptions."
2) Agree or disagree with and discuss the following statement: "Corporate intelligence is not corporate espionage because 95 percent of the information a company needs to make strategic decisions is available and accessible to the public."
3) King and Cleland recommend organizations carefully develop a written mission statement for six reasons. List and describe five of these reasons.
4) Explain the relationship between strategic management and competitive advantage for firms. How can a firm achieve sustained competitive advantage?
5) Define and discuss the differences between vision and mission statements.
6) Discuss Michael Porter's three generic strategies.
What are the eight drivers of an innovation economy? Which of the eight drivers of an innovation economy influences your organization the most? Explain your answer. What is the influence of these eight drivers on your organization, and why?
According to course readings, how can we make the Public Servants (the Bureaucracy) sensitive, responsive, to the demands of the public they are supposed?
When reviewing the descriptions of the work environments, identify elements that appear to foster employee motivation and group cohesion among employees.
How should the law deal with threats by employers to abandon all or parts of their domestic operations for overseas locations if their unions fail
What are subjective probabilities? What are classical probabilities? Provide examples of the use of each in business decision making.
Explore the value of receiving feedback from your ‘team' on the various sections of your non-alcoholic beverage (NAB) business plan.
What are the different types of strategies? What are the differences among these strategies?
If sales for 2016 were 9 million units, sales are expected to grow at a consistent rate, and productivity per employee is expected to be constant
Identify at least 4 applicable government regulations/ standards that govern how the requirements must be met, implemented, or measured. Provide rationale for why these are applicable.
What are the advantages and disadvantages of vertical integration and outsourcing for businesses?
The rental company keeps one central customer register (many of their customers rent from multiple locations). They store names (first, last),
Problem of knowledge and the Eureka system - How does the problem of "knowledge," as raised by Cox, relate to the issues with the Eureka system?
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