Explain the impact of environmental uncertainty

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Reference no: EM131302170

Questions:

1. What is the relationship between corporate governance and social responsibility? Does a corporation have to act selflessly to be considered socially responsible? Use a specific example to explain your answer

2. The hierarchy of strategy indicates that a company should build a relationship between functional, business and corporate level strategies. Using one of your cases, explain how that company did or did not effectively make use of the hierarchy of strategies. Be specific in your answer.

3. Explain the impact of environmental uncertainty on the strategic management process. Give an example from one of your cases or your Capsim company that shows how environmental uncertainty impacted the strategic management process.

4. What kind of internal factors help managers determine whether a firm should emphasize the production and sales of a large number of low-priced products or a small number of high-priced products? Be specific in your answer and use your Capsim experience as supportive evidence.

5. Using your experiences with Capsim, explain several of your functional strategies and their implementation through the competition rounds.

6. Is it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not? Use an example from Capsim or one of your cases as the basis for your answer.

7. Using your Capsim results, create a BCG Matrix that is representative of the Sensor industry and your company's products.

8. Use Porter's 5 Forces Model to analyze the organic foods industry. Please note that this should be your own analysis not something copied from the internet.

9. Using one of your case companies, choose an actionable strategy within the TOWS matrix and develop a specific implementation plan for that strategy. Be specific in your discussion of what the company would have to do to implement that specific strategy.

10. Strategy implementation focuses on programs, budgets and procedures. Using a company with which you are familiar (and I would have some familiarity with), evaluate their strategy implementation (from your personal perspective) in terms of the program(s) they have chosen to implement.

Reference no: EM131302170

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