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Assignment:
The Competitive Advantage Case Study is on any of the cases from your textbook that address competitive advantage. See the chart on pages C-2 and C-3 in your textbook. Your case study should address the following items:
What are four small business opportunities that need to be considered when starting a new business.
Explain and illustrate the possible benefits of strategic management. What types of health care institutions may benefit most from strategic management?
Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals. Create a plan to implement a firm's strategy and manage the change from current operations.
Evaluate the security and ethical challenges of implementing and using Information Systems in this business. Assess the adequacy of current practice and propose improvements if appropriate.
Define the various types of strategic alternatives and how the process of bundling might help or harm the strategic motivation of the organization.
Based on the video, fast forward to current day and give your opinion on whether or not Apple's product strategy should change given its current rate of success.
Provide the company's existing mission statement and code of ethics. In what way do they articulate their ethical practices through policies and public outreach and why is this important?
What strategies are being pursued by the company - specifically name the strategies deployed. Porter's five generic strategies. Cooperative strategies (e.g. alliance, joint venture, partnership, outsourcing, licensing).
Locate a Standard and Poor's Industry Survey.
What elements affect the execution strategy and how is the execution strategy affected by culture, balanced scorecard, and internal operations?
Compute the corporate-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice.
What is the importance of the standard deviation in interpreting and drawing conclusions about risk.
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