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Questions
1. Explain how our understanding of the three generic strategic approaches available to companies can be used to direct the efforts of all employees at those companies.
2. What does a business have to consider when trying to follow a cost leadership strategy and a differentiation strategy simultaneously? Can you name a company doing this?
3. How can a company overcome the limitations of being in a fragmented industry?
4. How does horizontal growth differ from vertical growth as a corporate strategy? From concentric diversification?
5. Is stability really a strategy or just a term for no strategy?
What do you find to be the most important elements to improve an organization's competitive advantage? Discuss your answer with examples.
How can Clara ensure that those who are hired come to accept the core cultural values of the hospital? What steps would you recommend?
What are some of your perceptions and expectations of a resort property?
The department managers meet with you to discuss implementing a safety and quality process improvement process (PIP) within their departments.
What are the red and blue ocean strategies that they use
Based on the information you have at the end of Part 1, what do you think the key priorities should be?
The Classical Management perspective consists of Administrative Management (Management of the Organization) and Scientific Management
Do you think the current Medical staff privileges model promote transparency and accountability?
List the benefits and drawbacks of job specialization. Explain how does the five core job dimensions of job characteristics model helps in employee motivation?
What is a cost focused strategy? Define it, what kind of risks does this strategy have? In which situation is it preferable to choose this strategy?
As a member of management, need to make decisions on issues in which you have limited or no knowledge.
Compare this with the process you used to select your major. Did you depart from the rational model in your choice of major? Explain.
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