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Learning Activity #1 Albert Einstein was quoted as saying “Great spirits have always encountered violent opposition from mediocre minds.” Every effective manager/leader will most likely face opposition within their own organization; however, in order to capitalize on the strengths and mitigate the weaknesses, an organization must first understand their key internal forces. An internal analysis is an opportunity for the employees within the organization to understand how what they do fits into the organization as a whole. Likewise, there are external factors that affect organizations that are often difficult to mitigate, but nonetheless critical to understand. Using the company selected during the Week 1 discussions, create an abbreviated IFE and EFE chart using the format below.
EFE -- Key External Factors Opportunities Weight Rating Weighted Score Threats TOTALS 1.0 IFE -- Key Internal Factors Strengths Weight Rating Weighted Score Weaknesses TOTALS 1.0
Suppose you have a customer base of 150,000 and 4% of that base responds to email offers. If the cost of making an offer is $12, and the benefit of every accepted offer is $80 what is the lift required to break even on an email offer?
Discuss the Project Manager's role in managing risk. Hypothesize if a certain expertise is required to adequately identify and assess project risks. For example:
Explain the challenges faced by companies in developing new products. Suggest a method for setting up a new-product development process. This is a marketing related question but there is no marketing option when defining the question just operations ..
What is the difference between a mission and vision statement. Discuss why mission statements are important in performance improvement and why a solid mission statement (describing your goals) should be in place in the quality of health care manag..
The U.S. economy constantly cycles through periods of expansion and contraction based on financial, political, and geopolitical dynamics. During expansionary periods, economic performance is robust and consumer spending increases. During contractiona..
If a firm’s net income (profit before taxes) is $360,000 and it has total assets of $1.2 million, what is its return on assets? If a firm’s cost of goods sold is $2.5 million and its average inventory is $800,000, what is the inventory turnover?
Talk about scheduling and give short examples of loading with the Hungarian method and sequencing with two priority rules and one performance measure (make up your own data).
Strategic issues related to business processes and processes and the value chains are addressed at which organizations level? Which of the following are Porter's three generic strategies? Which of the following is exemplified by customers finding a d..
Provide a detailed summary of the purpose of vision and mission statements in organizations. How do they work, and what is the outcome of successfully crafting visions and missions?
Create a one page promotion for the business college. your promotion should follow the tips discussed in chapter 10 writing persuasive messages.
Create a company that will feature an attractive product or service that will appeal to consumers. Assume you are presenting an outline of your plans to potential investors for their consideration. Your paper should be structured as follows: Executi..
Is it necessary for all team members to have good problem solving skills? Why or why not? What would you do with an employee who was committed to action, but had poor analysis skills?
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