Maintain a competitive advantage in the marketplace

Assignment Help Business Management
Reference no: EM131213650

Learning Activity 1 - Theme 1

For businesses to succeed they must maintain a competitive advantage in the marketplace.  The key to doing this has changed over the last century as illustrated in our discussion in week one about the 21st century business environment and its challenges. In theme one, we take a closer look at the way managers create competitive edge in the 21st century organization.

You have been hired by Baltimore Spring Waters, Inc. (BSW) as a management consultant.  The growing demand for bottled water in the face of worldwide supply shortages has management at BSW concerned about the future of the business.  The company wants to remain competitive in price knowing that sourcing difficulties will make it harder to do. 

  • The question posed to you is how can BSW's managers help the company maintain their competitive edge? Using this week's course material and the articles from last week on 21stcentury organizations, answer this question for BSW.

Learning Activity 2 - Theme 2

A challenge for the manager in the 21st century is to merge the traditional functions of a manager with the new demands of workplace life. The change of value regarding human resources to the organization coupled with technology is shifting the design of organizations towards "boundaryless" and flat organizational structures.  In this theme we examine Fayol's five functions of management as well as the 14 lesser functions of management upon which most management models are based today and how they are bumping up against the constructs of 21st century management to create tension in the workplace.

Read the following articles on big business' break with telecommuting and managing with technology at

Working from home alone is the real culprit (See https://fortune.com/2013/03/19/working-from-home-alone-is-the-real-culprit/)

Working from home: how Yahoo, Best Buy and HP are making moves (See https://www.theguardian.com/sustainable-business/working-from-home-yahoo-best-buy-hp-moves)

The role of informational technology in virtual management theory (Seehttps://www.muhlenberg.edu/depts/abe/business/miller/virorg.html)

  • Examine the role of Fayol's pillars of management and how they may conflict or conversely fit with contemporary organizations and management theories. Explain comprehensively why or how a manager might reconcile happily the two approaches to management.

Reference no: EM131213650

Questions Cloud

Difference between temporary and fundamental disequilibrium : For a country that is attempting to maintain a fixed exchange rate, what is the difference between a temporary disequilibrium and a fundamental disequilibrium?
Identify whether the factor would be included in calculation : Your task is to identify whether the factor would be included in the calculation for the initial investment, or the operating cash flow, or the terminal value, or is not relevant to this decision.
Does it have a strong impact on your software quality : Is root cause analysis commonly performed in your organization? If so, what is the purpose? Does it have a strong impact on your software quality?
Explore whether or not funding from international lending : Explore whether or not funding from international lending institutions like the World Bank and the IMF are helping or hindering the social, economic, or political development of the country that you have selected. Support your response with exampl..
Maintain a competitive advantage in the marketplace : For businesses to succeed they must maintain a competitive advantage in the marketplace.  The key to doing this has changed over the last century as illustrated in our discussion in week one about the 21st century business environment and its chal..
Diiscuss their relationship to the quality : Define process maturity levels and discuss their relationship to the quality. (You might want to browse the SEI web site at www . sei . cmu. edu and related publications for references.)
Do you agree or disagree with given statement and why : "The emergence of expectations that a country in the near future will impose exchange controls will probably result in upward pressure on the exchange-rate value of the country's currency."
Advantages and disadvantages of teams : Using the list of "Advantages and Disadvantages of Teams" (p.36), give an example how teams have worked or not worked in your workplace.
What is future value if the payment iare an ordinary annuity : Suppose you are going to receive $15,000 per year for five years. The appropriate interest rate is 8 percent. Suppose you plan to invest the payments for five years. What is the future value if the payment iare an ordinary annuity?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd