Members of the strategic development group

Assignment Help Operation Management
Reference no: EM131039409

You are members of the strategic development group of one of the largest insurance company. The company has been successful for decades in selling auto insurance through twenty thousands of captive agents nationwide. Agents can independently purchase leads from any online lead generators. To reduce cost and improve coordination, the company recently has started to buy leads from a major lead generating aggregator and distribute the leads to its agents.

the top management has charged your group to analyze and develop strategies for the next five to ten years in regards to comparison shopping and online operations.

After analyzing information from all sources, your group identifies three possible strategic choices:

1. Phase out lead purchasing and disallow comparison shopping sites from displaying any information about the company.

2. Participate in comparison shopping. This includes obtaining leads from aggregators and allowing them to display our information (e.g., quotes) along side with competitors.

3. Provide comparison shopping service on our own website. Do this under either our own brand or a separate brand.

Discussion and comparison of each strategic choice

Reference no: EM131039409

Questions Cloud

Economic order quantity and annual holding cost : The weekly requirement of a part is 5910 units. The order cost is $260 per order. The holding cost is $11 per unit per year, and the part cost is $850 per unit. The firm operates fifty-two weeks per year. 1. Calculate the following - Economic order q..
About three types of flows in their supply chains : Supply chain managers should be concerned about three types of flows in their supply chains. What are these three flows, and why are they important? How are they related to each other?
Employee rights and specific to impacts in the workplace : In our Week 2 study (Issues 4, 5, and 6) these issues can be grouped around employee rights and specific to impacts in the workplace. Consider your personal knowledge and experience in employee rights and impacts in the workplace, and share the impac..
Need to monitor workers trump employee privacy concerns : Does an Employer’s Need to Monitor Workers Trump Employee Privacy Concerns. Provide arguments as noted in your textbook material and any material you may have researched that (YES) an employer's decided need to monitor workers take precedence over em..
Members of the strategic development group : You are members of the strategic development group of one of the largest insurance company. The company has been successful for decades in selling auto insurance through twenty thousands of captive agents nationwide. After analyzing information from ..
Creating an ethical practice environment : What is the role of the Advanced Professional Nurse in creating an ethical practice environment? Respond to this question, based on your selected APN role.
How do behavioral competencies impact the organization : From your perspective with your current employer, how do behavioral competencies impact the organization? What are two or three positions that exist in the organization and what are the behavioral competencies that people need in order to be successf..
Environmental and organizational factors : Describe "enterprise environmental factors" that must be understood to ensure that a project is successful and stays on schedule. Explain the organizational influences that might impact a project. Suggest possible strategies to make sure that these "..
Considering the use of a new predictor : Your boss is considering the use of a new predictor. The base rate is high, the selection ratio is low, and the validity coefficient is high for the current predictor. What would you advise your boss and why?

Reviews

Write a Review

Operation Management Questions & Answers

  Explain one example of medical outsourcing

List an discuss two ways in which firms are using social media poorly. Discuss how to improve one of the items you chose. List the two broad categories of application software. Describe the use/purpose for each application listed. Explain one example..

  What are the implications of these factors for job security

Assess the impact of macro-environmental factors on the likely level of enrollment at your university over the next decade. What are the implications of these factors for the job security and salary level of your professors?

  Identification of the successful characteristic of establish

Identification of the difficulties the managers may be having in establishing self-directed, high-performing teams. Identification of the successful characteristic of establishing self-directed, high-performing teams

  Deere skid-steer loader development process

What criteria--limit to four--should Scott Nolan use to screen suppliers to be integrated into the early phases of the Deere skid-steer loader development process? Why?

  Practice techniques for monitoring and control techniques

Select and defend your recommendation for best practice techniques for monitoring and control techniques to ensure a successful project. Consider your personal experience, research, and what you have learned in this course.

  Role in healthcare administration teams

To what extent do you agree that administrators should play a prominent role in clinical healthcare delivery teams while clinicians should play a prominent role in healthcare administration teams? Why or why not?

  Do you have suggestions for improved measurement strategies

In your organization, how does management assess marketing performance in both the short-term and long-term? Do you have suggestions for improved measurement strategies?

  Briefly discuss what is meant by critical path analysis

Briefly discuss what is meant by critical path analysis. What are critical path activities and why are they important?

  What is definition of heuristic decision method

What is the definition of a heuristic decision method? What might be a heuristic method for hiring someone? Explain and justify your logic

  Competitors are alleging that in important developing market

You are an independent consultant currently working for Philip Morris. Competitors are alleging that in important developing markets, such as Turkey, Philip Morris created special tobacco blends containing additives that give brands such as Marlboro ..

  Identifies one of major human resource management laws

Identifies one of the major Human Resource Management (HRM) Laws. Discuss how the law has impacted employees and/or organizations. How do you see the law being applied in the workplace? Describe two nontraditional ways in which managers can motivate ..

  Identifying the topic chosen in the subject of the posting

Choose one of the two "Moments" and present your answer to the "Discussion Questions" at the end in a discussion posting, clearly identifying the topic chosen in the subject of the posting. Support your opinions by referencing sources such as the t..

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