Strategy makes sense to you if the external environment

Assignment Help Operation Management
Reference no: EM131707515

The overall adaptive strategy, in essence, this is simply determining based on the external and internal assessment whether the overall company needs to be in a growth mode, a contraction mode or stay about the same size overall. Of course, the overall adaptive strategy for the company should be the sum of the appropriate adaptive strategies for each strategic buiness unit. In general, if both the external and internal environments are positive, a growth overall adaptive strategy normally makes sense and if both environments are negative, a contraction adaptive strategy normally makes sense. What adaptive strategy do you think makes sense if the external environment is positive, but the internal environment is negative (that is you have no distinct competitive advantages and/or have several competitive disadvantages) and what would you focus on? Likewise, what adaptive strategy makes sense to you if the external environment is negative (i.e., in the decline phase and is shrinking) but you have some distinct competitive advantages and, in this case, what would you focus on?

Reference no: EM131707515

Questions Cloud

Federal courts of limited or special jurisdiction include : Federal courts of limited or special jurisdiction include:
Concept of bundled payments concept applies : Medical specialties that the concept of bundled payments concept applies to and how?
Assume that you are to hose a specific ethnic parade : Assume that you are to hose a specific ethnic parade.
Business unit and organization mission is sacred : We often hear that a business unit's and organization's mission is sacred.
Strategy makes sense to you if the external environment : what adaptive strategy makes sense to you if the external environment is negative but you have some distinct competitive advantages
Recruiting and hiring potential candidates to a company : These questions relate to recruiting and hiring potential candidates to a company. What is signaling and what role does it play during recruiting?
What is the bottleneck time of this work cell : What is the throughput time of this work cell? What is the bottleneck time of this work cell?
Opinion of joan view on job analysis and job job evaluation : Do you think that job analysis and job evaluation will benefit Customers First? What is your opinion of Joan’s view on job analysis and job job evaluation?
What are the implications for motivation : "what are the implications for motivation?" what is this question really asking?

Reviews

Write a Review

Operation Management Questions & Answers

  Retirement plan for itd employees

Titan Corporation provides a retirement plan for itd employees. One of its employees has vested benefits under the plan which will pay her $30,000 annually for life starting with the first $30,000 payment on the day she retires at the age of 65. T..

  Some expertise in nuclear magnetic resonance

The hospital has extensive experience and capability in implementing medical systems and has some expertise in nuclear magnetic resonance (NMR) scanners, as it currently operates one in the hospital. Your project is to evaluate, select, and install a..

  Creating synthetic gold-colored material called ever-gold

The primary asset of Greene's Jewelry is its patented process for creating a synthetic gold-colored material called "Ever-Gold," which is used in Greene's necklaces, rings, earrings, and bracelets. Ever-Gold is impervious to scratches, discoloration,..

  Merge with others to pool their capabilities and resources.

Do you think this trend results in reduced competition?

  Challenges in analyzing software development projects

Describe briefly the five (5] key stakeholders in most projects. Class, scheduling involves production of both the network diagram and Gantt chart. Is it necessary to produce both? Why, or why not? Describe some of the challenges in analzyzing softwa..

  Provide competitive advantage to an organization

How can information itself provide a competitive advantage to an organization? Give an example and describe its associated risks. Do you know of an organization that does a great job of using information to beat the competition?

  What are the group decision-making processes and structures

What are the group decision-making processes and structures in place at your current or with a previous employer that were designed to eliminate bias, create structure, and cultivate consistently better decisions

  Community medical associates case study

Community Medical Associates (CMA) is a large health care system with 2 hospitals, 25 satellite health centers, and 56 outpatient clinics.

  Certain type of construction project

The mean time required to complete a certain type of construction project is 61 weeks with a standard deviation of 4.15 weeks. What is the probability of the completing the project in no more than 58 weeks? What is the probability of the completing t..

  Determination of the critical path

Shirley Hopkins is developing a program in leadership training for middle-level managers. Shirley has listed a number of activities that must be completed before a training program of this nature can be conducted.

  What will be the companys return on equity

Management projects an EBIT of 1,000,000 on sales of 10,000,000 and it expects to have a total assets turnover ratio of 2.0, under these conditions, the tax rate will be 34%. If the changes are made, what will be the company's return on equity?

  Address emotional and spiritual needs of patients

What does literature (journal articles, websites) say about spirituality and spiritual care, the history and use of it, does it work or not and what are other institutions implementing to address emotional and spiritual needs of patients?

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