Reference no: EM131163348
1. A firm normally can identify its basic competencies and the desirable improvements that it can make to help meet the requirements of potential customers within its intended market. After conducting an internal analysis, what are some of the indications that tell top management that the firm is able to generate a profit? What happens when the firm does not have the required competencies and resources? Based on this perspective, would it help the firm to hire the top talent in the field?
2. What will be the key developments in the global environment of business during the next five years? On the basis of these, what will be the greatest challenges that firms from the advanced industrialized countries will face? What strategies will firms need to adopt in order to prosper in the environment you foresee? What are the implications for these developments for firms' organizational structures, management systems, and leadership styles?
3. The process that a business takes in developing a strategy is one of the single most important tasks that a business will do. What do we use strategy analysis for and how can we identify wither the strategy is a part of the Corporate level strategy or Business level strategy? How can we identify if the strategy is a part of the firm or of the whole firm competing in a specific market.
4. Competitive intelligence is an important approach to identifying current and future competitors and generally identifies how a firm should respond. To what extent is a firm's value approach helpful in assessing performance from an external point of view? Is it possible for managers to manipulate their firm's value for stakeholders' interests or for self-serving reasons? Are there currently any trends in the business world to increase control and accountability for top managers and accounting firms?
5. Today's business environment requires companies to undergo changes almost constantly and rapidly evolving technology forces businesses to respond in order to survive. When Technological changes occur why do firms react differently? What determines a firm's ability to prosper? What are the strategic implications of that shift? When and how should the firm shift to the new technology?
|
Marginal revenue equals
: Each firm currently maximizes its profit by providing 15 oil changes per day. a. For each firm, marginal revenue equals $ . (Enter your response rounded to the nearest dollar.)
|
|
Which companies should gather competitive intelligence
: Research the various methods different companies use to gather competitive intelligence and then analyze the most effective methods by which companies should gather competitive intelligence
|
|
Law of increasing opportunity cost related
: Respond to the following question in three well-composed paragraphs: In what ways are the bowed-out shape of the production possibilities curve and the law of increasing opportunity cost related?
|
|
But many people complain about underemployment
: The unemployment rate is declining in the USA; it is around 5%. But many people complain about underemployment, which means that they want to work full time, but they can find only a part-time job. The main concern of the second group is that the exp..
|
|
What are the strategic implications of that shift
: What determines a firm's ability to prosper? What are the strategic implications of that shift? When and how should the firm shift to the new technology
|
|
Market equilibrium-social efficient market equilibrium
: The following equations represent supply and demand functions for electricity in a certain city: Compute the net surplus (= PS+CS - total environmental external costs) at private market equilibrium and social efficient market equilibrium.
|
|
Suppose that the demand curve for cantaloupes
: Suppose that the demand curve for cantaloupes is P=120-3QD, where P is the Price per pound (in cents) of a cantaloupe and QD is the quantity demanded per week. Suppose that the supply curve for cantaloupes is P=5QS, where QS is the quantity suppli..
|
|
Problem regarding the production function
: a. Derive contingent factor demand L*(w,r,Q), K*(w,r,Q). b. Derive (dk(w,r,Q))/dw, (dk(w,r,Q))/dr, (dk(w,r,Q))/dQ, c.Classify the returns to scale of this production function. d. Derive the cost function c(w,r,q) by plugging your factor demands from ..
|
|
Periodically struck by an epidemic disease
: Imagine an island economy that is periodically struck by an epidemic disease that affects only children. From past experience the islanders found that the disease strikes randomly, affecting 80% of all children. What is the (laissez faire) market sol..
|