What are three generic competitive strategies

Assignment Help Operation Management

Reference no: EM132174129

Review Questions

Contrast the following terms:

Mission; objective statements; competitive strategy

Corporate strategic planning; ISP

Top-down planning; bottom-up planning

Low-cost producer; product differentiation; product focus or niche

Describe the project identification and selection process.

Describe several project evaluation criteria.

Describe value chain analysis and how organizations use this technique to evaluate and compare projects.

Discuss several factors that provide evidence for the need for improved ISP today.

Describe the steps involved in corporate strategic planning.

What are three generic competitive strategies?

Describe what is meant by ISP and the steps involved in the process.

List and describe the advantages of top-down planning over other planning approaches.

Briefly describe nine planning matrices that are used in ISP and project identification and selection.

Discuss some of the factors that must be considered when designing and building Internet applications.

Problems and Exercises

Write a mission statement for a business that you would like to start. The mission statement should state the area of business you will be in and what aspect of the business you value highly.

When you are happy with the mission statement you have developed in response to the prior question, describe the objectives and competitive strategy for achieving that mission.

Consider an organization that you believe does not conduct adequate strategic IS planning. List at least six reasons why this type of planning is not done appropriately (or is not done at all). Are these reasons justifiable? What are the implications of this inadequate strategic IS planning? What limits, problems, weaknesses, and barriers might this present?

Field Exercises

Write separate mission statements that you believe would describe Microsoft, IBM, and AT&T. Compare your mission statements with the real mission statements of these companies. Their mission statements can typically be found in their annual reports. Were your mission statements comparable to the real mission statements? Why or why not? What differences and similarities are there among these three mission statements? What information systems are necessary to help these companies deliver on their mission statements?

Reference no: EM132174129

Questions Cloud

What are the seven risk factors for breast cancer : What are the seven risk factors for breast cancer in the modified Gail model? What are the two screening practices of the women in the study?

Selecting the most appropriate training method : Describe how a trainer might go about selecting the most appropriate training method(s) for a training activity. Is one training method better than another?

Compute the time-driven activity cost driver rates : Compute the time-driven activity cost driver rates, assuming 9,000 hours of useful work and the unit time estimates given in the problem statement

Discuss health issues relevant to the lgbt communities : In this assignment, you will develop two separate infographics (informative posters) to discuss two separate health issues relevant to the LGBT communities.

What are three generic competitive strategies : List and describe the advantages of top-down planning over other planning approaches. What are three generic competitive strategies?

Resurgence of bed bugs in the united states : There is a resurgence of bed bugs in the United States. How would you deal with a bed bug problem at the hotel in Elko?

Compute total sales revenue jim beam company would record : The prevailing rate of interest for this type of note is 8%. Compute the total sales revenue Jim Beam Company would record for this sale on January 1, 2020

Discuss the firms us activities : Pick a firm of your choice that is headquartered in a country other than the US (non-US MNE) but has US operations. Discuss the firms' US activities.

Air carriers compare to other transportation modes : How does the cost structure of air carriers compare to other transportation modes? What are the current issues facing the air industry?

User Account

All Pages