...Chapter 01 What Is Strategy, and Why Is It Important? Multiple Choice Questions 1. | Keeping in mind Apple's competitive advantage, which of the following products was introduced by Apple in 2007? A. | iPad | B. | iPhone | C. | iPod | D. | iTunes | | 2. | _____ is best described as an integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage. A. | Supply chain management | B. | Integrated technology management | C. | Strategic management | D. | Inventory management | | 3. | _____ is best described as a set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. A. | Behavior modification | B. | Strategy | C. | Credo | D. | Competency management | | 4. | Which of the following stages of the strategic management process involves an evaluation of a firm's external and internal environments? A. | Strategy analysis | B. | Strategy implementation | C. | Strategy formulation | D. | Strategy control | | 5. | In _____, a firm frames a guiding policy to address the competitive challenge. A. | strategy control | B. | strategy implementation | C. | strategy formulation | D. | strategy analysis | | 6. | Through _____, a firm puts its guiding policy into practice by employing a set of coherent actions. A. | strategy control | B. | strategy implementation...
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...10-30-13 Turning points are event or occurrences that are associated with change in a relationship. It can also be thought of as major events that can also be relational setbacks. Events that have the strongest impact on a relationship is where most of its at. Turning point approach is easy to understand when you look at something positive happens the line grows up depending on how much of an impact it has determine how high it will go. In turning point there are interdepended, breadth, depth, commitment, understanding and predictability, communication code change, shared social network, and interpersonal trust that are associated with it. In every sport an athlete becomes close to his/her coach.to have a close relationship or intimate relationship with their coach. Well in the beginning of my freshman year playing football I had no type of relationship with my coach. He was a strict guy that gives nobody a chance to shine except for the older guys. We weren’t close until we played a team that had a good record. Through out the game I was badly injured and barely had protection but I still manage to dominate with a high amount of yards even though we still lost the game everybody was counting on me and I guess I was doing everything good. That day my coach was watching and was very impress with my performance and after the game he told me I have earn my respect. One dimension in this relationship is commitment because at one point I wouldn’t satisfy with being on the team. But my...
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...In the world we live in, human beings rely on their socialization skills to survive. These social skills help them to develop interpersonal relationships with each other. One of the main intimate relationships that developed over time is the bond between a man and a woman. This union became sacred in society, and a term “marriage” developed. In their book, The Ties that Bind: Perspectives on Marriage and Cohabitation, Bachrach, Hindin, and Thomson define marriage “as a legally and socially recognized union, ideally lifelong, that entails sexual, economic, social rights and obligations for the partners” (3-16). Since the evolution of marriages, there have also been arranged marriages. This can be seen as the arrangement of a marriage by a third party, usually by the couple’s parents. Arranged marriages may lead to a longer lasting relationship than non-arranged marriages, because the success of the marriage is stronger with a support system, since the parents, community, religion, and cultural background are involved in making and sustaining the marriage bond. Initially one might believe that arranged marriages are a distinct feature of the eastern societies but the western societies also have deep roots and seeds of arranged marriage customs and traditions. Arranged marriages have existed for centuries, and it traditions are still practiced today. Many might see an arranged marriage as forced or unwanted but studies done by Myers, Madathil, and Tingle “showed that differences...
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...proposal that the intellectual property rights (IPR) attached to potentially life saving/life sustaining innovations should become public goods in cases where markets are either unable or unwilling to pay for the creation of the intellectual property. Using a free market approach to innovation based on Western moral philosophy, we suggest that treating intellectually protected life saving/life sustaining innovations as public goods will likely reduce social welfare over the long term. KEY WORDS: entrepreneurship, ethics, innovation, intellectual property rights, policy ‘‘For the Scripture says, ‘Do not muzzle the ox while it is treading out the grain,’ and ‘The worker deserves his wages’ ’’ 1 Timothy 5:18. Ray (2004), in a recent critique of Miles et al. (2002), proposes that the intellectual property rights (IPR) generated from any life saving/life sustaining entrepreneurial initiatives should be transferred to the public domain whenever potential users of these innovations are unable or unwilling to enter into mutually beneficial exchange relationships with the creators of the IPR. This reply offers a perspective on why Ray’s (2004) imperative does not maximize social welfare and, in fact, will tend to diminish social welfare over the long-term as a result of lower economic incentives for innovation. Introduction ‘‘Few trends would so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than...
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...Regulations and guidelines related to audits of internal control Internal control is a very significant aspect for any organization in order to avoid or distinguish fraudulent acts and misstatements in financial reporting. Apollo Shoes’ existing rule should require that the planning, sustaining, and implementing of guidelines and processes for financial reporting to be performed by management. The Sarbanes-Oxley Act of 2002 Section 404(a) suggests that executives of an organization should present a report with details regarding internal control and list the obligations of management for instituting and sustaining a sufficient structure of internal controls and techniques for monetary reporting in conjunction with an evaluation of the usefulness of the recognized structure of internal control and processes for financial reporting at the end of the fiscal year. Section 404(b) also requires auditors to present a statement on the efficiency of internal control over financial reporting that can be presented independently or comprised in the concluding report. Also, on the internal control report, Apollo Shoes’ is responsible for identifying the structure utilized to evaluate its success while it is our responsibility to achieve comprehension and knowledge of Apollo Shoes’ internal control framework in order to evaluate the threat of material misstatement of the financial report. Internal Control Risks Identified within Apollo Shoes The management team of Apollo Shoes is accountable...
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...Modern Quality Management Explain each of the following statements as they apply to modern quality management. a. Customer service is the rule, not the exception. b. The absence of defects is a given rather than a source of competitive advantage. a) The foundation of modern quality management is that the customer is the main judge of quality. Part of the customer’s experience is also the customer service. Customer service is essential and vital to the success of a company because if people see the customer service as lacking, this can also translate to its products. Poor customer service can be seen as bad quality. This starts a chain reaction of affects – without customer service, customers view the product as lacking (not good quality) and will therefore look to other companies for the product. This means less customers, which means less money and companies cannot succeed without money. So to say that customer service is the rule, not the exception means that there is the recognition of customers and their perception of quality of a companies product an that quality and customer service is expected. It is a given. b) Another given under modern quality management is that the customer expects the absence of defects. It is not enough to be lacking in defects to constitute as a quality product. Quality has evolved to being more than lacking defects to focusing more on customer satisfaction. Customer expectations have to be exceeded so customers continue their patronage...
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...B2b market globally. After considering the different ways in which our economy can be improved, we can understand the current state of the economies by analyzing the marketing strategies that are undertaken by business houses in a nation. Marketing strategies will help the business grow in volume and hence is an essential element for an enterprise to survive. When a certain industry is under tough competition, that is if there are multiple players competing for the same prize there shall be an increasing successful marketing industry providing these services. The profits and growth of the marketing industry - be it online, viral or one to one, reflects on the mood of the economy. Today, China has an online market place that has also catered to international business called 'Alibaba.com'. The USA has various sites like Alibaba (B2B & B2C site) named Ryze that is similar to alibaba but also includes networking in it's gamut. India has various sites, the most popular (popular not successful) is indiamart.com. Comparing the worthiness of these sites - Alibaba.com takes first position among all. US sites come second and the rest follow. Why do you think Alibaba.com, a site born in China that caters to the world needs is so massively successful while their counterparts remain to be content with a smaller share? The reasons lie in the economic development of the respective nations. China, a post communist regime turned democrat is the home to alibaba. The world...
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...Strayer University - Online BUS499 Week 3: Nestle: Sustaining Growth in Mature Market Professor: Robert Brown Abstract Nestle is presently one of the largest food company in the world. Nestle has been called the most conglomerate companies ever, with more than 400 plants in 60 countries and growing. Nestle is Switzerland's largest industrial company and the world's leading food processor. The food giant ranks as one of the 100 largest companies in the world. Nestlé’s primary products include beverages such as (coffee, chocolate drinks, mineral water, and soft drinks), dairy products, infant formula, culinary products (soups, seasoning, condiments), frozen foods and ice cream, yogurt and chilled desserts, and chocolate. Nestlé is committed to providing quality brands and products that are essential to good living. In doing so, the Nestlé name has become synonymous with great-tasting, nutritious food and beverage products. (nestleusa.com) For well over a century, Nestle commitment to producing foods that’s uniquely fulfilling people's needs has been the secret ingredient in everything we they make. Introduction Nestle is know as one of the world’s leading Nutrition, Health and Wellness Company. The Company's priority is to bring the best and most relevant products to people, wherever they are, whatever their needs, throughout their lives. Nestle boasts a broadly diversified business portfolio and has leading global market shares in numerous product categories...
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...Journal of Sociology and Education in Africa – Vol.4 No.2: June 2006 INSTITUTING ACADEMIC INTEGRITY IN NIGERIAN UNIVERSITIES: PSYCHOLOGICAL PERSPECTIVES OF MORALITY AND MOTIVATION Olabisi Olasehinde-Williams Department of EductgionalFoundations University of Ilorin, Nigeria ABSTRACT This paper explores the issue of academic integrity in Nigerian universities from the psychological perspectives of morality and motivation. The need and procedure for confronting the problem of academic dishonesty via academic integrity policy are advocated; and specific obligations and responsibilities of academic staff, students and administration in evolving academic integrity climate in universities are identified. Collaborative efforts among universities in engendering academic integrity climate; and collaborative research work in related areas are considered important and called for in the paper. INTRODUCTION It is no longer news that academic dishonesty remains one of the major challenges of the Nigerian education system (Olasehinde, 2000; Olasehinde-Williams, Abdullahi & Owolabi, 2003). – Literature is also replete with plausible explanations for the ‘culture’ of academic dishonesty (Olasehinde et al. 2003); and researchers have proposed variety of methods of dealing with the same (Crown & Spiller, 1998; Marzean, 2001). Deriving from such proposals for instance, it is new commonplace in most universities, to take such measures as alternate seating arrangements and identity checks in order...
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...iMBA 560 Corporate Innovation Strategies Managing innovation is quite different from managing operations; and, managing uncertainty inherent in innovation requires specific tools and thinking. Whereas operations are an established process driven by existing knowledge, innovation is a learning process that creates new applied knowledge. Operations generate today’s value; but, innovation creates tomorrow’s opportunities. With many markets increasingly becoming more and more competitive, those who innovate best will win the future. During the past nine weeks, you were exposed to a variety of perspectives on innovation via case studies and a collection of readings. You analyzed company after company and situation after situation that boosted your analytical skills and exposed you to the ways companies and managers actually do things. And, you were at the scene of the action, learning the events and organizational circumstances surrounding a particular managerial situation in the innovation process. You have learned how to identify the sources of innovative success and failure inside corporations and how companies can sustain a capability to innovate. However, there is no recipe for managing innovation, because the challenges that innovation poses change over time and reflect an organization’s unique history and culture. The readings of assigned book chapters and journal articles stretch your imagination and ability to think about corporate innovation strategies with...
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...different ways to contribute and practise effective workplace practises. I also learned about different leadership styles. I felt good throughout the class as I was an active participant in all topics. I felt good about taking on the knowledge about learning and sustaining workplace ethics and self morale. I believe that this knowledge will help during my job times. Week 2 – Reflective Journal In today’s session I learned about developing and implementing work plans. The idea behind is to integrate into and build a healthy, trustworthy and reliable relationship with colleagues. I listened the whole session carefully, gave my opinion at right time and respected to the opinion shared by other students. I also learned about how at a workplace we can maximise the performance and outcomes and yes how can i forget the amazing organisational theories, boring but important. I took proper notes throughout the session and kept myself attentive till the end. Week 3 – Reflective journal In this week’s class I learned about implementing various strategies to ensure that the communication in a workplace is effective. I think the information was very necessary to develop my own level of understanding of initiating and sustaining a healthy communication amongst colleagues. I also learned about different ways of resolving the conflicts at the workplace if and when they arise. I personally would always be proactive about it however at any times if i do face any such conflicts then the knowledge...
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...Facilitate the understanding of her work allowing nurses to readily apply this knowledge within their practice. Objectives Describe the general aspects of Watson’s caring theory. Describe how Watson’s caring theory can be applied to clinical practice. Describe the person through Watson’s caring lens. Describe the person’s health through Watson’s caring lens. Describe nursing through Watson’s caring lens. Key Words: Watson’s caring theory, clinical caritas processes, transpersonal caring relationships, caring occasion, clinical application of Watson’s theory Abstract As most health care systems around the world are undergoing major administrative restructuring, we expose ourselves to the risk of dehumanizing patient care. If we are to consider caring as the core of nursing, nurses will have to make a conscious effort to preserve human caring within their clinical, administrative, educational, and/or research practice. Caring must not be allowed to simply wither away from our heritage. To help preserve this heritage, caring theories such as those from Jean Watson, Madeleine Leininger, Simone Roach, and Anne Boykin are vital. Through this continuing education paper we will learn the essential elements of Watson’s caring theory and explore an example of a clinical application of her work. Introduction The changes in the health care delivery systems around the world have intensified nurses’ responsibilities and workloads. Nurses must now deal with patients’ increased...
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...they are inside the car and as they exit the vehicle, Weir zooms into Rachel’s face which is comprised with shock followed by a smile. By doing this Weir is able to manifest the notion of romantic tension between his two characters by confronting his audience with a situation that demonstrates Book’s growing fondness of Rachel. The use of soft and ever-present sounds is utilised to demonstrate the innocence of his characters emotions. Furthermore by applying these techniques the audience is pulled into a world which exacerbates the social regulations that may prohibit the growing relationship between Book and Rachel. This has a profound impact on the audience the rigid culture clash becomes ever more evident which Weir does purposely to expose his intentions towards the central theme of the movie – a culture clash. Lighting is used in this scene to depict the impossible nature of the relationship. The lighting in the scene is low key. The main lighting technique used in this scene is Chiaroscuro. This creates a romantic atmosphere and thus romantic tension between the two. The use of this level of lighting shows the audience that there...
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...in the 50 US states and 20 other countries and serves more than 85 million individuals worldwide (UnitedHealth Group, 2013). They offer a wide spectrum of health care services and products through two operating businesses: UnitedHealthcare, which provides benefits services to individual consumers and employers of all sizes and health care coverage: and Optum, which provides technology health services and information in care delivery and improving the operating and clinical elements of the system and population health management (UnitedHealth Group, 2013). “UnitedHealthcare is dedicated to helping people nationwide live healthier lives by simplifying the health care experience, meeting consumer health and wellness needs, and sustaining trusted relationships with care providers” (UnitedHealthcare, webpage). UnitedHealth Group was named the world’s most admired insurance...
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...QUALITY OF Online Social Relationships ONLINE RELATIONSHIPS ARE LESS VALUABLE THAN OFFLINE ONES. INDEED, THEIR NET BENEFIT DEPENDS ON WHETHER THEY SUPPLEMENT OR SUBSTITUTE FOR OFFLINE SOCIAL RELATIONSHIPS. { By Jonathon N. Cummings, Brian Butler, and Robert Kraut} eople use the Internet intensely tor interpersonal commimication, sending und receiving email, contacting friends and family via instant messaging services, visiting chat rooms, or subscribing to distribution lists, among other activities. The evidence is clear that interpersonal communication is an important use of the Internet, if not its most important use. For example, both selt-report surveys 112] and computer monitoring studies [5] indicate that email is the most popular online application. Claims regarding the Internets usefulness for developing social relationships, however, remain controversial. Both personal testimonials (for example, []()]) and systematically collected data document the deep and meaningful social relationships people can cultivate online (for example, |8]). This evidence, however, conflicts with data comparing the value that people place on their online relationships with offline relationships and with data comparing social relationships among heavy and light Internet users. For example. Parks and Roberts [9] surveyed users of multiplayer environments called MOOs. Ninety-three percent of the users had made friends online, but when asked to compare their ...
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