Explain what is meant by the term ‘blue ocean strategy’ (Kim and Mauborgne, 2005) and discuss the extent to which this type of strategy is sustainable for the medium to long term survival of a business. Use examples
Q:
A: The PLC model is a life cycle of a product depending upon 4 various steps introduction, growth,…
Q: the process of auditing and improving organizational decision and actions, and providing feedback on…
A: The purpose of auditing and providing feedback is to motivate professionals to make changes in their…
Q: analyse the significance of scenario analysis in risk management
A: Scenario analysis is a process where the expected value of a portfolio is estimated for a given…
Q: What are the advantages of a total quality management program?
A: Total Quality management can be defined as an effort which is continuously made by the management…
Q: Rena is an employee at Bayshore Ltd a private sector company for some five years now. When Rena was…
A: An employee's employment performance has a considerable impact on their longevity & upward…
Q: What are the most common reactive reasons that firms expand internationally?
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Discussing the concept of corporate social responsibility? How does a file The organization…
A: Corporate social responsibility means the activities that the organisation undertakes should have a…
Q: What is a corporate evaluation? Please explain your answer What are the elements involved in…
A: Here multiple questions are asked, but we are advised by team Bartleby to attempt only single…
Q: Describe the entrepreneurial personality and provide advice for an individual starting his or her…
A: An entrepreneur is a person who develops and starts a new business and bears most of the risks…
Q: What is meant by Regular Business Loans?
A: Business- The term business refers to an enterprising entity and organization engaged in industrial,…
Q: oes the organization have the right to actively determine what types of behaviors consenting…
A: When employees operate efficiently as a team and practice basic ideals of civility and respect for…
Q: III. Write True on the space if the statement is correct. If it is false, explain why it is so.…
A: Note: Since you have asked multiple questions, we would answer the first question for you according…
Q: Explain, with an example, how and why unstable environments pose challenges to the management of…
A: Most manufacturing companies focus on increasing the efficiency of their operations so that they can…
Q: Operations Management 15.Organizational structure contributes to explaining and predicting…
A: The grouping of people to accomplish work is known as organizational structure. It establishes…
Q: Identify the key elements of organizational and management capital in information systems
A: The organization is running to increase their productivity, so that the profits of the organization…
Q: Write Mission and Objectives of a Grocery Store and five possible business strategies to achieve the…
A: Assume the name of grocery store to be ABC
Q: What are the stages of International Development?
A: Disclaimer- "Since you have asked multiple questions, we will solve the first question for you. If…
Q: Maha is starting up a ladies saloon project, she is very keen to provide quality products and…
A: Conformity CostsThe costs of compliance are the expenses incurred in incorporating or ensuring…
Q: Give three specific recommendations to the Local Government Unit in its effort to help local…
A: Small business gives growth, innovation, and strength to the local economies. They help their nearby…
Q: Identify and explain 3 change management strategies that could be used to maximize any of the…
A: Before you can implement your business strategy, you need to understand what that strategy actually…
Q: what is knowledge-sharing initiatives and processes. What is ONE approach that would be beneficial…
A: Knowledge sharing is the demonstration of trading data or understanding between people, groups,…
Q: Write an article about The impact of employee burnout on the productivity All details must be taken…
A: Employee burnout has been a problem since time immemorial. No matter what role people play, no…
Q: What are the different groups that you can identify in an organization: ethnic diversity, gender,…
A: Organization refers to a group of people who work together in an organized way to achieve a…
Q: For managers, speaking and writing skill is a vital necessity, their environments are primarily…
A: Communication: It illustrates the conveying or interchanging information or message via writing,…
Q: The Institute of Strategic Management Studies has invited you to present a guest lecture on…
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: Explain why being ethical comes first before practicing social responsibility.
A: Business morals are one division of professional & applied ethics. The progress of this…
Q: To address employee engagement concerns, organisations are implementing Six Sigma Process to Lean…
A: Employee engagement: It illustrates the eagerness and commitment level of employees and what they…
Q: Discuss the Build-Borrow-Buy Framework. How can a company make its strategy?
A: The organization needs resources to grow. Many times organizations have the right resources but they…
Q: Which of the following is an example of a barrier in the feedback stage of the communication…
A: Communication process: The communication process includes sender, encoding, message, receiver, and…
Q: Give insights about the "The Pen is Mightier than a Sword". (10-15 sentences with references).
A: Introduction- The pen is mightier than the sword, this sentences signifies that the power of a word…
Q: How can an employee take an ethical stand regarding the business decision when his or her superior…
A: Ethical practice of business brings in moral and fair approach of business when involved into…
Q: When there is ineffective training of employees, which part of the company suffers?
A: Disclaimer- "Since you have asked multiple questions, we will solve the first question for you. If…
Q: What is the role of Democratic leaders?
A: The practice of leadership is initiated for the purpose of getting motivated employees and…
Q: As the administrator, the company is relying on you to run the E-Commerce campaign project for…
A: Note - all we can provide a generalized answer for this question not related to a particular…
Q: Using the Competence School of Leadership, and using relevant examples, identify and justify three…
A: Leadership refers to the ability of a person to influence and motivate his team members and to…
Q: 21. For effective decision-making processes, the least the numbers of the levels in the hierarchies,…
A: For Every organization, decision-making is a very crusical process as it defines various business…
Q: Briefly explain Hofstede’s model of national cultures. Discuss how this model may be used in…
A: Culture: It depicts the joint arrangement of the mind differentiating the members of one societal…
Q: The goal-setting theory allows leaders to formulate an approach that considers O difficult goals,…
A: Leadership plays an important role in guiding and supervising the behavior and conduct of…
Q: In your opinion, identify at least three advantages and three challenges of a multicultural…
A: Introduction- International teams have become a vital aspect of firms and organizations in today's…
Q: Identify a true statement about the human relations approach to management.
A: The human Relations management theory was created between 1924 and 1932 at the Hawthorne plant of…
Q: dè or False. 1.1. An educational institution converts students into graduate which is an example of…
A: Supply Chain Management (SCM): This refers to the process of management of flow of goods and…
Q: What should managers consider when purchasing new technologies or upgrading their present systems in…
A: Technology adoption isn't just about getting the most delinquent technology for the business. Before…
Q: 15.Organizational structure contributes to explaining and predicting behaviors. It also answers many…
A: Organizational structure is a system that defines how the activities of an organization like the…
Q: 2. Define and explain the five developmental stages of teams.
A: In simple terms. a team can be defined as a group of people who were initially strangers and later…
Q: ALA Co. is a retail organisation, from the beginning of the year your team has been assigned to work…
A: Human resource planning aids to find out the current and future requirements of human resources for…
Q: General introduction about ethics and CSR.
A: Concept Of Ethics And CSR - Ethics, also called moral philosophy is a term, which is placed as a…
Q: what do you mean by “dissatisfaction isn’t always about pay?”
A: Employee dissatisfaction occurs when the employee does not feel happy with his job. This can be…
Q: enumerate 5 unethical practices in the workplace that may affect employee’s performance and…
A: Business ethics refers to the moral rules and practices that every organization has to follow. It is…
Q: When it comes to product lifecycles, how would you describe each one in detail?
A: Product- A product is any service or item that an individual sell to serve a need or want of the…
Q: The process of starting a new business can be difficult, especially when you are trying to break…
A: Business is an organization for professional outcomes. It is important because it improves the…
- Explain what is meant by the term ‘blue ocean strategy’ (Kim and Mauborgne, 2005) and discuss the extent to which this type of strategy is sustainable for the medium to long term survival of a business. Use examples
Step by step
Solved in 2 steps
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?This question is based on "Sustainability at Millipore" by Michael W. Toffel. Discuss the lessons learned from this program in sustainability - its successes and its challenges. Using this experience as a foundation, provide the major components of a future program, -- its potential successes and the significant obstacles it will need to overcome. In your report, present an analytical focus, one which critically analyzes the sustainability initiative and provides an honest assessment of the pros and cons of your proposed strategies.
- Pinkie Ice-Cream Itd. Pinky Ice-cream Itd. is an ice-cream company that is located in the city of Palma and has branches in several communities. The brand is an emerging brand and is becoming very popular among children and young adults. One of the reasons why this brand of ice-cream is becoming so popular is because the quality is outstanding. The Operations manager work closely with the marketing manager to ensure that the best quality ice-cream is sold to customer. The OM manager uses the best quality ingredients and ensures that the best machines and labour are employed in the transformation process. They also produce a variety of flavours to ensure that the customers have a wide choice. Weekly customer demand for the ice-cream can be seen in the table below. Week Demand (gallons) 280 295 1 2 3 315 4 300 340 6 335 350 Seeing that the company is fairly new, management is yet to formulate a mission and a vision statement for the organization. They are planning to develop a strategic…Explain in detail when the company need to define the SCOPE of the NPD strategyWhat could be done to prevent the spoilage of fresh produce tomatoes due to market disruption brought about by the Covid-19 pandemic? Suggest 3 preservation methods to be used on the tomatoes and provide a plan with a consideration of the market/supply chain to help the farmers.
- In detail, discuss the four ocean Incoterms 2020, and provide examples of each.Propose a corporate strategy for the Coffee Merchant that will apply for the next 10 years. Critically assess the competitive advantage of the company that their current strategy offers: Identify and evaluate the factors that contribute to their competitive advantage. Referring back to your analysis up to this point, identify at least 5 issues pertinent to the Coffee Merchant. Identify an appropriate option that would be the basis of their new strategy in the light of the above Prioritise the issues and select two of them. Develop at least three options relevant for the corporate strategy. Assess these options as taught and create a proposal. Identify your final choice and discuss the impact it could have on at least three stakeholder groups. Review the stages have been undertaken for this assessment have contributed insights that informed your proposal and why they were needed to ensure your proposal is robust. Make sure you demonstrate your understanding of…he following information has been extracted from the 2020 sustainability report of the major supermarket chain Coles Group. FY20 presented difficult times for our team members, customers, suppliers and the community as we dealt with unforeseen challenges including drought, devastating bushfires and COVID-19. Community partners SecondBite and Foodbank also felt the impact, and we supported them with additional food and product donations. We thanked rural fire brigades by providing them with more than $3 million in gift vouchers, and we supported the Country Women’s Association and the Australian Red Cross. For the CSR activities outlined above you are required to: (a) Identify which CSR motivation would most likely apply to explain Coles’ decision to disclose that information, and (b) Explain how the information disclosed applies to the CSR motivation you have identified.
- Good Practice Example - Sourcing Process at Federal Express FedEx Corporation is a $20 billion market leader in transportation, information, and logistics solutions, providing strategic direction to six main operating companies. These are FedEx Express, FedEx Ground, FedEx Freight, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services. Prior to the purchase of the Ground, Freight, and other non-express-based services, Federal Express had reorganized all of its major indirect spend in information technology, aircraft, facilities/business services, vehicles/fuel/ground service equipment, and supply chain logistics groups under the Strategic Sourcing and Supply group, led by Edith Kelly-Green. After the purchase of these different businesses, the supply management function was reorganized into a Center-led supply chain management (SCM) sourcing model. (“Center” refers to a Center of Excellence that focuses on centralizing sourcing strategy teams.) Over the last two years, FedEx…What are the differences of how Nike defines “sustainability” than the standard business understanding of this term?Situation #1: You are working in a restaurant as a sale staff. The Operation Manager requested you to prepare a sales forecast for 2022 in preparation for next year Annual Plan. During the regular business days, the restaurant earns an average of 20,000 a month. Prepare a draft sales plan and provide an explanation of your sales plan. Consider current status of the pandemic and the regulations of the government towards local business. Use the template below.