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strategic management
Questions and Answers of
Strategic Management
What global attitude do you think characterizes Nomura?Be specific in your description. Do you see any evidence of that changing? L01
What obvious cultural differences between Nomura and Lehman do you see in this situation? L01
What Implications does the statement about "sun/iving on the world stage" have for the future strategies pursued by the Tata Group? L01
Do you think an international conglomerate would be more difficult or less difficult to strategically manage than a more focused company? Discuss. L01
Do some research on the Tata Group [wvvw.tata.com].What is its purpose? How would its core values Influence strategic choices? Does its international strategy approach seem to be working? L01
Do some research on India's economic and political-legal environments. What opportunities and threats do you see?In light of these, do you think Ratan Tata's strategy of pushing outside India makes
What strategic challenges do you think Cyrus Mistry might face as he guides his company? Using what you know about managing strategically, how might he respond to these challenges? L01
Discuss the advantages and drawbacks of going international using Tata Group's experiences. L01
Update the information on Nokia: revenues, profits, market shares, products, etc. Have its strategies worked? Why or why not? L01
One of the most interesting things to me about this story is the alliance between Nokia and Microsoft. How did this get done? What do you think that process entailed? L01
What steps has Nokia's CEO taken to turn around his struggling company? Be specific. L01
What international strategy advantages and drawbacks can you see in this case? Discuss.32== What do you think are the difficulties in being a marketleading competitor trying to compete in so many
Which part of the strategic management process do you think might be most important to an international business such as Zara? Explain your answer. L01
What strategic challenges might Zara face as the company continues to compete internationally? L01
What examples of managing strategically do you see in this case? L01
Look back to Chapter 2 at Figure 2.3.Describe the context facing Zara.Focus especially on describing the driving forces that are affecting the fashion industry and the implications of these driving
Suppose you were being sent on an overseas assignment to another country (you decide which one). Research that country's economic, political/legal, and cultural environments. Write a report
Interview two or three professors or students at your school who are from other countries. Ask them to describe what the business world is like in their country. Write a short paper summarizing what
On this Web site, you'll also find Country Etiquette Guides. Pick two countries to study(from different regions) and compare them. How are they the same? Different? How would this information help a
The U.K.-based company, Kwintessential, has several cultural knowledge "quizzes" on its Web site [http://www.kwintessential.co.uk/resources/culture-tests.html]. Go to the Web site and try two or
Using current business periodicals, find examples of the ethnocentric, polycentric, and geocentric attitudes toward global business. L01
Describe other international strategy implementation and evaluation decisions. L01
Explain how international organizations might be structured. L01
What are the five International strategy alternatives? L01
Contrast the multicountry and the global approaches. L01
Go to Ford's Web site [corporate.ford.com].Summarize any information you can find about Ford's"global" strategy. L01
Should ethical/corporate responsibility issues be part of the international strategy decision-making process? Why or why not? L01
"It's a tricky dance between first-world brands and third-world production." What do you think this statement means? L01
Whose responsibility is it to ensure that workplaces are safe, especially when work is outsourced?Discuss. L01
What are some of the challenges that today's organizations have to think about in developing a successful international strategy? L01
What is the importance of these concepts for the strategic management process? L01
Discuss why it's important to understand national culture. L01
What economic issues might affect a company's international strategy? L01
What aspects of the legal-political environment do strategic decision makers need to examine? L01
What other industries in China might be affected by surging labor and food costs? L01
How do regional trade alliances make businesses more globally competitive? L01
What drawbacks might these regional trade alliances have for these businesses? L01
What benefits do these regional trade alliances have for businesses In these countries? L01
If you were the person in charge of the Russian Exxon office, what would you tell your employees? L01
What's your reaction to this? L01
Describe the potential drawbacks of being international. L01
Describe the possible advantages of being international. L01
Explain international strategy. L01
What challenges do you think Disney might encounter in doing business in India? L01
Why do you think Disney chose to invest in India? L01
If you were on Disney's executive team, which of Disney's operations would you look to expand into India? (For instance: Disneyland, TV shows, movies, characters, etc.) L01
As a student, what information did you read here that"hit home" with you? Why? L01
Do you speak another language? Flave you ever traveled to another country? Why or why not?Would you consider yourself parochialistic? L01
Describe the important international strategy alternatives and explain how they're implemented and evaluated. L01
Explain the issues that arise as organizations go international. L01
Describe international strategy, and explain why it's important. L01
Would you ever pay out dividends when your firm’s annual net profit is negative? Why or why not? What effect could this have on a firm’s strategies?
List three ways that financial ratios should be compared or used. Which of the three comparisons do you feel is most important? Why?
Does spending more on research and development usually positively impact stock price appreciation?
How does the cost of sales compare between online versus brick-and-mortar sales approaches?
Does the RBV Theory help in determining diversification targets?
Do you think the RBV view or the I/O theorists view is more accurate in performing a strategic analysis? What would be the important implications for a business?
Why is inclusion of about 20 factors recommended in the IFE Matrix, rather than about 10 factors or about 40 factors?
When is it more important to capitalize on strengths than improve on weaknesses in strategic planning?
Since Nestlé is so divisional, how could the company best develop a corporate IFE Matrix for various Divisional IFE Matrices?
Could Nestlé and Mars, Inc. being rival companies hinder the two firms from cooperating with each other on R&D or facilitate the gathering and assimilation of competitive intelligence of one or the
Explain how top executives of Nestle could utilize Porter’s Five Forces Model to aid the firm in strategic planning.
Explain how Nestlé could utilize breakeven analysis.
Prepare a financial ratio analysis for Nestlé. Include comparative ratios for a rival and for the industry.
For the Nestlé Cohesion Case, what do you consider as the company’s four major strengths and four major weaknesses?
Go to the www.strategyclub.com website and review the benefits of using the free excel template.
What are the basic functions of production/operations in a large manufacturing company? Why are these factors important in an internal strategic management audit?
Why is breakeven analysis such an important strategic planning concept?
Explain breakeven analysis using three graphs that show changes in breakeven given: 1) a change in price, 2) a change in advertising expenditures, and 3) a change in labor costs.
Financial ratio analysis should be conducted on three separate fronts. What are these fronts and which is most important?
Develop a breakeven chart for a company, which simultaneously lays off employees and closes facilities.
Rate the company where you work, or would like to work, on the fifteen aspects of culture listed in the chapter.
What five cultural products do you feel are most important?Justify your selections.
Search the Internet for financial information on Volkswagen (VW). Identify three financial ratios where the firm is weak and three financial ratios the firm is strong.
Identify four major strengths and weaknesses each, of your college or university. Rank each factor in terms of importance.
Develop a value chain analysis for a large global firm and its primary rival firm.
Visit the www.strategyclub website, and describe the strategic planning products offered.
Describe Singapore as a place to locate or start a business.
Historically, what has been the attitude of technology firms toward paying dividends? Give some examples.
How do changes in the value of the dollar affect pricing of products of global firms?
List some specific characteristics of advertisements, in the wake of a lingering recession in Europe.
Why is human resource management particularly challenging for international firms?
Prepare a culture assessment table, as presented in the chapter, for a local business that you are familiar with.Rate the business on the 15 culture criteria presented in the chapter. What are the
Give an example of two resources for a fast-food chain that you believe meet the three “empirical indicators”criteria.
Why is sole reliance on financial ratios an ineffective means of deriving internal strengths and weaknesses?
How could the “process of performing an internal audit” differ across countries, given varying global management styles?
What competitive advantages would Amazon have over Wal-Mart stores in doing business outside the United States?
Conduct a Google search for value chain analysis. In a two-page report, discuss the concepts presented in the chapter.
Compare the financial ratio analysis for Volkswagen(VW) on the four different websites identified in the chapter. Which site do you like best? Why?
Explain why the ratings in an IFE Matrix should be 4 or 3 for strengths, and 1 or 2 for weaknesses as compared to the EFE Matrix, where the ratings should be 1, 2, 3, or 4 among both the
Discuss the relationship between benchmarking and value chain analysis.
Perform a value chain analysis for an organization of your choice.
Volkswagen (VW) has historically spent more on R&D than almost any other automobile company in the world. What are the major advantages and disadvantages of this strategy?
Illustrate a breakeven chart for Volkswagen (VW).Explain how it may work for the organization.
List some advantages and disadvantages of a company paying dividends versus reinvesting that money in the company, and striving for stock price increase as the primary way to reward investors.
For Volkswagen’s (VW), determine their most recent dividend payout amount per share. How has that amount changed over the last 12 months?
Develop a quantitative problem to show that you understand breakeven analysis. Students’ answers will vary depending on the quantitative problem they feature.
Develop a quantitative problem to show your understanding of cost/benefit analysis. Students’ answers will vary depending on the quantitative problem they feature.
Rank the seven functions of marketing in order of importance for a small hardware business.
Given the 15 example (possible) aspects of an organization’s culture as presented in the chapter, rate a company you are very familiar with in terms of the extent to which each culture item exists.
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