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strategic management concepts and cases

Questions and Answers of Strategic Management Concepts And Cases

Now that you have expressed your opinion about Martha Stewart’s possible new leadership challenges, in the following space explain this opinion in 50 words or less.
Circle the option that best reflects your opinion about Martha Stewart’s leadership situation at Martha Stewart Living:Martha Stewart’s background as a convicted felon will present special
5. Given all that you’ve learned in this chapter, what kind of leader will you try to be as a manager? Explain.
4. Would it be easy for you to be a “servant leader”? Why?
3. Draw and explain the life cycle model of leadership. Would this model be useful to you as a manager? Why?
2. What is the difference between the “situational approach”and the “trait approach” to leadership? Which approach seems to have more relevance to you as a manager? Explain.
1. Is it important for you as a manager to understand the difference between leadership and management? Explain fully.
We measured our success not just by how much money we made, but by how much we contributed to the community.
The authors measured the diversity (in terms of age, nationality, and educational background) of the groups and studied if transformational leadership improved the benefits of diversity. In other
How important is transformational leadership?
SI Subordinate Information: Do subordinates have sufficient information to make a high-quality decision?
CO Subordinate Conflict: Is conflict among subordinates over preferred solution likely?
GC Goal Congruence: Do subordinates share the organizational goals to be attained in solving this problem?
CP Commitment Probability: If you were to make the decision by yourself, is it reasonably certain that your subordinate(s)would be committed to the decision?
ST Problem Structure: Is the problem well structured?
LI Leader’s Information: Do you have sufficient information to make a high-quality decision?
CR Commitment Requirement: How important is subordinate commitment to the decision?
How important is the technical quality of this decision?
The degree to which managers allow subordinates freedom and seek their input to decision making is what differentiates boss-centered and subordinate centered leadership. Which type of leadership do
7. An appreciation of emerging leadership styles and leadership issues of today
6. An understanding of alternatives to leader flexibility
5. Insights into using leadership theories that emphasize more general organizational situations
4. Insights into using leadership theories that emphasize decisionmaking situations
3. An appreciation for the trait and situational approaches to leadership
2. An understanding of the relationship between leading and managing
1. A working definition of leadership
3. Think about a hobby you enjoy. Can you identify an entrepreneurial opportunity associated with your hobby?
2. How would you evaluate Steve Ivy’s opportunity identification and opportunity exploitation?
1. What are the risks of managing a business like Heritage Auction Galleries?
3. As you look into the future, what do you think represents a bigger threat to Google: established companies like Microsoft or smaller, entrepreneurial companies? Explain.
2. In your opinion, what were the key factors in determining the success of Google’s entrepreneurial founders?
1. Do you think Google will be able to maintain its entrepreneurial culture in spite of its recent growth and increased size? Why or why not?
3. What is the essence of Boston Boxing and Fitness, in the eyes of owner Ed LaVache? What does he think he is selling to his customers? Explain. What challenges and risks does he describe?
2. Does Boston Boxing and Fitness qualify as an entrepreneurial venture? Explain why or why not.
1. How would you characterize the mission and goals of Boston Boxing and Fitness?
3. How do you suggest Burger King exploit this opportunity? Does the company have enough money to easily follow your suggestion(s), or should the company pursue other financing options? (Use the
2. Evaluate your opportunity using feasibility analysis. In particular, focus on how customers might respond to the new opportunity, how other industry competitors are already exploiting this
1. Identify a specific opportunity in the marketplace regarding drinks. It could be a new drink, a new line of drinks, a new type of retail outlet, or another type of opportunity.
5. Describe the different types of corporate entrepreneurship and provide examples.
4. Describe the main components of social entrepreneurship, and describe how social entrepreneurship differs from commercial entrepreneurship.
3. Describe the differences between opportunity identification and opportunity exploitation.
2. Distinguish between the different types of opportunities.
1. Describe the main components of entrepreneurship.
If you were a researcher studying this issue, what other factors would perhaps influence such decisions?
Which factor do you think most influenced entrepreneur’s decisions to start new ventures? Why?
6. An understanding of and appreciation for the role of social entrepreneurship in society
5. An appreciation for how existing organizations use corporate entrepreneurship
4. Insights regarding the various types of financing available to entrepreneurs
3. An ability to distinguish between opportunity identification, evaluation, and exploitation
2. An overall appreciation for the opportunity concept and an understanding of the primary types of entrepreneurial opportunities
1. An understanding of the three stages of entrepreneurship
3. What changes do you envision for online retailing of consumer products in the next five years?
2. Because P&G must continue to maintain strong relationships with traditional retailers, what would you recommend P&G do to help retailers adjust to the change the eStore presents?
1. The chapter discusses three classes of factors (people, structure, and technology) in determining what should be changed. With P&G’s eStore, how have each of these factors been affected?
3. What elements of this change could cause organization members to experience stress, and what might the change agent do to help alleviate this stress? Be specific.
2. Do you think that certain employees at the Wrigley Company would subtly resist this change? Why or why not?
1. How complicated would it be for other change agents who are not members of the Wrigley family to implement the product line changes in the company? Explain.
What are some things Homestarrunner might do to successfully manage these changes?
Can you think of any ways this company might be indirectly impacted by changing technology? Describe these.
One of the major challenges facing business in the twenty-first century is the rapid pace of changing technology. How would these challenges directly impact a company like Homestar runner?
3. How do the Chapman brothers measure job performance?
2. Describe how HomestarRunner.com uses technology in its business. How does it incorporate technological updates into work?
1. How did HomestarRunner.com get started in the Internet cartoon business?
4. Assuming that Meyer’s attempts to change Tebow result in conflict between Meyer and Tebow, which technique(s) for handling conflict discussed in the chapter would you advise Meyer to adopt? Why?
3. List three reasons why Meyer might want to change Tebow’s style.
2. List three reasons why Tebow might not want to change his style.
1. Should Meyer attempt to change Tebow’s throwing style?Why?
What is a stressor inherent in each of your proposed changes that could affect worker productivity at Ericson?
Why would you like to make each change?
5. Why is handling conflict an important part of making organizational change?
4. Discuss grid OD as a technique for changing people in organizations.
3. Discuss an example of how you might use “freezing, unfreezing, and refreezing” in making a specific organizational change.
2. What role should “organizational stability” play in the organizational change process?
1. List and explain five reasons why organizations should undergo change.
The purpose of the study was to test the prediction that upper-level staff would be more positive in their appraisals of change than lower-level staff. Do you think that results of the study were
2. Modifying organizational structure to fit the communication needs of the organization
1. Clarifying and defining jobs
9. Can established procedures be simplified?
8. Can paperwork regarding this job be eliminated?
7. Can the operation be made safer?
6. Can the material used be cut or trimmed differently for greater economy or efficiency?
5. Can the quality of the part being produced be improved by changing the sequence of the operation?
4. Can a special tool be used to combine the operations?
3. Can handling of materials for the machine be improved?
2. Can the fixture now in use be improved?
1. Can a machine be used to do a better or faster job?
8. Knowledge about virtuality as a vehicle for organizational change
7. Insights concerning how to handle conflict as a factor related to organizational change
6. An understanding of how organizational change and stress are related
5. Some facility at evaluating change
4. An appreciation for why the people affected by a change should be considered when the change is being made
3. Some ability to recognize what kinds of changes should be made within an organization
2. An understanding of the relative importance of change and stability to an organization
1. A working definition of changing an organization
3. Based on what you just read, is Raising Cane’s the kind of organization for which you would enjoy working? Why or why not?
2. If a company were to rely exclusively on social media as a recruiting tool, what challenges would it encounter? What would you recommend to overcome these challenges?
1. How important is social media such as Facebook, Twitter, and YouTube in attracting qualified candidates for jobs? Explain.
3. Based on information in the case, what do you think will be the biggest challenge for Cisco management in successfully providing appropriate human resources for the organization?Explain.
2. What actions besides training must an organization such as Cisco take to make employees as productive as possible?
1. How important is the training of employees to an organization such as Cisco? Explain.

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