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strategic management concepts and cases

Questions and Answers of Strategic Management Concepts And Cases

avoid being merely descriptive in your written or oral case analysis; rather, be prescriptive, insightful, and forward-looking throughout your project. Discuss the meaning of this sentence.
there is a dramatic shift in mass retailing to become smaller. give four reasons for this phenomenon, with corporate examples of each.
given the political and economic collapse of various Middle eastern and european countries, identify a list of companies for which gaining and sustaining competitive advantage has permanently changed.
compare and contrast the activities involved in strategy formulation versus those involved in strategy implementation.
Does Singapore airlines have its strategic plan posted on its website? Should the company do so? Why or why not?
Singapore airlines has done very well in 2013. Briefly explain whether this strategy will be just as effective going forward.
Discuss how a firm may achieve sustained competitive advantage.
Discuss the relevance of Sun Tzu’s The Art of War to strategic management.
Describe the benefits of good strategic management.
Discuss the nature of strategy formulation, implementation, and evaluation activities.
Define and give examples of key terms in strategic management.
Explain the need for integrating analysis and intuition in strategic management.
Describe the strategic-management process.
Discuss the nature and role of a chief strategy officer (CSO).
3. On which of the four types of resources do you think Saginaw and Weinzweig rely most heavily when planning a new business?Explain.
2. Why was it important for Zingerman’s to expand as a way to provide opportunities for employee and managers to develop their careers?
1. Which of the skills listed in Figure 1.8 did the cofounders apply when they made and implemented the decision to expand into the Zingerman’s Community of Businesses?
3. As the chief executive at Universal Studios, Tom Williams faces the multiple challenges of competing in a highly competitive industry; guiding the fortunes of a newly launched theme park; finding
2. What do you think you would like most about being a manager?What would you like least?
1. Do you think it will be difficult for you to become a successful manager? Explain.
5. List and define five skills that you think you’ll need as CEO of a company. Why will these skills be important to possess?
4. Discuss your personal philosophy for promoting the careers of women managers within an organization. Why do you hold this philosophy? Explain any challenges that you foresee in implementing this
3. What is the value in having managers at the career exploration stage within an organization? Why? The decline stage? Why?
2. How can controlling help a manager to become more efficient?
1. Explain the relationships among the four functions of management.
Do you think that the local Vietnamese and foreign managers suggested the same skills for managerial success in Vietnam? Why? If not, how do you think the suggested skills differed? Why?
Michael Porter’s determinants of national advantage “diamond”(Figure 8.2 in Chapter 8) captures the many factors on which strong national industries are based. It is logical that when competing
Do either of the newest Kodak organizational charts match well with the related constrained or related linked corporate-level strategies? Why or why not? For many years, Kodak used the cooperative
As discussed in this chapter, there are several actions that characterize effective strategic leadership. In this exercise, you will use these actions to evaluate three top-level managers who are
You are also very concerned that there may be a potential conflict of interest if your firm provides both accounting and management consulting services to the same client. In small groups, discuss
What is organizational structure and what are organizational controls? What are the differences between strategic controls and financial controls?
By the 1990s, top-level managers at Wal-Mart Stores (WMT) had concluded that successful ventures into markets outside the United States were critical to the firm’s long-term growth in sales and
By the 1990s, top-level managers at Wal-Mart Stores (WMT) had concluded that successful ventures into markets outside the United States were critical to the firm’s long-term growth in sales and
What factors limit the positive outcomes of international expansion?
Explain why the positive outcomes from international expansion are limited.
Define the three international corporate-level strategies: multidomestic, global, and transnational.
Explore the four factors that lead to a basis for international business-level strategies.
in order of attractiveness to you, rank the political tactics presented in chapter 8.
Discuss the characteristics of successful strategists in terms of political factions within the firm.
Develop a QSPM for yourself—given two strategies: 1) go to graduate school or 2) begin working full-time.
Develop a SPace Matrix for a firm that is a weak competitor competing in a slow growing and unstable industry. Label axes and quadrants clearly.
if Unilever has the leading market share in russia, where along the top axis of a Bcg would their russia Operations be plotted?
When constructing a SPace Matrix, would it be appropriate to use a 1 to 10 scale for all axes?
On QSPM, why should you work row by row instead of column by column?
explain what should be done if the SPace vector coordinate point is (0,0).
Develop a grand Strategy Matrix for Unilever and include one rival firm.
Summarize in your own words the “Special note to Students” section, given at the end of the chapter.
in preparing a QSPM, what should be done if the taS for each strategy turn out to be identical?
explain why the ceO of a firm should not also be chairperson of the board of directors.
go to adidas’ website and examine what you can find about the company’s board of directors. evaluate adidas’ board based on guidelines presented in the chapter.
is there a limit to the number of strategies that could be examined in a QSPM? Why?
List four reasons why the ie Matrix is widely considered to be superior to the Bcg Matrix.
in preparing a Bcg Matrix, what would be the best range for the igr axis as applied to the beverage industry?
in preparing a SPace Matrix, which axis would the european political and economic unrest fall under?
Do a google search using the key terms “boards of directors.” What new information did you learn that was not given in the chapter?
Develop a QSPM for Unilever that includes two strategies, six internal factors, and six external factors. What strategy appears to be best for Unilever to pursue?
Develop a Bcg Matrix for Unilever. explain the implications of your Matrix.
Discuss the role of a board of directors in choosing among alternative strategies.
Discuss the role of organizational culture in strategic analysis and choice.
Discuss the role of intuition in strategic analysis and choice.
Identify important behavioral, political, ethical, and social responsibility considerations in strategy analysis and choice.
Explain how to develop a Strengths-Weaknesses-Opportunities-Threats (SWOT)Matrix, Strategic Position and Action Evaluation (SPACE) Matrix, Boston Consulting Group (BCG) Matrix, Internal-External (IE)
Describe a three-stage framework for choosing among alternative strategies.
In Groups Develop a strategic group map of the restaurant industry in your town. Establish strategic groups and offer a rationale for the groupings you have created. Explicitly identify the criteria
What additional information, perspectives, and analysis would you suggest be a part of industry analysis in the light of your findings?
What is the effect of different industry classifications on a firm’s use of the five-force model to analyze an industry?
Do the different classifications of industry boundaries you observed create problems when firms try to analysis an industry?If so, describe those problems.
What is the external environmental analysis process? What does the firm want to learn when using this process?
How might these rapid, consecutive, and fundamental changes in the corporate structure both facilitate and hinder Kodak’s ability to effectively and efficiently implement its corporatelevel
You are concerned about how your organizational structure may need to change to support these services. Based on the material in the chapter, use the chart to rank each type of organizational
What are the differences among the three versions of the multidivisional(M-form) organizational structures that are used to implement the related constrained, related linked, and unrelated
What are the characteristics of the functional structures that are used to implement the cost leadership, differentiation, integrated cost leadership/differentiation, and focused business-level
Define strategic leadership and describe the importance of top-level managers.
Based on the results of your historical search, do you believe that shareholders at Intel, Target, and Whole Foods benefited from the purchasing of shares of those firms’ stock? It is not uncommon
Are stock buybacks a strategy? If not, how would you classify these actions? It is not uncommon for boards of directors to authorize the buyback of shares of outstanding stock in a company.
What possible agency problems could there be here when firms buy back shares of their stock? (Hint: Consider the tools recommended in Chapter 10 for effective corporate governance.) It is not
Is a stock buyback in the best interests of the shareholders? It is not uncommon for boards of directors to authorize the buyback of shares of outstanding stock in a company. Oftentimes the
Using the information you obtained in Part One and the discussions about corporate governance in Chapter 10, prepare answers to the following questions What is the degree of power that an investor
Using the Fidelity Investments Web site (www.fidelity.com) or a finance portal such as http://finance.yahoo.com, locate the set of mutual funds offered by Fidelity. The financial portals usually have
What is the nature of corporate governance in Germany and Japan?
Discuss the use of corporate governance in international settings, in particular in Germany and Japan.
One of your responsibilities as an entrepreneurial leader is to build shared values that will support entrepreneurial behavior. Choose one of the two following options and describe the steps that you
What role does Koch Genesis Company play in Koch’s large entrepreneurship focus? Why is it separated from the established firm?One of the most entrepreneurially successful large companies is Koch
Is it likely that Koch will be more successful in corporate entrepreneurship because it is a private company? Why or why not?One of the most entrepreneurially successful large companies is Koch
What actions and orientations does Koch Industries take to establish an entrepreneurial culture?One of the most entrepreneurially successful large companies is Koch (pronounced “coke”)
How does strategic entrepreneurship help firms to create value as they compete in the 21st-century competitive landscape?
How do firms use cooperative strategies to innovate and to have access to innovative abilities?
What are invention, innovation, and imitation? How are these concepts related?
What is entrepreneurship and what are entrepreneurial opportunities? Why are these important for firms competing in the 21st-century competitive landscape?
After completing Parts 1 and 2 of this exercise, the class should engage in a discussion of the following questions:1. Is Workout a tool that helps build strategic leadership within people and
To get a feel for how broadly Workout has spread, visit the consulting firm Web site at http://www.developingpeople-business.com/workout/index.htm and look at the names of the firms for which it has
A very good summary of Workout is presented by the Management Development Forum, a journal on management learning and organizational development. Read through the article called “Adapting General
What are organizational controls? Why are strategic controls and financial controls important parts of the strategic management process?
What is organizational culture? What must strategic leaders do to develop and sustain an effective organizational culture?
How do strategic leaders effectively manage their firm’s resource portfolio such that its core competencies are exploited, and the human capital and social capital are leveraged to achieve a
How does strategic leadership affect the determination of the firm’s strategic direction?
What is a top management team, and how does it affect a firm’s performance and its abilities to innovate and make appropriate strategic changes?
What is strategic leadership? In what ways are top executives considered important resources for an organization?
Discuss the importance and use of organizational controls.
Explain what strategic leaders can do to establish and emphasize ethical practices.

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