Corporate Strategy

1. Why are corporate strategy and competitive strategy separated in diversified companies but not in single-business line companies? Do not define each. Why are they separated? 2. What is the single, primary underlying purpose of corporate strategy? 3. Define “inflection point” as it applies to the Product Life Cycle. Why is it important to strategists? 4. Is the portfolio analysis an analysis of industry or does it represent an analysis of a firm’s product? 5.What determines how we apply our individual ethical standards? 6.What is the one, underlying asset necessary for building a capable organization? 7.Should a company’s accounting department be centralized or dece... click for more

Business Policy Questions

1. Describe the external environment (task environment, societal environment) of a College. Identify and discuss the opportunities and threats posed by these environmental elements of the OT of the SWOT. List five (5) opportunities and five (5) threats. 2. Discuss the “competitive forces” that shape organization’s strategy. (Porter’s 6 competitive forces are: 1) Potential Entrants, 2) Rivalry Among Existing Firms, 3) Bargaining Power of Buyers, 4) Bargaining Power of Suppliers, 5) Threat of Substitute Products/Services, 6) Relative Power of Other Stakeholders. Use Monroe College or your own company in your discussion. 3. What is the relationship between corporate governance and... click for more

Recruiting and selecting appropriate employees for your business

As a business owner, you are concerned with recruiting and selecting appropriate employees for your business. Discuss how you could utilize a job analysis to begin the recruitment process. Then discuss methods to recruit and select employees for your business.

Business-Trade and World Output

Explain the relation between trade and world output. Describe the broad pattern of international trade. If the nations of the world were to suddenly cut off all trade with one another, what products might you no longer be able to obtain in your country? Choose one other country and identify the products it would need to do without. Details: Small companies typically have difficulty competing against large multinationals when their governments take part in regional trade blocs. What could governments do to help their small companies compete after the formation of such blocs? Details: Small companies typically have difficulty competing against large multinationals when their govern... click for more

Explanation of Strategies

What is a functional Strategy, as opposed to a business strategy, or a corporate strategy? Who employs (i.e., uses) functional strategies? Where do they get the budget from to implement them?