We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Questions on strategic management - Research Paper Example

Comments (0) Cite this document
Part 1 1. How can a decision maker identify strategic factors in a corporations’ international environment? By understanding firm performance, the decision maker will have the good opportunity to identify important strategic factors associated with the corporation’s international environment (Sanchez and Henee 73)…
Download full paperFile format: .doc, available for editing
Polish This Essay93.9% of users find it useful
Questions on strategic management
Read TextPreview

Extract of sample
"Questions on strategic management"

Download file to see previous pages In addition, understanding the business environment through research and other relevant actions ensures identification of strategic factors (Cherunilam 55). This move only makes sure that the international firms will be able to learn more about the business environment. And once they do, it would be easy for them to embrace some changes having the bottom line within the formulation of actual strategic actions. Knowing the business environment is important because this is one appropriate move in order to know the necessary actions the international firms need to initiate. Multiculturalism for instance is a core value that needed to be integrated especially among corporations having business activities in the international setting. 2. Compare and contrast trend extrapolation with the writing of scenarios as techniques. (Support your answer with an example). Trend extrapolation is quantitative in nature. Information can either be represented in a quantitative format or with numerical value. Graphs and other quantitative representations can be used for this purpose (Cornish 86). The writing of scenarios on the other hand is qualitative in its form, as this could also turn out historical. Although both trend extrapolation and writing scenarios are techniques that could turn out historical in nature, for they involve the need to look into past events or data. However, they vary in their actual presentation for it would be easy to interpret data transformed into information presented in graphical forms. For example, understanding the past trend of sales generated by a certain product offering could be both implemented through trend extrapolation and writing scenarios techniques. Both are actually capable of presenting the necessary and relevant information. However, for the convenience of using and interpreting information, there is a good way to find it more possible with trend extrapolation. On the other hand, trend extrapolation may be complex enough as this technique unlike the writing scenarios, requires mathematical implementation. Trend extrapolation may be complex, for it would also require the right number of data in order for the obtained information to be statistically relevant. 3. How might a firm’s management decide whether it should continue to invest in familiar technology or in new but untested technology? What factors might encourage or discourage such a shift? (Support your answer with an example). There are many factors associated with making this decision, but one of them include efficiency. Firms are looking forward to efficient output in order to maximize opportunity and to generate revenue and eventually profit. The next consideration is productivity. Productive output today requires the use of technology, in order to hit the required volume of production necessary to help the entire business operation to continue operate. On the other hand, there is also a need to achieve competitive advantage so there is also a need to consider whether to embrace new but untested technology or remain with the most familiar one. There are familiar technologies nowadays that could continue to provide firms with the achievement of the above mentioned factors at a higher remarkable cost saving. So for this reason, a company would be able to choose ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Questions on strategic management Research Paper”, n.d.)
Retrieved from https://studentshare.org/management/1402481-strategic-management
(Questions on Strategic Management Research Paper)
“Questions on Strategic Management Research Paper”, n.d. https://studentshare.org/management/1402481-strategic-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Strategic Change Management
This study aims to providing explanatory models to be used in strategic change management. It gives detailed information on what particular variables of organizational behavior can be used for measuring the success or effectiveness of the process. Among them are individual performance, job satisfaction, loyalty, motivation, commitment, involvement, and others.
15 Pages(3750 words)Research Paper
Questions on UML and Project Management
The language provides a standard mode of visualizing components such as database schemes, activities, actors and business processes. UML incorporates a comprehensive coding system that enhances the security of the business information systems. The language incorporates specific tools in its application that poses it as seriously executing its intended task in the organization.
3 Pages(750 words)Research Paper
Strategic Management and Strategic Competitiveness
As the number of people using internet for trading purpose are increasing at a brisk pace, Amazon.com has also aligned its global operations with such changing global dynamics. A decade ago, the company was conducting its operations from a mainstream global website.
4 Pages(1000 words)Research Paper
Research methodology in Strategic Human Resource Management
A lot of researches have been conducted to ascertain the most convenient methods or strategies for improved human resource management (Mathis, 2008). There are several benefits associated with good relations between the employees and the top management team or the employer.
8 Pages(2000 words)Research Paper
Strategic Management
It would deal with the background of the company. It would also reflect how the organization has successfully achieved competitive advantage in global perspective. It would be highlighting the strewgic option selected by Google in the Porter’s three generic strategies.
12 Pages(3000 words)Research Paper
Strategic Management of Amazon
Amazon has strategic alliances with many companies among them are the following: AOL (with this cooperation Amazon has managed to attract the attention of AOL subscribers), PlanetAll-Junglee (in 1998, this way Amazon showed that it was preparing its structure in order to become a retailer having a wide range of products), Drugstore.com, Dell.com (Amazon bought Dell PCs to reinforce its website with adequate hardware and get advertisement from Dell's website), LiveBid.com - Sotheby's, Hewlett Packard, Borders Group - Toys'R'Us.com (the cooperation with Toys'R'Us demonstrates the flexibility of e-commerce platform to meet the expectations of cooperation and technological structure of leading c
14 Pages(3500 words)Research Paper
Strategic management and other aspects of HRM
Organizations conduct strategic management for the purpose of gaining an advantage or competitive advantage in the industry. According to Hitt, Ireland, & Hoskisson, ‘Strategic competitiveness is achieved when a firm successfully formulates and implements a value-creating strategy.
10 Pages(2500 words)Research Paper
Strategic Management
Based on the responses of these individuals, the following table has been developed. Here the table provides a clear distinction among the four cultures and American culture. The outcome has been
4 Pages(1000 words)Research Paper
Strategic Management
This is the basic concept of strategic management. The Balanced Scorecard Institute, a critical player in strategic management provides a basic introduction to strategic management, starting by differentiating strategic planning from strategic
3 Pages(750 words)Research Paper
Global strategic management
In a recent attempt to unearth the global forces that are affecting the future of business and society McKinsey has come up with a report that has identified five major factors that can be considered by business for their future expansions. They are growth of emerging
10 Pages(2500 words)Research Paper
Let us find you another Research Paper on topic Questions on strategic management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us