Compare the advantages and disadvantages of purchasing an existing business AND compare the advantages and disadvantages of starting a business from scratch. Which do you think you would choose: purchase an existing business or start from scratch? Two friends are considering launching a small company, which they believe has the potential to grow into a…
Leadership from all company departments would like you to answer one more question concerning your outlook on the company. Your answer to this question will determine whether you will be considered for a new management position that is available in the company. Leadership explains that there are numerous issues with the proposed new position; one…
The Decision It was a beautiful Saturday morning as Lance completed his ride in the hill country of central Texas. During his ride Lance thought, “What has caused the operating income of Wheels of Fortune to decline so drastically over the last year?” He was concerned that if the trend persisted, Wheels of Fortune, the…
Many companies use their brand as a competitive advantage. Given your knowledge about the global economy: 1. Identify three (3) brands likely to remain a source of advantage in the 21st century and explain why. 2. Explain the effects of the Internet’s capabilities on the brands you identified in the previous question and what the…
DSRT 734 M51 Week-9 Discussions, Reflections, and Questions Please discuss, elaborate, and reflect on the following from chapter 10. I have listed the important topics and some of them are questions. Give examples and elaborate on the applications of the topic. After reading your textbook, I want you to have a good understanding of the…
Can any firm beat Amazon in the marketplace? If not, why not? If so, how can they best do so? How formidable a competitor is Google for Amazon? Please explain. Consider: 1. What are Amazon’s greatest strengths? 2. Does it have any weaknesses? Please explain. 3. Is Walmart.com a potential concern for Amazon? Why or…
Identify a public company that could benefit from applying the I/O Model of Above-Average Returns (Figure 1.2 on page 15 in the textbook). 1. Follow the five (5) steps to justify your answer. 2. Do not use Apple or Walmart in this exercise. 3. Be sure to incorporate the relevant vocabulary or terms from the…
In this module, you have learned how to locate and define a complex business problem, which will serve as the foundation for your major case analysis. Now, explore news/current events to locate a business that has a complex problem which needs to be addressed. The problem may be related to any business topic (i.e. accounting,…
Strengths, Challenges, Opportunities and Threats (SCOT) is a simple yet comprehensive way of assessing the positive and negative forces within and outside your organization so you can be better prepared to act effectively. It reminds the project leader to build on strengths, minimize challenges, seize opportunities, and counteract threats. Assignment Prompt Each student…
Overview The consultancy firm, McKinsey & Company, developed the 7S model as a tool for their business clients, and it has become a staple of organizational assessment. The model is a practical tool that can be used to understand and evaluate the performance of an organization in 7 critical areas: 1. Strategy 2.…