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Take a Factory Tour Imagine that you arrive back at your dorm room one afternoon to find your roommate watching a Mister Rogers rerun.
What are strategic competitiveness, strategy, competitive advantage, above-average returns, and the strategic management process?
According to the I/O model, what should a firm do to earn above-average returns?
What are stakeholders? How do the three primary stakeholder groups influence organizations?
Explain the issues, challenges, or disadvantages to forming a strategic alliance. Give an example to provide a context to your discussion.
For many years, the airline industry was highly regulated which resulted in most airlines acting like each other by definition
Why is it important for a firm to study and understand the external environment?
How do the five forces of competition in an industry affect its profitability potential? Explain.
The informal economy refers to commercial activities that occur at least partly outside a governing body's observation, taxation, and regulation
Why is it important for a firm to study and understand its internal organization?
What four criteria must capabilities satisfy for them to become core competencies
What is outsourcing? Why do firms outsource? Will outsourcing's importance grow in the future? If so, why?
Amancio Ortega built the world's largest fashion empire through his Zara branded products and company-owned stores.
What is the relationship between a firm's customers and its business-level strategy in terms of who, what, and how? Why is this relationship important?
How can each of the business-level strategies be used to position the firm relative to the five forces of competition in a way that helps the firm earn
A few years ago, JCPenney was a traditional, low-end department store that appeared to be in a slow decline.
Who are competitors? How are competitive rivalry, competitive behavior, and competitive dynamics defined in the chapter?
How do awareness, motivation, and ability affect the firm's competitive behavior?
Identified recently as one of the 50 greatest or most intense competitive rivalries of all time, FedEx and UPS are similar in many way
What are the different levels of diversification firms can pursue by using different corporate-level strategies?
How do firms create value when using a related diversification strategy?
Cut Your Costs, Not Your Morale Management textbooks abound with discussions of the importance of honest and open communication
Are New Offices Necessary? Everyone says that when business is good, you're supposed to be able to relax a little
Transition at Habitat for Humanity With 500 full-time employees, roughly 500,000 unpaid volunteers, 2,303 affiliates worldwide, and upwards of $160 million
Leadership is a highly prized process and capability. Organizations invest billions of dollars each year in recruiting and developing leadership talent.