Discuss opportunities provided by technology for businesses


Homework I: Strategic Management

Details

o Review the Terminal Course Objectives, accessed by clicking on the "Course Information" tab at the top of your screen, scrolling down to the "Course Objectives" and then selecting View class objectives. How will accomplishing these objectives support your success in management? What risks or challenges might a manager encounter if they have not mastered these objectives? Explain.

o What is the importance of current data in a SWOT analysis?

o How do you identify the SWOT factors in a fictitious firm?

o Which SWOT Factors must be specific to the firm and which can be Generic? Why?

Course Objectives:

o Analyze some of the changes occurring in the way that organizations structure themselves and their work

o Assess situations that present potential legal and ethical issues and develop solutions for those issues

o Assess the joint utility and importance of all aspects of the global business organization in the strategic management process

o Create plans to improve business operations.

o Differentiate the relationships between a firm and the political and economic forces within its community

o Evaluate business situations using critical thinking skills

o Evaluate the opportunities provided by technology for businesses

o Interpret examples of good and bad business practices in the use of strategy design components

o Propose effective communication techniques

Homework II: Quality Management and Continuous Improvement

Details

This homework has 4 parts:

o Review the Terminal Course Objectives, which can be accessed by clicking on the Course Information tab at the top of your screen, scrolling down to Course Objectives, and then selecting View Class Objectives. Answer the following questions:

- How will accomplishing these objectives support your success in management?
- What risks or challenges might a manager encounter if he or she has not mastered these objectives? Explain.

o What is continuous improvement and how does it affect the cost of quality?

o What are some examples of process improvement tools and approaches? How are they used?

o What are some examples of management quality initiatives? How do they help organizations achieve and maintain competitive advantage?

Course Objectives:

o Apply critical thinking skills to analyze business situations.

o Appropriately use effective communication techniques.

o Calculate the costs associated with quality.

o Construct a process improvement by mapping, analyzing, and redesigning the process.

o Describe management quality initiatives such as TQM and Six Sigma.

o Discuss the opportunities provided by technology for businesses.

o Evaluate the quality control tools used to analyze and improve processes.

o Explain time study methods and work sampling, and perform calculations.

o Recognize situations that present potential ethical and legal issues, and develop solutions for those issues.

Format your homework according to the following formatting requirements:

o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Strategic Management: Discuss opportunities provided by technology for businesses
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