Assignment
Answer each question in at least 75 words A PIECE.
1. You will use the Internet to find two articles describing firms' use of a cooperative strategy: one where trust is being used as a strategic asset and another where contracts and monitoring are being emphasized. What are the differences between the managerial approaches being used in the two companies? Which of the cooperative strategies has the highest probability of being successful? Why?
2. You will read the popular business press (e.g., Business Week, Fortune, Fast Company), to identify a strategic action and a tactical action taken by firms approximately two years ago. Next, you should use the Internet to search the popular business press to see if and how competitors responded to those actions. Discuss the results.
3. Given the importance of understanding the external environment, why do some firms fail to do so? What were the implications of the firms' failure to understand that environment?
4. What is the definition of competitive strategy, and why is this strategy important to firms in the twenty-first century landscape?
5. Global strategies are critical to survival in a global market. So, I would like for you to consider what are some global environmental trends affecting the choice of international strategies, particularly international corporate-level strategies?
6. Are there some industries in which ethical practices are more important than others? Explain how the competitive actions and responses might differ for these industries compared with a typical industry.
7. Select an organization (for example, an employer, a social club, or a nonprofit agency) of which you currently are a member. What is this organization's structure? Is the organization using the structure that is appropriate, given its strategy? If not, what structure should it use?
8. Choose a CEO of a prominent firm that you believe exemplifies the positive aspects of strategic leadership. What actions does this CEO take that demonstrate effective strategic leadership? What are the effects of those actions on the firm's performance? Focus on the key components of strategy execution.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.