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GLOBUS COMPILATION BUNDLE
GLOBUS COMPILATION BUNDLE
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[Show more]strategic management 
integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage 
 
 
 
strategy 
the set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors 
 
 
 
 
 
 
00:10 
 
01:3...
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Add to cartstrategic management 
integrative management field that combines analysis, formulation, and implementation in the quest for competitive advantage 
 
 
 
strategy 
the set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors 
 
 
 
 
 
 
00:10 
 
01:3...
PESTEL Framework model 
Political 
Economic 
Sociocultural 
Technological 
Ecological 
Legal 
 
Categorizes and analyzes an important set of external factors that might impinge on a firm. 
 
 
 
Define Industry 
A group of incumbent companies that face more or less the same set of suppliers and buye...
Preview 1 out of 3 pages
Add to cartPESTEL Framework model 
Political 
Economic 
Sociocultural 
Technological 
Ecological 
Legal 
 
Categorizes and analyzes an important set of external factors that might impinge on a firm. 
 
 
 
Define Industry 
A group of incumbent companies that face more or less the same set of suppliers and buye...
What are the Five different leadership levels? 
1. Highly Capable Individual 
2. Contributing Team member 
3. Competent Manager 
4. Effective Leader 
5. Executive 
 
 
 
Role of a Corporate Executive 
must provide answers to the question of where to compete, whether in industries, markets, or geogra...
Preview 1 out of 2 pages
Add to cartWhat are the Five different leadership levels? 
1. Highly Capable Individual 
2. Contributing Team member 
3. Competent Manager 
4. Effective Leader 
5. Executive 
 
 
 
Role of a Corporate Executive 
must provide answers to the question of where to compete, whether in industries, markets, or geogra...
PESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
political factors 
proc...
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Add to cartPESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
political factors 
proc...
Corporate Strategy 
the decisions that senior management makes and the goal-directed actions it takes to gain and sustain competitive advantage in several industries and markets simultaneously 
 
-vertical integration: industry value chain describes the transformation of raw materials into finished ...
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Add to cartCorporate Strategy 
the decisions that senior management makes and the goal-directed actions it takes to gain and sustain competitive advantage in several industries and markets simultaneously 
 
-vertical integration: industry value chain describes the transformation of raw materials into finished ...
Chapter 3 
... 
 
 
 
PESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
 ...
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Add to cartChapter 3 
... 
 
 
 
PESTEL model 
A framework that categorizes and analyzes an important set of external factors (political, economic, sociocultural, technological, ecological, and legal) that might impinge upon a firm. These factors can create both opportunities and threats for the firm. 
 
 
 
 ...
What two things must you do in order to accurately measure competitive advantage? 
1. Accurately assess firm performance 
2. Compare and benchmark the focal firms performance to other competitors in the same industry 
 
 
 
Define Total return to shareholders 
is an external performance metric and i...
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Add to cartWhat two things must you do in order to accurately measure competitive advantage? 
1. Accurately assess firm performance 
2. Compare and benchmark the focal firms performance to other competitors in the same industry 
 
 
 
Define Total return to shareholders 
is an external performance metric and i...
What is GLO-BUS? 
•Online, PC-based simulation 
 
-Specialized camera company 
•Action-capture cameras 
•Unmanned aerial view drones 
 
-Head-to-head competition 
•Headquarters and assembly facilities in Taiwan 
•Participation in four global regions 
 
 
 
YOUR COMPANY'S CURRENT SITUATION...
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Add to cartWhat is GLO-BUS? 
•Online, PC-based simulation 
 
-Specialized camera company 
•Action-capture cameras 
•Unmanned aerial view drones 
 
-Head-to-head competition 
•Headquarters and assembly facilities in Taiwan 
•Participation in four global regions 
 
 
 
YOUR COMPANY'S CURRENT SITUATION...
holacracy 
an organizational structure in which decision making authority is distributed through loose collections or circles of self organizing teams 
 
 
 
organizational design 
the process of creating, implementing, monitoring, and modifying the structure prcessesand procedures of a organizatin ...
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Add to cartholacracy 
an organizational structure in which decision making authority is distributed through loose collections or circles of self organizing teams 
 
 
 
organizational design 
the process of creating, implementing, monitoring, and modifying the structure prcessesand procedures of a organizatin ...
Why Companies Expand into 
International Markets 
To gain access to new customers. 
To achieve lower costs and enhance the firm's competitiveness. 
To further exploit its core competencies. 
To gain access to resources and capabilities located in foreign markets. 
To spread its business risk across...
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Add to cartWhy Companies Expand into 
International Markets 
To gain access to new customers. 
To achieve lower costs and enhance the firm's competitiveness. 
To further exploit its core competencies. 
To gain access to resources and capabilities located in foreign markets. 
To spread its business risk across...
Study 
 
Globus Exam 1: Chapter 4 
Flashcards 
Learn 
Test 
Match 
Term 
 
1 / 13 
 
 
Define Core Competencies 
Definition 
 
1 / 13 
 
 
are unique deeply embedded firm specific strengths that allow companies to differentiate their products and services 
 
 
 
Profile Picture 
Created by 
Felix001...
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Add to cartStudy 
 
Globus Exam 1: Chapter 4 
Flashcards 
Learn 
Test 
Match 
Term 
 
1 / 13 
 
 
Define Core Competencies 
Definition 
 
1 / 13 
 
 
are unique deeply embedded firm specific strengths that allow companies to differentiate their products and services 
 
 
 
Profile Picture 
Created by 
Felix001...
A company's strategy evolves from one strategy to the next because of 
The proactive efforts of company managers to improve this or that aspect of the strategy, a need to respond to changing customer requirements and expectations, and a need to react to the fresh strategic maneuvers of rival firms....
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Add to cartA company's strategy evolves from one strategy to the next because of 
The proactive efforts of company managers to improve this or that aspect of the strategy, a need to respond to changing customer requirements and expectations, and a need to react to the fresh strategic maneuvers of rival firms....
T/F 1) For-profit businesses operating in long-standing fields such as energy and transportation usually operate in an environment of price stability. 
F 
 
 
 
T/F 2) A small coffee shop faces significant potential competition because of the low capital requirements compared with business environme...
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Add to cartT/F 1) For-profit businesses operating in long-standing fields such as energy and transportation usually operate in an environment of price stability. 
F 
 
 
 
T/F 2) A small coffee shop faces significant potential competition because of the low capital requirements compared with business environme...
The factors that affect a company's P/Q rating for UAV drones include 
the assembly quality incentives paid to drone PAT members, the company's prior-year brand reputation, and the prior year worldwide average warranty claim rate on the company's drones. 
 
 
 
Which of the following ARE componen...
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Add to cartThe factors that affect a company's P/Q rating for UAV drones include 
the assembly quality incentives paid to drone PAT members, the company's prior-year brand reputation, and the prior year worldwide average warranty claim rate on the company's drones. 
 
 
 
Which of the following ARE componen...
To create long-term economic value for shareholders by diversifying into one or more new business, a company must 
Diversify into businesses that pass the attractiveness test, the cost entry test, and the better off test 
 
 
 
Diversification merits strong consideration whenever a single-business c...
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Add to cartTo create long-term economic value for shareholders by diversifying into one or more new business, a company must 
Diversify into businesses that pass the attractiveness test, the cost entry test, and the better off test 
 
 
 
Diversification merits strong consideration whenever a single-business c...
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