Turnaround strategy - Study guides, Class notes & Summaries

Ophelia runs a local seamstress business. Ophelia is losing customers to a competing business. Upon sending an employee over to check out the competition, Ophelia discovers the competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? - ️️service Gabe has worked as a journeyman electrician for an employer for the past 16 years. He is paid a good salary. His only dissatisfaction is the hours are long and often w...

ESB Questions and Answers Graded A+ Online Networking - Answer ️️ -Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? Increase of service - Answer ️️ -Ophelia discovers her competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? Which three things are defined when doing a self-assessment? - Answer ️️ -...

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MGMT 425 Chapter 7 Exam 2 CSULB Directional Strategy - correct answer is composed of three general orientations (sometimes called grand strategies) - Growth Strategies -Stability Strategies - Retrenchment Strategies Growth Strategies - correct answer Expands the company activities Concentration - Vertical Growth -Horizontal Growth Diversification - Concentric - Conglomerate Stability Strategies - correct answer make no change to the company's current activities Pause/P...

Which of the following are types of competitive strategies? - Answer-1. broad low-cost 2. broad differentiation 3. focused low-cost 4. focused differentiation 5. best-cost Which of the following is a typical course of action for companies that pursue low-cost leadership? - Answer-offering lower prices than their rivals Attempts to use low-cost advantage to attack rival companies with lower product prices can result in which of the following - Answer-1. retaliatory price cuts 2. a price ...

46. How does 6 sigma relate to a firms application of a sipoc diagram it is EQUIVALENT to linear programming 47. which process is considered a statistical process control procedure? Determining if the precision of a manufactured product is within a tolerable range 48. which activity is enhanced by improving operational process and identifying the root cause of problems? organizational PERFORMANCE control chart unwanted product variations 92 % 95% 98% reliability SIX Sigma quality team...

Execution Series of "actions" that put the plan to the test Not an end point Hard to standardize a process for it because it is particular to each organization's situation, capabilities, & environment Strategy process The continuos feedback loop of: 1.) strategy formulate 2.) put in to action 3.) Change as new information arises Brainpower Read More What does a major shift in strategy require? Organizational transformation Strategy formulation Part of the...

MGT 8803 Final Exam Questions With Answers 3 factors that effect planning of organization - CORRECT ANSWER- 1) organization level (more heirarchy better with more stability) 2) degree of uncertainty (more uncertain, shorter planning horizon) 3) length of future commitments (planning horizon should be as long as length of longest commitment by management 4 functions of management - CORRECT ANSWER- 1) planning: business goals 2) organizing: allocating resources 3) leading: coordinating...

Online Networking - ANSWER-Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? Increase of service - ANSWER-Ophelia discovers her competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? Which three things are defined when doing a self-assessment? - ANSWER-Risk tolerance, strengths, and weaknesses Which descripti...

ESB Questions and Answers Graded A+ Online Networking - Answer ️️ -Each day, Donnie posts the progress of her new building to Facebook as a countdown to opening her business. What type of networking is Donnie using? Increase of service - Answer ️️ -Ophelia discovers her competitor's turnaround time is double her turnaround time. What should Ophelia's new marketing strategy be to woo back her customers? Which three things are defined when doing a self-assessment? - Answer ️️ -...