MG 495

Week 6 Assignment: Blue Nile, Inc. Executive Summary Blue Nile, Inc. is a nontraditional jewelry company founded in 1999 offering a simpler process in selecting an engagement ring, but still provide a premium customer experience. The company offers education, guidance, quality, and value that builds confidence with its customers. Serving both national and 40 international customers, who can make purchases in U.S. dollars as well as 22 foreign currencies. Synopsis of the Case Blue Nile, In...

MG 495 DISCUSSIONS 1 MG 495 Discussion Week 4 From Chapter Six: Q1 - What industry forces might cause a propitious niche to appear or disappear? The text describes a propitious niche as a unique market opportunity that is available only for a particular time (Wheelan, Hunger, Hoffman, & Bamford, 2010, p. 167). A company will create a niche by focusing a business at a specific customer. I found an article at F that discussed the benefits of a niche “rather than trying to appeal to the ma...

Research suggests that strategic management evolves through four sequential phases in corporations. The first phase is forecast-based planning. externally oriented planning. strategic management. internally oriented planning. Correct! basic financial planning. Question 2 5 / 5 pts In the final phase of strategic management, strategic information is available to operational personnel. Correct! people throughout the organization

The Boston Beer Company Executive Summary The Boston Beer Company (BBC) was founded by Jim Koch in 1984, and started with a beer brewed from his great-great-grandfather’s microbrew recipe. The company expanded and eventually went public in 1995. Koch received multiple offers to buy his company out, but he would always decline. Selling only 1% of the total beer market, he maintained his operations and never changed his great-great-grandfathers recipe. Synopsis of the Case Kochs’ BBC is...

Week 3 Assignment: The Audit Executive Summary The Audit case study pertains to an annual audit of a national CPA firm. Sue, a new CPA, was completing the annual audit and discovered a problem that could impact her future with the company. She discovered the firm was using an illegal method to decrease the amount of payroll taxes payments. This issue had not been documented in the previous year’s audits; despite the concern being raised by other CPA’s. Synopsis of the Case Sue has dis...

Name: Assignment: Textbook Case Analysis Executive Summary – Week 2 Date Submitted: 30 October 2016 Course (include the section number: MG495 Business Policy Statement of Academic Integrity: I certify that: 1. I prepared this document specifically for this class; 2. I am the author of this document; 3. I am fully disclosing and giving proper credit to any outside assistance received in its preparation; 4. I cited sources of information (e.g., data, ideas, charts, etc.) and used thi...

MG 495 Discussion Week 2 1. From Chapter 2: What recommendations would you make to improve the effectiveness of today's boards of directors? According to the text, the role of a board of directors is to strategically manage a corporation by monitoring developments inside and outside the corporation, evaluate and influence management proposals, decisions and actions, and initiating and determining the corporation’s mission and strategies. To improve a board of director’s effectiveness ...

MG 495 Discussion Week 1 1. Why has strategic management become so important to today's corporations? According to the textbook, strategic management is a set of managerial decisions and actions that help determine the long-term performance of an organization (Wheelan, Hunger, Hoffman, & Bamford, 2010, p. 4). It has become important to today’s corporations because there is a need to focus on long-term high performance, specifically the ability to sustain high performance over a long per...

MG 495 Homework Unit 1 JetBlue CEO Learns to Pivot as Airline’s Strategy Evolves From WSJ.com I found an article about the airline JetBlue. The current CEO, Robin Hayes took over 18 months ago, and has taken the company in a different direction. In its 16 years of existence, JetBlue has been known as an airline that offers cheap flights, and treats all customers as equals. In April, Mr. Hayes attempted to buy smaller San Francisco-based airline Virgin America Inc. with the goal of increa...