Homework 2/3

1)From the e-Activity, describe the most appropriate form of ownership for your new franchise based on your current financial situation. Provide specific examples to support your response.

Assume the form of your new business will be a partnership (if you have not already done so). Discuss the types of conflicts that may arise and how you could prevent them from arising in the first place.

2) Based on the case study (“Firehouse Subs”), determine which of the three options executives are considering would be most beneficial to a single franchise owner. Explain your rationale. Provide specific examples to support your response (you can fınd the case study onlıne ) From the e-Activity, discuss the advantages and disadvantages of being a franchisee of the franchise you selected

3) From the e-Activity, discuss the best possible method for determining the value of the business you selected. Explain your rationale. Create a strategy for negotiating the purchase of the business you selected in the e-Activity.

 (Use the Internet to find a business for sale in your community. Uncover as much as you can about the business in question. Be prepared to discuss.)

 

4) Develop an idea for a new business and conduct a feasibility analysis. Please be as creative as you like in the development of your idea (but as careful as you can be in your analysis of that idea).

Analyze the steps involved in crafting a wining business plan and make at least one recommendation for improving the process. Explain your rationale for making the recommendation you did.

 

5) “Models of Organizational Performance” Please respond to the following:

Choose two models of organizational performance and compare and contrast them by evaluating their differences and similarities.

From the first e-Activity, suggest ways performance measurements might be used by a company or an organization to evaluate its customer satisfaction.

From the second e-Activity, provide at least two examples of quality indicators that the company may opt to measure and defend its cause-and-effect linkage between the key measures of performance.

6) Choose two service companies that you are familiar with such as Facebook, eBay, and UPS, and apply them to Hill’s Strategy Development Framework. Note: Refer to Chapter 4 of the text for information on Hill’s Strategy Development Framework. For each company you chose in Part 1 of this discussion, compare and contrast each sector of the framework and determine which key area(s) provides a competitive advantage. Provide at least two examples to support your position.

7) Examine the role of Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM). Determine how each system can play a critical role in managing value chains.

Provide an example from an industry where analytics is used today either through ERP or through CRM, and determine the ways this technology has helped to deliver quality to the customer.

Assess the challenges that companies might face when trying to implement these types of technologies.

8) From the e-Activity, evaluate the use and applicability of Radio Frequency Identification Devises (RFID) in industry today. Choose a company and provide at least two examples of how these devices can be used to improve productivity in its operations. From the case study, assess the benefits and risks associated with this type of technology that should be considered by Mr. Bracket. Identify at least two possible risks that the company might face and suggest ways to mitigate them.

9) The External Environment:

Think about the industry where you work or would like to work and present an analysis of the social/demographic, technological, economic, environmental/geographic, and political/legal/governmental segments to understand the general environment facing organizations in that industry. (Be sure to identify the industry that you’re discussing in your post.)

10) The Five Forces of Competition Model: Please respond to the following:

From the e-Activity, analyze the industry you selected using the Five Forces of Competition Model to determine the impact of each of the five forces.

Based on your analysis, determine if the industry is attractive or unattractive. Explain your rationale.

11) Strong Brands: Please respond to the following.

Several companies use their brand as a competitive advantage. Given your knowledge about the global economy, identify three brands you believe have the strongest likelihood of remaining a source of advantage in the 21st Century and explain why. Explain the effects you believe the Internet’s capabilities will have on the brands you identified in the previous discussion and what the owner of the brand should do in light of them.

12)  The Internal Environment: Please respond to the following.

From the e-Activity, analyze the internal environment of the company you researched to determine that company’s strengths and weaknesses. Based on the strengths and weaknesses you discovered, determine what steps the company could take to positively impact the company’s competitiveness. Explain your rationale.

Assignment 1

Assignment 1: Strategic Management and Strategic Competitiveness

Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University’s online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write a four to six (4-6) page paper in which you:

1.       Assess how globalization and technology changes have impacted the corporation you researched.

2.       Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.

3.       Assess how the vision statement and mission statement of the corporation influence its overall success. 

4.       Evaluate how each category of stakeholder impacts the overall success of this corporation. 

5.       Use at least two (2) quality references. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:

·         Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.

·         Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

 

 

 


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