Hi, see the attached. Use the attached chapter to complete the question for this assignment.
Hi, see the attached. Use the attached chapter to complete the question for this assignment.
Principles of Management (MGMT 130) Explain how the concepts of competitive inertia and strategic dissonance are related to the strategy making process. Explain the importance of gathering input regarding strategic plans from multiple levels of management. Explain what is meant by direct competition. Identify the factors that determine it, and specify the basic strategic moves involved in such competition. If you were heading a company engaged in direct competition with other firms, explain the circumstances under which you would prefer to engage in direct competition in order to develop a sustained competitive advantage? Explain the difference between activity-oriented and results-driven change. List the advantages of the results-driven approach to change. Characterize each of the approaches to organizational change presented in the text in terms of their apparent degree of emphasis on activities or results. Explain how the concepts of global consistency and local adaptation are relevant to success of a global business. Give one example of a good or service that would be likely to succeed with the use of global consistency. Give one example of a good or service that would be likely to succeed with the use of local adaptation. Identify and discuss the basic components of an attractive business climate. Comment on the extent to which a fast food restaurant franchise might make a different assessment of relevant factors than would a capital-intensive business such as an oil refinery and pipeline company. Explain what is meant by authority. How can authority be centralized? How can it be decentralized? Describe the circumstances under which centralization rather than decentralization would be more desirable. Finally, as a manager in a large company, what particular challenges might you expect to face with regard to the use of decentralization? What is an intraorganizational process? Identify the techniques used by companies today to change these processes. Evaluate the probable level of risk to a company in using each of these approaches. What are virtual teams? Speculate on their likely role in global organizations in the future.
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