Business Essays

Strategic management is a set of decisions and processes that lead to the development of a successful approach to achieve the organization’s goals. Once the fundamentals such as mission and vision statements, are drawn, those processes that follow “undergo analysis, choice, implementation and evaluation”. The framework by which strategic management is known, and can be […]

Introduction ASOS is an international fashion retailer, which offers an extensive line of products, varying from high street to luxury items. Success and rapid growth of the company was achieved trough a well- planned orporate strategy, using their resources and capabilities in a way that would profit the company. “Strategic planning is the process by […]

Are hybrid electrical vehicles a radical innovation or an incremental innovation? Are they competence enhancing or competence destroying, and from whose perspective? How would you answer these questions for fuel cell vehicles? Hybrid electrical vehicles are an incremental innovation. In the perspective of customers and some companies who support the concept of hybrid vehicles, they […]

Introduction Schuler and walker define Human Resource Strategy as “a set of processes and activities jointly shared by human resources and line managers to solve business-related problems. ” To extend our understanding of the term we may also look at the definition given by Wheelen and Hunger, “that set of managerial decisions and actions that […]

Introduction It can be found that the fashion retail of Zara is the flagship brand of Spanish group Inditex which is currently trading internationally. There are ver 400 Zara stores around the world, with year on sales increasing at around 25% over the last years; it has become one of the world’s fastest growing retail. […]

Some of the success of Dow chemical Company includes its collaboration to accelerate the performance progress (Form 10-K, 2015). Dow’s chain management operations are supported by its effective technological integration in the expertise center that works across all the company’s segments. Though the use of 3-D modeling and simulation programs Dow chemical company has been […]

Digital Strategies for Market Dominance Revolutionary changes in the business landscape, such as email, the initial word-processing program, and e-commerce, have disrupted traditional planning and strategy. These game-changing innovations, commonly known as killer apps, have quickly gained market dominance and revolutionized the business world. Companies are now using existing technologies to identify potential killer apps […]

The business strategies of Singapore Airlines In this paper, the business strategies of Singapore Airlines will be analyzed. This analysis will be divided into four categories as following: product-market strategies, consumer value proposition, assets and competencies and functional strategies. After discussing briefly the contents of business strategies adopted by SIA, the pattern of decision making […]

This case study deals with Samsung Electronics and its evolvements thorough the years of activity. The semi-conductor industry in which Samsung participate is highly competitive and very dynamic. Thus, in order to analyze the case properly, we must know first the ropes of the industry, and afterwards dig in the company itself. Porter’s 5 forces […]

This study explores the connection between the resource-based view (RBV) of strategic management and organizational innovation. Through an analysis of relevant literature, it examines how RBV factors impact a firm’s capacity to innovate. By combining theoretical and empirical evidence, this paper offers valuable insights and suggestions for future research in this field. The strategic management […]

1. In what respect does business strategy resemble military strategy? Obtaining an advantageous position on the opposition is a tactic that is similar in both business and military strategy. 2. Refer to Chapter 1’s discussion of different types of information systems. Which types of ISs can gain strategic advantage and which cannot? Why? Transaction Processing […]

The economy benefits a lot from the apparel industry. In fact, this industry is amongst the most important in terms of employment generation, trade, revenue, and investment world-wide. Yet, this industry is often unpredictable. It has extreme product variety, long and inflexible supply processes as well as short product life cycles. Despite these factors, the […]

The survival and profitability of a corporation depend on effective strategic management of its external and internal environments. Factors such as technological changes and concerns about Internet privacy have a significant impact on daily operations. Successful corporations give priority to developing and implementing an efficient strategic plan to achieve above-average returns. Metropolitan Life Insurance Company […]

The purpose of this report is to evaluate the corporate strategy of a corporation using the expanded corporate communication strategy framework to analyse their corporate communications strategy bringing into light how it connects with their global corporate business strategy. The effectiveness of corporate strategy performance will be examined in relation to Dangote group of companies. […]

3M attributed much of its growth to its innovative products and incremental/extensions of existing products. However, of late they hadn’t come up with anything significant and they were stagnating. At this point, Ms. Rita Shor implemented the “Lead User Research” methodology to come up with four recommendations on new innovative products and strategy. In my […]

Micro environment is the specific or the task environment of a business which affects its working or operations directly on a regular basis. While the changes or transformation in the macro environment will affect the business in the long run, the effects of changes or transformation in the microenvironment will be noticed immediately as it […]

Consider how NUMMI became a learning organization –what changes in structure, labor practices and especially management philosophy made NUMMI more competitive than the GM plant that it replaced? How do the different parts of the system support each other? At NUMMI, Toyota started by implementing a business strategy based on trust, respect, and teamwork, as […]

The process of strategic management involves analyzing current situations and carrying out a series of interconnected and sequential activities. These activities can result in various outcomes, such as implementing strategies, analyzing situations, evaluating strategies, and formulating strategies. Essentially, this implies that every organization has the potential to develop and accomplish their own strategies. MTV’s New […]

This case demonstrates the importance of organization’s value system & culture, how culture of a MindTree driven by its value system becomes an integral part of organization and also how does it contribute in its business. MindTree as mid player in IT wanted to differentiate itself from large IT industry (SWITCH) and its leader used […]

This paper outlines the formation of a vision statement, the mission and the values that JetBlue and Southwest airlines embrace. A firm can initiate strategic management once it forms a mission statement. That statement allows forms to aspire to its potential while bearing in mind what it wants to avoid as it successfully grows. JetBlue […]

The concept of product life cycle is also applicable to retail organizations. This is because retail organizations pass through identifiable stages of innovation, development, maturity and decline. This is what is commonly termed as the retail life cycle. Attributes and strategies change as institutions mature. The ‘Retail Life Cycle’ is a theory about the change […]

The following information is provided so that you can get the most from the business simulation. The ‘Tips’ are not designed as answers or quick ‘cheats’. However, you are much more likely to find success in SimVenture if you follow the advice below and think your way through the simulation as if you were running […]