“The early bird may get the worm, but the second mouse gets the cheese.” Decide which of the strategies (“early bird” or “second mouse”) is the most effective in your life as a student and life in general. The early bird may get the worm, but the second mouse gets the cheese was first recorded […]
1 Introduction Since the 1980’s researchers have been trying to understand what globalization is and how competitive advantage can be gained out of it. This study will look at this movement with a critical eye and reflect whether or not it is sometimes better to give local needs priority in management decisions. The purpose of […]
British Airways is one of the worlds leading airlines with a network that provides passenger and freight services to 149 destinations in 72 countries. Its airline network is centered on the United Kingdom where 85% of its 47,500 workforce is based. The mission of the company is to deliver services that matter for people and […]
Toyota Motor Corporation, Japan’s largest and the world’s #4 carmaker by 2003 sales (after General Motors, Ford, and Daimler Chrysler), had a wide range of products and strong brand names with high quality image. Toyota’s growing reputation for quality and very small numbers of technical problems in its vehicles generated interesting customer loyalty and a […]
The core concept of Zara’s business model is they sell “medium quality fashion clothing at affordable prices”, and vertical integration and quick-response is key to Zara’s business model. Through the entire process of Zara’s business system: designing, sourcing and manufacturing, distribution and retailing, they presented four fundamental success factors: short cycle time, small batches per […]
Introduction When organizations seek to improve or transform their resources into goods and services, they are, in a way, developing their process strategy in producing their customer and product specifications at lower costs and less managerial constraints. As companies are targeting global markets at present, each organization needs to decide on long-term competitive goals that […]
Foreign direct investment (FDI), in its simplest term, is when a company from one country makes an investment into building a facility in another country, or when investments are made in order to acquire a certain stake in enterprises operating outside the economy and country of the investor. FDI plays an extraordinary role for firms […]
This article is about how to do strategic analysis of a company. Students get several homework and assignments related to how to do strategic analysis. This would be a good reference for students with their assignment and homework regarding strategic management. Strategic analysis of a company starts with analysis internal and external environment factors having […]
The Hewlett-Packard and Compaq merger decision case study provided many points necessary in the understanding of why these two companies would undergo a risky business venture. Compaq was a company that began successfully with record setting financial statements, but in an attempt to expand its market, threatened company stability. With the acquisition of Tandem Computer […]
A critical summary of the article “Patterns in strategy formation” written by Henry Mintzberg, published in Journal Management Science Vol. 24, No. 9, (1978) A short overview The paper,”Patterns in strategy formation”, outlines a new kind of description to the much misunderstood process of strategy formation in organizations. After giving a short summary of the […]