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- For each perspective, select those strategic objectives from the list that best relate to it. For each strategic objective, select the most appropriate performance measure(s) from the list. Balanced scorecard. (R. Kaplan, adapted) Petrocal, Inc., refines gasoline and sells it through its own Petrocal gas stations. On the basis of market research, Petrocal determines that 60% of the overall gasoline market consists of “service-oriented customers,” medium- to high-income individuals who are willing to pay a higher price for gas if the gas stations can provide excellent customer service, such as a clean facility, a convenience store, friendly employees, a quick turnaround, the ability to pay by credit card, and high-octane premium gasoline. The remaining 40% of the overall market are “price shoppers” who look to buy the cheapest gasoline available. Petrocal’s strategy is to focus on the 60% of service-oriented customers. Petrocal’s balanced scorecard for 2017 follows. For brevity, the…Direction: Explain the Porter's Five Forces.1, Threat of new entrants.2. Bargaining power of buyers.3. Bargaining power of suppliers.4. Threat of substitute.5. Intensity of Competitive Rivalry.Quantitative analysis for management: Pay-off Table State of Nature State 1 State 2 22 State 3 Alternative 1 35 25 Alternative 2 16 40 72 Alternative 3 30 65 91 Alternative 4 80 90 55 Calculate the following using the above table: a) Regret Analysis b) Hurwicz citerion with realism (coefficient of 0.60) c) Break Even Analysis d) Optimistic e) Pessimistic
- Please write a brief SWOT analysis of the article below: Elliott Management Takes Big Stake in Salesforce Activist investor Elliott Management Corp. has made a multibillion-dollar investment in Salesforce Inc., CRM 3.06%increase; green up pointing triangle according to people familiar with the matter, adding to the pressures facing the business-software provider. While details of the campaign couldn’t be learned, Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes. “Salesforce is one of the pre-eminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive] Marc Benioffand what he has built,” Jesse Cohn, managing partner at Elliott, said. “We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,” added Mr. Cohn, who has…Subject: strategic Management (Creating competitive advantages) What does the concept of "ambidexterity mean in strategic management? Cite an example.Solve this. 1 Describe the connection between strategic management and a firm's competitive advantage. How does a company maintain a strategic edge over time? 2 For four factors, King and Cleland propose that organisations deliberately craft a written mission statement. Make a list and a description of them. 3. Make a list of the main components of an appropriate mission statement and identify them.
- factor rating Scores Scores Scores factors: weights: for for for option#1 option# 2 option#3 looks .23 90 95 89 integrity 5 87 85 90 leadership .27 93 89 90 as per policy, in no case shall the minimum composite score be lower than 89.0 second best garnered a composite score of12. Develop a strategy for a new venture. a. What entry wedges, major and minor, will you use? b. How will you attempt to collect and appropriate rents? c. What industry environment are you entering? How will this environment influence your strategy? d. Apply the four tests to your strategy. What questions do they raise? How would you answer these questions if they were posed by a banker or venture capitalist?139) If a company has a small portion of the market share but the industry has market growth where would it fall, and what strategy it should follow under the BCG matrix? a) It would be a question mark and the corporate office should invest capital in this business because it is growing so that mean it will likely continue in the future b) It would be a question mark and the corporate office should decide what is best for their company, whether it be allocating more resources to invest in this business or divesting the business due to the low market share c) It would be a question mark and the corporate office should divest this business because of its low market share d) It would be a question mark and the corporate office should strategize an exit plan because the future is uncertain, so it is better to exit and invest in a more pr
- 1. Sierra Nevada is the second bestselling craft beer in the United States. It has many competitors that it must consider. Some of these competitors are obvious, but some are less so. Look at the options below and classify each as one of the four types of competitors: Brand, Product, Generic, Total-Budget Competitors Tap water at a restaurant: New Belgium Brewing beer: Bottle of Merlot: Cigarettes: Milk: Bud Lite: Chewing gum: A margarita: 2. Competitors of Existing Brans/Products Brand Generic Total-Budget Lays Potato Chips Levi's Jeans Toyota Tacoma I I . I I I Productshort answer question: Wesfarmers has a diversified business portfolio that is structured with divisions. Each division can contain more than one strategic business units. Examine the characteristics (such as market share and financial performance) of the main SBU(s) in its three divisions (Bunnings, Officeworks, and Kmart Group), identify and discuss the type of corporate parenting role used by (1) its corporate headquarters for its divisions, and (2) its divisional Headquarters for its SBUs. In your view, how value can be created by the headquarters to its strategic business units?Which stakeholder(s) created the Tourism Tofino Strategic Business Plan, and which sector(s) do they represent?)2. Identify two existing plans or policies that were followed or considered in the creation of the Tourism Tofino Strategic Business Plan, and who created them? ()3. Identify four key local stakeholders mentioned in the Tourism Tofino Strategic Business Plan (other than Tourism Tofino). 4. Identify two key non-local stakeholders mentioned in the Tourism Tofino Strategic Business Plan. 5. What is the timescale of the Tourism Tofino Strategic Business Plan? (6. What kind of consultation was completed and how often was the public consulted? (7. Is the Tourism Tofino Strategic Business Plan an example of sustainable tourism development? Explain why or why not. Provide two reasons to support your answer. (8. Identify one environmental, one economic, and one socio-cultural impact mentioned in the Tourism Tofino Strategic Business Plan (3 impacts total. Impacts can be positive or…