Hi, could you help me answer a question, it would help me with my understanding of the subject. “ Can you discuss this: “When it comes to strategy, being a first mover is always better”. Could you use some example to illustrate and support it? Would you be able to answer this question in about 1250 words, please? Thanks in advance
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Hi, could you help me answer a question, it would help me with my understanding of the subject. “ Can you discuss this: “When it comes to strategy, being a first mover is always better”. Could you use some example to illustrate and support it?
Would you be able to answer this question in about 1250 words, please? Thanks in advance
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- Use your knowledge of the development and execution of tactical plans to answer the following question. What factors can help to ensure a successful execution of a tactical plan? Check all that apply. Top management must be notified at each critical stage of the tactical plan's execution. The team members must be congratulated for each successful step. The manager needs to evaluate every possible course of action in light of the goal. Each decision maker must have the information and resources necessary for getting the job done. The manager must monitor ongoing activities derived from the plan to be sure the results are as expected.Please carefully read the story below prior to answering the questions. Please answer the questions with an elaboration of approximately 50 words. Case: Akmal, Anthony, and July are friends for a long time. They established a transportation company and have owned 5,000 vehicles across Indonesia, PT Raja Wali Prima where they have their own office at Menara Batavia, Central Jakarta. Prior to Covid-19, this company has signed a new purchasing agreement to buy 1,500 new cars and, in the contract, both parties have agreed to solve their dispute through Badan Arbitrase Nasional Indonesia (BANI). question:. Knowing that because of the pandemic situation the company will not be sustained, Akmal sell his shares to a new buyer. Do you think what Akmal does is ethical? Or does it has nothing to do with ethic?Use your knowledge of the development and execution of tactical plans to answer the following question. Which of the following factors are relevant for successfully executing tactical plans? Check all that apply. ☐ The team members must be congratulated for each successful step. Top management must be notified at each critical stage of the tactical plan's execution. Each decision maker must have the information and resources necessary for getting the job done. The manager needs to evaluate every possible course of action in light of the goal. The manager must monitor ongoing activities derived from the plan to be sure the results are as expected. In your role as project leader for the organization's involvement in the annual United Way campaign, you have planned a party to mark the end of the fundraising initiative. What must you do to ensure the party is implemented successfully? O Identify how much money is available in the discretionary fund. O Send a memo emphasizing how important…
- Company X is facing a critical decision regarding a major expansion project. The executive team is divided on the best course of action. Analyze the situation and propose a decision-making strategy that can help the company resolve the conflict and move forward. Discuss the leadership skills required to facilitate effective decision-making in such a situation.For this assignment you must read the Harvard Business School case study The Campbell Home (A) by Leslie K. John and Matthew G. Preble. You will work in teams of four to prepare for the negotiation in which you will sell the Campbell family home. Two members of the group will take viewpoint of Sally, the older sibling, and two members will consider the negotiation from the perspective Thomas, the younger sibling. You have differences of opinions but you must agree a joint strategy for the sale. There are a number of questions to consider: What challenges do you foresee with selling the house? How might you prevent or mitigate these challenges. what strategies and tactics might the siblings use, given their BATNA(s) and reservation points. Who are the other party(s) likely to be and what might their interests and priorities be? What are the characteristics of the situation and how might these influence the siblings’ (or the broker’s) approach to the negotiation?What makes a defensive strategy very interesting? Discuss briefly and cite one example...
- Assume you own stock in a large, publicly traded corporation that is hiring a new CEO. All other things being equal, who would be a better choice: a brilliant strategic thinker who is a weak communicator with poor “people skills” or a gifted public speaker and motivator who is competent but perhaps not brilliant when it comes to strategy? Explain your answer.Mangement Company X is facing a critical decision regarding a major expansion project. The executive team is divided on the best course of action. Analyze the situation and propose a decision-making strategy that can help the company resolve the conflict and move forward. Discuss the leadership skills required to facilitate effective decision-making in such a situation.Effectuation is a way of thinking, which includes a set of decision-making principles that expert entrepreneurs employ in situations of uncertainty. Part 1 Here, you will apply the first effectuation principle, Bird-in-Hand, to take stock of your means. You may think, "But I am not starting a business now." You are right! However, this exercise will teach you to become aware of your strengths and how to apply this principle, and then you can apply it anytime you need. Fill up the table below to take stock of what you have on hand right now. It is like a snapshot of your strengths as they are today! You have 30 minutes to complete this task. Who am I? (List your values, attributes, and abilities here, e.g., honest, sincere, hard-working, go-getter, empathy, ability to get along with people) What do I know - 2? (List down your soft skills like decision making, negotiation, or leadership skills) What do I know - 1? (List your hard skills here, e.g., software programming,…
- Direction: Answer the questions in this situation. As director of new projects, you have just learned that cash flow problems have forced your organization to cut back product-development activities. This means that two of the eight projects currently being developed must be terminated along with the employees working on those projects (about 25 per cent of employees in your unit). You have a good knowledge of these projects as well as the performance and seniority of employees who work in your unit. While some projects clearly have a high chance of success, the long-term potential of a couple of them is unknown. Identify the best level of employee involvement in this situation and describe three factors (contingencies) that support this level of involvement.Consider yourself a manager of any well-structured organization where you are leading a team. Your Management has asked you to arrange a training program for your team to build their IT skills. Which decision making process will you follow to arrange this training program for your team?According to David (2007), beneficial contingency planning typically undergoes a seven-step process. Which of the following are the first four (4) steps? a. Assess the impact of each contingency event; Specify trigger points; Develop contingency plans; Determine early warning signs. b. Develop advance action plans; Determine early warning signs; Specify trigger points; Develop contingency plans. c. Determine early warning signs; Assess the potential counter impact of each contingency plan; Identify both beneficial and unfavourable events; Develop contingency plans. d. Identify both beneficial and unfavourable events; Specify trigger points; Assess the impact of each contingency event; Develop contingency plans.