review the 3M organization -Explain how the forces in the general environment impact the firm's operations; -Describe the structure of the industry; -Identify and describe the firm's major competitors and the basis of their competitiveness; -Apply Porter's five forces model
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review the 3M organization
-Explain how the forces in the general environment impact the firm's operations;
-Describe the structure of the industry;
-Identify and describe the firm's major competitors and the basis of their competitiveness;
-Apply Porter's five forces model
please provide all references
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Solved in 5 steps
- Final Business Model and Strategic PlanWrite a 700- to 1,050-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.Include marketing and information technology strategies and tactics.Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.Develop a 350-word page executive summary defining the new division of existing business. Share your Vision, Mission, final business model, value proposition and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.Note:…The obligations of an investor-owned company's board of directors in the strategy-making, strategy-executing process include A) taking the lead in developing the company's business model and strategic vision. B) coming up with compelling strategy proposals to debate against those put forward by top management. C) taking the lead in formulating the company's strategic plan but then delegating the task of implementing and executing the strategic plan to the company's CEO and other senior executives. D) overseeing the company's financial accounting and financial reporting practices and setting CEO compensation. E) approving the company's operating strategies, functional-area strategies, business strategy, and overall corporate strategy.1. Which of the following most accurately summarizes the main sets of forces affecting organizations?A. Existing and potential competitors, suppliers, customers and substituteproducts or serviceB. External stakeholders, management and staffC. Government, competitors and consumersD. General environmental factors, competitive forces, factors internal to theorganization and the interests of stakeholders
- strengths, weaknesses, opportunities, and threats of the company sunfedIdentify if the following is STRENGTH, WEAKNESS, OPPORTUNITY, THREAT, OR INTERNAL ENVIRONMENT: 1. Incorporates the organization's significant traits that give an upper hand 2. credits that should be improved or upgraded 3. an environment within the business 4. Strong attributes or capabilities of the business that provide an advantage in exploiting the business opportunity. 5. external movements or outside developments which may adversely affect the organizationRecommended and explain 6 New strategies (formulated that are not already existing in their business strategies) that NETFLIX Should Implement in their business that can propel the company's business forward.
- General management is an essential function that is required in all enterprises. It involves planning, organizing, leading, and controlling all aspects of an organization to achieve its goals efficiently and effectively. This function encompasses various sub-functions such as decision-making, problemsolving, communication, and coordination of activities. The success of an enterprise depends largely on the effectiveness of its general management function.Evaluate the effectiveness of the general management function in an enterprise you are familiar with, using appropriate criteria and standards. Justify your evaluation by identifying and analysing the strengths and weaknesses of the function.Analyze the following topics by using illustrations that are pertinent to the circumstance:• Efforts relating to the sustainability of technology • Involvement of management in the process of preventing data leaksa) I) Discuss one tool use to examine the external business environment . a)ii) discuss one tool used to examine the internal business environment.
- Wells Fargo The Wells Fargo recent crisis over mismanaging customer relationships, fraudulently implementing illegal and unethical sales practices with trusted clients, has cost the company in fines, lost business, and the resignation of the CEO. The following online sources offer a narrative and factual source of what happened, when, to whom, and why. Use these sources to answer and provide evidence to the following questions in an essay: Critical Thinking Questions 1. What were the sources and causes the problems in the first place? Explain. 2. Who were some of the primary decision makers that led to the illegal sales activities? 3. What were these individuals’ motives and motivations? 4. How were the illegal and fraudulent activities discovered? 5. Who was to blame? 6. What unethical activities occurred before the illegal actions took place? 7. What would you have done, if anything, had you been one of the sales professionals pressured to engage in unethical, illegal practices…You are the Information Systems (IS) Manager of Ramsys IT Solutions. The Board of Directors of your company has decided that your company should purchase a new Information System software for its use. (b). Describe three strategic business objectives/benefits that your organization can derive from its investments in, and use of, the proposed Information System.Identify THREE (3) service businesses that you buy from on a regular basis. Complete the following sentence for EACH of the three (3) businesses that came to mind: I am loyal to {Business Name} because......... Please include and identify the sections of the "Wheel of Loyalty" that assist in making you loyal to the company, as well as identifying what level you are on within the "Tiering of Service" with each company