bmgt364.2.6.2007

bmgt364.2.6.2007 - Management and Organization Theory...

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© 2005 Robert H. Smith School of Business University of Maryland Management and Organization Theory Environment and Competitive Advantage Why Do Good Companies Go Bad?
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© 2005 Robert H. Smith School of Business University of Maryland True/False Questions A-=TRUE=A; B=FALSE 1. Most companies succeed by accident rather than through careful planning (9%/91%). 2. The easy part of completing an industry analysis is to identify your competition (65%/35%). 3. Kodak was not able to adjust to the digital revolution in photography because it failed to invest in research and development. (72%/28%).
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© 2005 Robert H. Smith School of Business University of Maryland True/False Questions 4. The primary reason that companies are unwilling to change is that they become locked into management processes, and structures, and are not able to change them. (86%/14%) 5. Sears lost its number one position to Wal-Mart (83%/17%) 6. Top management at Sears lost their dominate position in the industry because it ignored their number one stakeholder: customers (77%/23%). 7. The adult industry is currently experiencing its greatest financial success as a result of advancements in technology. (83%/17%)
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University of Maryland How Good Companies Emerge in the First Place   Good companies successfully emerge in the first place by being at the right place and at the right time. Many companies start opportunistically. ...by accident, not by some great design where people chart out their futures. When the general and specific environment changes and the company is either unable or unwilling to change its culture, processes, systems and structure, it is likely to fail or get transformed. Leadership is all about anticipating and adjusting to
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This note was uploaded on 04/11/2008 for the course BMGT 364 taught by Professor Wellman during the Spring '08 term at Maryland.

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bmgt364.2.6.2007 - Management and Organization Theory...

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