2/21/17 & 2/23/17 Notes:
Corporate Level Strategy: actions a firm takes to gain a competitive advantage by
selecting and managing a group of different business competing in different
product markets and/or industries
SBUs (Strategic Business Units) subsi
Kohlbergs Moral Stages
Level and Age
1|.I"|.-'hat determines right and wrung?
Up tu the Age uf El
tu 159i- uf the
Punishment Er. Dhedience
Blue Nile, Inc.: "Stuck in the Middle" of the Diamond
Engagement Ring Market
Alan N. Hoffman Bentley University ar :
Rotterdam School of Management, Erasmus Unive rs-:
Built on the premise of making engagement ring selection simpl
Guide to Strategic Management
THE CASE METHOD
Case analysis is a proven educational method that is especially effective in a strategi
agement course. The case method complements and enhances the text material anc
professor's lectures by focu
Download the full file instantly at http:/testbankinstant.com
Multiple Choice Questions
1. (p. 3) Which of the following is an element of a firm's remote external environment?
C. Government agenc
Four Methods of Ethical Reasoning:
These four methods can be used for analytical purposes when facing ethical dilemmas in business.
An Action is
It aligns with good
Define goals and plans and explain the
relationship between them.
Explain the concept of organizational
mission and how it influences goal
setting and planning.
Categorize the type of goals an
Understand how historical forces
influence management practice
Be able to identify and explain major
developments in management thought
Our Perspective Changes Our Reality
Exam 2 Review
Gale doesnt like ambiguity. He likes to know
exactly what course of action he should
take. Therefore, when he has a decision to
make, he chooses the first option he thinks
of that seems reasonable. Which best
Dr. Lynn McFarland
What is management?
Management is the attainment of
organizational goals in an effective and
efficient manner through planning,
organizing, leading, and controlling
Exam 2 Review
Computer based (Blackboard)
Under Course Documents and Exam 2
Can begin at 7:30AM, Monday, 10/24
1 hour to take the exam (15 extra minutes
Must take exam in one sitting
50-multiple choice questions
Explain why decision making is an important
component of good management.
Discuss the difference between programmed
and nonprogrammed decisions and the decision
characteristics of certainty and uncertainty.
What is Strategy?
Strategy - the plan of action that describes
resource allocation and activities for dealing with
the environment, achieving a competitive
advantage, and attaining the organizations goals.
Managing StartUps and New
Managing Start-Ups and New
Define entrepreneurship and describe
its importance to the US and global
Define the personality characteris
Resources and a
Explain the strategic role of human
Describe federal legislation that
Describe the tools that managers may
use to recruit and select employees.
Maersk Group has their home office in Denmark. People in Denmark tend to
communicate in a direct way. They tend to say exactly what they mean so there is
little room for misinterpretation. Based on this information, which country would
be the b
2 out of 2 points
Genysis is considering a move to an area that is prone to wildfires. Therefore this company is
planning to build the facility out of flame retardant materials. This is an example of an
organization reacting to risk in which o
2 out of 2 points
TIME, a large cable provider, has recently started to be very concerned about customer
service. The reason for this is that there are some very good competitors that are now stealing
their business. Therefore, TIME has recogni
Doug and Jenny are both sales employees. Although they are generally good
employees, when the boss is around and he is watching them work, they both work
extra hard and get more done. Which of the following best explains what is
Anthony is a salesperson that works for a pharmaceutical company. He is trained to
pressure doctors into prescribing his organizations drugs to their patients, by
offering them incentives for doing so. Anthony does not feel right about this, bu
The Walt Disney Company (NYSE:DIS) > Financials > Key Stats
In Millions of the trading currency, except per share items.
Latest on Right
Capital IQ (Default)
S&P Capital I
8 September Lecture Notes
Two categories of perspectives as to why people form teams
o 1. Functional perspectives
1. Survival - numbers create
2. Improvement in quality of life.
o 2. Interpersonal perspective - people have a need to be with other
1. Howdoesthet testdifferfromthez test?Howisitsimilar?
Your students answers should include:
The ttest does not require you to know the population standard deviation. And/or
The ttest uses the sample standard deviation in its calculation.
Past, Present, Future
Sport Psychologists = Study motivation, violence, leadership, group
dynamics, exercise and psychological well-being, thoughts and feelings of
athletes, and many other dimensions of participation in sport and physical
Ch. 6 HW
For the following 2 research projects please clearly state the null and alternative
1. We know that, in the population, the average memory span (number of items a
person can recall) is 7 with a standard deviation of
What is the difference between a one-tailed and two-tailed hypothesis?
A one-tailed hypothesis is directional. The region of the
distribution (rare zone) in which the null hypothesis would be
rejected is all on one side (or tail) of the distribution. A
Chapter 9 HW
1. What are the advantages of the paired-sample t-test?
2. A college president wanted to know how 10-years-after graduation salaries
for academic majors (English, psychology, math, etc.) compared to careeroriented majors (business, engine
February 22, 2016
Monday, February 22, 2016
Corporate level strategy: Actions a firm takes to gain a competitive advantage by selecting and managing
a group of different businesses competing in different product markets
Mintzberg's 5 sector logo -
January 13, 2016
Wednesday, January 20, 2016
Strategic Competitiveness- Achieved by successfully formulating and implementing a
value creating strategy
Value- Cost paid and benefits received by customers
Competitive Advantage- when a firm implemen