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Which of the following is a 'hard' factor according to McKinsey's '7-S' model?
Organizations require resourcesto undertake a strategy and these can include physical, human, financial and intangible resources. However, alone they will not ensure Organizational success. For that, resources must be combined together to create competences.
The competences which form the basis of competitive advantage are things that an Organization is able to do and are very difficult for competitors to copy.
Which of the following describes this?
LLL is considering entering Country B to sell its zero emissions car.
LLL has invested heavily in fuel cell technology for its car. It does not rely on any polluting fuels for its energy. This means that LLL'scar is theonly true zero emissions car.
ResearchconductedinCountryBforLLL hasrevealedthefollowing:
* Country B'sGovernment isconcerned thatall forms ofpollution haverisen to dangerouslevels.
* Despite being worried about pollution theGovernment of Country B has not yet adopted taxation policies to encouragetheuse of low pollution cars.
* Driverschoosingacarcontinuetorankthespeedandappearanceofacarverymuchhigher thanitsimpactonenvironmentalpollution.
* About 2% of motorists own an electric or hybrid powered car.
* A high rate of sales tax levied on the price of new cars in Country Bencourages motorists tocontinue to drive older, more polluting,cars.
LLL recognises that it needs to plan its strategy for Country B over the long-term.
WhichTHREEofthefollowingstrategieswouldyouadviseLLLtousetobuild its long-term sales inCountryB?
VWX manufactures and sells a wide range of products. All these products utilise lenses and digital imaging technologies.VWX is considering how to manage its product portfolio.
Management is concerned about two product ranges in particular: cameras and home projectors.
VWX's cameras are Single Lens Reflex (SLR) cameras featuring interchangeable lenses and provide detailed, high quality images of objects both at very close range and at considerable distances.VWX has the largest share of the camera market but the market sales are falling as people increasingly use their mobile phone handsets to take and share photographs.
VWX has a small share of the home projector market. As a consequence the range is loss making. Thehomeprojectors are used to showphotographs orfilmson large wall-sized formats. There is a growing trend for customers to buyhomeprojectors to connect tomobile phones, tabletsand games consoles to projectthecontentinto alargerimageand in order to share it.
Which THREE of the following product management strategies should VWX adopt?
BBB operates a small chain of coffee shops within Country X. a mature economy in northern Europe. BBB was established 20 years ago and currently employs over 150 staff in 25 shops located in major towns and cities throughout Country X. BBB attracts a wide range of customers, who are attracted by its extensive menu of coffee products and food Customers can either consume their purchases within the shop or can take their purchases away.
Which THREE of the following external environmental changes would have the greatest impact on BBB in the next three years?
