Questions from Management Science

Q: What is the fastest-growing area of environmental scanning? What

What is the fastest-growing area of environmental scanning? What does it provide to an organization?

Q: Setting organizational goals is an important step in planning. What are

Setting organizational goals is an important step in planning. What are the approaches to setting organizational goals? Which do you consider the best?

Q: Hyundai’s Global Command and Control Center (GCCC) have cameras strategically

Hyundai’s Global Command and Control Center (GCCC) have cameras strategically placed across its centres to monitor assembly lines. This helps identify problems and respond quickly. What drives Hyundai...

Q: Why is strategic management important to managers?

Why is strategic management important to managers?

Q: Distinguish between an organization’s external opportunities and its threats.

Distinguish between an organization’s external opportunities and its threats.

Q: There are three different types of corporate strategies. Do you think

There are three different types of corporate strategies. Do you think all corporate strategies revolve around growth? Why?

Q: Explain how managers can use a BCG Matrix to manage strategies by

Explain how managers can use a BCG Matrix to manage strategies by analyzing a corporate portfolio.

Q: In how many ways can managers create a competitive advantage so that

In how many ways can managers create a competitive advantage so that they can compete against their industry rivals?

Q: Founded in 1919, Tesco has grown from a market-stall

Founded in 1919, Tesco has grown from a market-stall in the East End of London into the largest supermarket in the UK by market share, and one of the largest globally in just under a century. In 2018–...

Q: Describe the role of competitive advantage and how Porter’s competitive strategies help

Describe the role of competitive advantage and how Porter’s competitive strategies help an organization develop competitive advantage.