AMBA670 | International Business in Business - University of Maryland
6. How can some
companies in poorly performing industries still do well? Note: If you work in government or in a non-profit organization, you may pick a company that your organization contracts with for this exercise. However, we do encourage you to try to apply business strategy concepts to your organization if you can.
Discussion Activity 2
Personal Application Industry competitive analysis. An analysis of your company’s industry from the point of view of Porter’s Five Forces (if your industry operates in perfect or monopolistic competition), Game Theory (if your industry operates in oligopolistic competition) or the Resource Based View of the Firm (if your industry operates as a full monopoly), and any other strategy frameworks that provide insight to your understanding of the industry.
Discussion Activity 3
Personal Application Competitive position of your company within its industry. An analysis of the strengths and weaknessesof your company from the point of view of the Resource Based View of the Firm model and any other strategy frameworks that provide insight into your company’s strategic competitiveness. Discuss your company’s strategy for competitive advantage (i.e. cost leader, differentiation, etc.) and your opinion about how they might change or improve this strategy. Growth potential of your firm. Analyze the opportunities and threatsof your firm, how your firm, based on its resources, can determine business opportunities as a result of the external environments. To do this please use the PESTEL model (politics, economics, society, technology, environment, legislation).
Discussion Activity 4
Personal Application Explain the evolution of the Internet and how it changes the way customers, suppliers and companies interact. Describe how your company utilizes the Internet and other recent technologies. (Be sure to include both internal and external uses) What recommendations do you have to improve and/or expand its online use? How do these existing and new initiatives help to create or destroy economic value in terms of competitiveness (profits), innovativeness (sales growth) and resources (intellectual capital)
Discussion Activity 5
Personal Application Relying on the Staircases to growth paper, analyze each of the seven staircases. Which of the seven staircases is your organization using to grow? Which ones would you recommend, why? Does your organization have enough market power so that such growth strategies may help to create value? Which of the resources (platforms of capabilities) mentioned in this paper is your organization implementing? Explain one by one, how they are used, could be expanded and/or could be implemented in your organization. Are they unique resources, why or why not? Does your organization implement the three horizons approach that McKinsey proposes? If so, how are they implemented? If not, make your own proposal for each horizon. Be creative.
Discussion Activity 6
Ethics and Corporate Social Responsibility Propose a recent (within last 3 years) business ethics case that you are familiar with; alternatively search on the internet or among the
following resources one business ethics case:
http://www.scu.edu/ethics/practicing/focusareas/cases.cfm?fam=BUSI http://web.tepper.cmu.edu/ethics/aa/arthurandersen.htm http://business-ethics.com/category/csr/page/2/ Discuss this case using the following Corporate Social
Responsibility approaches:
Stakeholder Theory, Corporate Citizenship, Corporate Social Performance; Legal, Economic, Moral and Social responsibilities. Week 2 Strategy Simulation Individual Assignment TATA GAME ASSIGNMENTActions for TATA GAME ASSIGNMENT Oct 14,
2017 10:29 AM -
Regarding the TATA write-up, please follow instructions carefully but remember to discuss your actual decisions and the associated results as part of your answers..I want to see a discussion of the interaction between competitive structure and strategy and performance but the game results will give you concrete evidence of this so, use your decisions in the paper.. Remember..strategy becomes more essential as the environment becomes more competitive and the 5 Forces therefore intensify...in an oligopoly the focus is on the behaviors of others vis a vis your own because you can have a big impact ..so game theory becomes very relevant..remember also our
discussion from class that technology standardizes as the industry matures and
cost leadership becomes dominant..think of PCs and TVs ! Week 4 Individual Case Study