Is recognizing a number one, or winner, in a competitive situation better or worse than presenting everyone who participates with an award/trophy?
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Is recognizing a number one, or winner, in a competitive situation better or worse than presenting everyone who participates with an award/trophy?
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- Imagine you are a consultant for a business solution company. Please use the five factors (mentioned in the video) that influence decisions managing technology for a competitive advantage to evaluate the readiness of a change about the business (or the business idea).For the enterprise to be successful, it must understand and act properly to any challenges that could be happen. Identify at least four challenge and explain the relationship among them.Why do firms fail in attracting top talents? Discuss the most common errors that occurs in attracting the top talents? Use relevant examples to support your arguments.
- A resource is considered valuable if it can be utilized to exploit an external opportunity or neutralize a potential threat. A resource is considered rare when there are few competitors in the industry that possess it. Thus, a resource that is valuable and rare has the potential to be a competitive advantage. However, environmental turbulence may make a competitive advantage transitory as competitors respond...To be considered a core competence, a resource must also be costly for competitors to imitate...And finally, an assessment of organizational capabilities must be made to determine whether the firm has the capabilities to support the exploitation of resources that are valuable, rare, and costly to imitate in order to create a core competence on which to build the firm's competitive strategy. Which of your personal resources and capabilities rise to the level of core competencies as they relate to your career (which is Human Resources)? What makes them valuable? What makes them…comment on quote: “In the middle of difficulty lies opportunity” by Albert Einstein In my professional experience, conflict occurs when two parties feel their needs, ideas, or livelihood is threatened.” In the middle of difficulty lies opportunity,” by Albert Einstein, which is one of my favorite quotes and often reminds me that hard times or life challenges can bring opportunity. This quote means that in challenging times or situations, there is always an opportunity or lesson learned. Recently my organization went through a reduction in force (RIF). It was a very challenging time as many people were affected and lost their jobs. Those that remained with the company were also challenged; we had to adjust and take on new roles with much uncertainty. I saw some people rise to the top and thrive in that environment; others crumbled and expressed a lot of negativity and stress. The unstable environment caused a lot of anxiety and stress among the team; however, as time…If you were the chief architect for another company and were asked to design a chip to compete based solely on this metric, what important design decision would you make (in less than 10 words)?
- Define who the competitors are and your understanding of the competition briefly.Research and discuss with citations and references the role of Strategic Management on Business Resilience (4 pages maximum with references)As you construct the framework, you should characterize potential issues and analyze potential challenges and bottlenecks that may occur from implementing your recommended solutions. There are just two possible responses to this inquiry: yes or no. Do you need to pay attention to this, or can you safely ignore it?
- What are the possible threats to the real estate company? This is external to the real estate organization.What possible surprises that the real estate company may have as competition that currently doesn’t exist?What are the potential benefits of exceeding customer expectations in terms of satisfaction?Consider the following scenario and then answer the questions that follow.You have been hired as a business consultant to assist a local air-conditioning company as they scale up from start-up to a growth business. They have taken on 10 new employees, 6 of whom are inexperienced air-conditioning technicians who need to be developed over the next year. Many of the company’s customers are unable to pay for new installations due to tougher business conditions resulting from the pandemic, so the business is wanting to institute a new debtor’s policy.In answering the questions below, consider the following:• Maintain a balance between theory and application;• All theory must be referenced from the textbook and other credible sources;• Very limited use of direct quotes is permitted; you are required to paraphrase and explain concepts in your own words.Q.1.1Identify and discuss a suitable on-the-job training and development method for the company’s technicians.Q.1.2Classify the type of…