Strategic Management and Decision Making - How can a decision maker

Question # 00642402
Subject: Business
Due on: 12/06/2022
Posted On: 12/06/2022 04:44 AM
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SEU Strategic Management and Decision Making Questions

How can a decision maker identify strategic factors in a corporation’s external international environment? (2 marks)

Discuss the relationship between corporate governance and social responsibility? Give examples. (2 marks)

Review the figure 4-3, p.110 from your textbook and answer the following questions:

Choose any example of industry from the real national or international market, and detail Porters’ five forces framework with a graphic representation.(2.5 marks)

According to Porter’s framework, what determines the level of competitive intensity in your chosen industry? (1.5 marks)

Assess the threat of new entrants, and substitute products/ services for your chosen industry.(1 mark)

Is your chosen industry attractive for investment? Why or why not?

 

Part number 2, I don't mind after 10 day
Read carefully case No 8 from your textbook (entitled ‘iRobot: Finding the Right Market Mix?) and answer the following questions: (1 mark each question) 

  • Draw the SWOT matrix of the iRobot company.

What is the competitive strategy used by iRobot company? 

  • Use the five forces of the M. Porter matrix to describe the robot-based product industry. 

Describe the different functional strategies of the iRobot company.

Describe the relationship of iRobot with its primary stakeholders.

Describe the core competency and the outsourcing strategy of iRobot. 

  • What kind of strategic alliance is used by iRobot? Why does iRobot choose it?
  • What are the main challenges that iRobot faces?  

Assess the competitive advantage of iRobot on its market.

  • Recommend solutions for iRobot to improve its competitive advantage.
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