Essays Tagged: "wheelen"
Strategic Management Process.
the interaction between these elements.Exhibit 1. Basic Elements of the Management Process (Source: Wheelen & Hunger, 2002)2. Environmental ScanningWheelen & Hunger (2002) described environmen ... petitive advantage and development of new opportunities.Exhibit 2. Environmental Variables (Source: Wheelen & Hunger, 2002)2.1Societal EnvironmentThe societal environment comprises factors that or ...
Subjects: Businesss Research Papers > Management
Understanding the Impact of Technology
daily lives. Technology is responsible for allof the modern conveniences that we take for granted. Wheelen and Hungerwrite that properly managing technology and innovation is crucial in afast-moving ...
Subjects: Businesss Research Papers
Selecting an Organizational Design
also use any combination of the five structures to supportshort to long term strategy.According to Wheelen and Hunger, simple structure has nofunctional or product categories and is appropriate for a ...
Subjects: Businesss Research Papers > Management
"The Wallace Group," Case 2
o a more sophisticated and complex organizational structure?Strategic Management and Business PolicyWheelen & Hunger Chapters 1 - 2Strategic management is the process of specifying an organization ...
Subjects: Businesss Research Papers > Case Studies
Vermont Teddy Bears Case Study: EFAS/IFAS
ted bears that were "...machine washable... [jointed]...safe for children... (and had) personality (Wheelen, Hunger, 2004)."John soon realized that his company needed another marketing channel. He use ... ansforming to a "...professional managed organization," John resigned and a new CEO took his place (Wheelen, Hunger, 2004). However, that CEO has been replaced as well. Elisabeth Robert took over the ...
Subjects: Businesss Research Papers
The Wallace Group what is the biggest area of Concern
s feel that each of the three groups functions as a separate and independent companies (Hunger, D., Wheelen, T. 2004). Each of these three groups has a set of concerns, some of them are shared and oth ... that many managers being promoted from within, whit little or no management experience (Hunger, D., Wheelen, T. 2004). The union is making negotiations extremely tough this time around with regards to ...
Subjects: Businesss Research Papers > Management
"The Wallace Group": Case 2.
He simply required the companies to uphold a profitable operation without any direction to improve (Wheelen & Hunger, 2004, p. 2-5).b. The company seems to have difficulty in the hiring process. I ... e. This would require that the company adopt a board of directors, which has five responsibilities (Wheelen & Hunger, 2004, p. 27):1. Setting corporate strategy, overall direction, mission, and/or ...
Subjects: Businesss Research Papers > Case Studies
Strategic Management and Business Policy, Global Strategic Management Wallace Group
gtop management. Reviewing and approving the use ofresources and caring for shareholder interests. (Wheelen &Hunger)The next important problem that the Wallace Groupis facing is the fact that they ... ensure individualsuccess and organizational competitiveness in todaysglobal marketplace.References:Wheelen, Thomas L. & Hunger, David J. Strategic Management and Business Policy (ninth edition)AI ...
Subjects: Businesss Research Papers > Management
Vermont Teddy Bear Company: Scanning the Environment develop EFAS & IFAS Tables
along with Table 4-5 as a guide, and from the readings of Scanning the Environment (Albright, 2004 Wheelen & Hunger, 2006). The external factors I looked at were advertising, number 1 central the ... rom aboard, Joan Martin's shares, other bear factory outlets, and property surrounding the factory (Wheelen &Hunger, 2006).I consider each of these factors important for various reasons. Advertisi ...
Subjects: Businesss Research Papers > Case Studies
Strategic Management: The Wallace Group
pany that deals in the development and manufacturing of electronic, plastic and chemical products. (Wheelen & Hunger, 2006). Harold Wallace, the President and Chairman of The Wallace Group, held 6 ... nce the acquisition of the plastics and chemical companies, his holdings slightly decreased to 45% (Wheelen & Hunger, 2006). However, he continues to serve as the organization's President and Chai ...
Subjects: Businesss Research Papers > Case Studies
Exporting, Advantages and disadvantages of exporting, Common Pitfalls of Exporting
e of the experience curve to reduce the per-unit cost of products sold, thereby increasing profits (Wheelen et al, 2000).A corporation can grow internally or it can grow externally. Nowadays, growth u ... .A. (2002), "Why Small Firms Export: Another Look", Journal of Small Business Management 40, p.17-26Wheelen, T.L. and Hunger J.D. (2000), "Strategic Management and Business Policy", 7th Edition, Prent ...
Subjects: Social Science Essays > Economics
External Analysis – Theories, Frameworks and its Relevancy in Strategic Decision Making
aluating various external environmental sectors impacting performance (Coutler, 2002). According to Wheelen and Hunger (2006), external analysis would include both general (indirect) and specific envi ... and methodologies. [Electronic version]. International Journal of Educational Management, 10[3], 5-9Wheelen, T. L., Hunger, J. D. (2006). Strategic Management and Business Policy, 10th edition. New Je ...
Subjects: Businesss Research Papers > Management > Management Planning & Decision Making
Tiger Airlines
ustry typically bring to it new capacity, a desire to gain market share, and substantial resources (Wheelen and Hunger, 7th Ed, pg 61). The threat of new entrants largely depends on the barriers to en ... on the barriers to entry - obstructions that make it difficult for a company to enter an industry (Wheelen and Hunger, 7th Ed, pg 62). High entry barriers exist in some industries (e.g. shipbuilding) ...
Subjects: Businesss Research Papers
Ethics and Social Responsibility/ Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.
of an organization's management are to follow the generally held beliefs about behavior in society (Wheelen and Hunger, p. 58)." The courtesy to the community and the stakeholders of informing those a ... xecutive bonuses, and manipulation of the electricity market-leading to a California energy crisis (Wheelen and Hunger, p. 63)."Enron is one of many corporations that have and some continue to over st ...
Subjects: Businesss Research Papers > Management > Management Planning & Decision Making
The Role of Ethics and Social Responsibility
f an organization's management are to follow the generally held beliefs about behavior in society" (Wheelen & Hunger, p. 58).When an organization's values and ethics support its strategy, it is co ... pset if an organization's management fails to act according to generally prevailing ethical values (Wheelen & Hunger, p. 58).Monsanto unethical boundariesAccused of suing small farmers frequently ...
Subjects: Businesss Research Papers > Management