MGT 401 SEU Balanced Scorecard To Measure Executive Incentives And Firm Performance Discussion part 1 and part 2 are done already and attached to help . n

MGT 401 SEU Balanced Scorecard To Measure Executive Incentives And Firm Performance Discussion part 1 and part 2 are done already and attached to help .

need answer of part 3 , which is :

Questions

Consider the same company ‘X’ that you have already used in assignment 1& 2 and answer the following questions.

Evaluate the performance of the main activity of your selected company (performance of principal product/service). What type(s) of criteria do you use to evaluate this performance? (2 marks)
What type(s) of control of employees and production processes is/are used by your selected company? (1.5 mark)
How does the corporation manage the environmental risks? (2 marks)
Evaluate the competitive advantage of the corporation on its market. Suggest some recommendations for the managers of your selected company to improve this competitive advantage. (2.5 marks)

End of the project

Section 2 = Discussion Questions.

Questions

Discuss the following questions:

Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Explain. – Max 300 words (3 Marks)
How can corporate culture be changed? Give examples. Max 250 words(2 Marks)
How is the cellular/modular structure different from the network structure? Give at least three differences. – Max 200 words(2 Marks) College of Administrative and Financial Sciences
Assignment 1- Strategic Management
(MGT 401)
Deadline: 02/03/2020 @ 23:59
Course Name: Strategic Management
Student’s Name:
Course Code: MGT 401
Student’s ID Number:
Semester: II
CRN: 20902
Academic Year: 1440/1441 H
For Instructor’s Use only
Instructor’s Name: Dr. Zahra Ghali
Students’ Grade: Marks Obtained/Out of
5
Level of Marks: High/Middle/Low
Instructions for the three assignments – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
Project:
Strategic Management of the company ‘X’
Structure of the project
This project aims to study the strategic management of your selected company ‘X’. It includes
three main parts:
– Part 1: Assignment 1= Environmental scanning & strategy formulation.
– Part 2: Assignment 2= Strategy implementation.
– Part 3: Assignment 3= Evaluation and control.
Description of the company ‘X’
–
It is a company from your choice;
From real national or international market;
–
It is publicly traded company;
–
Produces and commercializes more than one product;
Sufficient information about the strategies of the company, its functions, structures and
product lines are available;
This company should have at least one partnership with other company (es) (alliances, joint
venture, arrangement…).
–
Note.
If you face any ambiguity regarding the choice of the corporation, kindly feel free to ask more
clarification from your instructor.
Assignment 1: Part 1 of project
Environmental scanning & strategy formulation
Learning outcomes:
1. Understand the basic concepts and terminology used in Strategic Management. (Lo 1.2)
2. Identify opportunities and threats as well as strengths and weakness in the operating environment of
hypothetical and real-world organizations (Lo 2.9)
3. Understand issues related to strategic competitive advantage in organizations (Lo 2.2)
4. Identify appropriate strategies for different situations (Lo 3.1).
Assignment Questions
(5 Marks)
1. Briefly present your selected company (name, industry, nationality, location, size, activities,
products…) (Max 200 words).
(0.5 mark)
2. Determine the opportunities, threats, strengths and weaknesses of your selected company by
completing the SWOT matrix below. (1 mark)
3. Does your selected company have social responsibility? If yes, discuss its impact on
competitive advantage of the corporation. (Max 400 words) (1 mark)
4. Based on the figure 4.3 (Ch4-slide no 18) and the textbook text relative to Porter’s Five forces
of competition framework, assess the power of the buyers, suppliers and substitutes of your
chosen company. How formidable are the barriers to entry and how intense is the rivalry
among existing firms? ( 2 marks)
5. What is the competitive strategy used by your selected company? Justify. (0.5 mark)
Assignment Answers:
1. Briefly present your selected company (name, industry, nationality, location, size,
activities, products…) (Max 200 words).
(0.5 mark)
Answer:
Apple Inc. strategy Formulation
Apple Inc. is an American publicly traded company with its headquarters in Cupertino, California.
However, the company operates across the globe in four geographic segments including Europe,
Greater china, Rest of Asia Pacific, and in the Americas. According to Forbes magazine, the
company boosts of 132,000 employees, with market capitalization of $961.3B (Global 2000). It has
been in existence since 1976 and was founded by Steven Paul jobs, Stephen G. Wozniak, and Ronald
Gerald. Since then, it has dominated the computer hardware industry throughout the years. The
major products under Apple include iPhones, Macs, iPads, and iPods (Global 2000).
Social responsibility
Apple purports to be on the forefront of enhancing social responsibility. It even goes ahead to say
that it is “committed to ensuring the highest standards of social responsibility wherever our products
are made. We insist that our suppliers provide safe working conditions, treat workers with dignity
and respect, and use environmentally responsible manufacturing processes” on its website (klein).
However, from a company of Apple’s stature, there is yet enough to be done in terms of corporate
social responsibility.
The company needs to do more than only focus on the labor and its suppliers. It has made efforts to
stop unethical practices among its suppliers including barring the use of underage laborers. It has
successfully managed to stop this practice in 10 of its facilities. In addition, it has managed to
channel for better and safe working conditions for the workers. The other malpractices that Apple
has managed to avert include cases of bribery as well as forgery of audit materials (klein).
However, in line with the industry that the company operates, Apple should have social
responsibilities that will reflect its impact in the computer hardware industry. Such may include, but
are not limited to supporting innovative design that will bring about social change, social issues
information dissemination, and offer support to technological development that will impact on social
change (klein).
Porter’s Five Forces Model
Apple has dominated the American market for long. To start with, the threat of new entrants into the
market is relatively low. This is because Apple has created a brand for itself that is recognized
worldwide. The other factor limiting new market entrant is the fact that setting up a company like
Apple, and producing similar products is very costly.
Using Porter’s Five Forces Model, the threat of substitute products in regards to Apple products is
low. This is because the substitutes are to a large extent limited in terms of their capabilities as
opposed to Apple products. This means that users will go for Apple products, despite their price, as
opposed to the substitutes which have limited functionality (Porter).
Apple has the upper hand when it comes to negotiating with its suppliers. It has a stronger bargaining
power. There are numerous suppliers willing to do business with Apple, thus giving the company the
cutting edge. The fact that Apple is a constant customer to the suppliers means that no supplier
would want to run the risk of losing the business with Apple (Porter).
On the other hand, Apple exercises a relative bargaining power to its customers depending on the
number. One customer has a weaker bargaining power while many customers present a stronger
bargaining power. However, the company has created a loyal customer base that would hardly leave
Apple products for any other products due to the uniqueness of the products (Porter).
Lastly, there is high competition in the technology industry, where Apple belongs. The competitors
invest heavily on marketing as well as in research and development, presenting a strong competitive
force. The fact that the switching cost from one product to another is relatively low makes the
technology industry very competitive (Porter). To avert that, Apple makes sure that they develop
unique products all through.
Competitive advantage
Apple’s competitive strategy is its pricing power. The fact that Apple produces high end unique
products gives it the power to set prices for the products, something that the competitors lack. They
know that they have premium products, thus they charge more for their products as opposed to the
competitors (Markman).
2. Determine the opportunities, threats, strengths and weaknesses of your selected company
by completing the SWOT matrix in the answer sheet. (1 mark)
Opportunities
AI and IoT
Threats
Intensifying competition
Growing Service Portfolio
Trade wars
Regulatory pressures
Strengths
Weaknesses
International presence
Premium prices
Brand Image
Sales fluctuations
Product portfolio
References
Global 2000. n.d. 02 March 2020.
.
klein, Paul. Where Is Apple’s Social Purpose? 12 August 2011. 02 March 2020.
.
Markman, Jon. Apple Still Holds This Key Advantage. 30 April 2018. 02 March 2020.
.
Porter, Michael E. How Competitive Forces Shape Strategy. March 1976. 02 March 2020.
.
College of Administrative and Financial Sciences
Assignment 2- Strategic Management
(MGT 401)
Deadline: 28/03/2020 @ 23:59
Course Name: Strategic Management
Student’s Name: Manayir Alsaleh
Course Code: MGT 401
Student’s ID Number: 160113750
Semester: II
CRN: 20902
Academic Year: 1440/1441 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: Marks Obtained/Out of
5
Level of Marks: High/Middle/Low
Instructions for the three assignments – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
Project:
Strategic Management of the company ‘X’
Structure of the project
This project aims to study the strategic management of your selected company ‘X’. It includes
three main parts:
– Part 1: Assignment 1= Environmental scanning & strategy formulation.
– Part 2: Assignment 2= Strategy implementation.
– Part 3: Assignment 3= Evaluation and control.
Description of the company ‘X’
–
It is a company from your choice;
From real national or international market;
–
It is publicly traded company;
–
Produces and commercializes more than one product;
Sufficient information about the strategies of the company, its functions, structures and
product lines are available;
This company should have at least one partnership with other company (es) (alliances, joint
venture, arrangement…).
–
Note.
If you face any ambiguity regarding the choice of the corporation, kindly feel free to ask more
clarification from your instructor.
Assignment 2: Part 2 of the project
Strategy implementation
Learning outcomes:
1. Understand the contribution of various functional areas e.g. production, marketing, purchasing and supply
management to the overall well-being of the organization (Lo 1.2.)
2. Gain insights into the strategy-making processes of different types of organizations (Lo 1.7)
3. Identify appropriate strategies for different situations (Lo 3.1).
Assignment Questions
(5 Marks)
Consider the same company ‘X’ that you have already used in assignment 1 and answer the following
questions
1. Describe the roles of directional, marketing, operations and human resource strategies in
the overall well-being of your selected company. (2 marks)
2. Classify the products of your selected company based on the BCG matrix. (fill out the table in
the answer sheet) (1 mark)
3. Describe at least one partnership that your selected corporation has with other company (es).
Is it successful? Justify. (1mark)
4. Describe the structure of your selected company. (1 mark)
Assignment Answers:
1. Describe the roles of directional, marketing, operations and human resource strategies in
the overall well-being of your selected company. (2 marks)
Answer:
Directional strategy: Directional strategy of Apple Inc. has enabled it to remain competitive and
leading technological industry in the market. Strategies that promote innovation in the company have
enabled Apple to remain the better choice for customers in the market. Increased sales of iPods and
IPad devices have increased the financial strengths of the company enabling it to overcome market
turbulence. The directional strategy has also enabled the company to stick on its goals and
objectives. Further, products differentiation has enabled Apple to remain competitive and a leader in
the market (Lopez, 2019).
Marketing strategies: Marketing is crucial in any business because it ensures that consumers are
aware of the product or service in the market. Apple has focused on marketing operations on the key
business areas such as iPods and iTunes. A strong marketing department has enabled the company to
reach out to customers in different parts of the world. Marketing has played a role in informing
people about new and existing products in the market.
Operation strategies: Operational strategies have played a crucial role in the success of Apple
Company. Grouping of employees based on their capabilities and expertise has improved innovation
and productivity. Operational strategies have also enabled the company to reduce the cost of
operations, thus, maximizing profitability. The company is also increasing flexibility through
decentralization of responsibilities to promote the execution of operations and decision-making
(Meyer, 2019).
Human resource strategies: The innovations and growth in Apple are due to better human
resources strategies that are in place. Talented employees have been recruited in the company
making Apple a company with the best employees (Plicesgri, 2018). This talented workforce is the
one that is driving Apple Company to various success. Human resource department retains talented
employees with efficient management skills to promote growth.
2. Classify the products of your selected company based on the BCG matrix. (fill out the following
table) (1 mark)
Answer:
Table 1. BCG matrix of the company ‘X’
Stars
1. iPhone
Question Marks
1. Apple TV
2. ipad
Market Growth Rate
Cash Cow
1. Mac book
Dogs
1. iTunes
2. iPod
Relative market share
3. Describe at least one partnership that your selected corporation has with other company (es).
Is it successful? Justify. (1mark)
Answer:
Apple Company is working with various partners to realize its success. One partner of Apple
Inc. is Cisco. Cisco is a company that provides networking and security services, and it first
partnered with Apple in 2015. The collaboration between Apple and Cisco has been successful
in many ways. The partnership has enabled Apple to manage cyber risks resulting from
malware and ransomware and improve the security of its devices. Apple products are one with
the best security features, and this was made possible through this partnership. Furthermore,
the partnership has promoted various networking collaboration in IOS products (Gagliordi,
2018). The two companies have also announced a further collaboration in security and
networking.
4. Describe the structure of your selected company. (1 mark)
Answer:
Apple Inc. is structured in a manner that promotes operations. Employees for instance have been
grouped based on their expertise and resources. Such grouping enables employees to learn from
one another and the company to learn from its functions. The existing structure of the company
also ensures that the costs of operations are reduced and increases flexibility in the company. The
management of the company has been arranged in a manner that promotes operations. Managers
for example have been assigned a greater control of various activities in an organization so as to
reduce several hierarchies that may affect operations. Authorities and responsibilities in Apple
have been decentralized forming a flat structure. Such decentralization enables managers and
employees to work closely towards promoting the strengths of the company. The rapid growth and
innovation witnessed in this company is due to the organization structure that exists in this
company (Meyer, 2019).
Reference
Gagliordi, N. (2018, February 5). Apple, Cisco Partnership Expands with Cybersecurity Insuarance
Offering. zdnet.com.
Lopez, M. (2019, September 7). Evaluating Apple’s Services Strategy Ahead of the Apple Watch 5
Release. Forbes.
Meyer, P. (2019, February 14). Apple Inc.’s Organizational Structure & It’s Characteristics (An
Analysis). Business Management.
Plicesgri. (2018, February 18). Strategic Human Resources Activities at Apple Inc. Journal of
Human Resource Management.
College of Administrative and Financial Sciences
Assignment 3- Strategic Management
(MGT 401)
Deadline: 11/04/2020 @ 23:59
Course Name: Strategic Management
Student’s Name:
Course Code: MGT 401
Student’s ID Number:
Semester: II
CRN:
Academic Year: 1440/1441 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: Marks Obtained/Out of
15
Level of Marks: High/Middle/Low
Instructions for the three assignments – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted.
Assignment 3:
Part 3 of project & Discussion Questions
Learning outcomes:
1. Understand issues related to strategic competitive advantage in diversified organizations (Lo 2.2)
2. Gain insights into the strategy-making processes of different types of organizations ( Lo 1.7)
3. Identify appropriate strategies for different situations (Lo 3.1).
This assignment 3 includes two independent sections: section 1-complement of project
& section 2- discussion questions.
Section 1 = Part 3 of project
Questions
(8 Marks)
Consider the same company ‘X’ that you have already used in assignment 1& 2 and answer the
following questions.
1. Evaluate the performance of the main activity of your selected company (performance of
principal product/service). What type(s) of criteria do you use to evaluate this performance? (2
marks)
2. What type(s) of control of employees and production processes is/are used by your selected
company? (1.5 mark)
3. How does the corporation manage the environmental risks? (2 marks)
4. Evaluate the competitive advantage of the corporation on its market. Suggest some
recommendations for the managers of your selected company to improve this competitive
advantage. (2.5 marks)
End of the project
Section 2 = Discu…
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