Why is it important for company managers to develop a worry list of strategic issues and problems that they need to address and resolve? What should they consider to develop this list?
What will be an ideal response?
Compiling a worry list of problems creates an agenda of strategic issues that merit prompt managerial attention. Pinpointing the precise things that management needs to worry about sets the agenda for identifying the specific issues and problems that the management needs to address to improve the company's performance and business outlook. The worry list of issues and problems that have to be wrestled with can include such things as how to stave off market challenges from new foreign competitors, how to combat the price discounting of rivals, how to reduce the company's high costs, how to sustain the company's present rate of growth in light of slowing buyer demand, whether to correct the company's competitive deficiencies by acquiring a rival company with the missing strengths, whether to expand into foreign markets, whether to reposition the company and move to a different strategic group, what to do about growing buyer interest in substitute products, and what to do to combat the aging demographics of the company's customer base.
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What will be an ideal response?
Validation of knowledge is usually done by a human expert in the knowledge domain
Indicate whether the statement is true or false
Why would an organization want to move their enterprise system to the cloud?
A. Because the cloud is popular. B. Because they do not want to deal with data issues. C. Organizations cannot move their enterprise system to the cloud. D. Because they want their data in another country. E. Because of a cost savings.
The ANOVA procedure is a statistical approach for determining whether or not
a. the means of two samples are equal b. the means of two or more samples are equal c. the means of more than two samples are equal d. the means of two or more populations are equal