MNG3701

What does the VRIO framework stand for? Valuable- is the resource valuable?, rare- is the resource rare?, imitable- is the resource imitable?, organized- are there organizational processes in place to support valued resources? What are the 3 types of resources? Tangible, Intangible, Capabilities Brainpower Read More What king of resource does this describe? Spur's strong brand name Intangible What king of resource does this describe? reputation for a good steak Intangible What king ...

LATEST MNG3701 - STRATEGIC PLANNING : STRATEGIC ANALYSIS: ANALYZING THE EXTERNAL ENVIRONMENTS. UPDATED Importance of Analyzing the External Environment -Managers can mitigate threats. -Managers can leverage opportunities. -Gain understanding of potential impacts. -Understand the source / proximity of factors. The PESTEL Model -Groups environmental factors into six segments: --Political --Economic --Sociocultural --Technological --Ecological --Legal These factors can create: --O...

MNG3701 Exam Questions and ANSWER (19 Terms) Purpose of Business Organisation - Answer-* To the Entrepreneur it is the profit he makes from his business * To the consumer it is the value of the service or product * To employees it is their salary/wage earned * To an organization it can be selling shares to shareholders .S...

Purpose of Business Organisation - CORRECT ANSWER-* To the Entrepreneur it is the profit he makes from his business * To the consumer it is the value of the service or product * To employees it is their salary/wage earned * To an organization it can be selling shares to shareholders Stakeholders - CORRECT ANSWER-Any person or group of people that have (or claim to have) an interest in an organization and its activities. Stakeholder Expectations - CORRECT ANSWER-* Customers - quality pro...

INTRODUCTION This essay will delve into the concept of responsible competitiveness and differentiate it from its counterpart, irresponsible competitiveness. It will also identify four sources of competitive advantage for Dis-Chem, evaluate the effectiveness of its vision statement, and analyze the company's market environment. In doing so, the major competitors for Dis-Chem will be identified using additional resources and the internet. Furthermore, this essay will explain Porter's five force...

MNG3701 ASSIGNMENT 2 ANSWERS SEMESTER 1 2023

MNG3701 Assignment 2 Semester 1 2023

MNG3701 ASSIGNMENT 1 SEMESTER 1 2023

Mng3701 assignment 1 200+ questions and answers 2022/2023

MNG3701 ASSIGNMENT 1 SEMESTER 2 2023./ MNG3701 ASSIGNMENT 1 SEMESTER 2.