MGMT 4260 Final: Final Exam Essay Question Notes
11 Dec 2017
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***will relate to global strategy, structure, and implementation. Process disruptions: reinventing systems of production and distribution, experimenting with new business models, resetting standards of executive effectiveness. Political disruptions: changes like the global financial crisis resets the structure of many industries. Falls in consumer, industrial, and public demand have changed the power of buyers and suppliers: growing debt problems impose more monetary discipline on governments. Telltale marks: significant changes in long-term growth rates, breakthrough technologies, new consumer and usage patterns, manufacturing innovations, rapid diffusion of businesses across countries, abrupt changes in government regulations, events like the internet, or the global financial crisis. Value definition: the measure of a firm"s capability of selling what it makes for more than the costs incurred to make it. Primary activities define the core business functions such as: developing the product, building the operations that make it onward through logistics, marketing, distribution, servicing.
