Posted: February 11th, 2023

Organizational Strategy and Policies

Question 1: Based on your experience, education (including the videos and materials assigned this week), and knowledge, how would you best incorporate the following concepts into your view of how to get the best performance out of an organization: core competency, organization structure, MBO (Management by Objectives).   Question #2: Summarize and expand on Chapter #8 of the textbook (Corporate-Level Strategies), and describe what YOU think about the world of large corporate level strategy. Should firms diversify, and is unrelated diversification as bad as most experts suggest? How important is it for a firm to identify and bolster their core competencies? Do mergers and acquisitions help or hurt employees and customers? Use personal examples/experience to expand on these concepts, if you can.   Question #3: Summarize and expand on Chapter #9 of the textbook (Organizational Design), and the importance of organization structure, a chosen legal form of the organization, and organization control systems. Also rate (good or bad) MBO as a management style, and whether you believe it will lead to improved firm performance (or other benefits).   Question #4: This week there were videos (and readings) covering somewhat disparate topics in business and strategic management. Which of these videos most resonated with you in regards to understanding business and strategic management (and why)?Question #5: For Apple, describe the firm’s competencies. Once you have identified core competencies (in your opinion), what types of diversifications should Apple target – what kinds of companies should it attempt to acquire (and why)?pls see attahed doc with instructions and references on the second page