Arab Open University
Tutor Marked Assignment (TMA)-
PT3 Form for B301B Academic Year: 2014 - 2015 Semester: First
Branch: Jordan Program: Business Studies
Course Title: Making Sense of Strategy II Course Code: B301B
Student Name: Maryam Ahmer Student ID: 2100576
Section Number: 1 Tutor Name: Hussein Albanna, Ph.D
Mark details
Allocated Marks Questions Q1 2Q 3Q
Total 100 Weight 35 45 20 Marks
Deduction
Criteria In text referencing (0-5) Referencing
(0-5) Word Count
(0-5) E-Library
(0-5) Total deduction
(0-20)
Marks
100
Student’s Total Mark (total marks
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2) Importance Points Behind the Sustainable and Continuous Some Companies
Why are certain companies capable of sustained innovation? Why are some companies more successful innovators than others?
There are two types of innovative organizations, defender organization and prospector organization. The first one resists change and favours strategies that provide security and sticks to what its good at, it also unlike prospectors, engage in little or no new product or market development. An example is Adolph Coors Company; Adolph emphasized for many years production efficiency in its one Colorado brewery and virtually ignored marketing. The defender type usually could support by a bureaucratic style of management.
From other hand, the prospector organizations thrive on innovation and change. It differentiates its products in a flexible and creative working regime. An example is Miller Brewing Company, that successful promoted "light" beer and generated aggressive, innovative advertising campaigns, but had to close a brand-new
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Competitiveness is how efficiently the organization meets the wants and needs of consumers relative to others that offer similar goods or services. Competitiveness is an important factor in determining whether a company prospers, barely gets by, or fails. Regarding to that, Companies must be competitive so it can sell their goods and services in the marketplace. (Competitiveness, Strategy, and
In 1312 CE Mansa Musa took the throne as sultan of Mali. Then, in 1324CE Mansa created a hajj, or pilgrimage that he would take to Islam’s holy city, Mecca. His hajj consisted of a caravan of 60,000 people, plenty of camels and pounds of gold. In the beginning of the renaissance, Mansa Musa and his hajj went on the journey to Mecca because the Qur’an obligates the creation of the hajj, Musa wanted to expand the wealth of his empire through trade and he also wanted to strengthen ties to other muslim nations. Mansa Musa and his hajj went to Mecca because it is a requirement of the Islamic religion stated in the Qur’an.
With the proceeding with development of innovation, it 's not amazing how patterns are always showing signs of change too. A major number of organizations attempt to make new patterns or keep up and ride with the present ones as they make new tech new companies that will snare general society and keep them needing for additional. Take Flappy Feathered creature for instance. In spite of the fact that the application was discharged May of 2013, it made colossal waves in 2014 and even turned into the most downloaded free amusement in the Apple Application Store. It even earned $50,000 a day!
Strategy means the approach, plan and knowledge that is used to move in the direction that will allow the company to satisfy the customer’s wants and needs, and obtain their goal, while reaching and maintaining an economical benefit over the competition (Defining Your Business Strategy, 2016). It can further be defined as a means of evaluating at what success level they are currently sustaining, and what success level they desire to obtain and the means they will need to use to get to their desired level (Bryson p. 11). A practical understanding of the value that strategy brings to an organization, is the course that the company is to take and the positioning that the company has for the future, and very possibly survival in a very competitive
Ashoka Around 2,000 years ago the people of India regained self-rule. The people of India like all countries, wanted their own design on their flag. They picked the Ashoka Chakra (BGE).
In 1947, Indians chose the symbol of the Ashoka Chakra to represent their flag and their country. Their intentions were to honor a great ruler named Ashoka. 2,000 years ago, he ruled the Mauryan empire. His rule caused a boost in religion and established reforms.
Not so long ago, the honor code system was brought up to the U.S. Senate whether if it’s best to have it input schools to lessen cheating behaviors from students. It was not welcomed at first for those that were against the honor codes and as well of the people in the Senate. Even though after all the revisions and such, some voted to agree to have the codes set in place that would be good enough to have around in school; albeit honor codes don’t always work around schools, and cheating or some type of academic dishonesty will always happen— it’s inevitable. It seems by having these honor codes set in place, it would oppose the cheating and consequences against students. As the ones who have voted for the honor code wanted that safe, confidential, and knowing that their hard work and knowledge wasn’t used against them.
Assignment 301 - Task B a) As a trainer, appropriate behaviour needs to be controlled initially by the setting of boundaries, although not all boundaries will resolve behaviour. This is essential to help ensure all rules are understood and followed all the time, and will then prevent trainees taking advantage of the others in the group. Rules need to be respected, and trust from the learner to progress.
Mansa Musa Mansa Musa was a great and very wealthy leader of Mali. He is considered to be the greatest leader that Mali has ever had. But when Mansa Musa journeyed to Mecca with 60,000 other people, was it strictly for religion, or were there other motives for his journey? Clearly, he wanted to go not just for religion. There were other motivating factors.
Mansa Musa was the wealthiest religious leader of all empires in Africa. During his era, people ventured on a religious pilgrimage in Africa. Mansa Musa was a monotheistic, Muslim leader who wanted to spread the Islam belief of one god and diminish the polytheistic faith while following the 5 Pillars from the Muslim holy book, the Koran, throughout his religious pilgrimage across Africa to the city of Mecca. During the pilgrimage, Mansa Musa combines many religious factors to inform and influence other people about Islam. On Mansa Musa's hajj, 60,000 people followed him (Document A).
Ashoka had many great strategies to claim land. Ashoka lived a royal because he ruled many people and had many great things. He had many violence wars that helped Ashoka out because he got lot’s of land and took lot’s of people for his army to fight. Was Ashoka a ruthless conqueror or enlightened ruler? Ashoka was an enlightened ruler because of two reasons: he out thinked the others and promoted a strong empire.
1.0. INTRODUCTION Every organization strives to benefit from creating value for its customers, in the most effective way, for the purpose of attaining competitive advantage in the business environment in which they operate. Philip Kotler(2015) defines marketing as “the science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit”. According to Hollensen (2003), a strategy is a fundamental pattern of present and planned objectives…”
Now, like any other company out there in the corporate world, they all come across a point in business where they face a competitive situation, due to either their product line, pricing, or their financial system. According to our
Competitive advantage is when two or more firms compete within the same markets, one firm possess a competitive advantage over its rival when it earns (or has potential to earn) a persistently higher rate of profit. There are three types of competitive advantage. a) Cost leadership strategy occurs when a firm a delivers the same services as its rivals but at a lower price. b) The differentiation strategy occurs when a firm delivers greater services for the same price of its rivals. c) Focus strategy is a focused approach requires the firm to concentrate along one specific segment either a cost leadership or a specialization strategy.
Mr Price has a wide range of competitors such as H&M, Woolworths and Pick ‘n Pay. A competitive advantage describes how the business has benefits or strengths over its competitors in the market. By having this, the competitors don’t seem as a threat to the company. It’s used
Strategy also defines what kind of resources we need to achieve the goals set by the