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Chapter 2 , dominant economic features of the industry
Strategic Management
answered on 20-Jan-22 17:19
1.Whether industry profitability is above or below par 2. Whether certain industry activities are characterized by strong experience effects. I dont understand this two lines
latest answer
1. Industry profitability means average profitability of all companies in that industry. One of the features for an industry that we need to consider is its profitability w.r.t. other industries. Example, textile, garmenst industry has higher profitability vs Grocery Retail 2. Experience effects is learning by doing. The point means whether industry is such that costs of its activities reduce when done repetitively or period of time. For example in manufacturing, over a period of time, companies in the industry improves upon efficiency as they learn better ways of doing things
Jiya T
CA Inter
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1
694
Chapter 2
Strategic Management
answered on 14-Jan-22 20:48
"The impact of this constraining forces may vary in nature degree magnitude and importance" What is the meaning of degree and magnitude in this statement?
latest answer
Degree is like higher, smaller. Magnitude refers to size how big, how small
Jiya T
CA Inter
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607
Chapter 2
Strategic Management
answered on 14-Jan-22 20:45
"The important aspect of strategic analysis is to consider the possible implication of routine decision." What is the meaning of the word " implication" in this statement.?
latest answer
A possible future effect / result
Jiya T
CA Inter
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1
487
Differentiation
Strategic Management
answered on 17-Dec-21 19:52
What is the difference between price differentiation and cost leadership?
latest answer
cost leadership is when a firm has lowest cost and hence can charge lower price from customers. This leads to price differentiation.
Rocky Girl .:.
CA Inter
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592
Strategic Business Unit
Strategic Management
answered on 10-Dec-21 07:59
A strategic business unit is a unit within the entity that is run independently, and has seperate vision, mission statements. ITC Group products have been illustrated as an example, in the class. It was also mentioned specially that Tata group cannot classify tata motors, tata communications, etc as SBUs as they are seperate legal entities. But, as per Companies Act, 2013, the object of the organisation shall be specific to one particular kind of business rather than vague. Vagueness is not tolerated by law. So, how does ITC tobacco, FMCG, Hotels, etc be considered as SBUs? If that is the case, can we consider Aditya Birla Group's Louis Philippe, Van Hussein, Peter England,etc in their clothing division as SBUs?
latest answer
A company can have multiple specific objectives
MADDALI AAHLADH
CA Final
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844
Merger
Strategic Management
answered on 29-Nov-21 09:51
What is the difference between merger and diversification in cls.....
latest answer
Diversification is a strategy to enter into a new products or product lines, new services or new markets, involving substantially different skills, technology and knowledge.
Vignesh Hari Krishnaa Karthigayan
CA Inter
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3
525
Intended Strategy
Strategic Management
answered on 24-Nov-21 08:28
What is meant by intended Strategy and where it will be used .Does this strategy really exist?
latest answer
Intended is what you want the strategy to be like
Surya Prakash
CA Final
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Bits
Strategic Management
answered on 23-Nov-21 10:56
Is this bit is meaningful If yes then how it is option-A in 18
latest answer
We have to check which amongst given are ecnomic factors - so that is unemployment rate and interest rates. Others given are either demographic or legal etc.
Surya Prakash
CA Final
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Bits
Strategic Management
answered on 23-Nov-21 10:57
Why it is option-D in 6th bit
latest answer
All of them are external factors
Surya Prakash
CA Final
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Divisional structure
Strategic Management
answered on 21-Nov-21 08:01
What is the difference between functional structure and divisional structure?
latest answer
Divisional structures - organizes business activities into categories like products or services, customer groups and geographical locations . They are also called product or self-contained-unit structure. Every division is responsible for its own functions, thereby holding them accountable for their strategies and achievements, they are fully accountable for any strategy, decision and execution of plans. Itâ??s suitable for large organizations that have many products and national as well as international operations
Vignesh Hari Krishnaa Karthigayan
CA Inter
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2
603