ADMS 1000 Study Guide - Final Guide: Future Shop, Ipad, Vertical Integration

62 views3 pages
whitebuffalo5917706 and 39630 others unlocked
ADMS 1000 Full Course Notes
12
ADMS 1000 Full Course Notes
Verified Note
12 documents

Document Summary

Same outline as midterm / added part d with an extra question. Use vrio model to check competitive advantage (ex. Swot analysis strengths, weaknesses, opportunities, threats: conduct on competitors, and also on own firm to see how to take advantage of firm. Paper is needed to make cups, therefore supplying self) or forward: (manufacturing, and also retailer, ex. Sony: when selling to future shop need to give commission; instead sony decides to take commission for self directly from consumer) Life cycle industrial evolution: new product comes in, introduced to the market; market is increasing in size since companies are copying products/innovating to make the same product better to get profit. Eventually, the market will stop growing which is the stage of maturity. *refer to chart of the industry life-cycle stages*: innovation (early stages) organic structure -- a lot of innovation = a lot of growth, maturity mechanistic structure. Issues of management process: formula firstly, state issue very clearly.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers