MGT 401 SEU Strategic Management in Business Discussion

Interactive Activities 10 & 11

Content Introduction

­­­­­­­­­­­­Learning Outcomes

1. Understand issues related to strategic competitive advantage in diversified organizations
2. Gain insights into the strategy-making processes of different types of organizations

Reading

Required

Chapter 10. strategy implementation: staffing and Directing

Chapter 11. Evaluation and control

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14^th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended

de Menezes, A. A., Soares, C. L. M., Poz, M. R. D., & Pinto, I. C. M. (2022). Application of the workload indicators of staffing need method to calculate the size of the medical staff at a maternity hospital in the state of Bahia, Brazil. Human Resources for Health, 19. https://doi.org/10.1186/s12960-021-00660-6

Steinmann, H. (2008). Towards a conceptual framework for corporate ethics: problems of justification and implementation. Society and Business Review, 3(2), 133–148. https://doi.org/10.1108/17465680810880062

Egbunike, P., & Unamma, A. (2017). BUDGETING, BUDGETARY CONTROL AND PERFORMANCE EVALUATION: Evidence from Hospitality Firms in Nigeria. STUDIES AND SCIENTIFIC RESEARCHES. ECONOMICS EDITION, (26). https://doi.org/10.29358/sceco.v0i26.398

Test your knowledge

Question 1

How can corporate culture be changed? ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

Question 2

When should someone from outside a company be hired to manage the company or one of its business units? ……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

Question 3

What are some examples of behavior controls? Output controls? Input controls?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………