Saturday, February 22, 2020

Corporate and business strategy in an international context Coursework

Corporate and business strategy in an international context - Coursework Example Michael Dell emphasized upon maintaining a flexible resource base so that rivals could not match the business model. The strategic focus of Michael Dell’s business model was managing opportunities. Dynamic capabilities enabled the company to meet this objective. Michael Dell converted other resources and capabilities into a distinctive competency by focusing upon adaptation and change. The industry in which Dell operated was characterized by a constant pace of change. Therefore the management needed to focus upon developing a sustainable future by continuously improving firm competency. To this end the dynamic theory was applied. The company maintained a reconfigurable resource base so that a flexible combination of uncertainty and commitment-intensity could be made feasible. In this manner, Dell was able to maintain its market leadership. Firm performance was characterized by the direct model which was different from the business models implemented by the competitors. Althoug h the competitors tried to implement Dell’s business model, they could not develop the same level of firm competency because Dell had already built an organizational capacity for response, reverse and contingency in this area. This allowed the company to maintain competence-generating strategic processes geared towards continuously renewing the competitive advantage. As a result Dell was well-positioned for changing future conditions. The PC industry was structurally attractive since it had the largest share of the industry. However the profit margin was not so great compared to those from microprocessors, software and services. Therefore Dell had to maximize its unit share in order to maximize profitability. This objective was met through tailoring the production system to customer requirements. The investments in online technology and JIT enabled the company to

Thursday, February 6, 2020

CHILDREN MODELING THEIR PARENTS' PROSOCIAL BEHAVIOR Research Paper

CHILDREN MODELING THEIR PARENTS' PROSOCIAL BEHAVIOR - Research Paper Example According his first two stages: when the children are between 3 to 6 years old (Stage 1) they cannot distinguish between their own interpretation of the situation and the other person’s point of view clearly. In the next stage (Stage 2, from 5 – 9 years) the children do realize the difference between their own perception and others but they are unable to understand it. This means that from the very early age the moral development of the child starts and the children learn and imitate their adults, with whom they are emotionally attached with, in their own social life (White, Burnam, 1975). Since from the recent years, the tradition of the families to live in isolation is becoming very common, therefore it is evident that most of the children, in the hope to be like them, are imitating their parents consciously or unconsciously (Schulman, & Mekler, 1994). The highest level of learning by a child is through modeled behavior. The chances of adoption will increase if the model is similar to the observer (child) and also share an admired status from him (Zohery, 1994). Children grow and discover best in the scenarios where they are appreciated and protected. Their physical desires are satisfied and they experience psychological security (Preusse, 2008). Keeping this in mind, the children that are exposed to pro- social activities by parents being their models can learn more quickly and adapt those qualities very easily as they are provided with the direction within a security. It has also been seen in the research that the young children who are very much dependent on others, aging from three to five are influenced by the modeling more, as compared to the elder children (Eisenberg, & Mussen, 1989). For this reason, they develop the psyche of the model and unconsciously they behave accordingly. Since in the childhood, the children are mos tly associated with their parents so automatically they develop the habits of their