UNIT 7 A (internal enviro ) INFLUENCE ON CORP OBJ /DECISIONS

Question 1

WHAT ARE THE 3 INTERNAL FACTORS

Answer 1

poor performance

new leader

bs culture

Question 2

period of poor performance can be indicated by

Answer 2

deckine in SR
loss of mkt share

Question 3

period of poor performance can do waht to teh bs startegy

2 marks

Answer 3

provoke change in bs startegy

to guide and measure its performance

Question 4

give real life example of poor performance

Answer 4

MS 2018 62% decline in profits

impelemted transformation plan

introduced by cmopaby CE

Question 5

new leader in bs can ahve

Answer 5

mmajor influence on obj set

and start decision taken in pursuit of those obj

Question 6

give example of new leader having to make corp obj changes

Answer 6

NICK READ CEO VODAFONE 2018

review obj abd make tough descison in relation to comp UK performance as rev fell by 3.6% + customer complaints about service

Question 7

Culture meaning

Answer 7

values attitudees beliefs of those who work for a bs

Question 8

if abs is entrepreneurial and encourages ideas and employee initiatives how would this affect corp obj

Answer 8

setting corp obj that decentralise org and delegate authority to juniot employees

Question 9

if a bs is operates with customre focused culture where customers are highly valued how would this affect corp obj

Answer 9

copr and strategic descison related to

product development
employee traing to put customer first