globalization.......................................................................................

Feb 3rd, 2012
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Harvard University
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Assignment 1: Strategic Management and Strategic Competitiveness Due Week 2 Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions. Write a four to six (4-6) page paper in which you: Assess how globalization and technology changes have impacted the corporation you researched. Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns. Assess how the vision statement and mission statement of the corporation influence its overall success. Evaluate how each category of stakeholder impacts the overall success of this corporation. Use at least two (2) quality references. Note: Wi

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AssignmentNameInstitutional affiliationINTRODUCTIONGlobalization and technologyTechnology has enabled small scale business owners to venture into more complex and profitable markets (Learning, 2013). The presence of powerful and affordable technology allows small businesses to improve their competitive edge, against larger corporate bodies in the marketplace. Business owners and entrepreneurs are faced with numerous technological challenges ranging from research to social media application in business (Learning, 2013). It is expensive for a new business to purchase and install equipment necessary for technological fortitude. These equipment and software are meant to aid the business in communication matters and production (Learning, 2013).OVERVIEWThe cost of maintenance for such equipment is inhibitive for some small business and can result in the loss of solvency if the business spends more money on technology than the profits realized (Learning, 2013). There are numerous products on the global and regional markets selecting the right device or gadget is an epic task. Small businesses carry out research by reading product review, comparing product prices and consulting with salespersons (Learning, 2013). Large organizations like Dyer and Blair Insurance possess IT departments which are tailored to research. Individuals working in such departments are hired to survey the technological needs of the business. After which these individuals access ways of acq

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