The nine cell industry attractiveness competitive strength matrix. RETL487 CH 8 Flashcards 2022-10-29
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Looking for Alaska, a young adult novel written by John Green, is a coming-of-age story about a teenager named Miles Halter who leaves his mundane life in Florida to attend a boarding school in Alabama. At the school, Miles becomes friends with a group of misfits and falls in love with a girl named Alaska Young. The novel explores themes of love, loss, identity, and the search for meaning in life.
One of the main themes of Looking for Alaska is love. Miles falls in love with Alaska, and his love for her drives much of the plot of the novel. However, their relationship is complex and tumultuous, as Alaska is dealing with her own emotional issues and struggles. The novel also explores the concept of unconditional love, as Miles's friends demonstrate their love and support for him even when he is struggling or making mistakes.
Another major theme in the novel is loss. Miles's life is deeply affected by the loss of his mother and the loss of his friend Alaska. The novel explores how loss can change a person and the ways in which people cope with grief. Miles grapples with feelings of guilt and grief as he tries to come to terms with the loss of Alaska, and the novel ultimately serves as a meditation on the nature of loss and its place in the human experience.
Identity is another important theme in Looking for Alaska. Miles embarks on a journey of self-discovery as he leaves his hometown and begins attending boarding school. He struggles to find his place in the world and to figure out who he is and what he wants from life. The novel also touches on the theme of identity in relation to religion, as Miles grapples with his own beliefs and the role that religion plays in his life.
Finally, the novel explores the theme of the search for meaning in life. Miles is driven by a desire to find the "Great Perhaps," a phrase coined by his hero, François Rabelais, which refers to the search for a greater purpose or understanding in life. Miles's quest for the Great Perhaps is closely tied to his search for Alaska, and the novel ultimately suggests that the search for meaning is a lifelong journey that can take many different forms.
In terms of symbols, one of the key symbols in the novel is the labyrinth. The labyrinth serves as a metaphor for the complexities and mysteries of life, and Miles and his friends often discuss the concept of the labyrinth as they try to make sense of their own experiences. Another important symbol in the novel is the metaphor of the "looking glass self," which refers to the idea that one's self is shaped by the perceptions of others. This concept is explored through Miles's relationships with his friends and with Alaska, and it serves as a reminder of the power of our interactions with others to shape our sense of identity.
In conclusion, Looking for Alaska is a thought-provoking and emotionally powerful novel that explores a range of themes, including love, loss, identity, and the search for meaning in life. Its characters and symbols serve to enrich and deepen the novel's themes, making it a powerful and enduring work of literature.
Chapter 8 Flashcards
Businesses are said to be related when: a. Brand image and reputation 5. Picking new industries to enter and deciding whether to enter the industry by starting a new business from the ground up, acquiring a company already in the target industry, or forming a joint venture or strategic alliance with another company e. The basic premise of unrelated diversification is that: a. That its business units are all fairly strong market contenders in their respective industries The nine-cell industry attractiveness competitive strength matrix: A. Different factors are included in industry attractiveness to determine the level of competition in it in a collective form. Which of the following is true concerning relative market share? A dominant business enterprise There is ample room for companies to customize their diversification strategies and be defined as being either narrowly or broadly diversified, and when combination related-unrelated diversification strategy options are adopted, they have particular appeal to: A.
The generic competitive strategy each business is employing d. GE Matrix implies multifactor portfolio matrix, that assist firm in making strategic choices for product lines based on their position in the grid. In order for a diversified company to perform well, Multiple choice question. These companies have no promising outlooks anymore and should not be invested in. The company has gain expertise in technology to catch up and to potentially takeover their competitors. Broaden the company's business scope by making new acquisitions in new industries e. Each group of boxes indicates what you should do with your investments.
The nine cell industry attractiveness competitive strength matrix A Is useful
Which one of the following is not something that corporate executives must do to succeed in using a strategy of unrelated diversification to produce companywide financial results above and beyond what the businesses could generate operating as stand-alone entities? Relative market share is: A. Indicates which businesses are cash hogs and which are cash cows C. Businesses with high industry attractiveness ratings should be given top priority and those with low industry attractiveness ratings should be given low priority. Check all that apply. Selling the business unit to another player in the industry that has a better competitive position is not a strange idea at all.
Which of the following are true of the nine-cell attractiveness-strength matrix? The potential for improving the stability of the company's financial performance D. Total score is the sum of all weighted scores for each business unit. What makes related diversification an attractive strategy? The solutions to the above question can be: a In case of excess cash generated by business units, companies should take them like business units that come under the area of cash cows in the BCG matrix. Still, few factors would have to be examined thoroughly, like entry barriers and technological development. Other competitively valuable resources and capabilities 6.
The Nine Cell Industry Attractiveness Competitive Strength Matrix
That its business units are all fairly weak market contenders in their respective industries B. The value of determining the relative competitive strength of each business a company has diversified into is to have a quantitative basis for: A. A company can best accomplish diversification into new industries by: A. This is just a sample partial case solution. A maker of bedroom furniture buying a maker of patio furniture. In the absence of this, the possibility may arise to liquidate these.
Facilitates in extracting information related to the strengths and weaknesses of a business unit and to use strategies for improving the performance of business units. So where Industry Attractiveness is about the level of competition in the entire industry, Competitive Strength is about the future ability to compete of one single company within that specific industry. A broadly diversified enterprise B. The futher below 1, the weaker the market position. Focus on acquiring businesses that offer the best opportunities for achieving global market leadership thereby satisfying the industry attractiveness and competitive strength tests d. Areas of vulnerability need to be managed. Business units with good-to-excellent past performance as concerns sales growth, profit growth, contribution to company earnings, return on capital invested in the business, and cash flow from operations should be given top priority and businesses with weak or inconsistent past performance should be given low priority.
The nine cell industry attractiveness competitive strength matrix A is useful
A "cash hog" type of business a. Companies should invest into the business units that fall into these boxes as they promise the highest returns in the future. Which of the following actions should a company consider according to the nine-cell attractiveness-strength matrix? They divest the business units by selling it to an interested buyer for a reasonable price. Evaluating the growth and profitability prospects for each business and then investing aggressively in the most promising businesses with the best prospects, investing cautiously in businesses with just average prospects, and divesting businesses with unacceptable prospects Diversifying into related businesses where competitively valuable strategic fit benefits can be captured and turned into a competitive advantage over undiversified competitors and competitors whose own diversification efforts don't offer equivalent strategic-fit benefits: a. The company has the opportunity to invest in building new theme for their parks in order to satisfy the increase in theme park attendance, guest spending, and hotel occupancy. With an unrelated diversification strategy, the types of companies that make particularly attractive acquisition targets are: A. At least, it was hard until the BCG matrix and its improved version GE-McKinsey matrix came to help.
The nine cell industry attractiveness competitive strength matrix a is useful
To take advantage of cross-business value chain relationships and strategic fit and turn them into a competitive advantage requires that companies determine whether there are opportunities to strengthen the business, which includes such tasks as all of the following, EXCEPT: A. The chief purpose of calculating quantitative industry attractiveness scores for each industry a company has diversified into is to: A. There are three alternates of investment strategies i. The process is the same as in the case of industry attractiveness except the evaluation is based on competitive strength this time. When a company has a powerful and well-known brand name that can be transferred to the products of other businesses and thereby used as a lever for driving up the sales and profits of such businesses b. The resort and parks business units have the high industry attractiveness and strong competitive position business strength as compared to the other business units of the company.
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A company has good financial resource fit if Multiple select question. Below is the expectation w. Require a broader range of competencies and know-how than a firm possesses or can develop quickly. The debt ratios which includes debt ratio and debt to equity ratio also shows increase as compared to the year 2010. What does a competitive strength score above 5 out of a 10-point scale tell us about a diversified company's position in the market? Choosing the appropriate value chain for each business the company has entered C.
Different analysts use different weights for the different attractiveness measures C. The total weight should come in equals to 1. Prioritize investments This is the last step in the process that includes making decisions about where and how the investment of the cash to be made. The following table shows how industry attractiveness and business unit competitive strength will change in 2 years. A producer of toothpaste acquiring a maker of shampoos and hair care products.