7s model

37 important questions on 7s model

Strategy: What is a strategy?

Plan devised to maintain and build competitive advantage over the competition.

Strategy: Give the characteristics of the BUS level strategy?

Long-term planning efforts
Affects the entire division
Made by divisional-level executives
Maybe affected by corporate-level strategy
Involve huge capital investment
May take years to get

Skills: Give an brand example by operational excellence?

Scotch and sode, hm
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Systems: Explain product development strategy?

Product development strategy identifies the portfolio of products that a company will develop and the functionality that they will have.

Systems: Explain the sales and marketing strategy?

The sales and marketing strategy segments the market and identifies the product structure and how it will be positioned, priced and promoted.

Marketing: What is the difference between integration by ownership and relational integration?

- (hard) integration is that you (as a company) are doing everything by yourself. 
- Relational integration is that you (as a company) outsource everything but you have totally control over it.
- Outsource: you do nothing by yourself > logistic

Marketing: What are two of the four dimensions of dependency?

- Revenue and profit: who is more important for the turnover
- Transaction specifics investment: which (company or people) is more important for a good relationship with other small companies
- Alternative exchange possibilites

Marketing: According to Coughlan et al. what is the first and most important reason for an intermediary to exist?

An important thing of an intermediary is that it is more efficient. They have more knowledge about the thing they need to to and they can make / have better connections with small companies. more efficient = less time > more cheaper

Staff/style/shared: What do we mean with the symbolic view of the management?

Symbolic view of the management means that the failure or stress is external. The managers have no control over it.

Staff/style/shared: What do we mean with the omnipotent view?

This is internal. The managers have control over the success or failure of the company

Staff/style/shared: explain the theory from hetzberg?

Motivation and hygiene.
Motivation: achievement, growth, work itself
Hygiene: salary, security, company policy

Systems&skills: mention some elements of a lean supply chain strategie?

- maximese performance at minimum product costs
- low cost modes of transport
- minimise inventory to lower cost

Systems&skills: mention some elements of a agile supply chain strategie?

- use postponement
- reduce lead times even if cost is involved
- responsive modes of transport

Systems and skills: What tells ROCE?

ROCE tells you how you are using the money of the sources of capital invesment

Systems: Explain the supply process?

Upstream activity
PUSH
Forecast driven

Systems: Explain the demand process?

Downstream activity
PULL
customer order driven

Systems: explain the different between lean and agile strategies?

Lean: efficient reaction to a stable market
Agile: speedy reaction to a dynamic/unpredictable market

Systems: where can you find the capital employed?

under: inventory, debtors or creditors on the balance sheet

Systems: what does the cijfer means by the inventory turnover?

They are able to sell their full stuck.. times that year, so in other words in the annual year they sold ... times their entire stock

Systems: explain the inventory turnover?

Inventory turnover details how much inventory is sold over a period of time. It compares the amount of product a company has on hand, called inventory, to the amount it actually sells. This comparison informs a business about how efficiently it is selling this product

Systems & skills: what are the methods for the strategic decision making?

- Flows (GMI)
- The 4 drivers
- Decoupling point position
- Lean and agile strategies

Marketing: Explain channel functions?

- inventory carrying
- selling (demand generation)
- physical distribution
- after-sales service
- credit

Marketing: give some examples of problems with hard integration or ownership?

- loss of efficiency
- channel conflict
- higher exit barriers
- high capital investments
- different managerial requirements
- burocracy - lack of motivation
- shift from core competency

Marketing: what are the alternatives to hard integration?

bilateral / relational integration
Sometimes its impossible to integrate vertically

Marketing: explain the different relationship typologies?

i. alliance: one-off collaborations that have impact on the brand
ii. Partnership / join forces: make adaptable contracts, invest in new possibilities > long-term
iv. transactional / exploit: MRO good, make clear contracts and invest in efficiency
iii. Co-operative automate: commodities, negotiate hard

Marketing: give examples of managing channel relationships?

- dependency
- power (sources)
- trust
- shadow of the future
- outcomes

Marketing: give examples of the dependency?

high mutual dependency
supplier dominance
buyer dominance
low mutual dependency

Marketing: What are the influence strategies?

- legal (contracts)
- rewards (promised and exercised)
- punishments (threats and exercised)
- reference (knowledge)
- identification (a-brand)

SWOT/TWOS: How the make a swot analysis?

Internal analysis: weakness & strengths
External analysis: opportunity & threats

SWOT/TWOS: what is the goal of a SWOT/TWOS?

identifies the issues or problems you intend to change in the analyzed company > CREATE AN ACTION PLAN

SWOT/TWOS: what are the difference between SWOT/TWOS?

by TOWS the threats and opportunities are examined first and weaknesses and strengths are examined last and by SWOT is this in the other way. TOWS is better to make an analysis

SWOT/TWOS: What is a swot?

Swot is a business strategic planning technique used to summarize the key components of your strategic environments

SWOT/TWOS: Give some internal factors?

human resources
physical resources
financial
activities and processes
past experiences

SWOT/TWOS: give some external factors?

future trends
the economy
funding sources
demographics
legislation
local, national or international events

SWOT/TWOS: what are the most common mistake in SWOT?

failure to understand what an opportunity is

SWOT/TWOS: what are strengths and weaknesses?

they are considered internal factors meaning that the business has control over them

SWOT/TWOS: what are opportunities and threats?

they are considered external factors meaning that the company has no control over them. it is the companys task to respond appropriately

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