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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Chapter 8 Hw

Chapter 8 Hw

Q See attached chapter 8 outline -- download the file to your computer -- answer the 8 questions at the end of outline - Make the length of each answer TO EACH question between 100 to 200 words -- Don't attach your answers - paste them in a NEW thread Six discussion questions and TWO questions about case -- good luck -- edit your answers before submission 1. How should an organization design its structure and culture to obtain a core competence in manufacturing and in research and development?

Q 2. Pick an organization like a restaurant or a department store and analyze how it might pursue (a) a market penetration strategy, (b) a product development strategy, and (c) a market development strategy.3. What is the difference between a low-cost strategy and a differentiation strategy? How should a differentiated biotechnology organization and a low-cost fast-food organization design their structures and cultures to promote their respective competitive advantages?4. Compare the competitive advantages enjoyed by a large restaurant chain, such as Steak and Ale or Red Lobster, and the sources of competitive advantages enjoyed by a small, local restaurant.5. Why would an organization choose a corporate-level strategy to expand its value creation activities beyond its core domain? Discuss how an organization’s structure and culture might change as the organization begins to enter new domains.

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The stakeholders have to be satisfied as much as possible by every organization in manufacturing as well as in research and development. This is because there has to be some kind of value created by the organization to ensure that the interests of the stakeholders are sustained for future. Innovation has to be developed or obtained by improvising on some idea from some organizational member. Otherwise, there can be never be the development of a competitive advantage. Therefore, it is important not to let the competitors gain competitive advantage over an organization easily.