What are the three sources of a government’s legitimacy?                        The three main sources of government legitimacy, which is the idea that solidifies what is correct in government, are tradition, charisma, and legality.  Tradition as a form of governmental legitimacy gains …

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Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible? Controls must be there, no matter what type of firm it is, Google is all about creativity but it has limits set …

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Understanding of National Cultures Why is an understanding of national cultures important in strategic management?  Strategic management is the planning process through which company leaders formulate strategies in order to accomplish the mission and objectives of a company.  (Kokemuller, N.). …

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When should someone from outside a company be hired to manage the company or one of its business units? Hiring from outside a company can be threatening to current employees.  However, when an organization has exhausted all ideas of current …

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How should a corporation attempt to achieve synergy among functions and business units?   We believe that synergy can provide a big boost to the bottom line of most large companies. The challenge is to separate the real opportunities from …

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Discuss in detail why penetrating pricing is more likely than skim pricing to raise a company’s or a business unit’s operating profit in the long run?  Skimming Pricing is the strategy of establishing a high initial price for a product …

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How might a firm’s management decide whether it should continue to invest in current known technology or in new, but untested technology? What factors might encourage or discourage such a shift? The management may want to see if they current …

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