Solved Questions

What is strategic management? Describe strategic management’s importance to today’s organizations.

Mary Lou Quinlan spent 20 years climbing the ladder in the field of advertising. Finally she became CEO of N.W. Ayer, a successful advertising company. She achieved "success" but she was not happy. She then decided to become an entrepreneur. That decision was made after completing the following steps: I got a piece of paper and divided it in half. ...

The concept of right livelihood is based on conscious choice, placing money in a secondary position, and work as a vehicle for personal growth. Take time to reflect on the past six months and evaluate if right livelihood principles have guided you in your decision-making. If so, discuss the influence of the concept, and if not, evaluate its importa...

A SANER WORKPLACE Companies everywhere are starting to retool. "The one-size-fits-all workplace doesn't work," says the Alfred P. Sloan Foundation's Kathleen Christensen. "The idea that you will work full-time year in and year out, that you will be on a career trajectory that is a straight line, is vanishing. Employees increasingly feel more entitl...

At the end of the Women in the Economy conference, members agreed that progress for women starts at the top: "Hold senior managers accountable by tying promotion and compensation to meeting diversity goals and requiring regular reports to the board of directors." Is this practice realistic? Explain your answer.