Bus 411 Day 14 Copyright 2005 Prentice Hall 1. Ch 1 -2 Agenda Question? Assignment 4 corrected 1 A, 4 B’s, 2 C’s, 1 D and 1 F Assignment 5 posted

Bus 411

Day 14

Copyright 2005 Prentice Hall 1

Copyright 2005 Prentice Hall Ch 1 -2

Agenda Question? Assignment 4 corrected

1 A, 4 B’s, 2 C’s, 1 D and 1 F

Assignment 5 posted EBIT analysis, Projected financials Due March 19 BUS 411 Assignment 5.pdf

Mid-term exam will be take home Chapters 1 – 11 20 short essays @ 5 points each Available March 19, Due March 22 (no class that day)

Discussion on Business Ethics/ Social Responsibility/ Environmental Sustainability

® 2007, Tony Gauvin, UMFK3

Dogs

IVCash Cows

III

Question Marks

IStars

II

High1.0

Medium.50

Low0.0

High+20

Low-20

Medium0

Segments Revenue Profit Growth Rate Relative Market ShareDomestic 54% 52% 17 0.3International 46% 48% 5 0.2

Domestic

International

Apple BCG Matrix

® 2007, Tony Gauvin, UMFK4

Apple QSPM

Key External Factors Weight

Produce Wintelcompatible products

Expand production into Asia

Opportunities TAS AS TAS

Increase in worms and virus on PCs. 0.15 1.00 0.15 3.00 0.45

Large population (Gen X & Y) which are extremely individualistic and name brand conscious.

0.15 1.00 0.15 4.00 0.60

Government crackdown on pirating music off the Internet. 0.05 1.00 0.05 4.00 0.20

Much of the world is still without computers. 0.10 1.00 0.10 4.00 0.40

People enjoy small electronic gadgets. 0.10 --- --- --- ---

Threats

Companies not seeing Apple as compatible with their software. 0.10 4.00 0.40 2.00 0.20

Dell and HP are major competitors. 0.10 1.00 0.10 3.00 0.30

Increasing competition with music downloads. 0.05 --- --- --- ---

Competition produces similar products at often half the price. 0.10 --- --- --- ---

The population at large unwilling to use Macintosh. 0.10

SUBTOTAL 1.00 0.95 2.15

SUM TOTAL ATTRACTIVENESS SCORE 2.83 3.88

Schedule Change March 12 Chap 10 March 15 Chap 11 March 19. How to prepare and present a case

study, Group Assignment, Case assignments, Mid term available

March 22, Mid-term due (No class) Back on Schedule after Spring break First Student Case Presentation on Apr 5

Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall

Ch 2 -5

Groups and Cases

Two groups – Males vs females Tony does two cases (1st & Each group does 4 cases

Case 1 & 2 10 days prep Case 3 & 4 7 days prep


Ch 2 -6

Case Schedule

Apr 2 Family Dollar -Tony

Apr 5 Whole Foods

Apr 9 Macy’s

Apr 12 Wal-Mart - Tony

Apr 16 Johnson & Johnson

Apr 19 Avon Products

Apr 23 Molson Coors

Apr 26 PepsiCo

Apr 30 Student’s Choice

May 3 Student’s’ Choice


Ch 10 -7


Ch 10 -8

Chapter 10Business Ethics/ Social Responsibility/ Environmental Sustainability

Strategic Management: Concepts & Cases

13th Edition

Fred David


Ch 10 -9


Ch 10 -10

Business Ethics

Social Responsibility

Environmental Sustainability


Ch 10 -11

Business Ethics

Principles of conduct within organizations that guide decision making and behavior


Ch 10 -12

Business Ethics

Code of Business Ethics A document that provides behavioral

guidelines that cover daily activities and decisions within the organization


Ch 10 -13

Ethics Culture

Ethics training should include: A message from the CEO Development and discussion of codes

of ethics Procedures for discussing and

reporting unethical behavior


Ch 10 -14

Ethics Culture

To align ethical and strategic decision making: Incorporate ethical considerations into long-

term planning Incorporate ethical considerations into

performance appraisals Encourage whistle-blowing Monitor department and corporate

performance regarding ethical issues


Ch 10 -15

Bribes

A gift bestowed to influence a recipient’s conduct

Illegal in many countries, acceptable in others


Ch 10 -16

Business Ethics




Ch 10 -17


Actions an organization takes beyond what is legally required to protect or enhance the well-being of living things

http://money.cnn.com/magazines/fortune/mostadmired/2010/best_worst/best4.html


Ch 10 -18

Social Policy

Concerns what responsibilities the firm has to its employees, consumers, environmentalists, minorities, communities, shareholders, and other groups

Should be considered during each stage of strategy formulation, implementation, and evaluation


Ch 10 -19

Social Policies on Retirement

Worker shortages in countries around the world are leading to changes in retirement and immigration policies


Ch 10 -20

Business Ethics




Ch 10 -21


The extent that an organization’s operations and actions protect, mend, and preserve rather than harm or destroy the natural environment


Ch 10 -22


Strategies of companies are scrutinized and evaluated from a natural environment perspective

Employees, consumers, governments, and society are resentful of firms that harm rather than protect the natural environment


Ch 10 -23

Sustainability Report

Reveals how a firm’s operation impact the natural environment

These reports are not required, but are a good business practice

http://www.aboutmcdonalds.com/mcd/sustainability.html


Ch 10 -24

Lack of Standards Changing

Making a claim that a product or process is “green” is becoming more difficult as standards are put into place

Leed http://www.usgbc.org/DisplayPage.aspx?CategoryID=19

NSF list of Standards http://www.nsf.org/business/sustainability_products/existing_certprograms.asp?program=SustainabilityPro


Ch 10 -25

Obama Regulations

New “clean technology” business start ups Solar Wind Biofuels Insulation


Ch 10 -26

Managing Environmental Affairs in the Firm Managers must formulate strategies that preserve

and conserve natural resources and control pollution Environmental strategies could include

Developing or acquiring green businesses Divesting or altering environment-damaging

businesses Striving to become a low-cost producer through waste

minimization and energy conservation Closed Loop manufacturing Pursuing a differentiation strategy through green

product features


Ch 10 -27

Students and Environmental Training

Companies prefer to hire graduates with training in environmental issues


Ch 10 -28

Reasons Why Firms Should “Be Green” Consumer demand Public opinion Environmental advocacy groups Federal and state environmental regulations Lenders Consumers, suppliers, distributors, and

investors Liability suits and fines


Ch 10 -29

Be Proactive, Not Reactive

Proactive – do more than the bare minimum

Reactive – changing only when forced to by the law or consumer pressure


Ch 10 -30

ISO 14000/14001 Certification

International Organization for Standardization (ISO)

A network of standards institutes of 147 countries

Largest developer of sustainability standards in the world

Compliance is voluntary http://www.iso.org/iso/iso_14000_essentials


Ch 10 -31

ISO 14000/14001 Certification

ISO 14000 - a series of voluntary standards in the environmental field

ISO 14001 – a set of standards included within ISO 14000 Adopted by thousands of firms worldwide to

certify that they are conducting business in an environmentally friendly manner

Results in an environmental management system (EMS)


Ch 10 -32

Electric Car Networks

Government funding for manufacturing Recharging stations being installed in many cities Extensive research and development within the auto

industry Companies are replacing gasoline powered vehicles with

hybrid electric-natural gas vehicles How is the electricity being produced?

http://www.eia.gov/electricity/annual/


Ch 10 -33


Ch 10 -34

March 2009 Copenhagen Meeting

Scientists warned that global warming is worse than expected

Companies and governments encouraged to vigorously implement strategies to cut greenhouse gases

Kyoto Protocal expires in 2012 Results of March 2009 Copenhagen Meeting

are expected to replace the Kyoto Protocal


Ch 10 -35

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic,

mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America.

Bus 411 Day 14 Copyright 2005 Prentice Hall 1. Ch 1 -2 Agenda Question? Assignment 4 corrected 1 A, 4 B’s, 2 C’s, 1 D and 1 F Assignment 5 posted

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