tag:blogger.com,1999:blog-52995488317462299362024-02-06T20:32:43.115-08:00.: kawan baik orked puteh :.kawan baik orked puteh..1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-5299548831746229936.post-43439316269788855462013-12-07T21:49:00.003-08:002013-12-07T21:49:59.989-08:00Chapter 10<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Verdana, sans-serif;">Last week, we have learned about the new chapter which is chapter 10, Building an organization capable of good strategy execution; people, capabilities and structure.</span></div>
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<span style="font-family: Verdana, sans-serif;">Miss Ummi was explained the detail about the action of agenda for executing strategy. There are:</span></div>
<ol style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">Allocate sufficient resources to the strategy execution effort</span></li>
<li><span style="font-family: Verdana, sans-serif;">Establish a strategy-supportive organizational structure </span></li>
<li><span style="font-family: Verdana, sans-serif;">Staff the organization with the right people for executing the strategy</span></li>
<li><span style="font-family: Verdana, sans-serif;">Exercise strong leadership to proper strategy executive forward</span></li>
<li><span style="font-family: Verdana, sans-serif;">Tie rewards and incentives directly to the achievement of strategic and financial targets</span></li>
</ol>
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<span style="font-family: Verdana, sans-serif;">Miss Ummi also explained about the several approaches to build building and strengthening capabilities.</span></div>
<ul style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">developing capabilities internally</span></li>
<li><span style="font-family: Verdana, sans-serif;">acquiring capabilities through mergers and acquisition</span></li>
<li><span style="font-family: Verdana, sans-serif;">try to accessing capabilities through collaborative with partnership. </span></li>
</ul>
1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-18401041757140673602013-12-07T21:34:00.000-08:002013-12-07T21:34:00.338-08:00Chapter 8 and 9<div style="text-align: justify;">
<span style="font-family: Verdana,sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Verdana,sans-serif;">In that week</span>, <span style="font-family: Verdana, sans-serif;">miss Ummi informed that the corporate agency should diversify their strategy when:</span></div>
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<br /></div>
<ul style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">technologies and product complement it's present business</span></li>
<li><span style="font-family: Verdana, sans-serif;">resources and capabilities can be used as valueable competitive assets</span></li>
<li><span style="font-family: Verdana, sans-serif;">cost reduce b cross-business sharing or transfer of resources and capabilities</span></li>
<li><span style="font-family: Verdana, sans-serif;">transfer a strong brand name to the product of other business help to increse sales and profit </span></li>
</ul>
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<span style="font-family: Verdana, sans-serif;">The corporate agency also need to testing the strategy whether diversification add</span> <span style="font-family: Verdana, sans-serif;">value for shareholders.</span></div>
<ol style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">The attractiveness test = investment as good or better than presnt business?</span></li>
<li><span style="font-family: Verdana, sans-serif;">The cost of entry test = cost of overcoming entry barries so great as long as delay</span></li>
<li><span style="font-family: Verdana, sans-serif;">The better-off test= 1+1=3 synergy</span></li>
</ol>
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<span style="font-family: Verdana, sans-serif;">Synergy is 1+1=3. It is not 1+1=2. The advantages and disadvantages of synergy are:</span></div>
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<span style="font-family: Verdana, sans-serif;">Advantages (+)</span></div>
<ul style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">quick entry into an industry</span></li>
<li><span style="font-family: Verdana, sans-serif;">barries to entry avoided</span></li>
<li><span style="font-family: Verdana, sans-serif;">access to complementary resources and capabilities</span></li>
</ul>
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<span style="font-family: Verdana, sans-serif;">Disadvantages (-)</span></div>
<ul style="text-align: justify;">
<li><span style="font-family: Verdana, sans-serif;">pay a premium for a successful firm</span></li>
<li><span style="font-family: Verdana, sans-serif;">overestimating the acquisition's potential to deliver added shareholder value</span></li>
<li><span style="font-family: Verdana, sans-serif;">underestimating cost for integrating firm</span></li>
</ul>
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<div style="text-align: justify;">
<span style="font-family: Verdana, sans-serif;">And corporate venturing is process of developing new business as an outgrowth of a firm's established business operations. </span></div>
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<span style="font-family: Verdana, sans-serif;"> </span></div>
1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-33710995879081505292013-12-03T20:33:00.006-08:002013-12-03T20:33:49.320-08:00Oshima Food Japan sharing session<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikumw.b.t</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">On 12 November, Tuesday. The owner of Oshima Food Japan, Madam Asnidar Hanim Yusuf came to our class and we have the sharing session of her experiences in business field. She was listed the important things and highlighted that as the boarder to the up and down the business.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">Madam Asnidar said that businees is form of ibadah. People need your product/services and it is a kind of fardhu kifayah to correspond to people's need. Imagine your life if there is no barber shop, no nasi lemak stall, no baby nursery, maybe yo have to make your own apam balik when you want to eat it? Customer satisfaction is important, but customer's respect towards product/services provider is equally important.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">She also shared her common strategy to succeed in doing business:</span></div>
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<ul>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have your niche but understand needs</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have a good location </span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">increase brand awareness</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">retain current customer and increse new one</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">make a full use of social media, website or blog (tips: be genuine)</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">promotion, promotion and promotion. (coca-cola the best brand in the world never fail to advertise everyday)</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have a passion in your own business don't just copy</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not use your profit, take salary instead</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">your friends and families also pay, if they don't you do</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">learn</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not ask for money, "ikhlas for Allah" money will come</span></li>
</ul>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Here, madam Asnidar also explained about the common reason for business failure:</span></div>
<div>
<ul>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have no knowledge about business</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not intend to study about business</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not separate private private with business account</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have no sense of customer satisfaction</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">premises existenceare unknown</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have a little or no budget for promotion</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not take advantageous af social media, internet etc</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">have a little or no budget for HRD, training</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">do not have niche in theirproducts or services</span></li>
</ul>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">All and all, even they hard to get the halal certificate and did not get yet but they not give up in order to get it and keep searching for halal raw material and always motivate our self to move forward.</span></div>
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1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-54215700641003417442013-11-10T01:07:00.001-08:002013-11-10T01:07:58.283-08:00chapter 7: strategies for competing in international market<div style="text-align: justify;">
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<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">In generally, these topic explained about why companies decide to enter foreign markets:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<br /></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Firstly, the company want to gain access to new customers.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Secondly, the company want to achieve lowest cost through economies of scale, experience and increased purchasing power.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">The company also want to further exploit core competencies and to gain access to resources and capabilities located in foreign markets.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: 'Trebuchet MS', sans-serif;">Lastly, to spread business risk across a wider market base.</span></div>
1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-2172632395772155422013-11-09T23:50:00.003-08:002013-11-09T23:50:21.132-08:00chapter 6 : strengthening a company's competitive position : strategic moves, timing and scope of operations.<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">These chapter roughly explain about how can the company maximizing the power of strategy. They can use one of these alternative which are offensive or defensive competitive ways.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">There are the strategic offensive principles:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<br />
<ul>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">focus competitive advantages to sustain in industries</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">use the sources fully to compete with the rivals</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">use the strategy that the rivals can't expect it</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">use the opportunity to defense the company from threat </span><span style="font-family: 'Trebuchet MS', sans-serif;"> </span></li>
</ul>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Here, there are the best targets 4 offensive attacks:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div>
<ol>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">markets leaders that are invulnerable competitive positions</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">runner up firms with weaknesses in areas where the challenger is strong</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">small local and regional firms with limited capabilities</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">struggling enterprises on the verge of going under</span></li>
</ol>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">The new terms that I've l</span><span style="font-family: 'Trebuchet MS', sans-serif;">earn is a "Blue Ocean Strategy". Actually, blue ocean strategy is offers growth in revenues and profits by discovering or inventing new industry segments that create altogether new demand.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Horizontal scope is the range of product and service segment that a firm serves within its local market including merger and acquisition</span><span style="font-family: 'Trebuchet MS', sans-serif;">. </span></div>
<div style="text-align: justify;">
<span style="font-family: 'Trebuchet MS', sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: 'Trebuchet MS', sans-serif;">Benefit of increasing horizontal scope are:</span></div>
<div style="text-align: justify;">
<span style="font-family: 'Trebuchet MS', sans-serif;"><br /></span></div>
<div>
<ul>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">improving the efficiency of its operations</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">reducing the market rivalry</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">heightening its product differentiation</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">increasing the firm's bargaining power over suppliers and buyers</span></li>
<li style="text-align: justify;"><span style="font-family: Trebuchet MS, sans-serif;">enhancing its flexibility and dynamic capabilities</span></li>
</ul>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
</div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Outsourcing involves contracting out certain value chain activities to outside vendors.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"> </span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-4235402692238526332013-10-14T08:31:00.002-07:002013-10-14T08:31:20.119-07:00generic strategies<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">For the generic strategies, the strategies that I choose from the four categories of generic business strategies are broad differentiation strategies which is Nike.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBREWm0cqzME2IM5dvdHMomyVbMCyXxxSfuER03v-DkfWmPUgg05GJL1mcndLnf_NtPTmT3D5rt_sW-qD6snrlALMyTSeWN23cSQf8HWM1juHzD3vpzBKZ3oWSlHXG08icy0HYSxxyKxol/s1600/.a2.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBREWm0cqzME2IM5dvdHMomyVbMCyXxxSfuER03v-DkfWmPUgg05GJL1mcndLnf_NtPTmT3D5rt_sW-qD6snrlALMyTSeWN23cSQf8HWM1juHzD3vpzBKZ3oWSlHXG08icy0HYSxxyKxol/s1600/.a2.jpg" /></a></div>
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<span style="font-family: Trebuchet MS, sans-serif;">The broad differentiation strategies approaches that Nike company use is carefully study their buyer need and behaviors,values and willingness to pay for a unique product or service. The company of Nike also incorporate features that both appeal to buyers and create a sustainably distinctive product offering. They also use higher prices to recoup differentiation costs such as they provide their product with their suitable prices and quality. As we know the product that Nike provide is always make their customer satisfied with the Nike product. The advantages of differentiation of broad differentiation strategies are it command premium prices for the firm's products. It also increased the units sales due to attractive differentiation. The brand loyalty that bond buyers to the firm's product. </span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">We know that Nike brand only have at certain place which is they still sustain their brand and quality. They do not distribute Nike product into some shop. Their try to maintain their quality and price with put the product at the suitable place and together with other brand. </span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">Differentiation enhances profitability whenever a company's product can command a sufficiently higher price or produce sufficiently greater unit sales to more than cover the added costs of achieving the differentiation. The essence of a broad differentiation strategy is to offer unique product attributes that wide range of buyers find appealing and worth paying for.</span></div>
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1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-65757927055548061692013-10-08T06:54:00.003-07:002013-10-08T07:02:39.183-07:00chapter 5 the five generic competitive strategies<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t</span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">This week is week 5th for us and that means we have done our 5th lecture with miss ummi. is it so fast right? i thought that i have know her about yesterday but it over a month already. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjstzGXW053UZDiDN6uGMAAiVKg9aPjq7w2NRbZVS08UBl32vdyzNa22F1n4fCRjjRsloKm3OIvfoGeU49qwupgO3aFQjhfSTZrTii7tg_-e_FwVXtoNVB4M_BqzY58eMZ7LJ6elfaA9uOr/s1600/a..jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjstzGXW053UZDiDN6uGMAAiVKg9aPjq7w2NRbZVS08UBl32vdyzNa22F1n4fCRjjRsloKm3OIvfoGeU49qwupgO3aFQjhfSTZrTii7tg_-e_FwVXtoNVB4M_BqzY58eMZ7LJ6elfaA9uOr/s320/a..jpg" width="320" /></a></div>
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<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">today we have learned about the five generic competitive strategies. the five generic competitive strategies are:</span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">1- low cost provider</span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">2- broad differentiation</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">3- focused low cost</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">4- focused differentiation</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">5- best cost provider</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">:) a low cost advantage over rivals can translate into better profitability than rivals attain.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">:) a firm's cumulative costs across its overall value chain must be lower than the competitor cumulative costs.</span><br />
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<span style="font-family: Trebuchet MS, sans-serif;">miss ummi also explain what is cost drivers. here, i have stated about the cost drivers that miss ummi try to make it simple to understand:</span><br />
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<span style="font-family: Trebuchet MS, sans-serif;">-economies scale</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-learning and experience</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-capacity and utilization</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-supply chain and efficiencies</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-input costs</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-production technology and design</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-communication systems and information technology</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-bargaining power</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-outsourcing and vertical integration</span><br />
<span style="font-family: Trebuchet MS, sans-serif;">-incentive systems and culture</span><br />
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1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-45758488921638851062013-10-05T19:34:00.001-07:002013-10-08T06:57:22.994-07:00evaluating company's resources, capabilities and competitiveness<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t . For chapter 4, at the beginning of the lecture session miss Ummi was explained about the specific indicator of strategic success which are:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-growth in firm's sales and market share</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-acquisition and retention of customers</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-strengthening image and reputation with customers</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-increasing profit margins, net profits and ROI</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-growing financial strength and credit rating</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-leadership in factors relevant to market/industry success</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-continuing improvement in key measures of operating performance</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEuFqx6KsAMDOGF0UVSlqdFHjU4D7VrgQX-y9qoBTiM_ZN-2E5RdOmpCEsJWVjKt3e4Z_jMwP6np0Sfad6UeN1bnduPyGLviQ30yAaooxO1lyeidxPI9VDPPs7nyKMhp2axlnft6g98M0S/s1600/download.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiEuFqx6KsAMDOGF0UVSlqdFHjU4D7VrgQX-y9qoBTiM_ZN-2E5RdOmpCEsJWVjKt3e4Z_jMwP6np0Sfad6UeN1bnduPyGLviQ30yAaooxO1lyeidxPI9VDPPs7nyKMhp2axlnft6g98M0S/s320/download.jpg" width="320" /></a></div>
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<span style="font-family: Trebuchet MS, sans-serif;">miss Ummi also explained about what is resources and capability of company. A resources is a productive input or competitive asset that is owned or controlled by a firm. A capability of a firm to perform some activity proficiently for example superior skills in marketing. </span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">the example for tangible sourcess are:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-physical resources</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-financial resources</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-technological assets</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-organizational resources</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">for intangible resources are:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-human assets and intellectual capital</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-brands, company image, and reputational assets</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-relationships, alliances, joint ventures or partnerships</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">-company culture and incentive system</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">in that lecture, miss Ummi was exposed us with competitive advantages which is what are the things or specialty that we have and others not have it.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitn9_fRboyXJyVvPpu4T-acqqVUdGbMuaY2IwKt-uPGUUIuGhL8RQdrC5juN4UTNjfSAeR0kiucGeNhDi_XeS1Cqf5gKFwdfo1jx4z4LG-ISD824-6sWbeRd3uABDGT-vGpcK1Taq-Hf0a/s1600/images.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitn9_fRboyXJyVvPpu4T-acqqVUdGbMuaY2IwKt-uPGUUIuGhL8RQdrC5juN4UTNjfSAeR0kiucGeNhDi_XeS1Cqf5gKFwdfo1jx4z4LG-ISD824-6sWbeRd3uABDGT-vGpcK1Taq-Hf0a/s1600/images.jpg" /></a></div>
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<span style="font-family: Trebuchet MS, sans-serif;">benchmarking is a potent tool for improving a company's awn internal activities that is based on learning how other companies perform them and borrowing their "best practices".</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"> </span></div>
1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-61887764328507487262013-10-03T20:51:00.003-07:002013-10-05T19:35:30.066-07:00evaluating a company's external environment<div style="text-align: justify;">
<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">for our third lecture, we have learned about evaluating a company's external environment chapter. under this chapter, we are exposed about PESTEL prinsiples. these PESTEL are related with company's external environment. here, let me explain about PESTEL one by one.</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">p=polotical</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">E=economic</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">S=sosiocultural</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">T=technological</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">E=environmental</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">L=legal and regulatory</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgx3sH-eEKtOhPg5rOaSeoDbquthARY_zEl2ntfDMTLiU0-glk69KU-CL5T60Eiz-472VuoP5-t8ltmGy7WJ0FnioFUCpl4os8L5-Td4eE5YvXf20rMEXscYAEmU2YFNaEG1I9EE9DSf49L/s1600/business-schools-5-business-degrees_600x315.jpg" imageanchor="1" style="color: #6699cc; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="168" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgx3sH-eEKtOhPg5rOaSeoDbquthARY_zEl2ntfDMTLiU0-glk69KU-CL5T60Eiz-472VuoP5-t8ltmGy7WJ0FnioFUCpl4os8L5-Td4eE5YvXf20rMEXscYAEmU2YFNaEG1I9EE9DSf49L/s320/business-schools-5-business-degrees_600x315.jpg" style="border: none; position: relative;" width="320" /></a></div>
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<span style="font-family: 'Trebuchet MS', sans-serif;">these prinsiples are one of the effective prinsiples that company can use it for their business which always involve their rivals. here, we also exposed about 5 competitive force</span></div>
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<span style="font-family: 'Trebuchet MS', sans-serif;">1 rival</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">2 substitute</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">3 new entrance</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">4 buyer</span></div>
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<span style="background-color: white; color: #333333; font-family: 'Trebuchet MS', sans-serif; font-size: 15px; line-height: 20px;">5 supplier</span></div>
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<span style="font-family: 'Trebuchet MS', sans-serif;">these 5 things will make the company more be careful and alert what were they do to fulfill their customers satisfaction but in positive side, it will give the best services or product to their customers and improve to be better.</span></div>
</span>1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-84832165160809065002013-09-17T16:55:00.001-07:002013-09-17T16:55:11.339-07:00chapter 1 and 2<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">On 17th september 2013. I have my second lecture class with Miss Ummi. At the beginning the lecture, i felt that i can't remember that Miss Ummi face. I don't know why. Maybe it is for the second time I met her. hehe. After this, InshaAllah I can remember her face as well as she can remember her student name. hehe. Actually, I felt very surprise and I scared if she suddenly called my name. waaaaaaaa~ hehe. </span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">From the chapter 1 that I have learn yesterday, I got that in these chapter have many new terms that I need to know and understand the terms like intuition. Intuition is making some decision with their sixth sense. In that chapter, I have to understand about the strategies that they have to pass the 3 stage in order to fulfill the criteria to get the good strategies.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">1)strategy formulation</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">2)strategy implementation</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">3)strategy evaluation</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">I also know about competitive advantages which is anything that a firm does especially well compared to rival firms. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEicKOsfN_2vvwjGF_nQt1xbapUdKd1gzJy5xThSpOhj36jl0hA-gXgVcwfZVbH-MmLqEQT7WfntjL_nICk8TeVW-uxGbDidVHTVLTNyc41glEOCkZacfCm9ZJWfwHc1bXsx3AwKyYh13o9p/s1600/111.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEicKOsfN_2vvwjGF_nQt1xbapUdKd1gzJy5xThSpOhj36jl0hA-gXgVcwfZVbH-MmLqEQT7WfntjL_nICk8TeVW-uxGbDidVHTVLTNyc41glEOCkZacfCm9ZJWfwHc1bXsx3AwKyYh13o9p/s1600/111.jpg" /></a></div>
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<span style="font-family: Trebuchet MS, sans-serif;">For chapter 2, I have learn about mission and vision. As we know, all business need to have their own mission and vision to achieve their goal and target as well.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">Vision is what are we want to be in future. Mission is how to make vision become true or the way that we do to achieve the goal.</span></div>
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1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-47948219685501240652013-09-16T22:58:00.000-07:002013-09-17T16:56:17.195-07:00First lecture 10th september 2013<div style="text-align: justify;">
<span style="font-family: Trebuchet MS, sans-serif;">Assalamualaikum w.b.t</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">By last week, I have my first lecture for my strategic management subject. This subject was conducted by Miss Ummi Salwa. In that first class, we exposed about this subject and the things that related with it. Generally, it all about managing and put the strategies in organizations to achieve their goals.</span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6VtZgZZIdfQgbjsrVZNRQm9eCHb7BhJ7F4z0KLjdd5ftd698ekIr2CVEA1jSlGa_I960gZRCW4kDfEmD7bLPvAHeeeTkYKZiUKJ3toduDf4TNurzo4THQaTiVWbpL4IFW7Cq9E3M_x7kG/s1600/petronas-twin-tower.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="212" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6VtZgZZIdfQgbjsrVZNRQm9eCHb7BhJ7F4z0KLjdd5ftd698ekIr2CVEA1jSlGa_I960gZRCW4kDfEmD7bLPvAHeeeTkYKZiUKJ3toduDf4TNurzo4THQaTiVWbpL4IFW7Cq9E3M_x7kG/s320/petronas-twin-tower.jpg" width="320" /></a></div>
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<span style="font-family: Trebuchet MS, sans-serif;">For the first class, we requested to form some group and build the tallest building with newspaper that provided. At the end, my group can't build the stable and tallest building. I felt disappointed for the that happen. But I have learn some lesson from that particular activity.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">The lesson that I got:</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">1) before build or make something, we need to have the strategies to make the mission success.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">2) for the tasks, teamwork and have a good leader are very important things that can make something work progress.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">From that, I know that all the things that we want in the future, we have need strategies to make it succeed.</span></div>
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<span style="font-family: Trebuchet MS, sans-serif;">Emm, other than that activity, we also exposed about the course outline and the task that we need to do along this semester.</span></div>
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1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0tag:blogger.com,1999:blog-5299548831746229936.post-56404666860454747512013-09-14T04:07:00.004-07:002013-09-14T04:07:43.901-07:00me.<span style="font-family: Trebuchet MS, sans-serif;"><i>FATIN FARAHIN BINTI MOHD JOHAR</i></span><br />
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<i style="font-family: 'Trebuchet MS', sans-serif;">1112121</i><br />
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<span style="font-family: Trebuchet MS, sans-serif;"><i>MUAMALAT ADMINISTRATION, FACULTY ECONOMY AND MUAMALAT, USIM</i></span><br />
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<span style="font-family: Trebuchet MS, sans-serif;"><i>SEMESTER 5</i></span><br />
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<span style="font-family: Trebuchet MS, sans-serif;"><i>FROM PARIT RAJA, BATU PAHAT, JOHOR</i></span><br />
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<span style="font-family: Trebuchet MS, sans-serif;"><br /></span>1112121http://www.blogger.com/profile/14657059356680348301noreply@blogger.com0