Strategic Management Essay Example | Topics and Well Written Essays - 750 words

Strategic Management - Essay Example This innovative and stylistic format has brought widespread attention from companies such as Apple, as well as consumers who are attuned to quality. The consideration of Apple’s implementation of the bags is significant on a number of grounds. Apple’s approach to technological development places high emphasis on branding as well as quality. Their decision to implement FREITAG bags is then contingent on the quality and branding elements, specifically the artistic and stylistic forms these products are able to achieve. Conversely, there are resources that the firm believes are strategic, but in reality are not. FREITAG is an organization that implements sustainable resources as a means of creating their bags. The case study notes, â€Å"Every FREITAG bag is composed of used materials only: old truck tarpaulins, used seat belts for the straps and bicycle inner tubes to keep the edges from fraying, a specification that places it at the more imposing end of the spectrum of sustainable design† (FREITAG). It is clear that the organization believes that the implementation of these supplies is strategic, as it not only is socially responsible, but also makes positive contributions to its image. While such a notion makes sense, in reality it appears that it is not the sustainability aspect that has given the bags their cache, but instead the quality and inventiveness of production; this is evidenced in Apple’s use of the bags, a company that is notoriously concerned with quality. Again, while Apple places considerable emphasis on quality and stylistic product form, they are willing to sacrifice social responsibility – one considers their involvement in the Chinese sweatshop scandal – to achieve these aims. Such a recognition demonstrates it is not this sustainability that is highlighted in the FREITAG bags, but instead their greatest resource is the stylistic quality they are able to achieve. 2. There are many ways that a firmâ⠂¬â„¢s culture and belief system affects its ability to compete. One of the most prominent examples occurs in terms of Google, Inc. In understanding how a firm’s culture and belief system affects its competitive ability one considers institutional theory. Institutional perspectives on organizational culture argue that the organizational culture that is established within an institution impacts all incoming employees. In these regards, as individuals enter the culture they may initially resist the overarching institutional belief system, but ultimately tend towards the overriding paradigm (Clement 2005). It follows that organizations which implement the most successful organizational culture will in-turn have a workforce that directly contribute to organizational success. One recognizes that the challenge then becomes what is the most successful organizational culture to implement. Adams, Hill, & Roberts (2011) consider that the success of organizational culture is oftentimes contingent on uniting the workforce under the auspices of a goal that goes beyond mere financial concerns, but also involves their sense of meaning. Within Google, Inc. it is clear that the organization has gone beyond mere profit considerations. The organization has implemented the popular slogan ‘Don’t Be Evil’. This demonstrates that Google has shown great concern for product development that does not implement shady means. In addition to uniting the workf

ABC accounting versus Traditional Accounting Research Paper

ABC accounting versus Traditional Accounting - Research Paper Example Usually, an organization will fund a particular activity, which helps in monitoring the use of other resources, and assess the outcome. Companies that adopt this technique are able to estimate a particular cost-element of the whole batch of products, services and activities. This way, the company finds it easier to make a decision on the identifying products or services, which are less important. Additionally, any service that tends to overpriced is normally reduced to the right pricing. Further, a company can do away with any processing of goods if the process used proves to be unprofitable. In short, the ABC method helps a company in the assigning cost of resources in the activities to help in delivery of products to its clients (Brown & Tower, 2010). As a result, companies are able to decide on the pricing of goods, their identification, outsourcing as well improve non-effective processes. History Whereas George Staubus is the man that ABC is based on, this concept was first initiated in the US in the 70s. In the late 80s, Robert Kaplan and robin Cooper popularized the term when they both compared the traditional method of accounting with the ABC. In their conclusion, they felt that ABC was more effective than the traditional one. Moreover, it was established that ABC is able to locate the exact cost that a company will spend and not just the main expense.