Iibms - General Management 5

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GENERAL MANAGEMENT

1. What are the barriers to entry into the pharmaceutical industry? To what extent do you think these entries barriers protect established pharmaceutical companies from new competitors?

2. The pharmaceutical industry has long been one of the most profitable in the United States. Why do you think this is the case?

3. What forces in the general environment influence the nature of competition in the task environment facing pharmaceutical firms?

1. How have lower development and tooling costs given Japanese auto manufacturers an advantage in the marketplace?

2. What steps are the Detroit automobile makers taking to reduce product development time and tooling costs? If they are successful, what are the implications of these initiatives for the number of car models they can sell and breakeven volumes for individual models? Will these initiatives benefit Detroit’s customers? How?

3. The Japanese producers have for years used many of the methodologies now being introduced in Detroit. Why do you think it has taken the Detroit automakers so long to respond to their foreign competitors?

1. What kind of control system does Lincoln Electric rely on to generate high employee productivity?

2. Can you think of any possible unintended consequences of an incentive pay system based on piecework? How does Lincoln guard against these unintended consequences?

3. Do Lincoln’s control systems match the strategy of the enterprise? How?

1. From a power perspective, what do you think explains the rise of Mike Sears to the CEO position at Boeing? What were the sources of his power?

2. Once he became CFO, what did Mike Sears do to consolidate his power base at Boeing? What sources of power was he trying to accumulate? What was he trying to do with this power

3. What do you...