Finncial Strategy

Financial Strategy

The strategy of Alpha Ltd. Was hybrid i.e., low cost high quality. Therefore financial strategy of Alpha Ltd. Was also based on the hybrid strategy. Due to hybrid strategy I have limited resources to generate cash. To make the company profitable the only way was producing and selling more and more cars. On putting this thing in mind we set up the selling price of ours cars as lower as possible. In this way the margin between the cost price and selling price became narrow. But we do not bother about this issue and set the price keeping in mind to sell maximum cars and capturing more and more market share.

Roles and Role Ambiguity

Researchers have a defined a role as a set of expectations applied to a person who holds a specific position that are determined by both the person or role incumbent and role senders both inside and outside the organization (Banton, 1965). Other researchers have described the role as a basic building block of a social system, and organizations as systems of roles (Katz & Kahn, 1978). With the roles that individuals play within organizations making up a critical component of their identity and ability to perform, one would think that it is important for the organization to assure that the roles are clearly defined.

Dougherty & Pritchard (1985) define role ambiguity as “uncertainty about the products to produce or their importance for the role and one’s evaluation”. other role researchers have similar views of role ambiguity and have defined it as the lack of clear information about job responsibilities and expectations, which are required by the role incumbent for adequate performance of a role (Kahn, Wolfe, Quinn, Snoek, & Rosenthal, 1964; Klenke-Hamel & Mathieu, 1990; Lyons, 1971). Peterson, et al. (1995) expand the definition of role ambiguity to include uncertainty about what actions to take to fulfill a role. The role ambiguity construct has been a much-studied component of role theory....