Question

Answers with details please!

1- what is power and use of power ?

2- difference between tactics and strategy and who take strategic decisions with example?

3- what is Intel cooperation strategy to make profit?

4- 5 porter of Intel cooperation?

Answer 1

1. What is power and use of power ?

Power is a universal constant: it is needed to run the most trivial functions of an organization or project. Thus, power is a prerequisite for success irrespective of people’s inner needs for power. While organizational power can keep an organization in check and even spur it to growth and fame, it is equally effective in destroying the organization as well.

Organizational power is consequently seen as a management resource, much like information and technical expertise, which are management resources in their own right. The judicious use and design of organizational power is thus significant.

2- Difference between tactics and strategy and who take strategic decisions with example?

Tactics are much more concrete and are often oriented toward smaller steps and a shorter time frame along the way. They involve best practices, specific plans, resources, etc. They’re also called “initiatives.” It has a finite timeline during which specific activities will be completed and their impacts measured.

Strategy defines once long-term goals and how they planning to achieve them. A solid strategy reflects the core values of the organization. Your strategic team should gather input from across the organization to ensure there’s alignment between the strategy and each department’s priorities. All strategies should be actionable.

Strategic decisions redistribute & arranges a major portion of a firm’s resources to be more competitive.

Example : For a pizza company introducing 30-minute delivery, they had to rethink their production processes and invest in faster cooking methods in order to achieve that goal.

3- what is Intel corporation strategy to make profit?

Intel strategy to make profit is to become a Data-centric company from a PC-centric company.

Intel set a plan and strategy to transform itself from a PC-centric to a data-centric company. By 2018 this objective was almost accomplished at least from a profit standpoint.

The company generated around 37 billion dollars from PC-centric products. While it made nearly $34 billion from data-centric products. While Intel is successfully transitioning its transformation to become a data-centric company, from a purely financial standpoint, the company is highly profitable. With over $70 billion revenues in 2018 and over $21 billion in net income in 2018.

4- 5 porter of Intel corporation?

1. Competitive rivalry or competition (moderate force)
2. Bargaining power of buyers or customers (weak force)
3. Bargaining power of suppliers (weak force)
4. Threat of substitutes or substitution (weak force)
5. Threat of new entrants or new entry (moderate force)