Essays on Strategy

Introduction In 1946, Tokyo Tsushin Kogyo K.K. Tokyo Telecommunications Engineering Corporation, the predecessor of Sony started as a small company with capital of just 190,000 yen and approximately 20 employees (Sony, 2018). In 1958, the company name change to Sony Corporation. SONY Corporation is a…

The Sony Corporation is a conglomerate founded in 1946 as the Tokyo Telecommunications Engineering Corporation in Japan. It has since evolved into Sony, a company that produces electronics and entertainment content. Sony’s four main operating segments include Electronics, Sony Financial Services, Sony Music Entertainment, and…

A strategic group map of the craft beer industry would be extremely interesting to evaluate. I would notice two main strategic groups – a cluster of smaller craft beer brewers grouped together in the lower area of the map – these brewers are the small…

According to Northouse a transformational leader is an inspirational leader that motivates and cultivates personal growth of followers through fostering confidence, competence and moral values (as cited in Whitehead, Dittman, & McNulty, 2017). Indeed, in the world of nursing this is an important factor as…

The prices for prescription medications must be regulated and there should be a cap on how high they can be marked up. Americans without health insurance cannot afford the medications they are prescribed; some people do not take their medications as prescribed instead taking them…

John D. Rockefeller is by far the world’s richest man to have ever lived. He has monopolized the oil empire in the 19th century, making it both far more accessible and affordable. This may sound strange, because when you think about the world’s wealthiest people…

Opening a second location near or on WKU’s campus would help much. Although some business owners might fear the uncertainties of opening a branch in a new location, but the benefits can significantly exceed the dangers. Newness is a powerful asset. It allows your business…

Based on the reading, it appears Tommy Takem intentionally, and unnecessarily, raised his prices beyond what they should have been. This sounds like an example of price gouging. Price gouging takes place when “sellers of a certain necessary good sharply raise their prices beyond the…

In today’s economy, an increasing number of businesses are establishing international operations. According to a survey conducted by USForex, up to 58% of startups already have international customers, while as much as 96% feel strongly about conducting business abroad. The historical notion of starting a…

Do you ever wonder who were the masterminds that created America? Apart from a political point of view, who built the jobs, the factories, the life long businesses, the economy, the stock market, etc. Better yet do you ever wonder how they got there? The…