LAST ENTRY FroM ME {｡^◕‿◕^｡}

Assalamualaikum,,,good night all my readers ! For this week,,Miss Ummi explained about 2 chapters in 2 hours. But, before that, I want to apologize to Miss Ummi because I came late to your lecture. When I arrived, my friends already answered the test that was given by Miss Ummi...hmm... i'm sorry :(

But, never mind, I have already asked my member about the test. The test named Myers Brigss Type Indicator (MBTI). The test is about our identity and after answered the questions, we knew about our job identity that suitable for ourselves in future.

okay, back to our chapter that we have learnt for this week. We have learnt about chapter 10 which is about building an organization capable of good strategy execution. This chapter about why hiring, training and retaining the right people constitute a key component of the strategy execution process.

After that, we have learnt about chapter 11 which is about managerial internal operations. From this chapter, we can know how well-designed policies and procedures can facilitate good strategy execution. For this week, there is no face-to-face class with madam Huda and we have to participate in online forum.

For your information, this last entry from me because we have to submit this blog on 8th December. Hopefully, with making this blog, it can improve my learning and writing skills. I also hope this blog can give some benefits to my readers :) insyaAllah ! thank you for reading ❤ 

NO LECTURE,NO TUTORIAL :)

Assalamualaikum ! good morning readers ! I woke up early today to update my blog because my internet line very slow starting from 8.00 am until 2.00 am. So, I sleep after Isyak and woke up at early morning...yeahhhh ! I'm feel so fresh ! :D

This week we don't have lecture with Miss Ummi and tutorial class with Madam Huda but we have to participate a forum in GOALS.

In GOALS, Madam Huda posted a forum and we have to participate it :)

CORPORATE STRATEGY

Assalamualaikum ! for this week, I have learnt about chapter 8, corporate strategy ! I want to share with all of you what I have learnt in class. This week, we have discussed with Madam Huda a case study about piping hotdog.

As usually, I became hungry when I'm talking about food ! haha... In class, Madam Huda explained to us about this case study. Besides that, she also shared with us about her experiences when her friend was ate rat..her friend thought that it is fried chicken because in that time, they eating KFC...haha...so scared ! but, because of I love too much KFC,, after class we ate KFC...Alhamdulillah, no more scary ! haha...okay that's all from me..see you in next entry ! :D (◕^^◕)

O-SHIMA JAPANESE RESTAURANT {｡^◕‿◕^｡}

Assalamualaikum.. hye ! this week we had sharing session with the founder of the O-Shima Japanese Restaurant, Madam Asnidar Hanim Yusuf. haha...for your information, I'm fully focused during this session because of I really attracted with story from Madam Asnidar. It's motivated me how to improve ourselves when we in weak situation. For example, she said that she started her business with many branch and forced to close some of her business. At that time, she tried to get a little revenue from the closing of her business. So, she sold her furniture and equipment.

In addition, actually Madam Asnidar bachelor of engineering from a university in Japan. She also had master of engineering. But, because of she not interested in engineering field, and love japanese food, and at the same time, her husband also love it, so they decided to open the japanese food restaurant.

During this session, I also thought that she is really great person because of she tried to find how to make her shushi taste same with shushi from Japan without using non halal ingredients and to she tried to suit with Malaysian taste.

The important is, we must always positive whenever we facing in difficulty situation. Believe in Allah in whatever we do. InsyaAllah ! Allah always with us ! that's all from me. thank you for reading! :D

(◕^^◕) "it's not always bad to fail,the most important thing is how you bounce back after the failure".

EVALUATING A COMPANY'S RESOURCES, CAPABILITIES AND COMPETITIVENESS

Assalamualaikum ! hello my readers ! Today, I want to share about topic for this week. This chapter about evaluating a company's resources, capabilities and competitiveness. i'm so excited because I have learnt something new from this chapter ! :D

Before this, I just know about SWOT analysis,but after learnt about this chapter I knew also about TOWS matrix. haha...In TOWS matrix, we just merged between STRENGTHS AND OPPORTUNITIES, WEAKNESSES AND OPPORTUNITIES, STRENGTHS AND THREATS and WEAKNESSES AND THREATS.

In tutorial class, we have to make a group presentation about our restaurant. Our group decided to open Ayam Penyek restaurant. our restaurant located at Giant Nilai area. Seems like our restaurant almost same with Warisan Ayam Penyek Restaurant at giant right? but the specialty of our restaurant is we have special menu like budu, cencaluk, tempoyak, and etc. This is because our group comes from different state. Before that, we make a survey first to our rival business.

okay, that's all from me..thank you for reading ! ^^

EVALUATING A COMPANY'S EXTERNAL ENVIRONMENT

Assalamualaikum,,hye! how are you today?hope you always in shine light like a diamond ! ♥
It's 3 weeks already.Fuhhh ! I really scared when i'm sitting on the stairs side because I worry if Miss Ummi ask me. So far Alhamdulillah I will try my best every week to improve myself. Okay, let's start our topic for this week ! for your information, this week I had learnt about evaluating a company's external environment. Let's see the objectives first !

Okay, the strategically relevant factors in the macro-environment is the first step to understanding what the PESTEL analysis. Components that consists in PESTEL analysis are political factors, economic conditions, socioculture forces, technological factors, environmental factors and legal conditions.

Besides that, the five competitive forces are industry members facing is competition from rivals seller, competition from potential new entrants, competition from producers of substitute products, supplier bargaining power and customer bargaining power.

In the tutorial class, Madam Huda was tell us about her experience working with Airsia. Wow ! I want to be successful like her. She looked simple like other person, but I love to listen whatever she talked about because she always have ideas about the topic we discuss. For this week, 
we had discussed about case study that given in GOALS. Madam Huda show was show us about how to solve it. After that, she asked us to submit it to her by next week. Okay, this is our group work.

I think, that's all from me, InsyaAllah we will see in next entry. thank you for reading ! :D

UPDATING YOUR BLOG: GENERIC STRATEGIES

Assalamualaikum,, for this week, Miss Ummi asked us to update in our blog about generic strategies.

And the instructions are below :)

and as the results,

okay, that's all from me :) thank you !

STRATEGIES FOR COMPETING IN INTERNATIONAL MARKETS

Assalamualaikum ! may Allah bless you always ! :) okay don't too much play friends! it's 7th week lecture already... :D this week i have learnt about the chapter of strategies for competing in international markets. So, when we talk about international markets, of course we want to know about why companies decide to enter foreign markets? there are many reasons which is to gain access to new customers. Expanding into foreign markets offers potential for increased revenues, profits, and long-term growth and becomes an especially attractive option when a company encounters dwindling growth opportunities in its home market.

The second reasons is to achieve lower costs through economies of scale, experience, and increased purchasing power. Besides that, they want to further exploit its core competencies. The another reasons is to gain access to resources and capabilities located in foreign markets. in addition, they also want to spread its business risk across a wider market base. 

From this chapter also, I have learnt about why competing across national borders makes strategy-making more complex. This is because of different countries have different home-country advantages in different industries. Second, there are location-based advantages to conducting particular value chain activities in different parts of the world.Third, different government policies, tax rates, inflation rates, and other economic conditions. Fourth, companies face risk due to adverse shifts in currency exchange rates when operating in foreign markets. And the last but not least, differences in buyer tastes and preferences present a challenge for companies concerning customizing versus standardizing their products and services.

okay, in tutorial class, Madam Huda discussed about the previous case study that Miss Ummi upload in GOALS. she said that there have marks for those who participating in making SWOT and TOWS analysis in front of class. So many my members participated ! haha... 

THE NATURE OF STRATEGIC MANAGEMENT

Alhamdulillah..thank you Allah, i'm still alive and healthy today. Hope all of you in healthy too :D

Today I want to share with you about what i had learnt in chapter the nature of strategic management :)

but wait !! before that, I want highlight first the objectives for this chapter ! before I study, I always try to understanding first what I will learn. 

OBJECTIVES

strategic management means the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives.

THE STAGES OF STRATEGIC MANAGEMENT

In simple words, the benefit of strategic management has been to help organizations formulate better strategies through the use of a more systematic, logical, and rational approach to strategic choice. I think that's all from me. I'm sleepy now and I don't know what I talking about. haha...see u in next entry ! 

cheers ! :D

VISION AND MISSION

assalamualaikum. hye everyone ! I hope  you're feeling well and everything is fine. For this entry, I would like to share with you about vision and mission :) first of all, I would like to explain what the meanings of vision and mission. For your information, vision is an inspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future whereas mission means a written declaration of an organization's core purpose and focus that normally remains unchanged over time. So, I pretty sure that all of us have vision and mission. 

In tutorial class, Madam Huda asked us to write our vision and mission and submit it to her. In future, InsyaAllah I would like to be a lecturer, not just a lecturer only,but a successful lecturer ! wow ! I can feel it now because I like to dream,dream and dream. hehe.. okay that's all from me for this entry.see you in next entry :D