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Ellah Mae N.

Asperga
BSA- IV

Activity 1

The Most Admired Companies

Instructions: Read the article and evaluate the strategies used by the most admired companies. Browse
the internet for more information on these companies. The instructor can have a detailed discussion on
the strategies. Read the latest on the most admired companies. Changes in positions or changes in
standing of these companies can spark a debate in the class.

Top 10 Most Admired Companies in the Philippines


The Wall Street Journal Asia has released the result of their 2008 survey “Asia’s 200 Most Admired
Companies” from 2,477 executives and professionals as respondents.

Here is the list of Top 10 Most Admired Companies in the Philippines this year:
1. Ayala Land Inc.
2. Jollibee Foods Corp.
3. Ayala Corp.
4. Globe Telecom
5. San Miguel Corp.
6. Bank of the Philippine Islands
7. ABS-CBN Broadcasting Corp.
8. Philippine Long Distance Telephone Co.
9. SM Prime Holdings
10. Banco de Oro Uni bank

Activity 2

Boston Consulting Group and GE Matrix

1. What is the difference between BCG and GE?

BCG and GE matrix both are used for strategic management of the business. The difference
between both the matrices can only be understandable if key of them are known. BCG
framework compromises of four cells whereas GE framework comprises of nine cells. The
specialty unit is appraised against relative piece of the pie and industry development rate in
former matrix however the business unit is appraised against business quality and industry
allure in later. In BCG matrix, the framework utilized numerous measures to survey business
quality and industry appeal. The lattice utilizes two sorts of arrangement i.e. high and low in BCG
grid and the framework utilizes three sorts of order i.e. high/medium/low and solid/normal/frail
in GE grid.

2. What are the characteristics of each component of the GE matrix?

 Market attractiveness
 Business/competitive strength
 Measuring market attractiveness and business strength
 Plotting
 Grow
 Selectivity
 Harvest

3. Differentiate cash cow, star, dog and question mark.

Cash cows deliver significant benefits for their organizations since they require speculation to
keep up their high share of the market.

Stars. items that are appreciate a high relative position as far as the piece of the overall
industry in a developing business sector are alluded to as stars. They require huge ventures to
keep up the piece of overall industry, however regularly deliver enough income to cover their
costs.

Dog. low piece of the pie items that show low development are alluded to as dogs. Supervisors
ought to minimize the quantities of the dogs in the item portfolio.

Question mark. The upsetting quadrant on the BCG network is loaded with items in high
development showcases that control generally feeble positions inside their business sectors.

4. Relate the BCG with the product life cycle.

The flat hub of the BCG framework speaks to piece of the overall industry and the vertical hub
demonstrated foreseen showcase development. The corporate business is separated into four
classifications they are cash cows, stars, question marks, and dogs. The product life cycle is
another item advances through a grouping of stages from introduction to growth, maturity and
decline. The four classes of corporate business relate to the four phases of PLC.

 Question mark relate to the introduction stage


 Stars relate to the growth phase of the item life cycle
 Cash cows relate to the maturity phase of the item life cycle
 Dogs in this class don’t create shopper much money.

Activity 3

National Book Store’s Socorro Ramos


1. What virtues did Nanay Coring show as an entrepreneur?

She shows entrepreneurial spirit with courage, determination and hard work. She gambles and
greatly believes in herself, that no matter what, nothing is impossible if you do try.

2. Trace the rags to riches story of Socorro Ramos.

Her story is truly an inspiring one as she built the business national bookstore from scratch with
a lot of challenges and hurdles as she and her husband Jose Ramos literally built and rebuilt the
business three times from scratch.
Way back then, her parents had a store, selling a lot of stuffs from slippers to clothes, while her
grandmother usually had market stall. Her grandmother usually had withdrawn their products
by credits. Due to her grandmother mismanagement, their business fail. After that event, they
went to manila and she did summer jobs, to earn money. After she graduated in Arellano high
school, she worked as a sales girl in goodwill bookstore, owned by the family owned by the
family of Jose Ramos, now her present husband. Socorro said, it wasn’t easy for them to start a
business from a scratch. First, during Japanese occupation, they hadn’t sold books for a reason.
Second, when Japanese where driven away by the Americans, their store was damage in the
war. WWII, they decided to relocate their store from Escolta to Avenida. The business was quite
doing well, but unfortunately, the strong typhoon blew the roofs of their store; left soaked
books and stuffs which were worthless. Again, for the third time, they had to start from zero.
But because of her entrepreneurship spirit with courage and determination, they overcome all
those barriers. And now, place as the number spot; the biggest bookstore of our country.
Socorro Ramos also known as Nanay Coring one of the wealthiest businesswoman in the
Philippines.

Activity 4

Business Excellence Model

1. What is the general concept of business excellence?

Business Excellence as described by the European Foundation for Quality Management (EFQM),
refers to; outstanding practices in managing the organization and achieving results, all based on
a set of eight fundamental concepts these being, results orientation, customer focus; leadership
and constancy of purpose; management by process and facts; people development and
involvement; continuous learning, innovation and improvement; partnership development; and
public responsibility. In general, business excellence models have been developed by national
bodies as a basis for award programs.

2. Compare the fundamental concepts of each business excellence model.

Several business excellence models exist worldwide. While variations exist, these models are all
remarkably similar. The most common include, Baldrige (MBNQA) used in over 25 countries
including U.S and NZ, this model consist of practices that are incorporated into six approach
categories plus a result category.
European Foundation for Quality Management (EFQM)- used throughout Europe, this model
consists of six process enablers and one results category.
Singapore Quality Award Model- Singapore,
Japan Quality Award model – japan.
Canadian Business Excellence Model- Canada and;
Australian Business Excellence Framework (ABEF)- Australia

3. What concept do all the business excellence model have? Why?

The models through the eight fundamental concepts serves as bases for national bodies of
different countries to award outstanding organizations. Aside from recognizing excellent
organizational performance the model serve as self-monitoring and assessment for many
organizations.

4. Analyze the general intentions of coming up the business excellence models and how they affect
organizational performance.

In general, business excellence models have been developed by the national bodies as a basis
for award programs. For most of these bodies, the awards themselves are secondary in
importance in the wide spread- take up of the concepts of business excellence, which ultimately
lead to improved national economic performance.

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