Read the case posted called “Nucor” and answer the following questions keeping in mind the word count and quality of the response.
Question 1 [75 Marks]
Please read and analyze the case of Nucor. Nucor has adopted and implemented a package of MCS elements to help achieve its strategic objectives. Many factors/aspects/elements of MCS have contributed to Nucor’s success, as outlined in the case study.
2.1 How exactly did Nucor’s MCS help the company succeed? (55 marks) [WORD LIMIT: 1,000 Words]
2.2 Upon your analyses and critical evaluations, what are the potential weaknesses of Nucor’s MCS and internal governance/control? (20 marks) [WORD LIMIT: 400 Words]
Question 2 [25 Marks]
Please read the case of Nucor. We discussed extensively in multiple classes that once a company becomes so successful, other companies may want to replicate its strategy and MCS. It seems natural to find out that existing and potential competitors of Nucor’s wanted to imitate Nucor’s MCS, hoping to succeed as well.
Competitors have not been able to imitate Nucor’s MCS and performance so far. Upon your analyses and critical evaluations, what factors may have prevented competitors from imitating Nucor’s MCS and performance? (25 marks) [WORD LIMIT: 500 Words]
