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MGT
450 Week 1 Discussion 1 | Assignment Help | Ashford University
Strategic Planning
Process
In your own words,
define strategic planning and explain why it is crucial to an organization’s
survival. In your response, include a description of how strategic planning
differs from strategic management. Lastly, explain how your current or previous
organization’s strategy might influence its business model. Respond to at least
two of your classmates’ posts. You must create one initial post and at least
two responses, for a minimum of three posts for this discussion.
MGT
450 Week 1 Discussion 2 | Assignment Help | Asjford University
Problems with Strategic
Planning
After reading the
article “UPS holiday season fiasco: a failure of strategic planning (Links to
an external site.)Links to an external site.,” describe where the problem was
with UPS’ and FedEx’s strategic planning. How did the fear of losing market
share affect their strategic planning? What are potential solutions? Respond to
at least two of your classmates’ posts.
MGT
450 Week 1 Quiz | Assignment Help | Ashford University
Question 1
What is the best reason
to acquire a company?
Question 2
Which of these is
typically not a measure of success for a corporation?
Question 3
Vision statements that
include a timeframe in which the vision might be achieved are more useful than
those that don’t.
Question 4
Which of the following
is a good reason to have a formal set of corporate values?
Question 5
Once formed, a company’s
culture is very hard to change.
Question 6
A company’s purpose is
its vision statement.
Question 7
Promoting from within
is not only less costly but helps retain managerial and leadership talent in
the company.
Question 8
A company’s publicly
stated underlying purpose has value because it:
Question 9
What is strategic
planning?
Question 10
A company’s strategy is
the same as its business model.
MGT
450 Week 1 Assignment Help | Ashford University
Evaluating Mission
Statements
The mission statement
describes the purpose of the organization (i.e., why the business exists). As
outlined in the Mission Statements article, here are some things to consider
when evaluating a mission statement:
· Is the mission statement focused on
satisfying customer needs rather than on the product?
· Does the mission statement tell who the
company’s customers are?
· Does the mission statement explain
what customer needs the company is trying to satisfy?
· Does the mission statement explain how
the company will serve its customers?
· Does the mission statement fit the
current market environment?
· Is the mission statement based on the
company’s core competencies?
· Is the mission statement motivating
and does it inspire employee commitment?
· Is the mission statement realistic?
· Is the mission statement specific,
short, sharply focused, and memorable?
· Is the mission statement clear and
easily understood?
· Does the mission statement say how the
company wants to be remembered?
Review the following
mission statements. Evaluate each mission statement based on the above criteria
and explain how the mission statements meet or failed to meet those criteria.
Home Depot’s Mission
Statement
The Home Depot is in
the home improvement business and our goal is to provide the highest level of
service, the broadest selection of products, and the most competitive prices.
We are a values-driven company and our eight core values include the following:
· Excellent customer service
· Taking care of our people
· Giving back
· Doing the “right” thing
· Creating shareholder value
· Respect for all people
· Entrepreneurial spirit
· Building strong relationships
Nike’s Mission
Statement
Our mission is to bring
inspiration and innovation to every athlete in the world.
In addition to the
text, you must use at least one scholarly source. Your paper must be three to
four pages in length (excluding a cover page and reference page) and be
formatted according to APA style guidelines as outlined in the Ashford Writing
Center.
MGT
450 Week 2 Discussion 1 | Assignment Help | Ashford University
Porter's Five Forces
The internet
significantly influenced business and strategic planning. In your opinion,
according to Porter's Five Forces Model, has competition increased or decreased
overall as a result of the Internet and e-commerce? Justify and support your
response with two examples from your text or external resources. Respond to at
least two of your classmates’ posts. You must create one initial post and at
least two responses, for a minimum of three posts for this discussion
MGT
450 Week 2 Discussion 2 | Assignment Help | Ashford University
Industry Analysis
Describe an industry
analysis and its purpose. Give two examples of the types of questions an
industry analysis might answer. In your discussion also include an analysis of
the chosen two areas and how they affect the strategic planning process.
Respond to at least two of your classmates’ posts. You must create one initial
post and at least two responses, for a minimum of three posts for this discussion.
MGT
450 Week 2 Assignment Help | Ashford University
Find Strategic
Opportunities
Describe Abell’s
three-dimensional business-definition model and explain where it can be
utilized. Then, consider Reader’s Digest Association, publisher of Reader’s
Digest, the largest circulation magazine in the world in 1992. As famous and as
popular as its magazine and brand were at the time, the real value to the
company was the huge database of subscribers that it had (around 50 million
readers). It has used that database to sell various products such as condensed
books and other publications, videos, CDs, and so on. Using Abell’s model,
explain what other products it could send down this distribution channel which
would be amenable to mail order and that would appeal to its subscriber base.
In addition to the text,
you must use at least one scholarly source. Your paper must be two to three
pages in length (excluding a cover page and reference page) and formatted
according to APA style guidelines as outlined in the Ashford Writing Center.
MGT
450 Week 2 Quiz | Assignment Help | Ashford University
Question 1
Finding a “blue ocean”
or “situational monopoly” is a legitimate part of strategic thinking.
Question 2
A company that is not
actively pursuing opportunities won’t be in business very long.
Question 3
What is the essence of
strategic thinking?
Question 4
Which factor is
typically not included in an industry-attractiveness analysis?
Question 5
When looking at
environmental data, it is important to:
Question 6
Which building block is
not among the nine that comprise the business-model canvas?
Question 7
What is the term for a
collection of competitors that produces similar or substitute products or
services to a defined market?
Question 8
Which of the following
is not a barrier to entry?
Question 9
The feeling that the
future is beyond one’s control and that there is nothing one can do to change
it is having a normative attitude about the future.
Question 10
Which question is not
part of a Porter’s Five-Forces Model analysis?
MGT
450 Week 3 Discussion 1 | Assignment Help | Ashford University
SWOT Analysis &
Strategic Planning
Identify and describe
the areas of a SWOT analysis and discuss why it is important to consider these
areas when developing a strategic plan. Why is it often difficult to develop a
realistic analysis? Respond to at least two of your classmates’ posts. You must
create one initial post and at least two responses, for a minimum of three
posts for this discussion.
MGT
450 Week 3 Discussion 2 | Assignment Help | Ashford University
Strategic Alternatives
Imagine a nonprofit
organization trying to raise funds for cancer research. What types of strategic
alternatives might such an organization develop? Respond to at least two of
your classmates’ posts. You must create one initial post and at least two responses,
for a minimum of three posts for this discussion.
MGT
450 Week 3 Assignment Help | Ashford University
Conduct a SWOT Analysis
Select an organization
and describe its history, products, and major competitors in a paragraph or
two. Develop a SWOT analysis detailing the strengths, weaknesses,
opportunities, and threats that may affect the organization.
You must submit a
three-to four-page paper (excluding the title and reference pages) formatted
according to APA style guidelines as outlined in the Ashford Writing Center. In
addition to the textbook, you must use at least two scholarly sources.
Instructions
Locate a competing
organization in your local market (or region) to help develop your SWOT
analysis. You can find this information on the website for the US Chamber of
Commerce. Your SWOT analysis should address the Questions to Ask on Rob
Berman's blog.
Carefully review the Grading
Rubric Links to an external site.for the criteria that will be used to evaluate
your assignment.
MGT
450 Week 3 Quiz | Assignment Help | Ashford University
Question 1
Which of the following
is a criterion for creating bundles?
Question 2
Which of the following
is an example of strength?
Question 3
A strategic issue is:
Question 4
Which key area could be
omitted when evaluating a company’s leaders?
Question 5
Which of the following
is not a company weakness?
Question 6
The final list of
strategic issues should match elements in the strategic-alternative bundles.
Question 7
Which of the following
is an activity ratio?
Question 8
The G.E. Matrix is a
plot of industry attractiveness against company strategy.
Question 9
A company that has to
develop and establish multiple brands is in multiple businesses.
Question 10
Which of the following
is not a strategy?
MGT
450 Week 4 Discussion 1 | Assignment Help | Ashford University
Establishing Metrics
Your text explains why
it is important to select the appropriate criteria for strategic planning. Part
of this process is establishing metrics to measure the progressive success of
the strategic plan. Choose and discuss two metrics that an organization might
consider when developing a strategic plan? What are some considerations or
criteria that leaders utilize when developing a strategic plan? How might this
process work in your current organization or a previous organization? Respond
to at least two of your classmates’ posts .You must create one initial post and
at least two responses, for a minimum of three posts for this discussion.
MGT
450 Week 4 Discussion 2 | Assignment Help | Ashford University
Mission and Vision
Statements
In Weeks Two and Three
we examined mission and vision statements. Conduct an internet search to find
an organization that lists its mission and vision statement on its website.
What do the mission and vision statements communicate? How might the
organization use mission and vision statements when establishing goals for the
organization? How might this process impact operational planning and the
establishment of metrics? Respond to at least two of your classmates’ posts You
must create one initial post and at least two responses, for a minimum of three
posts for this discussion.
MGT
450 Week 4 Quiz | Assignment Help | Ashford University
Question 1
Consensus means
unanimous agreement, not agreement by majority vote.
Question 2
Which of the following
is an example of a partial objective?
Question 3
An adaptive culture is
high on which trait?
Question 4
Doing research and
collecting data on a number of external and internal environmental
categories—and then sharing that information—improves the quality of the
strategic decisions made.
Question 5
Which of the following
is not a condition for creating a good contingency?
Question 6
Strategic planning is
useful only when a company has competitors and doesn’t know what to do.
Question 7
Which of the following
is not a condition for creating a good contingency?
Question 8
Which of the following
is an example of a partial objective?
Question 9
The three benefits
under “Think” (shared understanding of external changes, ability to anticipate
future external changes, and ability to search for a better strategy or
business model) are independent of each other.
Question 10
Companywide objectives
set by the strategic-planning group are more likely to be achieved than those
set just by the CEO.
MGT
450 Week 5 Discussion 1 | Assignment Help | Ashford University
Deliberate and Emergent
Strategies
What is the difference
between deliberate strategies and emergent strategies? How might emergent help
with a future strategic planning process? In your opinion, what are the
potential consequences of ignoring emergent strategies? Support your answers
with resources. Respond to at least two of your classmates’ posts. You must
create one initial post and at least two responses, for a minimum of three
posts for this discussion.
MGT
450 Week 5 Discussion 2 | Assignment Help | Ashford University
Globalization and
International Markets
Choose two
international strategies, compare and contrast them, and discuss why
organizations may choose one strategy over another when expanding into the
international market. Respond to at least two of your classmates’ posts. You
must create one initial post and at least two responses, for a minimum of three
posts for this discussion.
MGT
450 Week 5 Final Project Assignment Help | Ashford University
Final Project
Focus of the Final
Project
Select an organization
and prepare a strategic plan to grow the business over the next three years.
Your strategic plan must include the following:
· Describe your organization’s history,
products, and major competitors.
· Explain the current situation of the
organization in the market.
· Conduct a SWOT analysis (strengths,
weaknesses, opportunities and trends) to determine areas that offer
opportunities for change.
· Choose at least three areas from your
SWOT analysis and explain why the areas you have chosen are essential to your
strategic plan. Use theories and examples from your text and additional sources
to support your rationale.
· Explain your method to measure the success
of your strategic plan.
Your paper must be
eight to ten pages in length (excluding the title and reference pages) and
formatted according to APA style guidelines as outlined in the Ashford Writing
Center. In addition, you must use at least three scholarly sources, in addition
to the text. Remember to incorporate information that you have learned from
this course as well as your personal experience.
Your Final Project
· Must be eight to ten double-spaced
pages in length and formatted according to APA style as outlined in the Ashford
Writing Center.
· Must include a title page with the
following:
o Title of paper
o Student’s name
o Course name and number
o Instructor’s name
o Date submitted
· Must include an introductory paragraph
with a succinct thesis statement.
· Must address the topic of the paper
with critical thought. If possible, provide the context of a first-person
experience where you saw this academic concept in operation.
· Must conclude with a restatement of
the thesis and a conclusion paragraph.
· Must use APA style as outlined in the
Ashford Writing Center to document all sources.
· Must include a separate reference page
that is formatted according to APA style as outlined in the Ashford Writing
Center.
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