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Assignment: Strategic Planning and Strategic Management
Please no plagiarism
Purpose of Assignment
The purpose of this assignment is to help students understand strategic business terminology (vision, mission, goals, objectives, specific objectives, internal and external scanning), to recognize the components of a strategic plan and to be familiar with the core information and steps needed to create a strategic plan. Furthermore, this assignment allows students to recognize the difference between strategic planning and strategic management.
Assignment Steps
Write a 700-word analysis in which you complete the following:
• Describe and define the primary components of the Strategic Management Process.• Describe and define internal and external analysis.• Describe and define the responsibilities and duties of the Strategic Manager.• Explain why companies need strategic management planning.
Cite 3 scholarly references, including at least two peer-reviewed references from the University Library.
Format your paper consistent with APA guidelines.
Analysis of the external environment Sub-headings here e.g. 1.Macro Environment Analysis - PESTEL, 2 Micro Environment Analysis - Porter's 5 Forces Model 3.
Conduct a competitive analysis in which you explain the sources of competition, the strengths of your competitors' companies, and the other factors affecting your ability to compete.
How do effective leaders translate the mission
If you were Urs Wyss, What branding strategies would you recommend for the newly acquired fragrance business unit? Be specific and justify your answers.
Conduct a research and perform critical analyses of the internal resource base of an organization related to Nike Inc. Organizations related to Nike Inc can be a competitor, supplier, customer or others.
Describe for other members of the strategic planning committee the role that capital budgeting should play in corporate strategic management.
Medical Equipment sales in Japan
How does using a framework such as resource-based view (RBV) or Porter's Five Forces enable an organization to achieve a competitive advantage, by implementing strategic HRM practices throughout the organization?
Don't you think that certain worst practices tend to derail the Innovation Leader's success as well as sabotage the project? How can they sail through in the event of such challenges?
Evaluate alternative expansion strategies for Damar International in the United States.- Discuss Damar's expansion alternatives in Indonesia and France and their implications for the U.S. market.
What is a risk assessment? What is the concept of reasonable assurance as it applies to the implementation of computer security measures?
What processes are needed in order to shape alternative design strategies for a system?
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