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Assignment: Strategic planning and strategic management
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.
Agree or disagree: An IT strategy focused on maintaining a cutting-edge technology position is the most effective way to support any kind of overall business strategy - Take a position one way or the other, and defend it with appropriate arguments ..
The decision to perform an acquisition is heavily influenced by how it relates to the strategic business goals of an organization.
Perform a financial analysis of the total costs for each proposal that includes ongoing support and maintenance. Recommend 1 of these proposals and your reason for selection of that proposal.
Identify, discuss and evaluate the business level strategies used by Temple & Webster to compete in the online homewares industry.
question 1 discussion amp backgroundtaking all nippon airways ana as a successful example the company is acknowledged
Using what you have learned in this module and module 1 about effective communication, develop a slide deck (minimum of 8 slides) with voice narration in which you introduce a new organizational policy at your company.
Mention the following functions of a department store on the service-system design matrix: mail order (that is, catalogue), phone order, hardware, stationery, apparel, cosmetics, customer service (such as taking complaints).
Research and analyze recent best practices for employee retention within the technology industry - identify methods to assess compensation amounts for multiple positions.
Standard & Poor's downgraded the U.S.'s AAA credit rating for the first time, slamming the nation's political process and criticizing lawmakers for failing to cut spending or raise revenue enough to reduce record budget deficits.
Identify a 5 year period of your choice in the company's history.
3.Based on your analysis, do you feel that McDonald's is pursuing effective strategies? What recommendations would you offer to McDonald's chief executive officer?
Does how accompany approaches the strategy process make a difference - What about strategy implementation? Always successful?...and what are results of that?
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