Determining the international expansion

Assignment Help Operation Management
Reference no: EM131344954

4-5 BODY PAGE PAPER MUST ALSO INCLUDE (ABSTRACT, TITLE PAGE, REFERENCE PAGE, AND MUST CITE WORK PROPERLY) I DO REPORT PLAGIARISM!!! I ALSO TIP TO A WELL WRITTEN PAPER

Consider the following scenario:

You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan.

  • PPQ Parts employees now number 5,000, and all are currently employed in the United States. It plans to grow to 10,000 employees in 4 years.
  • New facilities will be needed in international expansion, and PPQ Parts anticipates building most of those (80%) outside the United States.PPQ Parts holds 5% of the world market share on small SUVs, but its goal is 9% in 4 years.
  • Current stock price is $10 per share. The goal is $22 a share.Profit margin 3-year average is 6%. Industry average during this time has also been 6%. The company goal is 13% in 4 years.
  • PPQ Parts has averaged 28% employee turnover during the last 3 years. This is compared to an industry average of 25%. The goal of the company is to increase employee retention by lowering annual turnover to 17%.
  • PPQ Parts contributes to all the local communities in which it is doing business. This is one of its corporate values. Current charity is 0.5% of total profits, but the company would like to raise that to 5% in 4 years.

Assignment

A strategic management plan is vital for the company business today. Review the company scenario at the beginning of the course for additional information regarding growth goals. Create a basic strategic management plan for PPQ Parts including quantifiable goals and measures. Include the following in your report:

  • Provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability, and so forth.
  • Address internal resource analysis such as managerial and financial strengths and weaknesses.
  • Please include short-term and long-term strategic goals.
  • Location consideration for implementation is vital. Please explain the benefits and limitations for expansion in your chosen area.

Reference no: EM131344954

Designing new housing at the university of miami

Write a paper of two to four pages detailing the DMADV steps for designing a new product/process at your firm - Your approach to designing the new product/process at your firm

Why these are the most important internal factors

briefly describe Nike and then list the key internal factors you identified. Explain why these are the most important internal factors to consider when formulating strategy.

What is the breakeven point for this new process

Mikey W. Smitty is confident that demand for his “Western Rap” CD will substantially exceed the breakeven point computed in Problem 6-3. So, Mikey is contemplating having his

Operations to maximize work flow and spatial utilization

You write a brief assignment on your experience as Engineer regarding to the scenario below to help and re-engineer existing products and develop new products in a cost-effe

The essex refused to return their baggage

Bob, Joe, and Sam separately registered as guests at the Essex Motel. All three guests wrongfully failed to pay their respective room charges, and the Essex refused to return

Develop wealth-transfer plan that would tax consequence

Imagine that you are an estate planner and a friend is seeking advice regarding leaving property to his children. He has accumulated approximately $10 million of property that

Equipment that would provide quality care at a cost savings

Financial management of a department is difficult to say the least. Our departments are labor intensive and have highly technical equipment, both of which are very expensive.

What is the best decision based on an expected monetary

What is the best decision based on an expected monetary value criterion, Page Engineering designs and constructs air conditioning and heating systems for hospitals and clinic

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd