>> Supply Chain Management
You will compare and contrast strategic issues and assign a nominal ranking of potential impact of the issue on the organization. Defend your synthesis by referring to specific information in the previous analysis reports (see attachments).
Next, formulate strategic recommendations to address those issues you determine from your synthesis to be critical to the strategic fit between the firm and its industry environment. Specifically, business strategy and competitive advantage recommendations will identify costs, differentiation, and hybrid type. Corporate strategy recommendations will identify diversification, vertical integration, and globalization.
A recommendation to address ethical dilemmas will refer to the source of instability-economic, social, political, and technological-that is leading to societal pressure for change to enhance social legitimacy. Assumptions relative to the strategic elements of the firm will serve as a measurement of strategic progress.
Keep in mind the following points:
Synthesize concerns and opportunities, and articulate them as strategic issues. What are the critical issues? Why are these particular issues critical?
Evaluate the strategic issues including the degree to which they may impact the strategic position, direction, decisions, and activities of the organization.
Propose strategies and recommend approaches to mitigate strategic issues that represent ethical dilemmas.
Propose strategies and recommend approaches for strategic issues that have significant impact on the strategic direction of the firm, or sustained competitive advantage of the organization.
Ensure your report includes an executive summary that references the VP''s expectations communicated in the project kick-off meeting.
Submit your report in a business format, adhering to the submission requirements below.
Written communication: Written communication is free of errors that detract from the overall message.
APA formatting: Resources and citations are formatted according to APA (6th ed.) style and formatting. Minimum of three resources required.
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There are two different working environments i.e. firm and industryand many employees work in these environments. Firm is considered to be a small entity in an industry and industry itself is a large marketplace.
Here in this report we are going to discuss about strategic issues that are commonly seen by a business organization as a firm or as an industry and how these issues put impacts on organization’s activities. Besides this, how an organization can get rid of these issues, we will also discuss here in this report.