Explain an outline of the business plan to be developed

Assignment Help Operation Management
Reference no: EM13814204

ToolsCorp Corporation is a fictitious company that does exist anywhere. For the purpose of this course, it is located it in Tennessee. As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of ToolsCorp Corporation. The purpose of this paper is to obtain permission from them to go forward with the next step (developing a full-blown business plan) for ToolsCorp's strategic initiative to break into the global marketplace.

Your group's paper should discuss the following (at a minimum):

A complete strengths, weaknesses, opportunities, and threats (SWOT) analysis (including at least 5 factors from each category and full explanations of why each factor is important and why it was placed in the category) of the environment that exists within ToolsCorp and the environment that ToolsCorp is proposing

An outline of the business plan to be developed for ToolsCorp's strategic initiative

A full mission statement containing the nine components and presented in a well written paragraph

Key operating principles as you will apply them

A preliminary market analysis

The one-year, five-year, and ten-year strategic objectives of the strategic initiatives presented as one strategic proposal for each time frame (3 strategic proposals in all), complete with implementation plans, potential ramifications, and feedback mechanisms

The additional material that your group considers necessary to support the case for going forward with ToolsCorp's global strategic initiative (This is not optional, you must input additional material.)

Reference no: EM13814204

Questions Cloud

Explain the new focus of today hr manager : List and briefly explain the new focus of today's HR manager.
What competencies were you able to develop in researching : What competencies were you able to develop in researching and writing the course Comprehensive Project
Construct a cost-benefit analysis matrix : Construct a Cost-Benefit Analysis matrix for an organization that is considering replacing its internal payroll system with a payroll outsourcing service. Include direct and indirect revenue enhancements and direct and indirect cost reductions.
Define the functions and role of law in business and society : Write a 700- to 1,050-word paper in which you define the functions and role of law in business and society. Discuss the functions and role of law in your past or present job or industry. Properly cite at least two references from your reading
Explain an outline of the business plan to be developed : An outline of the business plan to be developed for ToolsCorp's strategic initiative
Acc303 w8 analyze the gross profit operating profits : "Exxon versus Chevron " According to the textbook, the income statement measures the success of a company’s operations for a given period. The income statement is important to investors and creditors, because it determines the profitability, investme..
Designing an incentive plan : Imagine you are designing an incentive plan for your organization's (or an organization of your choice) middle managers. Create both short-term and long-term incentives, explaining why you feel they will be motivating to middle-managers.
Which is a part of the department of justice : You are an AIU Online Campus graduate and have started a career with the Office of Juvenile Justice and Delinquency Prevention, which is a part of the Department of Justice
Examine the works of photographers working during the 1930s : Prepare a PowerPoint presentation in which you examine the works of photographers working during the 1930s and the work of Abstract Expressionists.

Reviews

Write a Review

Operation Management Questions & Answers

  Importance of etiquette and social customs

The middleman stressed the importance of etiquette and social customs in addition to the win-win model.

  Determine the economic order quantity

Determine the economic order quantity. (Do not round intermediate calculations. Round your final answer to the nearest whole number.) Economic order quantity bags=35

  What should management do to correct these errors

I have done a Pareto's Chart on hotel amenities. The order in which the amenities is showing that the internet has the highest percentage, with the 80/20 rule. I have also completed the fishbone or cause and effect diagram. My question is how I creat..

  Leading a multicultural team through a change process

Leading a Multicultural Team through a Change Process, Assume you have recently been assigned to lead a six-person team working on a new health care product that could revolutionize the treatment of diabetes. This product would allow glucose readi..

  Analyze the narrow view of employee responsibility

Analyze the narrow view of employee responsibility. When and how do ethics override one's responsibility to their employer?

  Determine route to maximize utility

In the past few years, the traffic problems in Lynn McKell's hometown have gotten worse. Now, Broad Street is congested about half the time. The normal travel time to work for Lynn is only 15 minutes when Broad Street is used and there is no congesti..

  Determining the need for labor-machines-physical resources

Determining the need for labor, machines, physical resources to meet the production objectives o the firm is called:

  What are two items regarding the manufacturing process

select a manufacturing organization the team members are familiar with. review the companys website and other available

  Illustrate the trend over period with a graph of the data

Determine the trade balance between the U.S. and China for the most recent five year period. Illustrate the trend over this period with a graph of the data.

  How many cars would you expect to see in the system

How many cars would you expect to see in the system. A toll tunnel has decided to experiment with the use of a debit card for the collection of tolls. Initially, only one lane will be used

  Calculate total cost curves

Kelly Trucking, Inc., is planning a new warehouse to serve the western United States. Denver, Santa Fe, and Salt Lake City are under consideration.

  Calculate expected growth rate and next eps

Sidman Products' common stock currently sells for $51 a share. The firm is expected to earn $6.10 per share this year and to pay a year-end dividend of $2.40, and it finances only with common equity.

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