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Use the factors listed in the course text graphic.Assess the Competition) to assess your company's market competition.
What are the major components of a strategic management process? Which component is most difficult for managers to perform? Fully explain your answer
Why or why not?How does globalization impact the marketplace as a whole?Has your opinion changed from the beginning of the course to now?
What have you learned about the importance and function of an organization's mission, vision, and values?
Create an argument for diversification of your business that will be presented to the board of directors or business investors.
organization to achieve superiority in all five major competitive priorities-price (cost), quality, time, flexibility, and innovation?
You decide that it is essential to inform your managers and peers of the role of national strategies for local communities and their planning.
What are vision and mission statements? What is their value for the strategic management process?
What geographic location should be a target for global expansion?
How you intend to ensure the organization's vision, mission, and people strategies and values statements are aligned with the proposed strategic plan
What option(s) do you think would be most beneficial for this organization? Why?
How would you ensure that stakeholder input is considered appropriately?
Description of two environmental forces that may have some impact - positive or negative - on the organization or business.
Since the healthcare industry will continue to grow in the future due to the size of the global population and its age composition, General Electric Healthcare
Conduct individual research online and visit the Web sites of some insurance firms to learn more about the individual health insurance market.
They have managed to stay in business by holding onto a small portion of the widget market, but they are far from the market leader.
Assess how the vision statement and mission statement of the corporation influence its overall success.
In a survey of 50 corporations, which of the following was rated as a benefit of strategic management?
Team plan: Your plan to create a cohesive team. Include at least three strategies you plan to use to ensure a unified team.
Assume you are the leader of an organization that is being threatened by new competition.
Describe your business-level strategy (cost leadership or differentiated) and explain how it fits with the corporate-level strategy.
Discuss your plan for addressing the global market for your chosen company (Fast Track - Light Rail Transportation).
What are the different levels of diversification firms can pursue by using different corporate level strategies.
Read the article: Burrows, P., & Satariano, A. (2012). Can Phil Schiller keep Apple cool? Bloomberg Businessweek.
Identification of the elements of the promotion mix and the pros and cons of each element.