CLICK TO DOWNLOAD STR 581 WEEK 2 QUIZ 1. This environment in the strategic planning process comprises factors in the competitive situation that affect a firm’s success in acquiring needed resources or in profitably marketing its goods and services. 2. The quasi-science of anticipating environmental and competitive changes and estimating their importance to an organizations operation refers to 3. Because the quantity‚ quality‚ price‚ and accessibility of financial‚ human‚ and material resources
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Description This capstone course integrates concepts from all prior courses in the program. Students apply the concepts of strategic planning and implementation to create sustainable‚ competitive advantage for an organization. Other topics include environmental scanning‚ strategic analysis‚ corporate social responsibility‚ implementation and evaluation‚ and risk management. Course Dates Jul 09‚ 2013 - Aug 19‚ 2013 Faculty Information Name : JAMES STERNIERI (PRIMARY) Email Address : Alternate Email
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Strategic Plan Draft Michael Sunnaa Strategic Planning & Implementation/ STR 581 March 12‚ 2012 John Pang Summarize It! is a new company in the works which will summarize deposition transcripts for attorneys. To help ensure the success of the company‚ a strategic plan has been developed. In doing so‚ it is essential to incorporate an implementation plan. The implementation plan will outline steps such as identifying objectives‚ functional tactics‚ action items‚ milestones and deadlines‚ tasks
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STR 581 Salt Consulting LLC’s Environmental Scan According to Business Dictionary‚ “environmental scanning is the careful monitoring of a firm’s internal and external environments for detecting early signs of opportunities and threats that may influence its current and future plans.” A major objective of Salt Consulting LLC is to predict accurately the influences of these internal and external factors. The long-term goal is to create a profitable organization that recognizes and
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CLICK TO DOWNLOAD ANSWERS STR 581 Week 1 Quiz 1. The strategic decision makers in the firm are responsible for 2 .Judging the appropriateness of a particular action based on a goal to provide the greatest good for the greatest number of people is what ethics approach? 3. Which level of strategy uses a portfolio approach? 4 . For the past 28 years‚ ABC‚ Inc. has made a significant investment of time‚ money‚ and other resources to increase the literacy rate in adult Americans. This represents
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CLICK TO DOWNLOAD STR 581 Week 3 Quiz 1. This type of organization or structure is one that identifies a set of business capabilities central to high-profitability operations and then builds a virtual organization around those capabilities. 2. One of the limitations of SWOT analysis is that it can do this to a single strength or element of strategy. 3. Twenty-first-century corporations reflect 4. The structure of a simple organization 5. One of the limitations of the SWOT analysis is
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CLICK TO DOWNLOAD STR 581 Week 4 Quiz 1. Which of the following is a generic strategy developed by Michael Porter? 2. Firms that enjoy higher profit margins are using which of Michael Porter’s generic strategies? 3. Which matrix involves a framework that can help ensure that businesses’ strategies are consistent with strategies appropriate to their strategic environment? 4. For the ABC Company‚ the Alpha business is in a dominant market share position in a mature market. As per the
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Growth Realization Alternatives Distinguishing one ’s firm from the alternatives is a major concern for any business. Strategic analysis provides the starting point in the strategic management process organizations use to evaluate and choose the competitive advantages that distinguish them from other organizations within the market. Dominating businesses should also "choose among alternative grand strategies to guide the firm ’s activities‚ particularly when they are trying to decide about broadening
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Alaska Airlines must be able to offer low-cost through low overhead and high productivity to compete with low-fare competitors. This will enable the company to offer an exceptional quality service at competitive prices compared to the competitors. 2. Differentiation – Alaskan Airlines has remained a leader in the customer service industry by revolutionizing
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(Target) had 1‚330 retail stores in 47 states of the United States. Even though it only had a fifth of the sales and profits of Wal-Mart‚ it had a loyal customer base that was looking for a trendy‚ yet‚ affordable range of merchandise (Hays‚ 2002 pg. 2). Target’s customers‚ whom it referred to as ’Guests’‚ were younger and more affluent than that of its rival Wal-Mart | | An early strategic choice to build a brand around the Target name fostered the company’s steady growth. From the very beginning
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