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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Values Tasks • Review the Week One Study Guide. • Review the Capstone Examination Study Materials. Jul‚ 09 - Jul‚ 15 Objectives Mission‚ Vision‚ and Values 1.1 1.2 1.3 Identify major components of a strategic management process. Evaluate the organization’s motivation strategy‚ innovation strategy‚ and people strategy. Explain the role of ethics and corporate responsibility in strategic planning. Required Learning Activities • Strategic Management‚ Ch. 1 • Strategic Management‚ Ch. 2
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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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Ethics Awareness Strategic Planning & Implementation/ STR 581 February 13‚ 2012 Ethics is defined as “the moral principles that reflect society’s beliefs about the actions of an individual or a group that are right or wrong.” (Pierce & Robinson‚ 2011 p. 74) Just as in one’s personal life‚ ethics plays a large role in the corporate world as well. Ethical considerations for a company’s stakeholders must be accounted for when creating a strategic plan. The following paragraphs will focus
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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 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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Knowledge Check Week 1The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material. Personalized Study Guide Results: Score: 12 / 12 Concepts Mastery Questions Pricing Decisions 100% Market Systems 100% Market Equilibrium 100% Concept: Pricing Decisions Mastery
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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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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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in the aviation industry. Alaskan Airlines is easily identifiable because of the smiling Eskimo on the tail of their aircraft. Their leadership and innovations in technology have seen them be the first to sell tickets online and allow customers to check-in and print boarding passes via the Internet. Alaskan Airlines has also innovated technologies to allow for safer air travels in inclement weather conditions. In the aviation market‚ Alaskan Airlines must focus on how to maintain their status as
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