DEPARTMENT OF BUSINESS MANAGEMENT STRATEGIC PLANNING (MNG301-A) Module Overview: Topics 1-7 2013 Semester 2 1 Open Rubric Contents 1. Administrative matters 2. Course overview per topic 3. Interactive exercises 4. Upcoming examination 5. Time out! 2 Administrative matters Lecturers: Mr. SK Bhoya Mrs. NV Moraka -Contact details: (012) 429-4220 or Busman@unisa.ac.za Assignments: Two Compulsory assignments due dates: 12 September 2013 and 03 October 2013
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Use appropriate tools to develop strategic options for an organization Ansoff Matrix: The Ansoff Growth matrix is marketing planning tool that helps a business determine its product and market growth strategy. Ansoff’s product/market growth matrix suggests that a business’ attempts to grow depend on whether it markets new or existing products in new or existing markets. The output from the Ansoff product/market matrix is a series of suggested growth strategies which set the direction for the
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What (and How) We Should Eat It is no surprise that with the increased popularity in fast food chains‚ America’s obesity rate has dramatically increased. In a survey done by the United States Department of Agriculture (USDA)‚ obesity is the number two cause of preventable death‚ with approximately sixty-two percent of American adults overweight‚ up from thirty- two percent in 1994 (Profiling Food Consumption in America). In Susan Brink and Elizabeth Querna’s article “Eat This Now”‚ they discuss
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Should Parents Be Responsible for Their Children’s Actions? Adam Simonitch 2nd Period Tommy‚ of age 16‚ steals a new pair of headphones from the store‚ he gets caught‚ and his parents get a fine later on that month for Tommy’s crime. Tommy gets punished by his parents‚ nothing that hasn’t happened before. But Tommy never felt the sting of the actual law‚ what’s keeping Tommy of 17 from stealing another item off of the shelf? Letting parents take responsibility for their children’s actions would
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What should a billionaire give and what should you-speech Good afternoon ladies and gentleman my name is George France. Welcome to the fourth business lunch. Today I will be talking to you about Peter Singers views on charity. The daily life of an African living in poverty is a lot different compared to yours or mine. Africans living in poverty barely survive day to day. 1 billion people don’t have access to clean drinking water and others must walk miles just to get clean drinking water‚
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ACTION PLAN Things Learned in this Class: New Information I learned that sometimes self-awareness may be unpopular from the article by Tomas Chamorro-Premuzic. Many self-help advisors want to improve self-esteem rather than self-knowledge and urge people to ignore negative thoughts‚ in particular about themselves. I always thought it was good to acknowledge negative thoughts in order to obtain self-improvement. I also learned how to prepare to have difficult conversations and that compromising
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that of the Man of Action. The varying states of consciousness between the Underground Man and the Man of Action contribute to the action or lack of action displayed by the two men. Both the Underground Man and the Man of Action claim to believe in determinism‚ so that causes a problem for the Underground Man when evaluating the Man of Action’s position on revenge. In the end‚ the Man of Action will be content with his decision‚ but the Underground Man will be miserable no matter what decision he makes
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2 BUSINESS POLICY AND STRATEGIC MANAGEMENT Learning Objectives • • • • • Learn what business policy and strategy is all about. Know the framework and importance of strategic management. Know the strategic management process. Have an understanding of corporate vision and mission. Learn how strategy operates at different levels of the organization. Without a strategy the organization is like a ship without a rudder. Joel Ross and Michael Kami Strategic management is not a box of tricks or a bundle
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external environmental analysis for your proposed business. • Use the information obtained from your internal and external analysis‚ as well as the lesson learned from the Considerations of a Strategic Plan: List assignment. • Create a SWOTT table summarizing your findings. Your environmental analysis should take into account‚ at a minimum‚ the following factors. For each factor‚ identify the one primary strength‚ weakness‚ opportunity‚ threat‚ and trend‚ and include it in your table. • External
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Action Plan This essay will be discussing my action plan to create a successful band in the music industry. I will provide short‚ medium and long term action plans. My short term action plan will mainly consist of creating online profiles and trying to get a bigger following through the internet. The main websites we shall be using are Facebook‚ Twitter‚ SoundCloud and Youtube as I believe these website are the main way people learn and discover new music and to create a fan base. The Band
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