Reference no: EM132223444
Within the context of scenario planning, using your organisation as a suitable case, write brief notes about the following:
(a) defining scope or context,
(b) database construction,
(c) scenario building,
(d) choosing strategic options.
In making your brief comments, you may utilise the following articles:
Phelps, R., Chan, C., Kapsalis, S.C., 2001. Does scenario planning affect performance? Two exploratory studies. Journal of Business Research, Vol 51, 223232.
Bradfield, R., Wright, G., Burt, G., Cairns, G., van der Heijden, K. 2005. The origins and evolution of scenario techniques in long range business planning. Futures, Vol 37, 795 - 812
Contribute to the overall effectiveness of the descriptions
: What are the strengths of job descriptions and discern how those strengths contribute to the overall effectiveness of the descriptions.
|
Quantitative and qualitative research
: What are examples of each and explain how we might use both qualitative and quantitative research methods in the same research project.
|
Assess and measure its competitive advantage
: What is competitive advantage" in strategic management? How does a company assess and measure its competitive advantage?
|
Communication tools-customer service strategies effective
: Students will choose one of their favorite companies where they might like to work or do business with and analyze their company website
|
Defining scope or context-database construction
: Within the context of scenario planning, defining scope or context, database construction, scenario building,
|
Strategic management audit-competitive strength assessment
: Explain how you would conduct an internal strategic management audit and competitive strength assessment. Why do you think these techniques are important?
|
Fluctuating interest rates-investment risk and return
: Don't forget to consider things like the time value of money, your expected life span, fluctuating interest rates, investment risk and return, personal spending
|
Leadership and market dominance among its competitors
: Of all the quality gurus you have read about, which one seems to have a philosophy that will best achieves a company's or organizations objectives?
|
Responsibility of a business is to return a profit
: In the September 13th, 1970 issue of the New York Times, famed economist Milton Friedman stated that the only responsibility of a business is to return a profit
|