Examine the nature and functions of strategic management

Assignment Help Business Management

Reference no: EM132726534

Competency

Examine the nature and functions of strategic management.

Instructions

Today a new quarter begins at one of the following well-known organizations: Google, Walt Disney Company, Amazon, P&G, 3M, or Ford Motor Company. Please choose one of these organizations to complete the summative assessments for this course. Once you choose an organization, you should use that organization for all of your assignments.

There are changes on the horizon for your chosen company that could either impact business positively or negatively, so there is a need to revisit the current strategic plan.

Research what the vision and objectives are for the organization over the next two years.

What is the current vision and has the organization followed this vision through their actions? If so, how, and if not, in what ways?

What are the short-term and long-term objectives for the organization? In what ways can these objectives be achieved? (If the organization has not provided this information, use your research to hypothesize what these objectives might be, and how they could be achieved.)

Complete a SWOT analysis by performing research on your chosen organization. If the necessary information is not available, infer what the missing information might be based on your research.

What are the current strengths of the organization and will they still be of value as the industry changes?

In what way can the current weaknesses be minimized while adapting to the change on the horizon?

Are the opportunities of the previous plan still applicable? If not, what will the new opportunities be?

What are the upcoming threats? Can they be addressed in the same way as they have been in the past?

In addition to answering the questions above, please answer the following question in your paper: In what way was this analysis beneficial in providing the beginnings of a well-rounded plan for the future, and in what way will this understanding impact the workforce?

Reference no: EM132726534

Questions Cloud

What is significant about the role of the mother : What is significant about the role of the "mother" (in terms of the motherland, mother of art, or mother nature) in Macbeth or The Shape of Things

Do see yourself as having a hybrid identity : Do see yourself as having a hybrid identity? (Do not answer yes or no. If so why or why not? Whichever you choose, explain why you feel that way.

What is a mental health crisis : Identify 5 responses you can take when someone may be experiencing a MHC. What are at least 5 signs that a person may be experiencing a MHC?

Find the cost of grains sold during July is expected : Powerpoint Company, a wholesaler of grain, has a sales budget for July of $300,000. Find the cost of grains sold during July is expected

Examine the nature and functions of strategic management : Examine the nature and functions of strategic management. What is the current vision and has the organization followed this vision through their actions?

What amount should Friendly record as investment income : There is no dividend declaration for preference shares for the current period. What amount should Friendly record as investment income

Strategic management analysis : One key aspect is the "Environment as Information Perspectives." Discuss what was determined to be the environmental uncertainty for your chosen organization.

How they impact organizational strategies : Examine internal effectiveness and resources, and how they impact organizational strategies.

Determine Abbott and Abbott pension expense : The expected long-term rate of return on plan assets was 11%. Determine Abbott and Abbott's pension expense for 2021

User Account

All Pages