Reference no: EM131169278
The ability to think strategically and make choices based on solid analysis and evaluation, in order to capitalize on achieving optimal results when applying limited resources of the firm, are at the core of this strategic initiative plan. Strategic initiatives act as the vehicle to accomplish strategic goals. Strategic initiatives translate vision into reality. The strategic management process enables organizations to achieve objectives through three stages: strategy formulation, strategy implementation, and strategy evaluation.
For this assignment, create a market entry plan (entrepreneurial), a market expansion plan for an existing organization, or a mergers and acquisitions plan that seeks to increase your organization’s competitive advantage. Your strategic plan should aim to innovate. Throughout the development of your strategic plan consider your organization’s responsibility in the greater social good from a Christian perspective and how your plan address ethics, cooperate social responsibly and sustainability. Globalization brings both benefits and challenges in the business sphere. Be sure to consider how globalization impacts your strategic plan and address any international considerations if needed.
Part 1: Overview (Topic 1)
Imagine you need to present your initial pitch for your Strategic Initiative Plan. Create a 5-8 slide PowerPoint presentation with speaker notes that seeks to get permission from key stakeholders.
In your presentation, address the following:
Identify the type (market entry, market expansion, merger, and acquisition) of Strategic Plan that you will be creating.
Provide the vision, mission, and values of the organization.
How do organization values drive the culture?
What is the culture you intend to build, or exists, today?
What is your competitive advantage?
Provide three to five sources in your presentation.
Axes appropriately and indicate numeric values of intercepts
: The monthly demand (Q) for video game consoles at the local Better Buy is described by the following multivariate linear demand function: Using the information given, graph the video game console demand curve. (Label the graph's axes appropriately an..
|
Detecting the source of errors when computer system fails
: You are responsible for detecting the source of errors when the computer system fails. From your analysis you know that the source of error is the disk drive, computer memory, or the operating system. You know that 50% of the errors are disk drive er..
|
Detecting the source of errors when computer system fails
: You are responsible for detecting the source of errors when the computer system fails. From your analysis you know that the source of error is the disk drive, computer memory, or the operating system. You know that 50% of the errors are disk drive er..
|
Calculate the point elasticity of demand at price
: Suppose the demand function for a particular good is given by: Q=100-2P. Calculate the point elasticity of demand at price of $10, $30, and $45. At what price and quantity is total revenue maximized? What is total revenue equal to at this quantity? S..
|
Make choices based on solid analysis and evaluation
: The ability to think strategically and make choices based on solid analysis and evaluation, in order to capitalize on achieving optimal results when applying limited resources of the firm, are at the core of this strategic initiative plan. How do org..
|
Is demand for the song elastic or inelastic
: When Apple raised the price of a song download from 99 cents to $1.29, demand for Grizzly Pioneer's latest hit fell to 90,000 units sold from 110,000 units sold in the previous week. What is average price? What is average quanity sold? Is demand for ..
|
Drugs are marketed to consumers in advertisements
: The New York Times reported that the FDA was holding a hearing to scrutinize the way prescription drugs are marketed to consumers in advertisements. Critics, like then–Senator John Edwards, claimed that's misleading for an ad to show a woman running ..
|
Then by how much does the money supply change
: The banking system currently has $20 billion of reserves, none of which are excess. People hold only deposits and no currency and the reserve requirement is 10%. If the Fed raises the reserve requirement to 16% and at the same time buys $10 billion o..
|
Events would affect the supply or demand in each market
: Using supply-and-demand diagrams explain how the following events would affect the supply or demand in each market (draw the original demand and supply and in the same graph draw the NEW demand or supply-showing your shifts) and how the quantity and ..
|