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You have a novel product idea and a working prototype for floating fishing pliers. You use an extrusion process to manufacture the pliers, and your family assembles them out of your basement. Your plan is to distribute them through sporting goods stores that cater to anglers. Applying all that you have learned in this course, create a detailed strategic plan for the next five years. You should include the following elements of comprehensive strategic plan: •A mission statement that describes the overall purpose of the organization •A resource needs assessment •A statement and some detail on the technology requirements, goal statement, and rationale •A set of objectives (measurable and observable) •A statement on the hardware, software, and facility resource requirements •A statement on training resource requirement and staff development plan •A marketing plan •An itemized budget, evaluation method, and funding sources
The Swiss pharmaceutical global corporation Hoffman-La Roche has made a major breakthrough in the relief of a serious disabling disease that affects 3 percent of the world's popula
Can you think of organizations that use a differentiation and low-cost strategies? 2. Specifically, what conceptual steps would you take to get from a differentiation or low-cost s
Describe the behaviours of leaders modelling excellence. How do you assess excellence and how does that inspire you to perform at a higher level?
1. Examine the flow process chart in the figure and try to develop an improved method for the future, taking advantage of the technologies becoming available. Answer: There are
The figures below indicate the number of mergers that took place in the savings and loan industry over a 12-year period. Year Mergers Year Mergers 2000 46 2001 46 2002 62 2003 45 2
explain the evolution of operation management highlighting the key stage of development taken place in the operation management practices in modern day organization
What is Grapevine? Ans: Grapevine is an informal communication system.
Given the new science realities, write your ropes to know and ropes to skip for leaders, including guidelines for planning, measuring, motivating people, managing change and inform
If you became the new manager at restaurant with high employee turnover, what actions would you take to increase retention of employees?
What is Business process re-engineering? Business process re-engineering (BPR): The basic redesign of existing business processes to attain enhancements in critical areas
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