Question: Task Students are expected to select a business involved in global activities and highlight its involvement in the strategic management process. Chapters Concerned Students need
Task
Students are expected to select a business involved in global activities and highlight its involvement in the strategic management process.
Chapters Concerned
Students need to refer to Chapters and to fulfill this task.
Structure
Part Students need to select an organization involved in global activities. They should overview its history, activities, and global presence.
They will research the company, its start, growth, global presence and branches worldwide.
They will introduce its products and track the popularity of these products.
Part Students are to give a brief explanation of the organization's involvement in the strategic management process and explain the key strategic terms as explored in this organization.
They need to assess how the company benefits from the utilization of strategic management.
They will track the applicability of the three stages of strategic management.
They will explain the key terms in strategic management as explored in the company.
Thus, general definitions are not needed. Rather, students need to explain the terms as they witness them in the company.
In other words, they need to specify the vision, mission, values, strengths, weaknesses, strategists, etc., the way these concepts are explored in the company.
Part Students should perform an external assessment relative to this organization, especially Porter's fiveforces model and draw conclusions as a result of this environmental scanning and industry analysis.
They will assess the external forces that impact the business and identify each as a threat or opportunity.
They will assess the attractiveness of the industry with reference to Porter's FiveForces Model:
Part Students will summarize their findings and evaluate the data they collected, emphasizing the lessons they have learned.
They will introduce the messages they learned from this assignment.
They are encouraged to give comments on suggested course of action if they wish to
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
