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MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Entire Course (With Final Guide Dec 2016) • FOR MORE CLASSES VISIT • www.mgt498edu.com • MGT 498 Week 1 Individual Assignment Strategic Planning and Strategic Management • MGT 498 Week 1 Discussion Question 1 • MGT 498 Week 1 Discussion Question 2 • MGT 498 Week 1 Discussion Question 3
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Final Exam Guide (Dec 2016) • FOR MORE CLASSES VISIT • www.mgt498edu.com • All assets capabilities organizational processes firm attributes information knowledge and so on controlled by a firm that enable the firm to conceive of and implement strategies that improve its efficiency and effectiveness most accurately defines the term _____. • resources
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Final Exam Guide(New, 2018) FOR MORE CLASSES VISIT www.mgt498edu.com 1) In a survey of 50 corporations, which of the following was rated as a benefit of strategic management? 2) Research suggests that strategic management evolves through four sequential phases in corporations. The first phase is 3) Strategic management is that set of managerial decisions and actions that determine the long-run performance of a corporation.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 1 Discussion Question 1 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Unethical behavior • Provide an example of a company that used unethical behavior to gain profit. What was the unethical behavior and why was the behavior unethical? How did this unethical behavior affect the company?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 1 Discussion Question 2 • FOR MORE CLASSES VISIT • www.mgt498edu.com • What legal issues do companies face when creating a strategic plan? What effects do legal issues have on our strategy planning process? • Why is it important to use a process such as the strategic management model? Explain.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 1 Discussion Question 3 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Why is strategic planning important to the organization? How does strategic planning help the organization? • What is the relationship between strategy and tactics? Explain.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 1 Individual Assignment Strategic Planning and Strategic Management FOR MORE CLASSES VISIT www.mgt498edu.com Strategic Planning and Strategic Management The purpose of this assignment is to help students understand strategic business terminology (vision, mission, goals, objectives, specific objectives, internal and external scanning), to recognize the components of a strategic plan and to be familiar
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Discussion Question 1 • FOR MORE CLASSES VISIT • www.mgt498edu.com • What types of competitive strategies are the most effective? Will the same strategy work in most venues? Why or why not? • What models, tools, and techniques would you use in performing an environmental analysis of an organization?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Discussion Question 2 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Why do we want to create measurement devices early in the strategy process? How do metrics allow us to track the strategy process once it is implemented? How is environmental scanning helpful in choosing the appropriate metric guidelines to use? • What are two major environmental changes that you expect to have an impact on your organization over the next 5-10 years?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Discussion Question 3 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Choose two or more competitive strategies and compare why each strategy may be appropriate for different companies. For example, one company may use a low-price strategy while another may go for high quality. • What is the role of strategic planning in creating value for the organization? Provide an example of how a company uses strategic planning to create value for the organization. What are the key success factors for achieving objectives?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Discussion Question 4 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Choose two or more competitive strategies and compare why each strategy may be appropriate for different companies. For example, one company may use a low-price strategy while another may go for high quality.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Individual Assignment Ethics and Social Responsibility (2 Papers) • FOR MORE CLASSES VISIT • www.mgt498edu.com • This Tutorial contains 2 Papers • Purpose of Assignment • The purpose of this assignment is to help students understand the influence that ethics and social responsibilities have on the strategic planning process.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 2 Team Assignment Building a Competitive Advantage (2 Papers) • FOR MORE CLASSES VISIT • www.mgt498edu.com • This Tutorial contains 2 Papers • MGT 498 Week 2 Team Assignment Building a Competitive Advantage • Purpose of Assignment
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 3 Discussion Question 1 • FOR MORE CLASSES VISIT • www.mgt498edu.com • What is the difference between horizontal growth and vertical growth? Name a real-world company that focuses more on horizontal growth and a company that focuses more on vertical growth. Why do these two companies choose different growth strategies? • Based upon plan preparation, how would one assess the impacts of organizational strengths and weaknesses related to the development of long-term objectives?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 3 Discussion Question 2 FOR MORE CLASSES VISIT www.mgt498edu.com What is a corporate strategy? Why is it important for a small business to identify a corporate strategy? What are possible consequences that a small business may experience if it does not have a defined corporate strategy? Describe at least four sustainability strategies. Review the Virtual Organization Riordan Manufacturing, which can be accessed through this
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 3 Discussion Question 3 FOR MORE CLASSES VISIT www.mgt498edu.com How has the growth in globalization affected corporate strategy in the UnitedStates? Consider this growth from perspectives such as outsourcing, taxes, competition, finances, and so forth. Assume that you are a risk adverse manager in an industry experiencing rapid technological innovations. Which of the generic strategies
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 3 Discussion Question 4 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Define risk and how it affects the strategy planning process. In relation to innovation, sustainability, and the global market, how would you decide whether a risk is worth taking the chance on when to create a strategic plan?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 3 Signature Assignment Environmental Scanning FOR MORE CLASSES VISIT www.mgt498edu.com MGT 498 Week 3 Signature Assignment Environmental Scanning Purpose of Assignment A strategic management plan addresses four different management functions: environmental scanning, strategy formulation, strategy
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 4 Assignment Strategy Formulation FOR MORE CLASSES VISIT www.mgt498edu.com Purpose of Assignment The Week 4 individual assignment is the second part of a three part strategic management plan for the company selected by the student in Week 3. The purpose of the assignment is for students to establish long-term goals and objectives; indicate, specify and discuss strategies;
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 4 Discussion Question 1 • FOR MORE CLASSES VISIT • www.mgt498edu.com • What steps need to be taken before we implement an organizational strategy? Why are time frames so important to the implementation of an organizations strategy? What role does the sequence of execution play?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 4 Discussion Question 2 • FOR MORE CLASSES VISIT • www.mgt498edu.com • How have the ideas of constant improvement processes such as TQM, Six Sigma, and other improvement processes affected the overall strategy of organizations?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 4 Discussion Question 3 • FOR MORE CLASSES VISIT • www.mgt498edu.com • What phases does a product go through during its life cycle? Is it possible for an organization to avoid the eventual decline phase of a product or service? Why? If so or not, how would your strategic planning process be affected?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 4 Discussion Question 4 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Research a company’s internal dynamics and the influence on business continuity along with cultural and structural leadership considerations incorporated into the implementation of the company’s strategy. What resources are being used for the company to implement its strategy?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 4 Team Assignment Long Term Strategies and Globalization FOR MORE CLASSES VISIT www.mgt498edu.com MGT 498 Week 4 Team Assignment Long Term Strategies and Globalization Purpose of Assignment The purpose of the learning team assignment is to offer students the opportunity to investigate their understanding of how globalization affects a company’s strategic plan.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com MGT 498 Week 5 Discussion Question 1 FOR MORE CLASSES VISIT www.mgt498edu.com What is the role of metrics and measurement in the strategy process? Why are they so important to the strategy process? What are the possible outcomes for a company that decides not to put metrics and measurement into its strategic plan?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 5 Discussion Question 2 • FOR MORE CLASSES VISIT • www.mgt498edu.com • How has globalization affected the measurement process in an organizations strategy? Provide an example of a company that has changed its measurement process due to globalization. What changes were made to the company’s measurement process?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 5 Discussion Question 3 • FOR MORE CLASSES VISIT • www.mgt498edu.com • Describe enterprise resource planning. How does enterprise resource planning affect feedback and control in an organization’s strategy?
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 5 Discussion Question 4 • FOR MORE CLASSES VISIT • www.mgt498edu.com • How would control processes and metrics differ between various types of organizations? Include an example of control processes or metrics for each type of organization in your answer.
MGT 498 EDU Lessons in Excellence-- mgt498edu.com • MGT 498 Week 5 Strategy Implementation, Evaluation and Control • FOR MORE CLASSES VISIT • www.mgt498edu.com • WEEK 5 Strategy Implementation, Evaluation and Control • Strategy Implementation, Evaluation and Control – Assessment Activity