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For More Course Tutorials Visit<br>www.uoptutorial.com<br><br><br><br><br> <br>Write a 350- to 500-word paper in which you complete the following:<br> <br>• Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company. <br><br><br>• Research at least one company and describe the strategic management process that the company uses.<br> <br>Format your paper consistent with APA guidelines.<br>
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MGT 498 UOP Courses For more course tutorials visit www.uoptutorial.com Get Ready to grant success at exam by shop at uoptutorial
MGT 498 UOP Courses • MGT 498 Final Exam Guide + Entire Course • 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. Which one of the following is NOT one of the basic elements of the strategic management process? MGT 498 FINAL EXAM GUIDE + ENTIRE COURSE MGT 498 FINAL EXAM GUIDE
MGT 498 UOP Courses • 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? • 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 WEEK 1 DISCUSSION QUESTION 1 MGT 498 WEEK 1 DISCUSSION QUESTION 2)
MGT 498 UOP Courses • Why is strategic planning important to the organization? How does strategic planning help the organization? • What is the relationship between strategy and tactics? Explain. • Write a 350- to 500-word paper in which you complete the following: • · Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company MGT 498 WEEK 1 DISCUSSION QUESTION 3 MGT 498 WEEK 1 INDIVIDUAL ASSIGNMENT STRATEGIC MANAGEMENT PROCESS PAPER
MGT 498 UOP Courses • 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? • 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 WEEK 2 DISCUSSION QUESTION 1 MGT 498 WEEK 2 DISCUSSION QUESTION 2”
MGT 498 UOP Courses • 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. • Write a 700- to 900-word paper in which you do the following: • · Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas. ? MGT 498 WEEK 2 DISCUSSION QUESTION 3 MGT 498 WEEK 2 INDIVIDUAL ASSIGNMENT ETHICS PAPER
MGT 498 UOP Courses • 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? • 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? MGT 498 WEEK 3 DISCUSSION QUESTION 1 MGT 498 WEEK 3 DISCUSSION QUESTION 2
MGT 498 UOP Courses • 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. • Write a 1,050- to 1,400-word paper in which you complete the following: • · Research and describe the internal and external environments of 2 to 3 real-world companies using an environmental scan. • · Determine what competitive advantages each company has and what strategies each company is using. • o How does each company create value and sustain competitive advantage through business strategy? MGT 498 WEEK 3 DISCUSSION QUESTION 3 MGT 498 WEEK 3 INDIVIDUAL ASSIGNMENT ENVIRONMENTAL SCAN PAPER
MGT 498 UOP Courses • 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? • How have the ideas of constant improvement processes such as TQM, Six Sigma, and other improvement processes affected the overall strategy of organizations? • How are the tactical plan and the goals related to long-term objectives (LTO) and Critical Success Factors in your experience? MGT 498 WEEK 4 DISCUSSION QUESTION 1 MGT 498 WEEK 4 DISCUSSION QUESTION 2
MGT 498 UOP Courses • Resources: Riordan Virtual Organization and Environmental Scan Paper • Use the Riordan Virtual Organization and research from last week’s Environmental Scan Paper for this assignment. • 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 WEEK 4 TEAM ASSIGNMENT COMPETITIVE ADVANTAGES PAPER MGT 498 WEEK 5 DISCUSSION QUESTION 1
MGT 498 UOP Courses • 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? • The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization. • Create a 2,500- to 3,500-word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy by Wheelen and Hunger. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan. MGT 498 WEEK 5 DISCUSSION QUESTION 2 MGT 498 WEEK 5 TEAM ASSIGNMENT STRATEGIC PLAN PAPER AND PRESENTATION
MGT 498 UOP Courses For more course tutorials visit www.uoptutorial.com Get Ready to grant success at exam by shop at uoptutorial