...SWOTT Analysis Laura Bagley BUS 475 May 2, 2011 StevenVerrone SWOTT Analysis |[pic] |[pic] | |[pic] |[pic] |[pic] | | |Strategy | | | |Processes and systems |Structures | | |Goals |Resources | | |Strategic capabilities |Technologies | | |Innovations | | | |Intellectual Property | | | |Leadership ...
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...Strategic Plan, Part I: Conceptualizing a Business A business that I would like to begin is offering online Personal Training and nutrition plans to people. * What is the mission statement of your organization? How does it demonstrate your decision on what you want your business to become in the future? Why is the mission statement important? KRK Training is committed to developing personalized fitness program that will motivate, support, and get each individual to their desired fitness goals by using safe and effective training techniques, for guaranteed results. My mission statement indicates that I want my business to touch and change people’s lives because I care, which will keep customers training for longer periods of time. The mission statement creates the foundation and is a reminder of the company’s overall purpose: To change people’s lives for the better. * What is the vision of your organization, and why is it important? “Fitness is a journey, not a destination…..” The vision I have communicates the purpose and value of my company and gives employees direction and inspiration to give their best. * What is the strategic direction of your organization? The strategic direction of my company will involve taking a realistic look at strengths, weaknesses, opportunities, and threats. Understanding the strategic drivers will put my objectives into action, and establishing long-term decisions that involve people and resources and how they interact. The...
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...Nike Marketing Mix James Thorogood MKT/421 April 15, 2014 Dean Tripodes Nike Marketing Mix The controllable variables that a company puts together to satisfy their target group. That is how the marketing mix is simply stated. These variables can be placed in four primary categories: product, place, promotion and price otherwise known as the four Ps of the marketing mix. The goal of the marketing mix is to tailor these variables so that the target group/customer has every need met. The customer is the central focus of every marketing strategy. Every new business idea or concept should be birthed with a target group in mind, and development of these ideas and concepts is fostered through the marketing mix. Once the company has shaped these variables into what their customers want then they are well on their way to being a successful company. Nike is one company for decades that has proven that they understand want their customers are attracted to, they have proven by their 43% market share that they get it. Nike has established itself as one the top names in the sports world and it’s because they continually reinvent themselves to satisfy ever changing needs of sportsmen. Nike has various strategies that target athletes, sportsmen, celebrities, colleges and athletic teams from T-ball to the Olympics. Targeting large group like NCAA Division I athletic programs and professional teams has been highly successful because typically the entire team will wear the...
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...assets and total stockholders’ equity. 4. You work in marketing for a company that produces work boots. Quality control has sent you a memo detailing the length of time before the boots wear out under heavy use. They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. • 97.5% • 95% • 2.5% • 5% 5. __________involves ensuring proper strategic controls and organizational designs. • Corporate governance • Strategy implementation • Business-level strategy • Corporate-level strategy Find the Capstone Final Examination Part 2 answers here BUS 475 Capstone Final Examination Part 2 6. A post-closing trial balance will show: • only income statement accounts • zero balances for balance sheet accounts • only balance sheet accounts • zero balances for all accounts 7. The...
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...MGT 521 WEEK 2 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. ...
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...us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 3 MGT 521 Week 3 Career Plan Building Activity Reasoning Aptitude,MGT 521 week 3 organizational planning,Week 3 Quiz, Reflection A++ GRADED!!! Navigate to the My Career Plan in Phoenix Career Services through the My Career Plan link. Complete the Career Plan Building Activity: Reasoning Aptitude. Review the Reasoning Aptitude results page. Add tips to your career plan by selecting the opportunities tab and click the “tips” next to the competency you want to add to your career plan. Click the “my career plan” tab on top of your page to view your populated career plan. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Reasoning Aptitude. What do your results tell you about your individual thinking style or your thought process range? How does knowing this information and your Competencies and Work culture Preferences help you to understand how work is done in teams? What adjustments can you make to your own teamwork style based on your Career Plan Building Activities? Click the Assignment Files tab to submit your assignment. 2- Review the example SWOT Analyses located in this week’s Electronic Reserve Readings to see the types of information companies include. Complete the following tasks in the University of Phoenix Material: Organizational Planning Worksheet. Cite your resources. Part One (hand in early): Select a Fortune 500 company. You may start your...
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...Strategic Plan Part 1: Conceptualizing a Business 1 Strategic Plan Part 1: Conceptualizing a Business BUS/475 - Integrated Business Topics Michael Portillo August 29, 2011 Strategic Plan Part 1: Conceptualizing a Business 2 GPS Marketing is a marketing company that specializes in getting qualified guaranteed prospects to see in front of independent insurance agents. GPS actually stands for “Guaranteed Prospects to See”. GPS Marketing guarantees every agent that comes aboard with our company that we will put them in front of at least 15 qualified prospects. GPS Marketing’s mission statement is “ Our goal is to get independent insurance agents in front of qualified annuity prospects on a favorable basis which in return increases their income substantially. We do this in a multitude of ways and we want to show you just how we can help you and your business.” In the following paragraphs is a description of how GPS Marketing can do just that. Our first program that we offer our independent insurance agents is our GPS program or our Guaranteed Prospects to See Program. GPS guarantees each of our new independent agents that we will send out one-thousand mailers which are done through direct mail. GPS sends this direct mail to a particular demographic. What this means is that this mailer will only be sent to those individuals that make at least an income of $50,000 or more, own their own home, and are between the ages of 50 and 70 years old. GPS does this for the agent...
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...Business Model and Strategic Plan Part 1: Conceptualizing a New Product or Service Division of Existing Business Mary Locket Bus/475 July 22, 2015 Franky Johnson Strategic Plan, Part 1: Conceptualizing a Business Introduction The sought after products Ingram offers such computers, software, storage devices and so on will give in such a way that the consumer will report nothing but positive feedback. This is a company that strives to provide the most outstanding services and leads the completion by far. They offer services such as financial planning initiatives for corporation seeking to improve their corporation. These services not only provide a way to improve your business but it provides the technology that by far exceeds the leading corporations that offer these services. The idea of offering warranties for the devices they sell opens a whole new dimension that involves reshaping the company to allow for the growth and become the industry’s leading sought after company for the services they provide. The new offer for technical support which provides online chat and remote assistance with problems people experience will allow for the company to improve on company’s morale and dedication. This will allow for customers to seek advice for their purchased products and allow the new desire for other products that are available. If the customer is satisfied they will be a good referring agent and continue to add to the growth of the company. These steps will allow for...
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...MGT 521 WEEK 5 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 5 Your manager tells you about a new department the company will be adding that is part of the company’s strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager has put together the team you will be managing. Your new team consists of the members of your current Learning Team. To be successful in the new market segment, your team must efficiently accomplish the goals set by the company. Your manager, therefore, would like you to develop a leadership approach for each team member on your team based on the theories of leadership and each member’s individual personalities. Write a memo to your manager of no more than 1,400 words in which you explain how you plan to successfully lead your team. Include the following: Evaluate the individuals, including yourself, based on the personality assessment. Evaluate the situation in terms of urgency, culture, and so forth. Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss, with...
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...Venture Name BUS/475 Date Teacher Business Venture In business, startups occur each day only to shutdown as fast they startup. This can be attributed to improper planning, leadership, or a lack of strategic direction. The reason a business incorporates strategic management and planning is to ensure proper direction and long term planning becomes the backbone of any decisions made. In essence, the direction is mapped out in step-by-step process that allows a business to follow. Strategic Management “is the set of decisions and actions that result in the formulation and implementation of plans designed to achieve a company’s objectives” (Strategic Management, 2009). For example, if a new micro brewery wanted to open, this first step that needs to be determined is the long term plan. The brewery will have to determine if the business that will continue to expand to other locations, or if it is a business that will first attempt to establish itself in place and develop a name. In addition the atmosphere needs to be determined casual or formal, food, or no food. Each of these choices will require different designs. The Brewery will require the manager to maintain long-term contracts with brewing suppliers, restaurant suppliers, food distributors, and equipment suppliers. From a long-term perspective, fresh talent from local culinary schools could add flare to the menu if the business is based more on gourmet dining than casual. These agreements are strategic because they...
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...Strategic Plan, Part I: Conceptualizing a Business BUS/475 Integrated Business Topics December 15, 2011 Strategic Plan - Part I: Conceptualizing a Business Land Forms Construction is a general engineering and landscape contractor located in Laguna Niguel, California. The company has been in business for over 21 years. The owners Jeff and Anna Tracy started out as a landscape contractor concentrating mainly on commercial projects in Southern California. The company expanded its services into Northern California and Arizona. In 2010, Jeff Tracy also added value to his company by acquiring a General Engineering license to add value to the services offered at Land Forms. Mission Statement Land Forms Constructions' mission is to provide the finest quality results in all that we do. It is our goal to undertake all projects with the attitude of 100% performance in all respects, including: 1. Safety of both the public and our employees and customers. 2. Compliance with environmental laws and regulations. 3. Quality of products and services. 4. Customer relations. It is our view that no project is successful unless our client is satisfied, the project was completed both on time and within budget, and the job has been built using the finest materials and methods so as to provide the maximum value to our customer. Sunburst Landscaping plants a landscape architect’s vision making a construction project come alive. For 34 years we have followed our mission...
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...Strategic Plan, Part I: Conceptualizing a Business BUS/475 Fitz Hibbler March 17, 2014 Strategic Plan, Part I: Conceptualizing a Business Mission, Vision, Products and Services On GOODs.com you are able to shop for all items needed for you home and personal needs. Our company’s mission is to provide our customers with the best products at the lowest possible prices and to place GOODs in the position of online service leader. If we can get customers to associate the GOODs brand with the complete best service, we can then expand and bring in other product categories eventually turning GOODs into a one stop shopping site. GOODs offers items such as electronics, home & garden supplies, kids & baby items, apparel, shoes & accessories, beauty and health supplies, and outdoor items. These items come in the form of new or refurbished. We intend to provide our customers with the best online shopping experience from beginning to end, with a smart, searchable website, easy-to-follow instructions, clear and secure payment methods, and fast, quality delivery. For us, when creating our vision statement we focused on the potential inherent in the company's future, and what we intend to be. Our statement contains references as to how we intend to turn our aimed for future into a reality. How we intend to make our vision come true is addressed in our mission statement. The vision statement is simply a description of what the company intends to become. Culture, Values, and...
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...Business Model and Strategic Plan Leroy Kennedy Bus/ 475 August 21, 2014 Ramzy Noel Business Model and Strategic Plan A Business Model discusses the broad range of informal and formal descriptions to represent core aspects of a business including its customers, purpose, process, offering, strategy, infrastructure, organizational structures, trading practices, operational processes, and policies. ("Business Model", 2014).. The Strategic Plan of a business is the process of how the business is going to go forward in implementing the goals of the business model. The Strategic Plan outlines and transfers the information of the business model into an engine that drives that model and brings it into fruition. This Strategic Plan should include a SWOT Analysis that defines the strengths, weaknesses, opportunities, threats, and trends. In conducting a SWOTT Analysis of Weis Manufacturing some of the legal and regulatory laws they would have to get away from is distinguishing itself from a daycare which is under more strict rules than the division is planning to offer. Regulatory laws governing childcare is more than the division can bargain for because it brings the risk of a lawsuit from a child being hurt. Economic conditions that may affect Weis vary depending on the economy at any given time. When the economy is booming people are more readily to spend money but when the economy is failing people are tight with their money. One advantage this new division will have is...
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...Team C Synopsis Part 1 Bus/475 Instructor: Team C Synopsis Part 1 MasterCard IRIS was shared for the Business Model Plan and Strategic Plan, Part 1. Each team member thought this was a great idea and it could be something that could be done in the near future. As a team only a few questions about the plan which are as follows: Will the establishments that accept the card pay an additional fee for the scanner? Businesses will have to pay a little upfront cost for the scanner. What if any cost would there b per business? Most business who accept cards now have a small fee to pay and the scanner will be no different. Will there be fees to keep up the cost of maintenance per cardholder? A small fee will be applied to the cardholder. Will MasterCard be the distributer of the eye scanning devices? Yes, they will be the distributer. How will the eye scanner work online? They will come in the near future if this stage works well. Will online tools take a little longer to have ready? Yes, this will take a little longer. Will those who have surgery on the eye lose access to their account? These customers will have to redo their scan after surgery at no additional cost to the customer. A doctor’s order has to be presented before another scan is done. If joint accounts how will it work? Each person has to have eye scan done. Will customers still have to sing at checkout or is the scan proof? Signature is also required; this gives extra proof and protection. A lot of great ideas will...
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...Strategic Plan Part I Conceptualizing a Business Dawn Riggenbach Bus/475 March 26, 2012 When a person or persons decides to start a business, there are several things they need to consider, first of all a strategic management plan will need to be outlined determining the what, where, and how of the business. This will include deciding the different divisions that will make up the business and the roles these areas will play in the day to day operation of the company. The plan will entail establishing the short and long term objectives for each division and incorporating the goals into one single arrangement. To assist in deciding the objectives, the type of autos that will be restored will need to be determine, all vehicles versus classic or antique vehicles. Once this decision has been made, a plan on how the business will achieve the established will need to be put in place. Next step is the “where” choice will be the location of the business, choosing an area that will be in a high traffic spot that can easily be found by people is important in assisting the business achieve the goals established in the objectives. The how will be determining the way to make this happen. The four functions of management are important in creating and implementing a strategic plan, as it provides the business the current status of where the business is at the moment and where they plan to be in the future (MyStrategicPlan.com). The owner’s of Riggenbach’s Auto Restoration with the assistance...
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