Scenario 1 The VP of Operations has assigned me and my team to come up with a strategy of initiating this new beverage into the global marketplace and provide feedback of our strategic marketing plan back to him; resulting in downward communication commonly used within many corporations amongst upper and middle managers but “the best communicators explain the reasons behind their downward communications but also solicit communication from the employees they supervise.” (Robbins & Judge, 2011, p
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Assignment One Reading a Strategic Plan As a volunteer radio presenter for ArtsoundFM in Canberra, I am very interested in community radio and its benefits to the local community through its varied program mix and community announcements. With this in mind, I have selected the Community Broadcasting Foundation (CBF) to evaluate their Strategic Plan. I see the benefit of this organisation, in terms of them being an “independent non-profit funding agency”, to be valuable to their stakeholders
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are required to reach the long-term goals of the company. This paper’s purpose is recognizing and exploring the external and internal situations of two successful organizations, Apple and Coca Cola. Also, to examine the competitive advantages and strategies used by these organizations, as well as sustaining value in an increasingly competitive market through creative strategic business plans. Another area being explored is the measurement guidelines used to substantiate the strategic effectiveness
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Ethics Reflection Paper Ethics and social responsibility are important concepts that play a significant role into implementing a strategic plan. Ethics and social responsibility will benefit an organization into having a successful strategy plan and reduce and any potential negative impact of a operation. The subjects to address in this paper are the following, the role of ethics and social responsibility in developing a strategic plan considering stakeholder needs and how my ethical
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year the leaders of each of these particular division lines meet to discuss the outlook and strategy for the upcoming fiscal year. These sessions can last as long as three to four weeks and are typically done outside of corporate headquarters. In order to prepare for the strategy sessions, each of the senior leaders must diagnose their existing business portfolio to access how their current, and former, strategy resulted. This helps the organization and the specific business unit, decide whether to inject
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any situation there are always challenges that will prevail and how you deal with these challenges will determine the outcome to a specific design. With that being said I feel that the possible challenge I may face as I progress in this class is strategy implementation. When you are proposing a plan, it must be direct and entail all of the necessary elements to be successful. The issue I have would have to learn what is of mere importance verses least important as I tend to prioritize all designs
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Pinnacle Towers Acquisitions LLC Helen Zaldana Strayer University Mr.Plumer BUS 505 October 30, 2011 Abstract This paper discusses what actions Pinnacle Towers Acquisition LLC should take to be more competitive in the federal acquisition market. 1. Create a set of five (5) best practices specific to your firm for conducting market research. Once the need is sufficiently defined, the government conducts market research. (Osborne, S., 2011, p.35). Some of the best practices
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able to develop a strategy to boost the company’s performance. Regardless of what strategy is incorporated, it must be able to return the firm to profitability. Motorola’s external environment has a large impact on its opportunities and threats. The threat that is impacting Motorola the most is new competitors based in different locations worldwide. These competitors, to include Nokia, Samsung, and Sony Ericsson Mobile Communications, have found locations, suppliers, and strategies that work for them
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Faculty of Business & Information Technology Bachelor of Applied Business Studies Graduate Diploma of Applied Business Studies BUS 7333 Strategic Management, Semester 2, 2011 | Assessment Cover Sheet This sheet must be signed by the student and attached to the assessment being submitted. 21101006 | STUDENT ID : TUTOR NAME : Julie McGowan ASSESSMENT : Assignment One – Case Study Analysis Report – Towards 2040: A Smart Green Wellington. DUE DATE : 1pm Monday, August
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Strategic and Financial Planning University of Phoenix FIN / 370 September 9, 2009 Strategic and Financial Planning Every organization should have both a strategic plan and a financial plan. Although these two seem have two different purposes, they are both needed in order for the company to survive. Strategic planning is the process of determining a company’s long-term goals and then identifying the best approach for achieving those goals (Investor Words, 2009). Financial planning
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