Individual Assignment of Week 3 (Environmental Scanning) and Discussion Questions

Individual Assignment of Week 3 (Environmental Scanning) and Discussion Questions

Individual Assignment of Week 3 (Environmental Scanning) and Discussion Questions

Subject: Business / Management
Question
Purpose of Assignment

Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control. The purpose of the Week 5 individual assignment is to allow the student to discuss and explain how the strategies discussed in prior weeks are converted into implementation activities both domestically and internationally, in alignment with legal, social and ethical considerations. Furthermore, the student has an opportunity to explain and discuss how the strategic plan and implementation activities will be monitored.

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Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 3 of the three part Strategic Management Plan.
Assignment Steps

Writea 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:

Strategy Implementation
Discuss International Strategy.
Discuss Strategic Implementation.
Explain the influence of Governance and Ethics.
Discuss the Company Social Value.
Discuss Innovation and Diversification.
Discuss Legal limitations.
Evaluation and Control
Explain Strategic Metrics.
Discuss Key Financial Ratios.
Cite at least 3 scholarly references.

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Format your paper consistent with APA guidelines.

Discussion Questions

What do companies need to consider in order to achieve a successful differentiation strategy?
What are two processes that companies can use to search for differentiation opportunities?
What are the traits of social value organizations and how do they differ from other types of organizations?
Do you believe that social entrepreneurship will be able to solve difficult problems at the base of the pyramid? Provide a logical and fact-based explanation to support your belief.
What are key areas that businesses need to look at when evaluating their performance?
What are the benefits and challenges of technological development for businesses?