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For more course tutorials visit www.newtonhelp.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 – PowerPoint PPT presentation

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Title: MGT 498 Inspiring Minds/newtonhelp.com


1
MGT 498 Inspiring Minds/newtonhelp.com
2
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Entire Course (No Final Guide)
  •  
  • For more course tutorials visit
  • www.newtonhelp.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

3
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Entire Course (With Final Guide Dec 2016)
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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 Week 2 Team Assignment Building a
    Competitive Advantage (2 Papers)

4
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Final Exam Guide (Dec 2016)
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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
  • functions
  • capabilities
  • priorities

5
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Final Exam Guide (New, 2018)
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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. Which one of the
    following is NOT one of the basic elements of the
    strategic management process?
  •  

6
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 1 Discussion Question 1
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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? 
  •  
  • How does a leader develop and articulate a
    compelling vision? Explain.

7
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 1 Discussion Question 2
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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.
  •  

8
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 1 Discussion Question 3
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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.
  •  

9
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 1 Individual Assignment Strategic
    Planning and Strategic Management
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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 with the core
    information and steps needed to create a
    strategic plan. Furthermore, this assignment
    allows students to recognize the difference
    between strategic planning and strategic
    management.

10
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Discussion Question 1
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?
  •  

11
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Discussion Question 2
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?
  •  

12
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Discussion Question 3
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?

13
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Discussion Question 4
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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. 

14
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Individual Assignment Ethics and
    Social Responsibility (2 Papers)
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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. 
  • Assignment Steps
  • Write a 700-word report in which you address the
    following 

15
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 2 Team Assignment Building a
    Competitive Advantage (2 Papers)
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  • This Tutorial contains 2 Papers
  •  
  • MGT 498 Week 2 Team Assignment Building a
    Competitive Advantage
  • Purpose of Assignment 
  • The purpose of this assignment is to help
    students understand how manufacturing and service
    companies can maximize their competitive
    advantage. The Porter Model is discussed as a
    method to categorize and assess businesses and
    industries.
  • Assignment Steps 

16
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 3 Discussion Question 1
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?

17
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 3 Discussion Question 2
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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
    courses reading from University of Phoenix
    student Web site. Which sustainability strategies
    would be most appropriate for Riordan
    Manufacturing and why?

18
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 3 Discussion Question 3
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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
    would you be inclined to favor to mitigate risk?
    Why?

19
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 3 Discussion Question 4
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?

20
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 3 Signature Assignment Environmental
    Scanning
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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
    implementation, evaluation and control. Weeks 3,
    4 and 5 individual assignments (Part 1, Part 2
    and Part 3) are integrated to generate a
    strategic management plan. The purpose of the
    Week 3 individual assignment is to evaluate the
    internal and external environments of a company
    selected by the student, to analyze the
    competitive advantage of the selected company, to
    evaluate a set of suitable strategies, and to
    examine appropriate

21
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Assignment Strategy Formulation
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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 and
    investigate, consider and describe specific
    business strategies including vertical
    integration and strategic alliances, to achieve
    competitive advantage in the industry. The
    student also generates an appropriate
    organizational chart in alignment with the stated
    strategies. 

22
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Discussion Question 1
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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? 
  •  
  • What are the attributes of Critical Success
    Factors in general? Are these attributes in your
    industry?

23
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Discussion Question 2
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  •  
  • 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?

24
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Discussion Question 3
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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?

25
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Discussion Question 4
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  •  
  • Research a companys internal dynamics and the
    influence on business continuity along with
    cultural and structural leadership considerations
    incorporated into the implementation of the
    companys strategy. What resources are being used
    for the company to implement its strategy?

26
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 4 Team Assignment Long Term
    Strategies and Globalization
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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 companys strategic plan. Additional objectives
    include allowing students to assess the
    effectiveness of strategic alliances in the
    growth process of a company and to understand the
    necessity for innovation to create a sustainable
    long-term organizational environment. The
    students will also identify how organizational
    structures facilitate company growth and controls
    in the global environment.

27
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 5 Discussion Question 1
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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? 
  •  
  • What steps need to be taken before we implement
    an organizational strategy? Why are time frames
    so important to the implementation of an
    organization's strategy? What role does the
    sequence of execution play?
  •  

28
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 5 Discussion Question 2
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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 companys measurement
    process?
  •  
  • What are some structural, leadership, and
    cultural considerations that need to be included
    in the strategy implementation for the virtual
    organization,Riordan Manufacturing?
  •  

29
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 5 Discussion Question 3
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  •  
  • Describe enterprise resource planning. How does
    enterprise resource planning affect feedback and
    control in an organizations strategy? 

30
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 5 Discussion Question 4
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.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.

31
MGT 498 Inspiring Minds/newtonhelp.com
  • MGT 498 Week 5 Strategy Implementation Evaluation
    and Control
  •  
  • For more course tutorials visit
  •  
  • www.newtonhelp.com
  •  
  • WEEK 5 Strategy Implementation, Evaluation and
    Control
  • Strategy Implementation, Evaluation and Control
    Assessment Activity
  •  
  • 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

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MGT 498 Inspiring Minds/newtonhelp.com
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