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Question 1

MGT 498 Week 5 Learning Team Assignment Strategic Plan Paper And Presentation

Answer 1

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Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages Paper

Scenario: 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. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.

Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.

Address the following questions in your strategic plan:

1. Why does Riordan need a strategic plan?
2. What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?
3. What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to improve innovation and sustainability in both domestic and international applications?
4. What measurement guidelines should be used to verify strategy effectiveness?
5. What internal dynamics along with cultural and structural leadership considerations should be used in implementing business strategy for Riordan?
6. How do they influence business continuity?
7. What assessment and feedback controls should be used to determine the direction to take Riordan? If the strategy of Riordan does not go according to plan, at what point would you consider altering the strategic plan you have suggested?

Explain and justify all of the decisions you have made for your strategic plan, using research and understanding learned from the reading material.

Present a completed strategic plan to the board of directors for Riordan Manufacturing.

Outline your strategic plan for Riordan Virtual Organization in a 5 – to 8 slide presentation using Microsoft® PowerPoint®.

Describe why Riordan needs a plan, and walk the audience through every step in the strategic management process.

Include ethical considerations, environmental scanning for competitive advantages, innovation and sustainability considerations, measurement guidelines, internal dynamic and resource considerations for strategy implementation, and what feedback considerations Riordan should put into place to ensure the success of the company.

Keep your audience in mind and make your strategic plan convincing.

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Question 2

MGT 498 Week 5 DQ 3

Answer 2

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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.

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Question 3

MGT 498 Week 5 DQ 2

Answer 3

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Describe enterprise resource planning. How does enterprise resource planning affect feedback and control in an organization’s strategy?

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Question 4

MGT 498 Week 5 DQ 1

Answer 4

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Why is it important for an organization to identify the areas it wishes to measure before the implementation process begins? Provide an example of a company that had clear measurement guidelines in place before implementing its strategic plan. What would be the consequence if these clear measurement guidelines had not been developed before the implementation?

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Question 5

MGT 498 Week 4 Learning Team Weekly Reflection

Answer 5

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Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

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Question 6

MGT 498 Week 4 Individual Assignment Competitive Advantages Paper

Answer 6

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Use the Riordan Virtual Organization and research from last week’s Individual Environmental Scan Paper for this assignment.

Decide which competitive advantages Riordan has in common with the companies researched last week, and estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market.

Explain why you chose these competitive strategies and estimate how they might affect sustainability of long-term organizational performance.

Explain how the global market would affect the business strategy of Riordan.

Summarize your findings in a 700- to 1,050-word paper.

Format your paper consistent with APA guidelines

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Question 7

MGT 498 Week 4 DQ 4

Answer 7

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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?

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Question 8

MGT 498 Week 4 DQ 3

Answer 8

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Research a company’s internal dynamics and the influence on business continuity along with cultural and structural leadership considerations incorporated into the implementation of the company’s strategy. What resources are being used for the company to implement its strategy?

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Question 9

MGT 498 Week 4 DQ 2

Answer 9

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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?

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Question 10

MGT 498 Week 4 DQ 1

Answer 10

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Review Section 9.4 on Virtual Organizations in Concepts in Strategic Management and Business Policy. What constitutes a virtual organization? How does strategy implementation differ between it and traditional organizations? When is one type of organization preferable over the other?

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Question 11

MGT 498 Week 3 Learning Team Weekly Reflection

Answer 11

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Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field.

Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

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Question 12

MGT 498 Week 3 Individual Assignment Environmental Scan Paper

Answer 12

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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.

1 How does each company create value and sustain competitive advantage through business strategy?

2 What measurement guidelines is each company using to verify its strategic effectiveness?

3 How effective are the measurement guidelines that each company is using?

Format your paper consistent with APA guidelines

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Question 13

MGT 498 Week 3 DQ 4

Answer 13

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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?

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Question 14

MGT 498 Week 3 DQ 3

Answer 14

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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?

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Question 15

MGT 498 Week 3 DQ 2

Answer 15

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How has the growth in globalization affected corporate strategy in the United States? Consider this growth from perspectives such as outsourcing, taxes, competition, finances, and so forth.

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Question 16

MGT 498 Week 3 DQ 1

Answer 16

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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?

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Question 17

MGT 498 Week 2 Learning Team Weekly Reflection

Answer 17

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Prepare a 350- to 1,050- word paper detailing the findings of your discussion.

Format your paper consistent with APA guidelines. There are no research requirements for the Weekly Team Reflection.

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Question 18

MGT 498 Week 2 Individual Assignment Ethics And Social Responsibility

Answer 18

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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.

Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation.

Format your paper consistent with APA guidelines.

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Question 19

MGT 498 Week 2 DQ 4

Answer 19

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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?

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Question 20

MGT 498 Week 2 DQ 3

Answer 20

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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.

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Question 21

MGT 498 Week 2 DQ 2

Answer 21

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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.

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Question 22

MGT 498 Week 2 DQ 1

Answer 22

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What types of competitive strategies are the most effective? Will the same strategy work in most venues? Why or why not?

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Question 23

MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

Answer 23

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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.
Research at least one company and describe the strategic management process that the company uses.
Format your paper consistent with APA guidelines.

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Question 24

MGT 498 Week 1 DQ 3

Answer 24

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Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization’s stakeholders?

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Question 25

MGT 498 Week 1 DQ 2

Answer 25

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What legal issues do companies face when creating a strategic plan? What effects do legal issues have on our strategy planning process?

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Question 26

MGT 498 Week 1 DQ 1

Answer 26

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Why is strategic planning important to the organization? How does strategic planning help the organization?

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Question 27

MGT 498 Final Exam

Answer 27

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Question 28

MGT 498 Complete Course

Answer 28

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MGT 498 Week 1 DQ 1

MGT 498 Week 1 DQ 2

MGT 498 Week 1 DQ 3

MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

MGT 498 Week 2 DQ 1

MGT 498 Week 2 DQ 2

MGT 498 Week 2 DQ 3

MGT 498 Week 2 DQ 4

MGT 498 Week 2 Individual Assignment Ethics And Social Responsibility

MGT 498 Week 2 Learning Team Weekly Reflection

MGT 498 Week 3 DQ 1

MGT 498 Week 3 DQ 2

MGT 498 Week 3 DQ 3

MGT 498 Week 3 DQ 4

MGT 498 Week 3 Individual Assignment Environmental Scan Paper

MGT 498 Week 3 Learning Team Weekly Reflection

MGT 498 Week 4 DQ 1

MGT 498 Week 4 DQ 2

MGT 498 Week 4 DQ 3

MGT 498 Week 4 DQ 4

MGT 498 Week 4 Individual Assignment Competitive Advantages Paper

MGT 498 Week 4 Learning Team Weekly Reflection

MGT 498 Week 5 DQ 1

MGT 498 Week 5 DQ 2

MGT 498 Week 5 DQ 3

MGT 498 Week 5 Learning Team Assignment Strategic Plan Paper and Presentation

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