3. Critiquing the adequacy and merit of vision statements of 3 companies (your own or companies of your choice). You may use this template: Name of Company: Vision Statement Effective Elements Shortcomings
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- Case Krispy Kreme Doughnuts Inc 2015 Based on the given case above, you are required to read the case and : 1. Propose a new mission statement for the organization based on 9 components of mission statement: 1.Customer 2. Product/ service 3. Market 4. Technology 5. Concern for survival, profitability and growth 6. Philosophy 7. Selfconcept 8. Concern for public images 9. Concern for employees 10. Component Legend is provided 2. Quality of the writing of the proposed mission statement and explainIn Accommodation and Food and Beverage Mnagement 1. Analysis of Current Management Strategies Choose a hospitality business (e.g., hotel, restaurant) and conduct an in-depth analysis of its current management strategies. Evaluate the effectiveness of their current management efforts inachieving business objectives. Identify any strengths, weaknesses, opportunities, or threats in theircurrent management approach.2. Development of Management Plan Based on your analysis, develop a comprehensive management plan forthe chosen hospitality business. Clearly outline the goals, target audience, positioning, and managementtactics to be employed. Include a detailed timeline and budget for implementing themanagement plan. Justify your choices by explaining how they align with the businessobjectives and address the identified strengths, weaknesses,opportunities, or threats.3. Creativity and Innovation in Management Approach Demonstrate creativity and innovation in your proposed…SWOT, Strengths, Weaknesses, Opportunities, Threats. 1. Produce a new business idea. 2. Conduct a SWOT analysis for the new business idea developed 3. Identify a minimum of 5 items for each component in the SWOT analysis.
- Please use own words Propose a New Mission statement for Krispy Kreme Doughnuts Inc 2015 for the organization which must based on 9 components of mission statements. Must have Quality of the writing of the proposed mission statement which create a new mission for the organization based on 9 components of mission statement in long explain with examples :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6)philosophy; (7) selfconcept; (8) public image; and (9) employees Put the 9 components each in bracket as number with mention the new mission statement with legend and components with explaination2. Case Studies 2.1. Business Strategies: Why dis Kodak Fail? What happened to a great company? Do some research on competitive forces and driving forces that are at work or relevant to the mentioned companies/industry Draw five-forces diagram and briefly discuss the nature and strength of each of the competitive forces. Make a list of the driving forces in the industry and draw some conclusions about whether the likely impact of these driving forces on these companies were favorable or unfavorable. Give your insights.With a substantive strategic report, how do youshow relationship management, including, Company relationships, Networks, and suppliers, Partnerships among competitors, Government, and not-for-profit organizations, Internal business units, Employees and functional departments, and Buyer partnerships?
- Step nine (9) of strategic management process, according to Scarborough et al is establishingmeasures and controls. State three (3) key performance indicators of any organization of yourchoice. Give context to justify your choices.Strategic strategic. Propose a New Mission for Crispy Krepe Doughnuts Inc 2015 which must include all this 9 components mission statement for the organization :1.Customers: Who are the firms’ customers? 2. Product or services: What are the firms’ products and services? 3. Markets: Geographically, where does the firm compete? 4. Technology – Is the firm technologically current? 5. Concern for survival, growth and profitability? – Is the firm/company committed to growth and financial soundness? 6. Philosophy – What is the basic values, belief, values, aspirations and ethical priorities? 7. Self concept – What is the firm’s distinctive competence or major competitive advantage? 8. Public image - is the firm responsive to social, community and environmental concerns? 9.employees - are employees a valuable asset of the firm? Put the number in the terms bracket example (1) to mention those components is specifics, please create use own words mission on the components which inspiring mission…Propose a New Mission for Crispy Krepe Doughnuts Inc 2015 which must include all this 9 components mission statement for the organization :1.Customers: Who are the firms’ customers? 2. Product or services: What are the firms’ products and services? 3. Markets: Geographically, where does the firm compete? 4. Technology – Is the firm technologically current? 5. Concern for survival, growth and profitability? – Is the firm/company committed to growth and financial soundness? 6. Philosophy – What is the basic values, belief, values, aspirations and ethical priorities? 7. Self concept – What is the firm’s distinctive competence or major competitive advantage? 8. Public image - is the firm responsive to social, community and environmental concerns? 9.employees - are employees a valuable asset of the firm? Put the number in the terms bracket example (1) depands components to mention those components is specifics, please create use own words not take existing mission on the components which…
- Subject: Strategic Management *** Need Asap pls. Thank you. If a firm succeeds in making the customers switch from the competitor's brands to the firm's brands while maintaining its existing customers intact, there will be an increase in the firm's sales. Why/why not?identifying and explaining at least three (3) strategies/objectives/controls of the firm. Forinstance, the main goal of the Jollibee foods corporation founder, Anita Roddick, is to avoid hierarchy in theorganization and for its members to maintain creativity1. State vision and mission statement of your chosen organization, highlight their keyfeatures. Suggest any changes in vision or mission statement if you deem necessary.2. Conduct a SWOT Analysis and develop a Strengths-Weaknesses-OpportunitiesThreats (SWOT) Matrix.3. Analyse long-term objectives and specific strategies of your organization.4. Analyse people, their capability, organization structure and corporate culture issues of your chosen organization, if you think they impacted on its successful strategyexecution.5. Offer recommendations for successful strategy formulation and implementation in yourchosen organization.