Below is the levels of organizational strategies and the decision-makers 1. Corporate  Level: Chief Executive Order 2. Division Level  Division President/Executive Vice President 3. Functional Level Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers 4. Operational Level  Plant managers, sales managers, production and department managers Scenario  You and a group of enthusiastic colleagues have recently graduated from university, and are eagerly discussing a possible joint entrepreneurial venture, focusing on the production of environmentally friendly electric vehicles. To fund this new venture, the team has been advised to come up with a solid implementation plan, supported by the strategy implementation framework to include detailed information on the business concept, strategic vision, mission, revenue model, financial objectives, and projections and much more. The rising use of hybrid and environmentally friendly electric vehicles (EVs) represents a significant shift in the automotive industry, with various factors contributing to its increasing popularity, environmental awareness and climate change concerns topping the list. Considering how competitive the business sector is today, it is important that you also consider various alternative organizational strategies, as well as develop a sustainable competitive advantage, to remain financially viable.    Requirement: Being a start-up company, identify the key levels of organizational strategies,  discussed in the course (see above) that your team should focus on.  Identify the decision-makers throughout the organizational levels. tailor the responsibilities of decision-makers at each organizational level to be more closely related to the scenario of starting a venture in environmentally friendly electric vehicles:

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

Below is the levels of organizational strategies and the decision-makers

1. Corporate  Level:

  • Chief Executive Order

2. Division Level

  •  Division President/Executive Vice President

3. Functional Level

  • Finance, Marketing, R&D, Manufacturing, Information Systems and Human Resource Managers

4. Operational Level

 Plant managers, sales managers, production and department managers

Scenario 

You and a group of enthusiastic colleagues have recently graduated from university, and are

eagerly discussing a possible joint entrepreneurial venture, focusing on the production of

environmentally friendly electric vehicles. To fund this new venture, the team has been advised to

come up with a solid implementation plan, supported by the strategy implementation framework

to include detailed information on the business concept, strategic vision, mission, revenue model,

financial objectives, and projections and much more. The rising use of hybrid and environmentally

friendly electric vehicles (EVs) represents a significant shift in the automotive industry, with

various factors contributing to its increasing popularity, environmental awareness and climate

change concerns topping the list. Considering how competitive the business sector is today, it is

important that you also consider various alternative organizational strategies, as well as develop a

sustainable competitive advantage, to remain financially viable. 

 

Requirement:

Being a start-up company, identify the key levels of organizational strategies,  discussed in the course (see above) that your team should focus on. 

  • Identify the decision-makers throughout the organizational levels.
  • tailor the responsibilities of decision-makers at each organizational level to be more closely related to the scenario of starting a venture in environmentally friendly electric vehicles:
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON