Contemporary Marketing (MindTap Course List)
Contemporary Marketing (MindTap Course List)
17th Edition
ISBN: 9781305075368
Author: Louis E. Boone, David L. Kurtz
Publisher: Cengage Learning
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Chapter 2, Problem 2ALR
Summary Introduction

To Discuss: The questions to ask about strategic planning for the division and the overall firm.

Introduction: Strategic planning is a procedure in which hierarchical managers decide their visualization for the future just as recognize their objectives and ideas for the organization. Tactical planning is accomplished for defining short term objectives and action plan so as to accomplish the long term objectives set by the strategic planning in an organization.

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You are creating or operating your own business (manufacturing, service company). According to what you have studied in the contemporary management course, you are required to. Prepare the company’s vision, mission and values. propose the company's SWOT matrix from your point of view through the SWOT analysis, identify the main grand startegy (strategic trend) whithin each grand startegy ( strategic trend), set the main goals (3 or 4 goals) the company seeks to achieve
With a substantive strategic report, how do you show 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 for a company like Walmart?
6 - Why is it important for a firm to study and understand its internal organization?     7 - What is a business model and how do business models differ from business-level strategies?     8 - How do awareness, motivation, and ability affect the firm’s competitive behavior?     9 - What is corporate-level strategy and why is it important?     10 - What motives might encourage managers to over diversify their firm?
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