mba699_personalactionplan

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.

Which among the following is one of the advantages of the McKinsey 7S model 1 It is considered a long-term modelWith the changing nature of businesses, it remains to be seen how the model will adapt. 2 It seems to rely on internal factors and processes and may be disadvantageous in situations where external circumstances influence an organization. 3 It is considered a longstanding theory, with numerous organizations adopting the model over time.

1. Why is business plan important when planning a business? 2. Why is knowledge about the structures of markets in which the firms operate important? How could this be of help to you in order to understand the differences in prices and services? 3. What is the importance of a business plan?

Give an real life situation example of the following : 1. Task Delagator 2. Strategic Planner

1. Explain the suitability of scenario planning in a highly volatile and turbulent business environment. 2. Explain THREE corporate-level strategies of a organization to decide the future direction of the business

1. The Importance of Planning:   000   Planning is a fundamental aspect of achieving goals and objectives. Whether in personal endeavors or professional projects, a well-thought-out plan provides a roadmap for success. It helps in organizing tasks, allocating resources efficiently, and anticipating potential challenges. Without a solid plan, individuals and organizations may find themselves navigating through uncertainty and facing unnecessary hurdles   2. Strategic Planning in Business:   In the business world, strategic planning plays a pivotal role in shaping the future of an organization. It involves setting clear goals, identifying key performance indicators, and formulating strategies to achieve them. A well-crafted business plan not only guides day- to-day operations but also facilitates adaptability in a dynamic market. How do successful businesses strike a balance between detailed planning and the need for flexibility in today's fast-paced environment?   3. Personal Planning…

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Speculate on Square’s future. What current and future trends may further shape the company?

How exactly does contingency planning function?

Which SWOT Analysis  Factors are considered to have an Internal Focus? Select one: a. Strengths and Weaknesses b. Weaknesses and Opportunities c. Strengths and Threats d. Threats and Opportunities

SHORT ANSWER If you were a business owner, which of these goals might you be able to accomplish using the framework of Theory Z or Theories X and Y? Could you use Theory Z to work on one goal and use Theories X and Y to work on another goal, thereby accomplishing two goals with these theories by using a different approach on each of the two goals? Goal 1: Improve quality of a product or service. Goal 2: Improve employee collaboration. Goal 3: Foster decision making skills in the workforce. Goal 4: Develop and maintain a successful workforce in a global environment. Goal 5: Develop strong leadership in the work place. Goal 6: Foster adherence to organizational values, ethics, and professional responsibility.

The table below lists several steps involved in tactical planning. For each step listed, indicate whether it is associated with the development or the execution of tactical plans. Communicate throughout process Determine human resource needs Identify the time constraints involved Obtain information needed Understand strategic plans Developing Executing O

As a consultant to Karen, how would you recommend she address the four (4) issuesidentified in part 1 (1) at BLC. These solutions must be specific and realistic. You mustindicate why you have chosen these recommendations. Your recommendations mustbe backed up by strong evidence (course readings, discussions, outside research).

What is the role of SWOT analysis in the planning process? How can organizations useSWOT analysis to make better decisions?

A management science solution can be either a recommended decision or information that helps a manager make a decision. Discuss

1- Entrepreneurs must set goals that are  Specific, Masked, Actionable, Reasonable, Tacy Specific, Masked, Actionable, Reasonable, Time bound Special, Metered, Actionable, Reasonable, Timely Specific, Measurable, Actionable, Relevant, Time-bound   2- According to Mark Cuban, the #1 reason why entrepreneurs fail is Lack of money, lack of energy Lack of brain, lack of hard work Lack of family and professional connections Lack of good idea   3- Starting a new business guarantees freedom True False   4- Who is an intrapreneur? People who are responsible for internal activity in an entrepreneurial venture people who independantly set up big organizations people who take up entrepreneurial activity as part of a bigger organization   5- Successful entrepreneurs have following qualities They are highly emotional None of the above They care too much for self-respect They are very creative

Read the following extract and then answer the questions below. There is no doubt about the importance of a business plan in any business undertaking. A business must draw up a plan and formulate appropriate strategy/strategies to translate its plan into reality to be successful. Fortunately, they are many strategies and models already developed that individual companies could choose from and apply to suit its special situation. The managing director of company XYZ Pty Ltd has asked to remind him on the Ansoff Matrix because he once learnt about briefly in one of the workshops, he attended 3 years back. He wants to revise his plan and incorporate new strategies this time around. With an aid a diagram discuss the Ansoff Matrix (25 marks)

DONUT DAY AT THE OFFICE Part 5 Derek: We need someone we can trust who can divide up the donuts. One set of rules and what we've done in the past can't always be applied here. If we had an impartial judge or two in the mix, someone who doesn't like donuts perhaps, they could take into account all of the changing factors impacting our donut sphere and make up rules that will bring glazed-happiness to all who they think need it. End Part 5     Legal realism school of thought.   Irrational forces perspective.   Sociological school of thought.   Critical legal studies school of thought.

Short answers:   Explain what is earnings management and how it related to decision making?   earnings management : The planned timing of revenues, expenses, gains, and losses to smooth out bumps in earnings.   how it reated to decision making: ?

share 3 takeaways that you have learned about decision making, planning and goal setting in management

What are the four major external threats facing Chipotle Mexican Grill and the four major opportunities? Realizing the importance of quantification in stating key factors, how could your factors be quantified? Identify specific estimates (numbers) for your factors.

Write down 5 questions based on the information below about the program or the program being in a school?

Conducting a SWOT analysis is a powerful way to evaluate your company or project, whether you are a 2-people or 500-people company.   Analyse the business environment for one of the company, “McDonald’s” OR “TESCO” by using SWOT analysis.   You are required to provide example for each component in the SWOT analysis.

As a healthcare manager, how can I use the strategic planning information Providing 1 example? With leadership and Care as my specific skills or competencies, how do the two enhance or reveal areas for improvement? and How does it apply to your organization?

(1) Why is collaboration between employee andmanager essential to goal setting in MBO? (2) Howcan overly narrow goals and overly challenging goalscontribute to ethical lapses?