a new Strategic planning for your company (Your company is a new company in E-commerce.
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- Chosen Company: Walt Disney World In strategic planning, what components would you consider necessary for creating a strategic plan? Using your chosen company for this course, explain what components they use and whether they do a good job of communicating their plan to their workforce.Explain Michael Porter generic strategies that provide a good starting point for strategic thinkingWhen using the strategic management process, firms should start by A) developing a strategic vision, mission and values. B) developing a proven business model, deciding on the company's top management team, and crafting a strategy. setting objectives, developing a business model, crafting a strategy, and deciding how much of the company's resources to employ in the pursuit of sustainable competitive advantage. C) coming up with a statement of the company's mission and communicating it to all employees, setting objectives, selecting a business model, and monitoring developments and initiating corrective adjustments to the business model when necessary. D) deciding on the company's board of directors, setting financial objectives, crafting a strategy, and choosing what business approaches and operating practices to employ.
- Discuss, How can organizations effectively manage conflicting objectives and interests during the strategic planning process?A. Describe the tasks of managing the implementation of a strategic IS plan?B. Identify the factors affecting the success of outsourcing all or part of an IS strategic plan? C. Describe the success factors that affect IS strategic plans?Explain the concept of strategic planning and its role in setting long-term goals and creating a roadmap for success. Provide a case study of a company that effectively utilized strategic planning to expand into new markets or industries and achieve sustainable growth.
- Imagine you are responsible to implement the first phase of Planning in Juran trilogy. What action do you take during this phase? a. Select the Profitable customer b. Achieve higher performance better than the past c. Identify the needs of customer d. Identify the Internal and External customersHow does the process of strategic planning help organizations set goals and objectives that align with their mission and vision?Using a marketing planning framework of your choice, prepare a medium term strategic marketing plan and present it to the board of directors by including the following areas• Strategic intent (Vision/ Mission and Values)• Marketing objectives• Market segmentation - STP• Marketing Strategy - Ansoff’s Matrix, Generic strategies, branding strategy, competitive advantage• Tactics - 7 Ps, Organizational structure • Actions & Control - Balance score card, Budgets, Schedules