how often should an organisation’s vision/mission be changed in light of strategy evaluation activities.
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Question 1
Good business leaders create a vision, articulate the vision, passionately own
the vision, and relentlessly drive it to completion. Discuss how often should
an organisation’s vision/mission be changed in light of strategy evaluation
activities.
CLO 2 : Formulate the organisational vision, mission, goals and objectives of the
organisation
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- 1 (a) Using Southwest Airlines as an example, ex- plain how a mission statement gives it a strategic direction. (b) Create a mission statement for your own career.Case: Publix Super Markets: Its Strategy in the U.S. Supermarket and Grocery Store Industry ASSIGNMENT QUESTIONS 1.What are the chief elements of Publix Super Markets’ strategy? How good is the strategy?Question Onea) From Michael Porter’s Five Forces Model, discuss clearly the structural analysisof the industry environment any three threats affecting the operations of anorganisation like from ZAMTEL b) Explain clearly your understanding of one of the corporate diversificationstrategies called vertical integration. Give an example and state whether it isbackward or forward vertical integration. c) Discuss the external environmental factors that can affect an organisation’sStrategy. d) Define a corporate vision and mission statements and discuss two benefitsof having clearly defined vision and mission statements.
- Question 2 Strategic management is all about identification and description of thestrategies that managers can carry so as to achieve better performance and acompetitive advantage for their organisation. Among all the existing processin an organisation, strategic implementation often considered as the mostdifficult stage in the strategic management process.Discuss the statement above as to your opinion. CLO 3 : Perform internal and external analysis in an organisation Thank you for your afford.Q:Changes in strategy often require changes in the way an organization is structured, evaluate the role of organizational structure in executing effective strategy?Question 4: kindly details answer of both questiins Explain the strategic planning process? What is the role of internet in strategy?
- Strategic management. Proposed Mission Statement of Krispy Kreme Doughnuts Inc 2015. Krispy Kreme Doughnuts provides people of all ages (1) the highest quality doughnuts and coffee (2) in the industry. We actively serve customers across the UnitedStates and globally in more than twenty countries (3). We are proud of our Doughnut Theaters (7), where customers watch fresh hot doughnuts being made and order them while they are still hot. We work diligently with many nonprofits including schools and churches to help with fundraising activities (8). We continually upgrade our production technology (4). We provide our employees with meaningful employment, fair wages, and an ethical workplace (6, 9), while providing a fair return on investment for our shareholders. Please use own words. You are required to create a new mission for the organization like the above mission statement given, which based on 9 components of mission statement as put the numbering in (..) bracket follows above…Subject: Strategic management Q#1) Why strategy evolves over time. Explain with example? Q#2) Mission+vision+objective= Strategic plan, explain with example?What are the difference between Overall Cost Leadership and Differentiation strategy? Writing an organizational Vision is an integral part of a strategy development process. Explain the process of writing Vision and what are the charateristic of a good Vision. ?
- Question Please answer the question with accurate explanations and examples as per the question. Good business leaders create a vision, articulate the vision, passionately ownthe vision, and relentlessly drive it to completion. Discuss how often shouldan organisation’s vision/mission be changed in light of strategy evaluationactivities. (CLO 2 : Formulate the organisational vision, mission, goals and objectives of theorganisation)QUESTION 3 a. As a sole proprietor of Kutlwano Bottle, you desire to expand its operations to include a Liquor Restaurant. You have instructed the manager to assess whether the external macro environment factors support this idea. Explain the different components, giving examples, of each of the Political, Economic, Social and Technological (PEST) factors that the manager should consider. b. The SWOT analysis method is used to assess an organisation's strategic situation to create effective strategies by matching a company's internal resources with its external environment. Tick appropriate boxes below. Strength weeakness opportunities Threats internal external helpful Harmful1. According to your understanding, what does the mission statement mean? 2. Why is it important for the organisation to develop a mission statement? Note:i need to answers (1&2)