Solution MGT 498 Final Exam

Solution MGT 498 Final Exam in $8 only

1) In a survey of 50 corporations, which of the following was rated as a benefit of strategic management?
2) Research suggests that strategic management evolves through four sequential phases in corporations. The first phase is
3) Strategic management is that set of managerial decisions and actions that determine the long run performance of a corporation. Which one of the following is NOT one of the basic elements of the strategic management process?
4) The relationship among the board of directors, top management, and shareholders is referred to as
5) The concept that proposes private corporations have responsibilities to society that extend beyond making a profit is known as
6) Who said that the social responsibility of business is a fundamentally subversive doctrine and that the one social responsibility of business is to use its resources and engage in activities designed to increase its profits so long as it stays with the rules of the game… ?

MGT 498 Full Week 5

MGT 498 Full Week 5 

The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.

Create a 2,000- to 3,000-word strategic plan for Riordan Manufacturing starting from what you learned in Week One and using a similar strategic management process as Concepts in Strategic Management and Business Policy by Wheelen and Hunger. You may also use information from the team project you completed for Riordan Manufacturing in Week Four to create the strategic plan.

Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.

Conduct a thorough environmental scan (internal and external) for Riordan.

Identify three competitive advantages for Riordan

Develop a strategic plan for Riordan based on the competitive advantages your team has identified.

Through the process of creating a strategic plan, you should Address the following questions:

o    Why does Riordan need a strategic plan?

o    What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?

o    What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to improve innovation and sustainability in both domestic and international applications?

o    What measurement guidelines should be used to verify strategy effectiveness?

o    What internal dynamics along with cultural and structural leadership considerations should be used in implementing business strategy for Riordan?

o    How do they influence business continuity?

o    What assessment and feedback controls should be used to determine the direction to take Riordan? If the strategy of Riordan does not go according to plan, at what point would you consider altering the strategic plan you have suggested

Explain and justify all of the decisions you have made for your strategic plan, using research and understanding learned from the reading material

Format your paper according to APA standards

Reference the course text book as your primary source.

Present a completed strategic plan to the board of directors for Riordan Manufacturing.

Outline your strategic plan for Riordan Virtual Organization in a 20- to 30-slide presentation using Microsoft® PowerPoint®

Describe why Riordan needs a plan, and walk the audience through every step in the strategic management process.

Include ethical considerations, environmental scanning for competitive advantages, innovation and sustainability considerations, measurement guidelines, internal dynamic and resource considerations for strategy implementation, and what feedback considerations Riordan should put into place to ensure the success of the company.

Keep your audience in mind and make your strategic plan convincing.

How has globalization affected the measurement process in an organizations strategy? Provide an example of a company that has changed its measurement process due to globalization. What changes were made to the company’s measurement process?

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Answer include following file:

  1. MGT 498 Week 5 Learning Team Assignment Learning Team Reflection.doc
  2. Week 5 Summary.doc
  3. MGT 498 Week 5 Learning Team Assignment Strategic Plan Paper.doc
  4. MGT 498 Week 5 Learning Team Assignment Strategic Plan Presentation.pptx

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MGT 498 Week 4 Learning Team Assignment Competitive Advantages Paper

MGT 498 Week 4 Learning Team Assignment Competitive Advantages Paper

Use the Riordan Virtual Organization and research from last week’s Environmental Scan Paper for this assignment.

o    Decide which competitive advantages Riordan has in common with the companies researched last week, and estimate which competitive strategies Riordan could use to improve innovation and sustainability of business operations both in the United States and in the global market.

o    Explain why you chose these competitive strategies and estimate how they might affect sustainability of long-term organizational performance.

o    Explain how the global market would affect the business strategy of Riordan.

Summarize your findings in a 700- to 900-word paper.

Format your paper according to APA standards.

What steps need to be taken before we implement an organizational strategy? Why are time frames so important to the implementation of an organizations strategy? What role does the sequence of execution play?

How would control processes and metrics differ between various types of organizations? Include an example of control processes or metrics for each type (minimum of three) of organization in your answer.

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MGT 498 Week 4 Learning Team Assignment Competitive Advantages Paper.doc

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MGT 498 Week 3 Individual Assignment Environmental Scan Paper

MGT 498 Week 3 Individual Assignment Environmental Scan Paper

English: Wikimedia Strategic Planning process

Write a 800- to 1,000-word paper in which you complete the following:

o    Research and describe the internal and external environments of 2 to 3 real-world companies using an environmental scan. (Please research a company other than your current or previous employers.)

o    Determine what competitive advantages each company has and what strategies each company is using.

  • How does each company create value and sustain competitive advantage through business strategy?
  • What measurement guidelines is each company using to verify its strategic effectiveness?
  • How effective are the measurement guidelines that each company is using?

Format your paper according to APA standards.

A company develops their strategic plan through a process that begins with an environmental scan to identify their competitive advantages. Those competitive advantages should then be used to identify areas where they should pursue a strategic plan to create sustained competitive advantage. However, after the implementation of these strategic plans continued metrics are necessary. Why do we want to create measurement devices early in the strategy process? How do metrics allow us to track the strategy process once it is implemented? How is environmental scanning helpful in choosing the appropriate metric guidelines to use?

Using the process you have learned in this course, research a multi-national corporation, other than your current or previous employers, and identify their competitive advantages. Describe how a competitive advantage is identified by an organization and its relationship to a strategic plan. Describe the strategic process and its importance to effective strategic management.

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MGT 498 Week 3 Individual Assignment Environmental Scan Paper.doc

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MGT 498 Week 2 Individual Assignment Ethics Paper

MGT 498 Week 2 Individual Assignment Ethics Paper

Ethics and Technology

Write a 400- to 500-word paper in which you do the following:

o    Explain the role of ethics and social responsibility in developing a strategic plan while considering stakeholder needs and agendas.

o    Include at least one example of a company overstepping ethical boundaries for stakeholder agendas, and what types of preventative measures could be taken to avoid this type of situation. (Please research a company other than your current or previous employers.)

Format your paper according to APA standards.

Provide an example of a company that used unethical behavior to gain profit. What was the unethical behavior and why was the behavior unethical? How did this unethical behavior affect the company?    (Please choose a company other than those in the finance or banking industries)

What is involved in an environmental scan, both internal and external? Reference your course textbook and provide at least four internal and four external considerations an organization should evaluate as part of their internal and external environmental Scan. How is an environmental scan different than a traditional SWOT analysis?

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MGT 498 Week 2 Individual Assignment Ethics Paper.doc

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MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

MGT 498 Week 1 Individual Assignment Strategic Management Process Paper

CSS Management: Rachel

Write a 350- to 400-word paper in which you complete the following:

o    Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company.

o    Research at least one company and describe the strategic management process that the company uses. (Please research a company other than your current or previous employers.)

Format your paper according to APA standards.

Describe the basic model of strategic management as outlined in your course readings. Why is a strategic management process essential to the success of an organization?

Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization’s stakeholders? Who are all of the stakeholders that should be considered when determining a strategic plan?

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MGT 498 Week 1 Individual Assignment Strategic Management Process Paper.doc

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If you need any type of help regarding Homework, Assignments, Projects, Case study, Essay writing or any thing else then just email us at [email protected]solvemyquestion.com.  We will get back to you ASAP. Do not forget to maintain the time frame you need you work to be done.