Business Management Strategy Formulation Assignment Steps:
Write a report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:
– Establish Long-term Goals and Objectives
– Strategy Formulation.
– Indicate the markets that the company will pursue.
– Specify the unique value the company will offer in the selected markets.
– Discuss the resources and capabilities that are required.
– Analyze how the company will capture value and sustain competitive advantage over time.
Business Management Strategy
– Consider Cost and Differentiation Advantages.
– Describe the Corporate Strategy.
– Investigate Vertical Integration.
– Describe Strategic Alliances.
– Detail the Company Competitive Advantage.
– Generate an Organizational Chart of the company you selected.
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