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Collaboration in a
business environment is a best practice that leverages the collective knowledge
of the team that is assembled. Peer evaluation and support, provided in the
spirit of continuous improvement and organizational success, result in higher
quality deliverables than what are generally possible by the efforts of an
individual. Complete the following:
Describe
the process that you plan to use to conduct research, identify findings,
and develop the Comprehensive Project that is due in Unit 5.Present
a preliminary outline that indicates how you intend to organize the
project deliverable.
UNIT 5 Assignement Below
ToolsCorp Corporation is
a fictitious company that does exist anywhere. For the purpose of this course,
it is located it in Tennessee. As members of the senior management team of
ToolsCorp Corporation, your group has been asked to prepare a neat and
organized report for the Strategic Officers Steering Committee (SOS-C) of
ToolsCorp Corporation. The purpose of this paper is to obtain permission from
them to go forward with the next step (developing a full-blown business plan)
for ToolsCorp’s strategic initiative to break into the global marketplace.
Your group’s paper should
discuss the following (at a minimum):
A
complete strengths, weaknesses, opportunities, and threats (SWOT) analysis
(including at least 5 factors from each category and full explanations of
why each factor is important and why it was placed in the category) of the
environment that exists within ToolsCorp and the environment that
ToolsCorp is proposingAn
outline of the business plan to be developed for ToolsCorp’s strategic
initiativeA
full mission statement containing the nine components and presented in a
well written paragraphKey
operating principles as you will apply themA
preliminary market analysisThe
one-year, five-year, and ten-year strategic objectives of the strategic
initiatives presented as one strategic proposal for each time frame (3
strategic proposals in all), complete with implementation plans, potential
ramifications, and feedback mechanismsThe
additional material that your group considers necessary to support the
case for going forward with ToolsCorp’s global strategic initiative (This
is not optional, you must input additional material.)
Background Information
ToolsCorp Corporation is
a fictitious company that does exist anywhere. For the purpose of this course,
it is located it in Tennessee. It builds power tools, lawn mowers, lawn
furniture, microwaves, and ranges. All products are manufactured locally and
sold through large retailers. They have sale papers inserted in every Wednesday
and Sunday paper. Although they have a thriving business in the United States
and Canada, ToolsCorp is trying to break into the global marketplace.
Deliverable Length
The deliverable length is
at least 15 pages (cover page and reference page not included). As graduate
business students, you are required to provide a well-researched and analyzed
comprehensive response to every assignment question. Brief, vague, generic, or
nondefinitive responses will not earn good grades.
This assignment requires
a minimum of 15 scholarly sources, a minimum of 1 per page. You are welcome and
encouraged to use the David textbook and the course materials for this course.
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