MG 495 Week 1 Assignment Help | Park University | Assignment Help
- Park University / MG 495
- 22 May 2021
- Price: $7
- Management Assignment Help / Business Management Assignment Help
MG 495 Week 1 Assignment Help | Park University | Assignment Help
Unit 1: Homework
The text states that
strategic decisions are (1) rare, (2) consequential, and (3) directive. These
deal with the long-term future of the entire organization. To aid in the
decision making, the authors suggest an eight step decision-making process.
Found on page 25 in the text, these include: (1) evaluating current performance
results; (2) reviewing corporate governance; (3) scanning and assessing the
external environment; (4) scanning and assessing the internal corporate environment;
(5) analyzing the strategic factors; (6) generating and selecting the best
alternative strategy; (7) implementing selected strategies; and (8) evaluating
implemented strategies. These guidelines for making and evaluating decisions at
a strategic level can be important for leaders.
Open today’s issue
of The Wall Street Journal and look for an article about new moves being
made by a corporation, specifically the decisions that are strategic. At what
level is each of the decisions that you identified?
Functional/Business/Corporate? Why do you believe this to be the case? What is
your assessment of these decisions? Will they be effective? Why? How have you
decided this?
You are to work alone on
the assignment. NOTE: Click "Submit Assignment" in the upper
right hand corner of your screen to turn in your Homework no later than Sunday,
midnight CT. Name your file with your name and the unit number, i.e. Jones1 or
Brown1. Your file should be in either Microsoft word (.doc or .docx) or rich
text (.rtf) format.