MG 495 Week 1 Assignment Help | Park University
- Park University / MG 495
- 30 Aug 2020
- Price: $8
- Other / Other
MG 495 Week 1 Assignment Help | Park University
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.