MGT 526 Week 2 Discussion | University of Phoenix
- University of Phoenix / MGT 526
- 16 Aug 2022
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MGT 526 Week 2 Discussion | University of Phoenix
Discussion Topic
Due Day 3
The global business environment is constantly evolving
based on the forces in the general and task environment. In order to sustain
the company and maintain a competitive foothold, organization leaders must
consistently analyze the global environment and adjust their strategy as
needed. Managers play an important role in implementing strategies to achieve a
company’s mission and goals.
Research a company with stockholder reports available.
These reports can usually be found on a company’s website. Use the report to
answer the following questions:
·
What is (are) the main industry(ies) in which the company
competes?
·
What business-level strategy does the company seem to be
pursuing in this industry? Why?
·
What corporate-level strategies is the company pursuing? Why?
·
Have there been any major changes in its strategy recently? Why?
Share how your understanding of the above questions
can apply to a SWOT analysis. (For example, if you recognize that a major
change in strategy revolves around expanding into foreign markets, that relates
to the opportunities component of a SWOT analysis.)