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MGT 498 Entire Course (No Final Guide)
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MGT 498 Week 1 Individual Assignment Strategic Planning and
Strategic Management
MGT 498 Week 1 Discussion Question 1
MGT 498 Week 2 Team Assignment Building a Competitive
Advantage (2 Papers)
MGT 498 Week 2 Individual Assignment Ethics and Social
Responsibility (2 Papers)
MGT 498 Week 3 Signature Assignment Environmental Scanning
MGT 498 Week 4 Team Assignment Long Term Strategies and
Globalization
MGT 498 Week 4 Assignment Strategy Formulation

MGT 498 Week 5 Strategy Implementation, Evaluation and Control
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MGT 498 Entire Course (With Final Guide
Dec 2016)
MGT 498 Week 1 Individual Assignment Strategic Planning and
Strategic Management
Advantage (2 Papers)

MGT 498 Week 2 Individual Assignment Ethics and Social
Responsibility (2 Papers)
Globalization
MGT 498 Week 4 Assignment Strategy Formulation
MGT 498 Week 5 Strategy Implementation, Evaluation and Control
MGT 498 Final Exam Guide (Dec 2016)
********************************************************
MGT 498 Final Exam Guide (Dec 2016)

All assets capabilities organizational processes firm attributes
information knowledge and so on controlled by a firm that enable the
firm to conceive of and implement strategies that improve its
efficiency and effectiveness most accurately defines the term _____.
resources
functions
capabilities
priorities
Which of the following statements is true of corporate culture?
Put simply, culture is just how things are done in any organization.
Culture proves to be very weak because it cannot inform action
without the need for supervision.
It consists of behavioral assumptions that are considered inappropriate
for organizational members.
An organization’s culture, by itself, can be regarded as good.
A(n) _____ is a legal structure for organizing a business where the
organization is a distinct and separate entity from its owners.
corporation
proprietorship
limited partnership
general partnership
Walker and Harris are senior research fellows at a global non-profit
organization. They are working on a project that studies the growth
trend of a multinational corporation, Garcia Inc. When Walker and
Harris decide to consolidate their study findings, Walker is of the
opinion that Garcia is in the ‘change process’ phase, while Harris
believes that the company is in the ‘refreeze’ phase. Which of the
following statements, if true, would strengthen Harris’ belief?
Garcia Inc. publicly admits that the current situation is not working.
Garcia Inc. decides to adapt to its environment and learn new growth-
inducing behaviors.

Garcia Inc. adopts a trial and error method to decide on the best
growth strategy.
Garcia Inc. formalizes and institutionalizes its new growth strategies.
TrueBiz Corp. follows a system wherein all the activities of the
company are directed toward converting parts of a product into an
entire finished good. These activities are done in tandem so that a
perfected product can be created which can be sold to a prospective
customer. This is an example of a _____.
pricing chain
supplier chain
value chain
product line
Jason a visually impaired employee of Melony Inc. believes that his
workplace has given him independence and self-confidence, thereby
increasing his morale. Which of the following has been exemplified
by Melony in this scenario?
Superordinate goal
Social value
Legal responsibility
Capacity building
Which of the following is the main purpose of a strategic management
process?
Creating a high-level plan that can be implemented without fierce
competition and undue risk
Ensuring that all employees have managers and supervisors to lead
their teams
Specifying a high-level plan that an organization will employ to
achieve competitive advantage
Creating an organization that functions systematically according to its
vision, mission, and goals
BizTechno Inc. has always retained competitive advantage over its
competitors. The company has offered customer satisfaction for many
years by providing the best services and benefits for them. The
resources, capabilities, and the organizational structure of the
organization have also created an increased edge over its competitors.
Which of the following does this scenario best illustrate?
Employee specialization

Value chain
Business model
Task specialization
A tool that measures four broad areas of organizational performance
which are financial results, customer goals, internal business
processes, and learning and growth is called the _____.
metric tool
performance indication register
manager’s log
balance scorecard
Ruth works for an electronics manufacturing company, Zeeway Inc.,
whose employees volunteer over 1 million hours per year on
initiatives that include environmental conservation, economic
empowerment, and literacy programs. Which of the following best
represents Zeeway’s initiative?
Competition response strategy
Strategic alliance
Corporate social responsibility
Incremental innovation
Rest & Sleep Inc. is a mattress manufacturing firm. By manufacturing
related products such as bed covers, comforters and quilts, and
pillows, it has gained significant competitive advantage as it has
managed to create profits in all these markets as well. Rest & Sleep
creates a challenge for the other companies in the market by providing
unique value through its customer services and warranties. Which of
the following terms best describes what Rest & Sleep Inc. is
practicing?
Business unit strategy
Market penetration
Corporate strategy
Unrelated diversification
Summer Corp., a retailer of consumer electronics, has been
experiencing high profits because an increasing percentage of the
customers have sufficient disposable income to afford its products.
Similar companies have also experienced a boom in customer
demand. Which of the following macroeconomic forces is Summer
Corp. experiencing?

Currency exchange rate
Inflation
Economic growth
Interest rate
MorrisWhitaker Inc., a metallurgical firm, wants to create a new
production plan. This step involves formalizing and institutionalizing
new behaviors, methods, processes, or routines. This is an example of
the _____ phase of organizational change.
unfreezing
refreezing
monitoring
changing
Which of the following statements is true about strategic alliances?
Strategic alliances exclude functions that are bought through bidding.
In strategic alliances, the power to make decisions is always evenly
distributed amidst the firms.
Strategic alliances usually lead to one of the firms losing their
relational advantage.
In strategic alliances, companies may choose to cooperate at any stage
along the value chain.
The management at WonderPlanners Inc. wants to improve their
production and operating capabilities by adopting a leaner process. As
such, the employees of WonderPlanners are asked to eliminate the
excess use of efforts and materials. WonderPlanners Inc. finally
manages to achieve a competitive advantage after its employees
follow these new practices repeatedly over time. From the
information given in this scenario, we can infer that WonderPlanners
Inc. has developed _____.
service inimitability
dynamic capabilities
competitive parity
network externalities
Katherine is the CEO of a car dealership company called Red Cars.
When looking for new investors for the company, she usually says
that Red Cars wants to, “Be the best automotive retailer in the eyes of
its customers, employees, and shareholders.” Which of the following
does this statement best reflect?

Red Cars’ mission
Red Cars’ resource
Red Cars’ capabilities
Red Cars’ strategy
CharmingBells Inc. has been running into a loss gradually, but the
board of directors are reluctant to shut the company down because it
has invested millions of dollars’ worth of equipment which can only
be used in that industry. Moreover, the people in CharmingBells Inc.
have become emotionally attached to the company and do not want
the company completely shut down. This scenario best illustrates
_____.
high exit barriers
used production capacity
unused production capacity
high fixed costs
SevenCloud Inc., a soft drink company, provided service to fair
amount of customers for a whole year until a new company called
Sparkle Inc. came up. Sparkle provided flavored water as a new
product in the beverage market. Customers were eager to try out this
new product and purchased it because they believed that it a better
substitute for aerated beverages. SevenCloud was afraid that if the
trend continued, it would soon run the risk of going out of business. In
this scenario, which of the following did SevenCloud Inc. experience?
Opportunity
Merger
Weakness
Threat
Which of the following statements is true of a fragmented industry?
It is characterized by rivalry that is typically less intense.
It usually has very few competitors and tends to be dominated by a
few large firms.
It involves companies selling the same brand of products that are
scattered in different locations.
It is difficult to keep track of the pricing and competitive moves of
multiple players.
An organization studies the strategies of its competitors closely. At
the current stage, it studies factors such as geographic location,

characteristics of business model, services provided, and time
management. At this stage, the organization is identifying the
competitor’s _____.
resources and capabilities
organizational structure
objectives
goals and achievements
A reduction in costs per unit due to increases in efficiency of
production as the number of goods being produced increases best
defines the term _____.
economies of scale
economies of scope
economies of finance
economies of wealth
Blue Corp., a car manufacturing company, reaches its five-year goal
of becoming market leader in the domestic market. Upon reaching
saturation in the local market, it decides to expand its market globally
in order to increase its profits. Which of the following is likely to be
the primary reason for Blue to enter the global market?
Longer product life
Sales growth
Lower-cost resources
Product differentiation
The management of Neptune Inc. creates a definite plan of action that
will surely create profits for the company. It allocates and
sectionalizes its machinery and personnel. The main office is moved
to a prime location that helps attract customers and facilitates
competitive development. This plan of action helps Neptune Inc.
retain its competitive advantage and has also grow as a company.
Which of the following terms does this scenario best illustrate?
Strategic management process
Strategic tools
Functional strategy
A software industry implements a new structural change in the
corporate hierarchy. Employees are provided with a clear statement of

desired outcomes and endpoints for organizational change. This is an
example of _____.
creating a response profile
creating a vision
building a guiding coalition
agenerating urgency
Which of the following statements is true about strategy?
It represents the most important S in the 7 S model.
It includes recruitment, hiring, training, promotion, and
compensation.
It refers to the priorities, values, and virtues that members of an
organization see as important.
It is the ability of an individual to perform tasks.
The relatively fixed costs such as the costs of plant and equipment,
which do not increase with an increase in the number of units
manufactured, are known as _____.
fixed cost of production
fixed cost of supply
fixed cost of demand
fixed cost of scale
Godwel Inc., an insurance company, wants to assign accountability
for particular tasks. It wants to measure the performance of every unit
of the company. Which of the following organizational elements will
help Godwel accomplish the given task?
Style
Skill
Strategy
Structure
Noel, the CEO of a firm operating in the electronics industry, wants to
change the environmental trends, store keeping facilities, and
distribution strategy by creating a new plan for the production plant
immediately. This need for change can be achieved by _____.
refreezing
gernerating urgency

Which of the following statements best describes the term internal
analysis?
It examines the efficiency of employees through the help of
standardized tests and group discussions.
It examines a company’s resources and capabilities to configure a
firm’s ability to deliver unique value.
It studies the infrastructure of a company to gauge the number of
employees it can recruit.
It examines the emotions of a firm’s employees in order to identify
their weaknesses.
A survey is conducted among the customers of a supermarket chain.
This survey reveals that the majority of these customers prefer to buy
Lia, a brand of soap, because they feel that the company Lia Products
Inc. has created a product that is of worth to the customers. The
reason for the customers’ preference is because the company
constantly delivers what it promises. In this scenario, the factor that
has made the brand of soap named Lia popular among these
customers can be best categorized as _____.
rarity
prestige
value
inimitability
********************************************************
MGT 498 Final Exam Guide (Mar 2019)

All assets capabilities organizational processes firm attributes
information knowledge and so on controlled by a firm that enable the
firm to conceive of and implement strategies that improve its
efficiency and effectiveness most accurately defines the term _____.
resources
functions
capabilities
priorities
Which of the following statements is true of corporate culture?
Put simply, culture is just how things are done in any organization.
Culture proves to be very weak because it cannot inform action
without the need for supervision.
It consists of behavioral assumptions that are considered inappropriate
for organizational members.
An organization’s culture, by itself, can be regarded as good.
A(n) _____ is a legal structure for organizing a business where the
organization is a distinct and separate entity from its owners.
corporation
proprietorship
limited partnership
general partnership
Walker and Harris are senior research fellows at a global non-profit
organization. They are working on a project that studies the growth
trend of a multinational corporation, Garcia Inc. When Walker and
Harris decide to consolidate their study findings, Walker is of the
opinion that Garcia is in the ‘change process’ phase, while Harris
believes that the company is in the ‘refreeze’ phase. Which of the
following statements, if true, would strengthen Harris’ belief?
Garcia Inc. publicly admits that the current situation is not working.
Garcia Inc. decides to adapt to its environment and learn new growth-
inducing behaviors.
Garcia Inc. adopts a trial and error method to decide on the best
growth strategy.

Garcia Inc. formalizes and institutionalizes its new growth strategies.
TrueBiz Corp. follows a system wherein all the activities of the
company are directed toward converting parts of a product into an
entire finished good. These activities are done in tandem so that a
perfected product can be created which can be sold to a prospective
customer. This is an example of a _____.
pricing chain
supplier chain
value chain
product line
Jason a visually impaired employee of Melony Inc. believes that his
workplace has given him independence and self-confidence, thereby
increasing his morale. Which of the following has been exemplified
by Melony in this scenario?
Superordinate goal
Social value
Legal responsibility
Capacity building
Which of the following is the main purpose of a strategic management
process?
Creating a high-level plan that can be implemented without fierce
competition and undue risk
Ensuring that all employees have managers and supervisors to lead
their teams
Specifying a high-level plan that an organization will employ to
achieve competitive advantage
Creating an organization that functions systematically according to its
vision, mission, and goals
BizTechno Inc. has always retained competitive advantage over its
competitors. The company has offered customer satisfaction for many
years by providing the best services and benefits for them. The
resources, capabilities, and the organizational structure of the
organization have also created an increased edge over its competitors.
Which of the following does this scenario best illustrate?
Employee specialization
Value chain
Business model

Task specialization
A tool that measures four broad areas of organizational performance
which are financial results, customer goals, internal business
processes, and learning and growth is called the _____.
metric tool
performance indication register
manager’s log
balance scorecard
Ruth works for an electronics manufacturing company, Zeeway Inc.,
whose employees volunteer over 1 million hours per year on
initiatives that include environmental conservation, economic
empowerment, and literacy programs. Which of the following best
represents Zeeway’s initiative?
Competition response strategy
Strategic alliance
Corporate social responsibility
Incremental innovation
Rest & Sleep Inc. is a mattress manufacturing firm. By manufacturing
related products such as bed covers, comforters and quilts, and
pillows, it has gained significant competitive advantage as it has
managed to create profits in all these markets as well. Rest & Sleep
creates a challenge for the other companies in the market by providing
unique value through its customer services and warranties. Which of
the following terms best describes what Rest & Sleep Inc. is
practicing?
Market penetration
Corporate strategy
Unrelated diversification
Summer Corp., a retailer of consumer electronics, has been
experiencing high profits because an increasing percentage of the
customers have sufficient disposable income to afford its products.
Similar companies have also experienced a boom in customer
demand. Which of the following macroeconomic forces is Summer
Corp. experiencing?
Currency exchange rate
Inflation

Economic growth
Interest rate
MorrisWhitaker Inc., a metallurgical firm, wants to create a new
production plan. This step involves formalizing and institutionalizing
new behaviors, methods, processes, or routines. This is an example of
the _____ phase of organizational change.
unfreezing
refreezing
monitoring
changing
Which of the following statements is true about strategic alliances?
Strategic alliances exclude functions that are bought through bidding.
In strategic alliances, the power to make decisions is always evenly
distributed amidst the firms.
Strategic alliances usually lead to one of the firms losing their
relational advantage.
In strategic alliances, companies may choose to cooperate at any stage
along the value chain.
The management at WonderPlanners Inc. wants to improve their
production and operating capabilities by adopting a leaner process. As
such, the employees of WonderPlanners are asked to eliminate the
excess use of efforts and materials. WonderPlanners Inc. finally
manages to achieve a competitive advantage after its employees
follow these new practices repeatedly over time. From the
information given in this scenario, we can infer that WonderPlanners
Inc. has developed _____.
service inimitability
dynamic capabilities
competitive parity
network externalities
Katherine is the CEO of a car dealership company called Red Cars.
When looking for new investors for the company, she usually says
that Red Cars wants to, “Be the best automotive retailer in the eyes of
its customers, employees, and shareholders.” Which of the following
does this statement best reflect?
Red Cars’ mission
Red Cars’ resource

Red Cars’ capabilities
Red Cars’ strategy
CharmingBells Inc. has been running into a loss gradually, but the
board of directors are reluctant to shut the company down because it
has invested millions of dollars’ worth of equipment which can only
be used in that industry. Moreover, the people in CharmingBells Inc.
have become emotionally attached to the company and do not want
the company completely shut down. This scenario best illustrates
_____.
high exit barriers
used production capacity
unused production capacity
high fixed costs
SevenCloud Inc., a soft drink company, provided service to fair
amount of customers for a whole year until a new company called
Sparkle Inc. came up. Sparkle provided flavored water as a new
product in the beverage market. Customers were eager to try out this
new product and purchased it because they believed that it a better
substitute for aerated beverages. SevenCloud was afraid that if the
trend continued, it would soon run the risk of going out of business. In
this scenario, which of the following did SevenCloud Inc. experience?
Opportunity
Merger
Weakness
Threat
Which of the following statements is true of a fragmented industry?
It is characterized by rivalry that is typically less intense.
It usually has very few competitors and tends to be dominated by a
few large firms.
It involves companies selling the same brand of products that are
scattered in different locations.
It is difficult to keep track of the pricing and competitive moves of
multiple players.
An organization studies the strategies of its competitors closely. At
the current stage, it studies factors such as geographic location,
characteristics of business model, services provided, and time

management. At this stage, the organization is identifying the
competitor’s _____.
resources and capabilities
organizational structure
objectives
goals and achievements
A reduction in costs per unit due to increases in efficiency of
production as the number of goods being produced increases best
defines the term _____.
economies of scale
economies of scope
economies of finance
economies of wealth
Blue Corp., a car manufacturing company, reaches its five-year goal
of becoming market leader in the domestic market. Upon reaching
saturation in the local market, it decides to expand its market globally
in order to increase its profits. Which of the following is likely to be
the primary reason for Blue to enter the global market?
Longer product life
Sales growth
Lower-cost resources
Product differentiation
The management of Neptune Inc. creates a definite plan of action that
will surely create profits for the company. It allocates and
sectionalizes its machinery and personnel. The main office is moved
to a prime location that helps attract customers and facilitates
competitive development. This plan of action helps Neptune Inc.
retain its competitive advantage and has also grow as a company.
Which of the following terms does this scenario best illustrate?
Strategic management process
Strategic tools
Functional strategy
A software industry implements a new structural change in the
corporate hierarchy. Employees are provided with a clear statement of
desired outcomes and endpoints for organizational change. This is an
example of _____.

creating a vision
agenerating urgency
Which of the following statements is true about strategy?
It represents the most important S in the 7 S model.
It includes recruitment, hiring, training, promotion, and
compensation.
It refers to the priorities, values, and virtues that members of an
organization see as important.
It is the ability of an individual to perform tasks.
The relatively fixed costs such as the costs of plant and equipment,
which do not increase with an increase in the number of units
manufactured, are known as _____.
fixed cost of production
fixed cost of supply
fixed cost of demand
fixed cost of scale
Godwel Inc., an insurance company, wants to assign accountability
for particular tasks. It wants to measure the performance of every unit
of the company. Which of the following organizational elements will
help Godwel accomplish the given task?
Style
Skill
Strategy
Structure
Noel, the CEO of a firm operating in the electronics industry, wants to
change the environmental trends, store keeping facilities, and
distribution strategy by creating a new plan for the production plant
immediately. This need for change can be achieved by _____.
refreezing
gernerating urgency
Which of the following statements best describes the term internal
analysis?

It examines the efficiency of employees through the help of
standardized tests and group discussions.
It examines a company’s resources and capabilities to configure a
firm’s ability to deliver unique value.
It studies the infrastructure of a company to gauge the number of
employees it can recruit.
It examines the emotions of a firm’s employees in order to identify
their weaknesses.
A survey is conducted among the customers of a supermarket chain.
This survey reveals that the majority of these customers prefer to buy
Lia, a brand of soap, because they feel that the company Lia Products
Inc. has created a product that is of worth to the customers. The
reason for the customers’ preference is because the company
constantly delivers what it promises. In this scenario, the factor that
has made the brand of soap named Lia popular among these
customers can be best categorized as _____.
rarity
prestige
value
inimitability
********************************************************
MGT 498 Final Exam Guide (New, 2019)

1 1) In a survey of 50 corporations, which of the following was rated
as a benefit of strategic management?
2) Research suggests that strategic management evolves through four
sequential phases in corporations. The first phase is
3) Strategic management is that set of managerial decisions and
actions that determine the long-run performance of a corporation.
Which one of the following is NOT one of the basic elements of the
strategic management process?
4) The relationship among the board of directors, top management,
and shareholders is referred to as
5) The concept that proposes private corporations have
responsibilities to society that extend beyond making a profit is
known as
6) Who said that the social responsibility of business is a
"fundamentally subversive doctrine" and that the one social
responsibility of business is "to use its resources and engage in
activities designed to increase its profits so long as it stays with the
rules of the game..."?
7) Which of the following is NOT descriptive of external
environmental scanning?
8) According to Porter, the corporation is most concerned with
9) When a company determines a competency's competitive
advantage, Barney refers to this issue as
10) An acronym for the assessment of the external and internal
environments of the business corporation in the process of strategy
formulation/strategic planning is
11) In the development of a SFAS matrix, the first step is to

12) The technique that illustrates how management can match the
external opportunities and threats with its strengths and weaknesses to
yield four sets of strategic alternatives is called a (an)
13) Which strategy specifies the firm's overall direction in terms of its
general orientation toward growth, the industries or markets in which
it competes, and the manner in which it coordinates activities and
transfers resources among business units?
14) Continuous improvement is an operations concept developed in
15) The process by which a firm approaches its cross-border activities
and those of competitors, and plans to approach them in the future, is
called
16) What question must managers ask concerning the relationship
between economic logic and international strategy?
17) Which strategy is developed to pull together the various activities
and competencies of each department so that corporate and business
unit performance improves and resource productivity is maximized?
18) The strategy that deals with product and process innovation and
improvement is known as a ________ strategy.
19) The hiring of new people with new skills, firing of people with
inappropriate or substandard skills, and/or training existing employees
to learn new skills are included the process of
20) The strategy implementation tool used to determine what actions
are going to be taken, by whom, during what time frame, and with
what expected results is called a(n)
21) Executives with a particular mix of skills and experiences may be
classified as an executive type and paired with

22) According to the text, what is the "key" to effective management
of change in culture?
23) The sum total of the activities and choices required for the
execution of a strategic plan is known as in
24) Who typically implements strategy in large, multi-industry
corporations?
25) Which one of the following is NOT a part of the evaluation and
control of performance?
26) The end result of activity is known as
27) Which is the MOST commonly used measure of corporate
performance (in terms of profit)?
28) Because of the belief that accounting-based numbers such as ROI,
ROE, and EPS are not reliable indicators of a corporation's economic
value, which method of corporate performance is now preferred?
29) Which company experienced a tarnished reputation and scandal
after experiencing behavior substitution when employees altered their
behavior on the job to fit the reward system?
30) Suboptimization occurs when .......
********************************************************

Unethical behavior
Provide an example of a company that used unethical behavior to gain
profit. What was the unethical behavior and why was the behavior
unethical? How did this unethical behavior affect the company?
How does a leader develop and articulate a compelling vision?
Explain.
********************************************************
What legal issues do companies face when creating a strategic plan?
What effects do legal issues have on our strategy planning process?
Why is it important to use a process such as the strategic management
model? Explain.

********************************************************
Why is strategic planning important to the organization? How does
strategic planning help the organization?
What is the relationship between strategy and tactics? Explain.
********************************************************
MGT 498 Week 1 Individual Assignment
StrategicPlanning and Strategic Management

Strategic Planning and Strategic Management
The purpose of this assignment is to help students understand
strategic business terminology (vision, mission, goals, objectives,
specific objectives, internal and external scanning), to recognize the
components of a strategic plan and to be familiar with the core
information and steps needed to create a strategic plan. Furthermore,
this assignment allows students to recognize the difference between
strategic planning and strategic management.
Assignment Steps
Write a 700-word analysis in which you complete the following:
Describe and define the primary components of the Strategic
Management Process.
Describe and define internal and external analysis.
Describe and define the responsibilities and duties of the Strategic
Manager.
Explain why companies need strategic management planning.
Cite 3 scholarly references, including at least two peer-reviewed
references from the University Library.
Format your paper consistent with APA guidelines.
********************************************************

What types of competitive strategies are the most effective? Will the
same strategy work in most venues? Why or why not?
What models, tools, and techniques would you use in performing an
environmental analysis of an organization?
********************************************************
Why do we want to create measurement devices early in the strategy
process? How do metrics allow us to track the strategy process once it
is implemented? How is environmental scanning helpful in choosing
the appropriate metric guidelines to use?
What are two major environmental changes that you expect to have an
impact on your organization over the next 5-10 years?
********************************************************

Choose two or more competitive strategies and compare why each
strategy may be appropriate for different companies. For example,
one company may use a low-price strategy while another may go for
high quality.
What is the role of strategic planning in creating value for the
organization? Provide an example of how a company uses strategic
planning to create value for the organization. What are the key
success factors for achieving objectives?
********************************************************

Choose two or more competitive strategies and compare why each
strategy may be appropriate for different companies. For example,
one company may use a low-price strategy while another may go for
high quality.
********************************************************
MGT 498 Week 2 Individual Assignment
Ethics and Social Responsibility (2 Papers)
This Tutorial contains 2 Papers
Purpose of Assignment
The purpose of this assignment is to help students understand the
influence that ethics and social responsibilities have on the strategic
planning process.
Assignment Steps
Write a 700-word report in which you address the following:
Define and explain the role of ethics and social responsibility in
developing a strategic plan while considering stakeholder needs and
agendas.
Include at least one example of a company overstepping ethical
boundaries for stakeholder agendas, and identify what types of
preventative measures could be taken to avoid this type of situation.

Cite 3 scholarly references, including at least one peer-reviewed
reference from the University Library.
Click the Assignment Files tab to submit your assignment.
********************************************************
MGT 498 Week 2 Team Assignment Building a
Competitive Advantage (2 Papers)
This Tutorial contains 2 Papers
Advantage
The purpose of this assignment is to help students understand how
manufacturing and service companies can maximize their competitive
advantage. The Porter Model is discussed as a method to categorize
and assess businesses and industries.
Assignment Steps
Write a 1,050-word report in which you address the following:

Examine and discuss competitive strategies that manufacturers can
use to gain competitive advantage.
Appraise costing and financial strategies for manufacturing and
service companies.
Identify value chain strategies for both manufacturing and service
companies.
Discuss (Porter’s Model) and categorize (NAICS) the industry of a
company the Learning Team selects.
********************************************************
What is the difference between horizontal growth and vertical
growth? Name a real-world company that focuses more on horizontal
growth and a company that focuses more on vertical growth. Why do
these two companies choose different growth strategies?
Based upon plan preparation, how would one assess the impacts of
organizational strengths and weaknesses related to the development of
long-term objectives?

********************************************************
What is a corporate strategy? Why is it important for a small business
to identify a corporate strategy? What are possible consequences that
a small business may experience if it does not have a defined
corporate strategy?
Describe at least four sustainability strategies. Review the Virtual
Organization Riordan Manufacturing, which can be accessed through
this course’s reading from University of Phoenix student Web site.
Which sustainability strategies would be most appropriate for Riordan
Manufacturing and why?
********************************************************

How has the growth in globalization affected corporate strategy in the
UnitedStates? Consider this growth from perspectives such as
outsourcing, taxes, competition, finances, and so forth.
Assume that you are a risk adverse manager in an industry
experiencing rapid technological innovations. Which of the generic
strategies would you be inclined to favor to mitigate risk? Why?
********************************************************
Define risk and how it affects the strategy planning process. In
relation to innovation, sustainability, and the global market, how
would you decide whether a risk is worth taking the chance on when
to create a strategic plan?

********************************************************
MGT 498 Week 3 Signature Assignment
Environmental Scanning
A strategic management plan addresses four different management
functions: environmental scanning, strategy formulation, strategy
implementation, evaluation and control. Weeks 3, 4 and 5 individual
assignments (Part 1, Part 2 and Part 3) are integrated to generate a
strategic management plan. The purpose of the Week 3 individual
assignment is to evaluate the internal and external environments of a
company selected by the student, to analyze the competitive
advantage of the selected company, to evaluate a set of suitable
strategies, and to examine appropriate metrics.
This assignment provides students an opportunity to research a
selected company as if they were involved in a company’s actual
strategic management planning process. It allows students to see
which management planning process and management plan the
selected company is currently using, allowing them to measure the
effectiveness of current strategies.
A Strategic Management Plan addresses four different management
functions: Environmental Scanning, Strategy Formulation, Strategy
Implementation, Evaluation and Control.

The Week 3, 4, and 5 Individual Assignments (Part 1, Part 2, and Part
3) are integrated to generate a Strategic Management Plan. This is
Part 1 of the three part Strategic Management Plan.
Assignment Steps
Write a 1,050-word report in which you select a company you are
familiar with or a company where you currently work, and do the
following:
Evaluate the internal and external environments of your selected
company using an environmental scan.
Analyze the competitive advantage of your selected company.
Evaluate the strategies your selected company uses to create value
and gain competitive advantage.
Examine the measurement guidelines your selected company uses to
verify its strategic effectiveness.
Evaluate the effectiveness of the measurement guidelines your
selected company uses.
********************************************************
MGT 498 Week 4 Assignment Strategy
Formulation

The Week 4 individual assignment is the second part of a three part
strategic management plan for the company selected by the student in
Week 3. The purpose of the assignment is for students to establish
long-term goals and objectives; indicate, specify and discuss
strategies; and investigate, consider and describe specific business
strategies including vertical integration and strategic alliances, to
achieve competitive advantage in the industry. The student also
generates an appropriate organizational chart in alignment with the
stated strategies.
Weeks 3, 4, and 5 Individual Assignments are integrated to generate a
Strategic Management Plan. This is Part 2 of the three part Strategic
Management Plan.
Assignment Steps
Write a 1,050-word 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.
Cite at least 3 scholarly references.

********************************************************
What steps need to be taken before we implement an organizational
strategy? Why are time frames so important to the implementation of
an organizations strategy? What role does the sequence of execution
play?
What are the attributes of Critical Success Factors in general? Are
these attributes in your industry?
********************************************************

How have the ideas of constant improvement processes such as
TQM, Six Sigma, and other improvement processes affected the
overall strategy of organizations?
How are the tactical plan and the goals related to long-term objectives
(LTO) and Critical Success Factors in your experience?
********************************************************
What phases does a product go through during its life cycle? Is it
possible for an organization to avoid the eventual decline phase of a
product or service? Why? If so or not, how would your strategic
planning process be affected?
********************************************************

Research a company’s internal dynamics and the influence on
business continuity along with cultural and structural leadership
considerations incorporated into the implementation of the company’s
strategy. What resources are being used for the company to
implement its strategy?
********************************************************
MGT 498 Week 4 Team Assignment Long
Term Strategies and Globalization
Globalization

The purpose of the learning team assignment is to offer students the
opportunity to investigate their understanding of how globalization
affects a company’s strategic plan. Additional objectives include
allowing students to assess the effectiveness of strategic alliances in
the growth process of a company and to understand the necessity for
innovation to create a sustainable long-term organizational
environment. The students will also identify how organizational
structures facilitate company growth and controls in the global
environment.
Assignment Steps
Create a 10- to 12-slide Microsoft® PowerPoint® presentation
(excluding the title slide and references) with speaker notes and
address the following topics:
Evaluate the effects of globalization on strategic management
planning.
Assess how strategic alliances can facilitate global strategic growth.
Discuss the three types of innovation and how each type can
contribute to long-term strategic growth.
Identify three Organizational Structures best suited for optimal global
operations.
reference the University Library.
Format your presentation consistent with APA guidelines.
********************************************************

What is the role of metrics and measurement in the strategy process?
Why are they so important to the strategy process? What are the
possible outcomes for a company that decides not to put metrics and
measurement into its strategic plan?
What steps need to be taken before we implement an organizational
strategy? Why are time frames so important to the implementation of
an organization's strategy? What role does the sequence of execution
play?
********************************************************
How has globalization affected the measurement process in an
organizations strategy? Provide an example of a company that has
changed its measurement process due to globalization. What changes
were made to the company’s measurement process?

What are some structural, leadership, and cultural considerations that
need to be included in the strategy implementation for the virtual
organization,Riordan Manufacturing?
********************************************************
Describe enterprise resource planning. How does enterprise resource
planning affect feedback and control in an organization’s strategy?
********************************************************

How would control processes and metrics differ between various
types of organizations? Include an example of control processes or
metrics for each type of organization in your answer.
********************************************************
MGT 498 Week 5 Strategy Implementation,
Evaluation and Control
WEEK 5 Strategy Implementation, Evaluation and Control
Strategy Implementation, Evaluation and Control – Assessment
Activity
Weeks 3, 4 and 5 Individual Assignments are integrated to generate a
Strategic Management Plan. This is part three of the three part
Strategic Management Plan addressing strategy implementation,
evaluation and control. The purpose of the Week 5 individual
assignment is to allow the student to discuss and explain how the
strategies discussed in prior weeks are converted into implementation
activities both domestically and internationally, in alignment with
legal, social and ethical considerations. Furthermore, the student has
an opportunity to explain and discuss how the strategic plan and
implementation activities will be monitored.

Weeks 3, 4, and 5 Individual Assignments are integrated to generate a
Strategic Management Plan. This is Part 3 of the three part Strategic
Management Plan.
Assignment Steps
Write a 1,050-word report on the company you selected in Week 3,
following up on the Individual Assignment of Week 3 (Environmental
Scanning), and address the following:
Strategy Implementation
Discuss International Strategy.
Discuss Strategic Implementation.
Explain the influence of Governance and Ethics.
Discuss the Company Social Value.
Discuss Innovation and Diversification.
Discuss Legal limitations.
Evaluation and Control
Explain Strategic Metrics.
Discuss Key Financial Ratios.
Cite at least 3 scholarly references.
********************************************************

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