MT460 Unit 6 Management Policy Concepts of Strategic Planning Assignment PLEASE USE THE ATTACHED RUBRIC AS A CHECKLIST. THE PROFESSOR IS EXTREMELY PICKY!
The concept of strategic planning can be as complex as we want to make it, but it is better to keep it simple, which is not so easy to do. Moving away from single business strategy into the world of multi-business strategy, you will need to consider many factors at the corporate level of strategy. In preparation for developing a strategic framework to increase competitive advantage for a multi-business company in the international marketplace.
Conduct research using your textbook and Library resources (Internet resources are unacceptable) as necessary to develop an understanding for strategic planning. Based on all of the strategy concepts you have learned in Chapters 18 in your textbook, share your understanding of developing a strategic framework for a business by meeting the following criteria:
Explain what strategic planning is, and why it is important to a company by giving practical examples and using research.
List the components of a strategic plan and explain the importance of each component in a strategic plan by giving practical examples and using research.
Explain the differences in strategic planning for a single-business and a multi-business company.
Explain the intricacies of strategic planning for businesses in the international marketplace by providing examples and using research.
Explain why developing a strategic plan is easier than executing it.
Use a minimum of three peer-reviewed, academic research resources (including your textbook) to substantiate your critical thinking, and to provide viable reasoning for your perspectives.
Use APA style referencing format in your writing.
Write in third person to communicate in this Discussion.
Use a minimum of 500 words in your primary answer post.
Use headings to segment the topics in your writing in order to create a flow of ideas for your reader.
Use as many concepts from Chapters 7 and 8 of your textbook to complete this Discussion Assignment as possible.
Link to textbook: https://purdueglobal.brightspace.com/d2l/le/conten…
Crafting & Executing Strategy: The Quest for Competitive Advantage – 21st Edition – Arthur Thompson MT460: Unit 6 Discussion
Unit 6 Discussion Grading Rubric
Assignment Criteria
Explained what strategic planning is, and why it is important to a
company by giving practical examples and using research.
Listed the components of a strategic plan and explained the
importance of each component in a strategic plan by giving
practical examples and using research.
Explained the differences in strategic planning for a single-business
and a multi-business company.
Explained the intricacies of strategic planning for businesses in the
international marketplace by providing examples and using
research.
Explained why developing a strategic plan is easier than executing
it.
Used a minimum of three peer-reviewed, academic research
resources (including textbook) to substantiate critical thinking, and
to provide viable reasoning for shared perspectives.
Compliance / Clarity / Organization (50%)
You are expected to meet the following requirements with ease in a
400 level course. Penalties will be calculated as a percentage up to
50% of the grade and will apply if the following criteria are not met.
Used 500-word minimum.
Points
Possible
4
4
4
3
3
2
–
Used headings to segment the topics in writing in order to create a
flow of ideas for reader.
–
Provided unique perspective using no more than one direct quote
from research resources. Effectively synthesized research by
paraphrasing.
Wrote in third person to communicate in this discussion.
–
Applied proper APA style referencing format.
–
No spelling and grammatical mistakes.
–
Appropriate language.
–
Professional use of abbreviations and acronyms.
–
Professionalism / Netiquette (100%)
You are required to be professional. A grade of zero will be issued
if issues arise.
Respect and consideration toward peers/instructors.
–
–
Late Penalty (-20%)
Total
20
Possible
Earned
Comments
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