1. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK For more course Tutorials www.tutorialrank.com

2. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Final Exam Guide (UOP Course) MGT 498 Week 1 Discussion Question 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?1 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.

3. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 1 Discussion Question 2 MGT 498 Week 1 Discussion Question 3 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.

4. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 1 Individual Assignment Strategic Management Process Paper (2 Papers) MGT 498 Week 2 Discussion Question 1 Write a 350- to 500-word paper in which you complete the following: · Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company. · Research at least one company and describe the strategic management process that the company uses. 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?

5. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 2 Discussion Question 2 MGT 498 Week 2 Discussion Question 3 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?

6. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 2 Individual Assignment Ethics Paper (2 Papers) MGT 498 Week 2 Learning Team Reflection Write a 700- to 900-word paper in which you do the following: · 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 what types of preventative measures could be taken to avoid this type of situation. Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050- word paper detailing the findings of your discussion. Click the Assignment Files tab to submit your assignment

7. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 3 Discussion Question 1 MGT 498 Week 3 Discussion Question 2 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?

8. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 3 Discussion Question 3 MGT 498 Week 3 Individual Assignment Environmental Scan Paper (2 Papers) 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? Write a 1,050- to 1,400-word paper in which you complete the following: · Research and describe the internal and external environments of 2 to 3 real- world companies using an environmental scan. · Determine what competitive advantages each company has and what strategies each company is using. o How does each company create value and sustain competitive advantage through business strategy?

9. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 3 Learning Team Reflection MGT 498 Week 4 Discussion Question 1 Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050- word paper detailing the findings of your discussion. Click the Assignment Files tab to submit your assignment. 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?

10. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 4 Discussion Question 2 MGT 498 Week 4 Discussion Question 3 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?

11. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK MGT 498 Week 4 Discussion Question 4 MGT 498 Week 4 Learning Team Reflection 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? Discuss this week’s objectives with your team. Your discussion should include the topics you feel comfortable with, any topics you struggled with, and how the weekly topics relate to application in your field. Prepare a 350- to 1,050- word paper detailing the findings of your discussion. Click the Assignment Files tab to submit your assignment.

12. MGT 498 ACADEMIC PROFESSOR/TUTORIALRANK For more course Tutorials www.tutorialrank.com