Assignment
1. The hierarchy of strategy indicates that a company should build a relationship between functional, business and corporate level strategies. Using one of your cases, explain how that company did or did not effectively make use of the hierarchy of strategies. Be specific in your answer.
2. Explain the impact of environmental uncertainty on the strategic management process. Give an example from one of your cases or your Capsim company that shows how environmental uncertainty impacted the strategic management process.
3. What kind of internal factors help managers determine whether a firm should emphasize the production and sales of a large number of low-priced products or a small number of high-priced products? Be specific in your answer and use your Capsim experience as supportive evidence.
4. Using your experiences with Capsim, explain several of your functional strategies and their implementation through the competition rounds.
5. 1s it possible for a company or business unit to follow a cost leadership strategy and a differentiation strategy simultaneously? Why or why not? Use an example from Capsim or one of your cases as the basis for your answer.
6. Using your Capsim results, create a BCG Matrix that is representative of the Sensor industry and your company's products.
7. Use Porter's 5 Forces Model to analyze the organic produce industry. This should be your own analysis - not one researched online
8. Using your first case company, choose an actionable strategy within the TOWS matrix and develop a specific implementation plan for that strategy. Be specific in your discussion of what the company would have to do to implement that specific strategy.
9. Strategy implementation focuses on programs, budgets and procedures. Using a company with which you are familiar, evaluate their strategy implementation (from your personal perspective) in terms of the program(s) they have chosen to implement.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.