Assignment:
Draft 3-Year Strategic Plan
COMPANY: NEXT LEVEL PHONES
After year 3 in the simulation, you are required to submit a three-year strategic plan that will cover the remaining three years (years 4, 5, and 6).
Instructions:
Fully address Each response, must be cited per APA,
12 times roman font,
double space,
Cover page,
Abstract, 8-page maximum paper discussing their strategic plan.
It must cover at each of the following topic areas:
Preparation of a 3-Year Strategic Plan involves:
(1) Stating a strategic vision for the company in a brief paragraph;
(2) Establishing financial objectives for total revenue, profits, cash flow, and stock price appreciation for each of the next three years;
(3) Declaring what strategy the company will employ;
(4) Presenting data showing that the chosen strategy is either currently on track or will require substantial internal changes; and
(5) Preparing a projected income statement that lays out expected unit sales, revenues, costs, and profits for each of the three geographic regions for the each of the next three years.