Tolapp Corporation is a successful US manufacturing company located in Tennessee that builds power tools, lawn mowers, lawn furniture, microwaves, and ranges. All products are manufactured locally and sold through large retailers like Sears, Best Buy, and Wal-Mart. They have sale papers inserted in every Wednesday and Sunday paper. Although they have a thriving business in the US and Canada, Tolapp is trying to break into the global marketplace. In relation to above information, please prepare a report that provides appropriate responses to the following questions:
How would you go about defining the identity of Tolapp Corporation and creating its mission statement? Write the mission statement for Tolapp using the nine essential components. Where would you look for the information? What do you already know about Tolapp that can help?
What principle would you use in order to prioritize the implementation steps needed to accomplish the strategic objectives?
What post implementation and feedback mechanisms would you have in place to evaluate the effectiveness of the process? What measures would you use?
What legal and ethical issues need to be considered?
Additional Requirement
The question lies from Corporate Strategy and it is a report on the mission statement, strategic objectives, evaluation of the effectiveness of the process and ethical and legal issues to be considered for a business organization. The organization that has been used as an example here is Tolapp. Tolapp is a US manufacturing company which is known for its power tools, lawn movers, lawn furniture and microwaves.
Word limit 1440