Amazon Strategy Evaluation and Control discussion

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timer Asked: Feb 14th, 2019
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Question Description

A strategic management plan addresses the four primary components of the strategic management process: a) environmental scanning, b) strategy formulation, c) strategy implementation, and d) strategy evaluation and control. The individual assignments in Weeks 3, 4 and 5 are integrated to generate a complete strategic management plan.

This individual assignment (part three of the strategic management plan) is designed to help students with the following:

  1. Evaluate how the strategies formulated by the student for the company selected by the student will be converted into implementation activities.
  2. Examine how the formulated strategies align with global considerations that affect the selected company.
  3. Understand the effectiveness of using the 4 quadrant Balanced Scorecard approach to strategic measurement:
    • Financial (e.g., market share, profitability, etc.)
    • Customer (e.g., customer retention, customer satisfaction, etc.)
    • Operation or Process (e.g., operational performance, process improvement, etc.)
    • Learning and Growth (e.g., technological innovation, employee training, etc.)
  4. Examine how implementation of the strategic plan proposed by the student for the selected company will be evaluated and controlled.

Recommended Resources

  • Textbook Chapters 9, 10, 12, 13 and 14
  • Week 3 Environmental Scanning paper (part one of your strategic management plan)
  • Week 4 Strategy Formulation paper (part two of your strategic management plan)
  • Week 5 Course Supplements: Balanced Scorecard Description, and Creating an Implementation Timeline and Balanced Scorecard
  • Appropriate and relevant business and academic Websites

Assignment Requirements

Write a 550- to 700-word paper that includes the following:

  1. Relevant overview of a company that you researched for this assignment (e.g., industry, age, size, scope, and market position) - note it should be the same company as in parts one and two of your strategic management plan, and the overview should be relevant to this part of the assignment, not merely a repeat of the overview from parts one or two.
  2. Brief explanatory introduction and presentation of a 3-5 year implementation timeline that identifies at least 2 domestic and/or international milestones for each of the 3 or more strategies proposed for your selected company in part two of your strategic management plan (note the timeline should be presented within the paper as an APA-compliant table or figure; a table is highly recommended).
  3. Examination of how each of your proposed strategies align with the global social, ethical, and legal considerations that may affect your selected company.
  4. Brief explanatory introduction and presentation of an appropriate Balanced Scorecard, where each of your proposed strategies are measured by at least 2 viable metrics/targets, for a combined total of at least 6 metrics/targets; in addition, each of the Balanced Scorecard's 4 quadrants should contain at least 1 of the proposed metrics/targets (note the Balanced Scorecard should be presented within the paper as an APA-compliant table, separate from the implementation timeline specified above).

Format the paper according to 400-level APA standards. An abstract is not required, but the paper must include a Conclusion heading (other headings are recommended). The word count does not include the title and reference pages, nor the tables, or figure and table.

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Week 5 Individual Assignment: Strategy Implementation, and Strategy Evaluation and Control Paper – Grading Rubric Purpose of Assignment A strategic management plan addresses the four primary components of the strategic management process: a) environmental scanning, b) strategy formulation, c) strategy implementation, and d) strategy evaluation and control. The individual assignments in Weeks 3, 4 and 5 are integrated to generate a complete strategic management plan. This individual assignment (part three of the strategic management plan) is designed to help students with the following: 1. Evaluate how the strategies formulated by the student for the company selected by the student will be converted into implementation activities. 2. Examine how the formulated strategies align with global considerations that affect the selected company. 3. Understand the effectiveness of using the 4 quadrant Balanced Scorecard approach to strategic measurement: o Financial (e.g., market share, profitability, etc.) o Customer (e.g., customer retention, customer satisfaction, etc.) o Operation or Process (e.g., operational performance, process improvement, etc.) o Learning and Growth (e.g., technological innovation, employee training, etc.) 4. Examine how implementation of the strategic plan proposed by the student for the selected company will be evaluated and controlled. Recommended Resources • Textbook Chapters 9, 10, 12, 13 and 14 • Week 3 Environmental Scanning paper (part one of your strategic management plan) • Week 4 Strategy Formulation paper (part two of your strategic management plan) • Week 5 Course Supplements: Balanced Scorecard Description, and Creating an Implementation Timeline and Balanced Scorecard • Appropriate and relevant business and academic Websites Assignment Requirements Write a 550- to 700-word paper that includes the following: 1. Relevant overview of a company that you researched for this assignment (e.g., industry, age, size, scope, and market position) – note it should be the same company as in parts one and two of your strategic management plan, and the overview should be relevant to this part of the assignment, not merely a repeat of the overview from parts one or two. 2. Brief explanatory introduction and presentation of a 3-5 year implementation timeline that identifies at least 2 domestic and/or international milestones for each of the 3 or more strategies proposed for your selected company in part two of your strategic management plan (note the timeline should be presented within the paper as an APA-compliant table or figure; a table is highly recommended). 3. Examination of how each of your proposed strategies align with the global social, ethical, and legal considerations that may affect your selected company. 4. Brief explanatory introduction and presentation of an appropriate Balanced Scorecard, where each of your proposed strategies are measured by at least 2 viable metrics/targets, for a combined total of at least 6 metrics/targets; in addition, each of the Balanced Scorecard’s 4 quadrants should contain at least 1 of the proposed metrics/targets (note the Balanced Scorecard should be presented within the paper as an APA-compliant table, separate from the implementation timeline specified above). Due: Week 5, Day 7, 11:59p MT Format the paper according to 400-level APA standards. An abstract is not required, but the paper must include a Conclusion heading (other headings are recommended). The word count does not include the title and reference pages, nor the tables, or figure and table. Criteria / Ratings: Exemplary (60.0-80.0) Satisfactory (40.0-60.0) Needs Improvement (20.0-40.0) Unsatisfactory (0.0-20.0) Content (60%) All or most requirements are clearly addressed, and well supported by specific details, examples and/or analyses. Many requirements are clearly addressed, and well supported by specific details, examples and/or analyses. Some requirements are clearly addressed, and well supported by specific details, examples and/or analyses. Few or no requirements are clearly addressed, and well supported by specific details, examples and/or analyses. Organization / Development (15%) Content is logically organized throughout, contains wellconstructed paragraphs, and includes a strong introduction and conclusion. Content is logically organized in many areas, contains some poorlyconstructed paragraphs, and/or includes an average introduction and/or conclusion. Content is logically organized in some areas, contains many poorlyconstructed paragraphs, and/or includes a weak introduction and/or conclusion. Content is poorly organized throughout, consists of mostly poorlyconstructed paragraphs, and/or lacks an introduction and/or conclusion. Mechanics (20%) Paper has 10 or less grammar, spelling, punctuation, and/or 400level APA errors. Paper has 1120 grammar, spelling, punctuation, and/or 400level APA errors. Paper has 2130 grammar, spelling, punctuation, and/or 400level APA errors. Paper has 30 or more grammar, spelling, punctuation, and/or 400level APA errors. Length (5%) Paper is less than 550 words or greater than 700 words, by 50 words or less. Paper is less than 550 words or greater than 700 words, by 51-100 words. Paper is less than 550 words or greater than 700 words, by 101-150 words. Paper is less than 550 words or greater than 700 words, by 151 words or more. Points Earned (weighted) Late Penalty: -10% for extenuating circumstances; not accepted after 1 day late. Total Points Possible Total Points Earned 80 Overall Comments: ...
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Tutor Answer

CristinaP
School: Rice University

Attached.

Running head: STRATEGY EVALUATION AND CONTROL

Strategy Evaluation and Control
Student’s name
Institution
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1

STRATEGY EVALUATION AND CONTROL

2

Amazon Strategy Evaluation and Control
Amazon is the world’s largest online retailer. Having been founded in 1994, Amazon has
grown from a simple bookstore which began in a garage to become the world’s most valuable
company in 2018. Today, the company offers a varied of products on its online retail outlets and
has specific websites dedicated to Europe, Asia, and China including the main website which
serves global customers and the US domestic market. Unlike traditional brick-and-mortar shops
which bought supplies to suppliers and later resold them at a profit, Amazon, like most online
shops do not own the products they sell but rely on suppliers to supply products across its
market. In a move to expand and grow from its current status, Amazon seeks to implement a new
strategic plan which includes the acquisition of new online retailers in countries where they do
not...

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Anonymous
awesome work thanks

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