Company Selection and Ethics and Creating a Mission Statement, management homework help

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Question Description

Part One

Module 01 Course Project - Company Selection

The course project is a strategic management plan for an organization of your choosing. Please read the Course Project - Introduction page in this module before attempting this assignment.
Now it's time to select a company that you'd like to use for the course project. It's important that you choose a company that is easily researched. You're going to need to find information on their current business practices and makeup. That can be very hard to do with small local businesses, but easier with larger publicly traded companies. It's also important to choose a company that you're interested in and want to learn about. This will make the project more engaging.
For the assignment this week, write a paper that's at least a page in length and completes the following:

  • Identify a company for which you wish to develop a strategic management plan. You may wish to conduct some preliminary research to help you understand a little more about the company you chose.
  • Provide a brief description of the company including what they do, what they're known for, and their reputation within the current business environment.
  • Provide your reasons for selecting this company. Be thorough and specific with your explanation.

The following is a list of companies you can choose from for your course project. All of them are considered leaders in sustainability practices. You can also use your company or one you are very familiar with, as you use the IISD Business Sustainability Checklist as a basis for your project.

General Electric PG &E TNT

H & M Nokia Siemens

Unilever Vodafone Smiths Group

Geberit Henkel Inditex(Zara) Proctor & Gamble

Toyota Embridge Westpac Bank

Conoco Phillips Nippon Royal Dutch Shell

Diageo Your Company Another Company You Know Well


Part 2

The next phase of your strategic management plan will require you to research your company's history and existing strategic goals. Before we can make major improvements to the business, we first have to understand where they came from and what they're currently trying to accomplish. Use reliable business sources, the company website, and any traditional appropriate sources to gather as much background information that you can.
For the assignment this week, write a paper that's at least two pages in length and addresses the following:

  • Detail the history of the business. Explain how they got their start but focus mostly on how their business has changed over the last 15 years. Provide a picture of how they adapt to change and any major obstacles that they've had to overcome.
  • Include some information on the top executives at the company and the role that they've played in those last 15 years.
  • Provide the company's existing mission statement and code of ethics. In what way do they articulate their ethical practices through policies and public outreach and why is this important?
  • Identify two areas of concern ethically and explain those choices. Make sure to discuss why you feel that are areas of ethical concern. Think critically about where your chosen company has the potential for ethical dilemmas. For example, an accounting firm would be concerned with fraud.
  • Rewrite your company's mission statement. The idea is to provide clarity and set the new strategic direction that you think the company should be moving towards. Include a paragraph explaining the changes that you've made and why.

Overview of entire project is also attached along with grading rubrics for these two parts,,,,

Unformatted Attachment Preview

Module 01 Course Project - Company Selection The course project is a strategic management plan for an organization of your choosing. Please read the Course Project - Introduction page in this module before attempting this assignment. Now it's time to select a company that you'd like to use for the course project. It's important that you choose a company that is easily researched. You're going to need to find information on their current business practices and makeup. That can be very hard to do with small local businesses, but easier with larger publicly traded companies. It's also important to choose a company that you're interested in and want to learn about. This will make the project more engaging. For the assignment this week, write a paper that's at least a page in length and completes the following: • • • Identify a company for which you wish to develop a strategic management plan. You may wish to conduct some preliminary research to help you understand a little more about the company you chose. Provide a brief description of the company including what they do, what they're known for, and their reputation within the current business environment. Provide your reasons for selecting this company. Be thorough and specific with your explanation. Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates. Save your assignment as a Microsoft Word document. (Mac users, please remember to append the ".docx" extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below: Jstudent_exampleproblem_101504 Need Help? Click here for complete drop box instructions. The following is a list of companies you can choose from for your course project. All of them are considered leaders in sustainability practices. You can also use your company or one you are very familiar with, as you use the IISD Business Sustainability Checklist as a basis for your project. General Electric PG &E H&M Nokia TNT Siemens Unilever Vodafone Geberit Henkel Inditex(Zara) Toyota Conoco Phillips Diageo Embridge Nippon Your Company Smiths Group Proctor & Gamble Westpac Bank Royal Dutch Shell Another Company You Know Well Module 01 Course Project - Ethics and Creating a Mission Statement The next phase of your strategic management plan will require you to research your company's history and existing strategic goals. Before we can make major improvements to the business, we first have to understand where they came from and what they're currently trying to accomplish. Use reliable business sources, the company website, and any traditional appropriate sources to gather as much background information that you can. For the assignment this week, write a paper that's at least two pages in length and addresses the following: • • • • • Detail the history of the business. Explain how they got their start but focus mostly on how their business has changed over the last 15 years. Provide a picture of how they adapt to change and any major obstacles that they've had to overcome. Include some information on the top executives at the company and the role that they've played in those last 15 years. Provide the company's existing mission statement and code of ethics. In what way do they articulate their ethical practices through policies and public outreach and why is this important? Identify two areas of concern ethically and explain those choices. Make sure to discuss why you feel that are areas of ethical concern. Think critically about where your chosen company has the potential for ethical dilemmas. For example, an accounting firm would be concerned with fraud. Rewrite your company's mission statement. The idea is to provide clarity and set the new strategic direction that you think the company should be moving towards. Include a paragraph explaining the changes that you've made and why. Be sure to document your sources using APA notation. Information on APA can be found in the Online Library which is accessible through the Resources tab. Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates. Save your assignment as a Microsoft Word document. (Mac users, please remember to append the ".docx" extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below: Jstudent_exampleproblem_101504 Need Help? Click here for complete drop box instructions. MAN 4900 CAPSTONE Project Overview Throughout this course your ability to draw upon current and prior business management knowledge is key. Using this knowledge, you will create a strategic management plan of an organization of your choosing, while focusing on developing an effective executive summary. Halfway through the project you will need to set original strategic goals for your chosen company to accomplish. The second half of the project will then focus on budgeting and planning for the completion of these goals. A strategic plan is really a road map for the future of a business. It provides guidance and direction for all aspects of an organization in support of the company's goals. It draws upon all areas of business including human resources, marketing, IT, and finance, and even looks at the external influences and the competitive marketplace. It requires you to pull together everything you learned throughout your course of study as well as incorporate current and relevant research. Due Date Your final project is due in Week 6. There will be individual assignments, sometimes two in a week, along the way. The week they are due is noted in the time line below. Time Line Week Assignment 01 Company Selection; Ethics and Creating a Mission Statement 02 Internal and External Analysis; Market Analysis 03 Human Resources Strategy; Budget Estimates 04 Technology Allocation; Implementation Timeline 05 Control and Evaluation Methods; Executive Summary 06 Reflection; Final Project Submission Requirements Your project is built in stages throughout the course as noted in the timeline above. As you move on to the next stage, be sure to revise your work based on instructor feedback. This is important because week 6 will require you to compile all the previous portions of the project, revise them, and then turn in a completed strategic management plan. For many stages of the project you will need to conduct additional research. As you do remember: • • Use statements and ideas that you have come up with on your own and blend these with your research. Do not plagiarize. If you want to use actual words from a source, put them in quotation marks and include the source. Follow APA format only for citing your sources. For APA guidelines, go to your college's Online Library which you can access through the Resources tab. Evaluation Each assignment leading up to the final paper is evaluated and graded independently. Your instructor will provide specific grading criteria for each step of the project prior to its due date. For Further Questions If you have any questions throughout this project, please ask your Instructor. Post ideas and questions for your classmates in the General Course Questions forum in the Getting Started folder of this course The following is a list of companies you can choose from for your course project. All of them are considered leaders in sustainability practices. You can also use your company or one you are very familiar with, as you use the IISD Business Sustainability Checklist as a basis for your project. General Electric PG &E H&M Nokia Unilever Vodafone Geberit Henkel Inditex(Zara) Toyota Conoco Phillips Diageo Embridge Nippon Your Company TNT Siemens Smiths Group Proctor & Gamble Westpac Bank Royal Dutch Shell Another Company You Know Well Module 01 Course Project – Ethics and Creating a Mission Statement Total Points Possible 100 Described the history of the company over the last 15 years including how they adapt to change and major obstacles they had to overcome (20 Max Point Value) Included some information on the top executives at the company and the role that they've played in those last 15 years. (10 Max Point Value) Writing is free from spelling and grammar errors. Included an introduction paragraph with thesis, and conclusion paragraph. Used proper writing mechanics including proper grammar, sentence structure, transitions, and punctuation (10 Max Point Value) Paper meets minimum 2-page length requirement. Provided an APA formatted title page(10 Max Point Value) Insufficient/Not Evident Progressing Competent Exemplary (0-9pts.) Content was not included or incomplete, and/or extremely inaccurate (10-13pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (14-17pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (18-20 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (0-3 pts.) Content was not included or incomplete, and/or extremely inaccurate (4-6 pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (7-8 pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (9-10 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (0-3pts.) Paper is not submitted or more than 10 errors in English grammar and mechanics observed. No introduction paragraph, thesis, or conclusion paragraph included. Proper writing mechanics were not used. (4-6 pts.) 6-10 errors in English grammar and mechanics. Missing 2 or more of the following: introduction paragraph with thesis, and conclusion paragraph. Proper writing mechanics somewhat used. (7-8 pts.) 3-5 errors in English grammar and mechanics, and/or missing 1 or more of the following: introduction paragraph with thesis, and conclusion paragraph. Proper writing mechanics mostly used. (9-10 pts.) 0-2 errors in English grammar and mechanics. Included an introduction paragraph with thesis, and conclusion paragraph. Used proper writing mechanics including proper grammar, sentence structure, transitions, and punctuation. (0-3 pts.) Paper is not submitted. (4-6 pts.) Paper is less than 1 page in length, and/ or some elements of APA formatting used and/or no title page provided. (7-8 pts.) Paper is between 1-2 pages in length and/or most elements of APA formatting used and/or APA title page provided, but not formatted according to APA guidelines. (9-10 pts.) Paper is at least 2 pages in length. Used proper APA format and included in-text citations for paraphrased or quoted material. Included APA formatted title page Earned Points Module 01 Course Project – Ethics and Creating a Mission Statement Transferable Skills Ethics and Professional Responsibility: Existing mission and code of ethics is provided with assessment of ethical implications. (10 Max Point Value) Ethics and Professional Responsibility: Evaluates business for two potential ares of ethical concern and their impact on stakeholders. Included why they were ethical concerns (20 Max Point Value) Critical Thinking: Creates new mission statement for company that demonstrates professionalism and vision. Explained the changes made and why. (20 Max Point Value) (0-3 pts.) Content was not included or incomplete, and/or extremely inaccurate (4-6 pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (7-8 pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (9-10 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (0-9pts.) Content was not included or incomplete, and/or extremely inaccurate (10-13pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (14-17pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (18-20 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (0-9pts.) Content was not included or incomplete, and/or extremely inaccurate (10-13pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (14-17pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (18-20 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. Total Points ______/___100___ Module 01 Course Project – Company Selection Total Points Possible 100 Identified a company for which students wish to develop a strategic management plan and provided a brief description of the company (40 Max Point Value) Provide reason for selecting this company (30 Max Point Value) Writing is free from spelling and grammar errors. Included an introduction paragraph with thesis, and conclusion paragraph. Used proper writing mechanics including proper grammar, sentence structure, transitions, and punctuation(20 Max Point Value) Paper meets minimum 1-page length requirement. Used proper APA formatting guidelines and included an APA formatted title page (10 Max Point Value) Insufficient/Not Evident Progressing Competent Exemplary Earned Points (0-19 pts.) Content was not included or incomplete, and/or extremely inaccurate (20-27pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (28-32pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (33-40 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (0-14pts.) Content was not included or incomplete, and/or extremely inaccurate (15-20pts.) Content shows a basic understanding of key ideas, yet includes some inaccuracies. (0-9pts.) Paper is not submitted or more than 10 errors in English grammar and mechanics observed. No introduction paragraph, thesis, or conclusion paragraph included. Proper writing mechanics were not used. (10-13pts.) 6-10 errors in English grammar and mechanics. Missing 2 or more of the following: introduction paragraph with thesis, and conclusion paragraph. Proper writing mechanics somewhat used. (21-25pts.) Content meets criteria with minimal errors, is accurate and shows a clear understanding through appropriate examples and explanations. (14-17 pts.) 3-5 errors in English grammar and mechanics, and/or missing 1 or more of the following: introduction paragraph with thesis, and conclusion paragraph. Proper writing mechanics mostly used. (26-30 pts.) Content meets or exceeds criteria, is accurate and shows an extraordinary understanding through rich examples and explanations. (18-20 pts.) 0-2 errors in English grammar and mechanics. Included an introduction paragraph with thesis, and conclusion paragraph. Used proper writing mechanics including proper grammar, sentence structure, transitions, and punctuation. (0-3pts.) Paper is not submitted or incomplete, and/or extremely inaccurate. (4-6pts.) Paper is roughly 0.5 page in length, and/ or some elements of APA formatting used and/or no title page provided. (7-8pts.) Paper is between ¾ -1 pages in length and/or most elements of APA formatting used and/or APA title page provided, but not formatted according to APA guidelines. (9-10 pts.) Paper is at least 1 full page in length or more. Used proper APA format and included in-text citations for paraphrased or quoted material. Included APA formatted title page. Total Points ______/___100__ ...
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Tutor Answer

TutorAR
School: UCLA

Hi,Find attached the completed work.Feel free to ask for any clarification or editing if need be.Looking forward to working with you in the future.Thank you.

Running head: STRATEGIC MANAGEMENT PLAN

Company Selection – The General Electric Company
Student’s Name
Professor’s Name
Course Title
Date

STRATEGIC MANAGEMENT PLAN

2

The company selected for this strategic management plan is General Electric (GE). It is
regarded as one of the most successful corporations not only in the United States but also in the
world, with its headquarters in Boston, Massachusetts (Henderson & Evans, 2000). It was
established in 1892 when as a merger between Edison General Electric Company and ThomasHouston Electric. This strategic management plan for GE will look at the code of ethics at the
company, the proposed mission statement, the internal and external market analysis, human
resources strategy, technology allocation, and the control and evaluation methods based on the
company strategy.
GE has a wide product range and services, ranging from appliances for business, aviation,
capital, critical power, Digital, energy connections, appliances for consumers, lighting, power
systems and operations planning among others. It is evident that GE operates in quite a number
of industries which tells us of how diverse operations at the company are. Despite all these, the
company prides itself in the provision of high-quality products and services that are aimed at
solving their customers’ pressing challenges around the globe, which makes it a go-to brand by
very many consumers both in the United States and the other countries in which it operates. GE,
therefore, has a good reputation in all the countries it operates because of the guaranteed
customer satisfaction through customer training on the available technologies and not just
because of the big...

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