Business 499 Week 1 Assignment

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timer Asked: Apr 4th, 2017
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Question Description

Assignment 1: Strategic Management and Strategic Competitiveness

Due Week 2 and worth 300 points

Choose one (1) public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and Exchange Commission EDGAR database (http://www.sec.gov/edgar.shtml), in the University's online databases, and any other sources you can find. The annual report will often provide insights that can help address some of these questions.

Write a four to six (4-6) page paper in which you:

  1. Assess how globalization and technology changes have impacted the corporation you researched.
  2. Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
  3. Assess how the vision statement and mission statement of the corporation influence its overall success.
  4. Evaluate how each category of stakeholder impacts the overall success of this corporation.
  5. Use at least two (2) quality references. Note: Wikipedia and other Websites do not quality as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Determine ways in which the vision, mission, and stakeholders of a firm impact that firm’s overall success.
  • Use technology and information resources to research issues in business administration.
  • Write clearly and concisely about business administration using proper writing mechanics.

Tutor Answer

benwamonicah
School: Purdue University

Attached.

Strategic Management and Strategic Competitiveness
Thesis statement: Strategic management is a very crucial aspect in a business since it creates
room for strategic competitiveness. The following paper is a discussion on: -

1. Introduction to JPMorgsan Chase & Co.
2. How globalization and technology changes have impacted JPMorgan Chase & Co
3. Application of the industrial organization model and the resource-based model to
determine how the corporation could earn above-average returns.
4. How the vision statement and mission statement of the corporation influence its overall
success.
5. How each category of stakeholder impacts the overall success of this corporation
6. References


Running Head: STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS

Strategic Management and Strategic Competitiveness
Institution Affiliation
Date

1

STRATEGIC MANAGEMENT AND STRATEGIC COMPETITIVENESS

2

Question 1
JPMorgan Chase & Co. is a firm that is built of more than one thousand, two hundred
predecessor organizations. The organizations have come together and built the single company
that exists today. The roots of the organization can be traced in New York back in the year 1799.
The company operates globally and has reaped numerous benefits from globalization. To start
with, globalization has assisted the enterprise to have access to cheap labor as well as the raw
materials that the company uses (Chandler and Werther, 2013). Due to its ability to cooperate
with countries all over the world, the company is able to advertise for any open positions and
people from different countries can apply. This enables the company to make a comparison
between the various applicants and pick the ones who do not quote very huge figures in terms of
payment.
In addition to cheap labor, globalization has permitted the establishment to access highskilled personnel. Based on the fact that applicants from all corners of the globe c...

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Review

Anonymous
Good stuff. Would use again.

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