Strategic Plan Part 1: New Product or Service, business and finance homework help

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Business Finance

Description

Use the Strategic Planning Outline as a guide to complete sections of your capstone project each week.

Write a 1,400- to 1,750-word paper in which you explain the importance of innovation in your selected business's vision, mission, and values, and determine your business model for this new division. Include the following:

  • Propose a new product or service for the new company division. The division should be customer-focused with an innovative mission statement. Ensure that you are differentiating your product or service.
  • Describe how the division addresses customer needs and achieves competitive advantage.
  • Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future.
  • Explain how the vision, mission, and value of the new division align with the company's mission and vision.
  • Summarize how the vision, mission, and values guide the division's strategic direction.
  • Define your guiding principles and values for your division in the context of culture, social responsibility, and ethics.

Format your paper consistent with APA guidelines.

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Business Model and Strategic Planning Outline BUS/475 Version 6 1 University of Phoenix Material Strategic Planning Outline I. Title Page II. Table of Contents III. Executive Summary IV. Strategic Plan Part 1: Existing Business or New Business Division; Vision, Mission, and Value Proposition V. Strategic Plan Part 2: SWOTT Analysis – Internal and External Environmental Analysis; Supply and Value Chain Analysis VI. Strategic Plan Part 3: Assumptions, Risk and Change Management Plan; Summary of Strategic Objectives; Balanced Score Card and its impact on stakeholders; the Communication Plan VII. Conclusion VIII. Reference Page
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Attached.

Running head: COCA-COLA NEW DIVISION

1

Coca-Cola New Division
Institution Affiliation:
Date:

COCA-COLA NEW DIVISION

2

Contents
Introduction .................................................................................................................................................. 2
The New Division Product ............................................................................................................................. 2
Customer needs and competitive advantage ............................................................................................... 3
Business vision and model ............................................................................................................................ 4
Aligning Division to company ........................................................................................................................ 5
Strategic direction ......................................................................................................................................... 6
Guiding principles ......................................................................................................................................... 6

Introduction
Coca-Cola is a multinationals company that manufactures retails and markets nonalcoholic beverage such as soft drinks, green tea, and healthy beverages among others. It is
located in Atlanta Georgia in the USA. The company has a secret in manufacturing their
products which have made them be competitive in the market. Coca-Cola also has a well defined
and managed supply chain system that helps it to easily source the law material and distribute the
finals products next to the customers in most parts of the world. However, the company business
does not enjoy the monopoly in the business and it is easy to run it. Coca-Cola Company
experience some competition from the competitors in the market despite that it leads the market.
It is known all over the world and is a very reputable company globally. Coca-Cola Company
manufactures ma...


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