BUS475 University of Phoenix Business Model and Strategic Plan Paper

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Business Finance

BUS475

University of Phoenix

Description

Signature Assignment: Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis

This is a continuation of the previous assignments throughout this course where the business discussed is Walmart.

About Your Signature Assignment

Signature/Benchmark Assignments are designed to align with specific program student learning outcome(s) in your program. Program Student Learning Outcomes are broad statements that describe what students should know and be able to do upon completion of their degree. Signature/Benchmark Assignments are graded with a grading guide or an automated rubric that allows the University to collect data that can be aggregated across a location or college/school and used for course/program improvements.

Purpose of Assignment

The purpose of The Final Strategic Plan is to allow the student to develop a comprehensive strategy for a new division of an existing company. This analysis will be the culmination of all the previous week's coursework as well as e objectives covered during their entire degree work.

Assignment Steps

Resources: Strategic Planning Outline and Week 5 textbook readings

Develop a minimum of 700-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.

  • Identify marketing and information technology as part of the strategies and tactics section of the business plan.
  • Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.
  • Determine the best possible options for evaluating the strategic plan.
  • Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.
  • Show, in this section, the possible implications of the triple bottom line (people, planet, profit) on the strategic plan and its implementation.

Prepare a minimum 350-word executive summary defining the new division of existing business. Share your Vision, Mission, final business model, and value proposition, and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.

Note: Any investor should be eager to meet with you after reading your executive summary.

Use the Strategic Planning Outline as a guide, and combine Parts 1, 2, and 3 of your completed business model strategic plan with your Final Business Plan Model assignment and Executive Summary. This includes the Business Model, Vision, Mission, Values, SWOTT Analysis, Supply Chain Analysis, and Balanced Scorecard and Communication Plan from prior weeks. Your consolidated final strategic plan should be a minimum of 4,200 words in length.

Format the paper consistent with APA guidelines.

Unformatted Attachment Preview

Strategic Planning Outline BUS/475 Version 7 1 University of Phoenix Material Strategic Planning Outline I. Title Page II. Table of Contents III. Executive Summary IV. Strategic Plan Part 1: New Business Division of an Existing Company; Vision, Mission, and Value Proposition V. Strategic Plan Part 2: SWOTT Analysis – Internal and External Environmental Analysis; Primary Internal Considerations for the Development of a Strategic Plan. VI. Strategic Plan Part 3: Assumptions, Risk and Change Management Plan; Summary of Strategic Objectives; Corporate Social Responsibility: Balanced Score Card and its impact on stakeholders; the Communication Plan VII. Strategies and Tactics Section VIII. Conclusion IX. Reference Page
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Name of Student
Name of Institution
Subject

Business Model and Strategic Plan

Introduction

Marketing and Information Technology strategies assist the business in achieving
sustainable competitive advantage. A good marketing strategy is achieved by a careful
evaluation of the business internal and external environment in order to identify business
opportunities and threats. It calls for conducting a SWOT analysis and PEST analysis. After
setting the goals for the business, what remains is to come up with a marketing strategy or plan
on how to achieve the goals and objectives.
Strategies
Strategies do take different angles, for example they can change from time to time and
sometimes call for interactions. The strategy seeks to define the specific action that the business
ought to take in order to achieve its goals. In marketing the marketing mix strategy model
enables the entrepreneur to allocate resources for different functions in the business. The mix
enables the business to carry out an analysis of customers, products and prices.

This is best

combined with the 3C’s strategy which addresses the Corporation, customer and competitor. It
seeks to put the busin...


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