Strategy Implementation, Evaluation and Control

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Business Finance

Description

Purpose of Assignment

Weeks 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control. The purpose of the Week 5 individual assignment is to allow the student to discuss and explain how the strategies discussed in prior weeks are converted into implementation activities both domestically and internationally, in alignment with legal, social and ethical considerations. Furthermore, the student has an opportunity to explain and discuss how the strategic plan and implementation activities will be monitored.

Weeks 3, 4, and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is Part 3 of the three part Strategic Management Plan.

Assignment Steps

Write a 1,050-word report on the company you selected in Week 3, following up on the Individual Assignment of Week 3 (Environmental Scanning), and address the following:

  • Strategy Implementation
    • Discuss International Strategy.
    • Discuss Strategic Implementation.
    • Explain the influence of Governance and Ethics.
    • Discuss the Company Social Value.
    • Discuss Innovation and Diversification.
    • Discuss Legal limitations.
  • Evaluation and Control
    • Explain Strategic Metrics.
    • Discuss Key Financial Ratios.

Cite at least 3 scholarly references.

Format your paper consistent with APA guidelines.

Unformatted Attachment Preview

Strategy Implementation, Evaluation and Control Grading Guide MGT/498 Version 4 Strategic Management Copyright Copyright © 2016 by University of Phoenix. All rights reserved. University of Phoenix® is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft®, Windows®, and Windows NT® are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix® editorial standards and practices. Strategy Implementation, Evaluation and Control Grading Guide MGT/498 Version 4 Individual Assignment: Strategy Implementation, Evaluation and Control Purpose of Assignment Week 3, 4 and 5 Individual Assignments are integrated to generate a Strategic Management Plan. This is part three of the three part Strategic Management Plan addressing strategy implementation, evaluation and control. The Purpose of the Week 5 individual assignment is to allow the student to discuss and explain how the strategies discussed in prior weeks are converted into implementation activities both domestically and internationally, in alignment with legal, social and ethical considerations. Furthermore, the student has an opportunity to explain and discuss how the strategic plan and implementation activities will be monitored. Resources Required Textbook Chapters 9, 10, 12, 13 and 14 Grading Guide Content Met Partially Met Not Met Total Available Total Earned 6 #/6 Comments: Student addresses the following regarding strategy implementation: a. Discuss International Strategy. b. Discuss Strategic Implementation. c. Explain the influence of Governance and Ethics. d. Discuss the Company Social Value. e. Discuss Innovation and Diversification. f. Discuss Legal limitations. Student addresses the following regarding evaluation and control: a. Explain Strategic Metrics. b. Discuss Key Financial Ratios. The paper is 1,050 words in length. Writing Guidelines The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements. Met Partially Met Not Met Comments: 2 Strategy Implementation, Evaluation and Control Grading Guide MGT/498 Version 4 Writing Guidelines Met Partially Met Not Met Total Available Total Earned 3 #/3 9 #/9 Intellectual property is recognized with in-text citations and a reference page. Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear, and concise. Rules of grammar and usage are followed including spelling and punctuation. Assignment Total Additional comments: # Comments: 3
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Explanation & Answer

Attached.

Running head: STRATEGIC MANAGEMENT

Strategic Management
Institution Affiliation
Date

1

2

STRATEGIC MANAGEMENT
Introduction
Facebook is a social media platform that is the most used in the world. Its main aim is
to connect as many people in the world as possible (Young, 2014). Competitors such as
Twitter are not relenting in improving their services. This has made Facebook come up with
an international strategy that will help it improve customer experience and effectively
compete with its rivals. This will ensure that Facebook remains relevant in the very volatile
environment in which it operates.
International Strategy
Facebook’s international strategy comprises several plans. The first is to develop the
internet infrastructure in countries where Facebook intends to venture in but the internet
infrastructure is poor. This will enable Facebook to access more markets and not be limited to
areas with well-developed infrastructure (Young, 2014). Facebook also intends to do target,
marketing internationally. This will mean that it will have to identify its customers' needs
depending on the age, gender, and geographical location. Facebook also intends to invest in
innovation. When it comes up with creative ways to satisfy their customers then they will
increase their profits.
The company also intends to ensure all its business partners are well paid and that
instead of relying on other companies to provide basic services, it acquires these services.
When those doing business with the company ...


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