Create a hypothetical organization offering product /service of your choice. Ide

Question

Create a hypothetical organization offering product /service of your choice. Identify a real potential competitor in the market.

1. Name your product/service as well as organization.

2. Write the mission and objectives.

3. Scan and assess the external environment to determine the strategic factors that pose opportunities and threats.

4. Scan and assess the internal corporate environment to determine the strategic factors that are Strengths (especially core competencies) and Weaknesses.

5. Analyze strategic (SWOT) factors to (a) pinpoint problem areas and (b) review and revise the corporate mission and objectives, as necessary.

6. Generate, evaluate, and select the best alternative strategy in light of the analysis conducted in step 5.

7. State how you are going to implement selected strategies via programs, budgets, and procedures.

8. State how you are going to evaluate implemented strategies via feedback systems, and the control of activities to ensure their minimum deviation from plans.

Guidelines: Before carrying out a SWOT analysis, consider the following guidelines

: Be realistic about strengths and weaknesses. When performing a SWOT analysis on your business, be neither modest nor overly optimistic.

Consider answers from the company’s point of view and from the point of view of customers, vendors, distributors, and others who do business with them.

Distinguish between where the organization is today and where it could be in the future.

Note that the SWOT is subjective. No two persons will come up with the same SWOT.

Explanation / Answer

If I felt my group was making an unethical decision, I would quickly report it to the HR or the management whoever can help stop that decision. I would go as far as possible to stop that decision as I feel it is the right thing to do. Letting something unethical happen under your watch conflicts my personal values and the values of the company. My personal opinion of people who report wrong doing in an organization is positive. It takes guts to stand against a force and say what is happening is wrong and I am going to report it.

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.