ToolsCorp Corporation is a fictitious company that does
exist anywhere. For the purpose of this course, it is located it in Tennessee.
As members of the senior management team of ToolsCorp Corporation, your group
has been asked to prepare a neat and organized report for the Strategic
Officers Steering Committee (SOS-C) of ToolsCorp Corporation. The purpose of
this paper is to obtain permission from them to go forward with the next step
(developing a full-blown business plan) for ToolsCorp’s strategic initiative to
break into the global marketplace.
Your group’s
paper should discuss the following (at a minimum):
·
A complete strengths, weaknesses, opportunities, and
threats (SWOT) analysis (including at least 5 factors from each category and
full explanations of why each factor is important and why it was placed in the
category) of the environment that exists within ToolsCorp and the environment
that ToolsCorp is proposing
·
An outline of the business plan to be developed for
ToolsCorp’s strategic initiative
·
A full mission statement containing the nine components
and presented in a well written paragraph
·
Key operating principles as you will apply them
·
A preliminary market analysis
·
The one-year, five-year, and ten-year strategic
objectives of the strategic initiatives presented as one strategic proposal for
each time frame (3 strategic proposals in all), complete with implementation
plans, potential ramifications, and feedback mechanisms
·
The additional material that your group considers
necessary to support the case for going forward with ToolsCorp’s global
strategic initiative (This is not optional, you must input additional
material.)
Background Information
ToolsCorp
Corporation is a fictitious company that does exist anywhere. For the purpose
of this course, it is located it in Tennessee. It builds power tools, lawn
mowers, lawn furniture, microwaves, and ranges. All products are manufactured
locally and sold through large retailers. They have sale papers inserted in
every Friday and Tuesday paper. Although they have a thriving business in the
United States and Canada, ToolsCorp is trying to break into the global
marketplace.
Deliverable Length
The deliverable
length is at least 15 pages (cover page and reference page not included). As
graduate business students, you are required to provide a well-researched and
analyzed comprehensive response to every assignment question. Brief, vague,
generic, or nondefinitive responses will not earn good grades.
This group
project requires a minimum of 15 scholarly sources, a minimum of 1 per page.
You are welcome and encouraged to use the David textbook and the course
materials for this course.
For references,
use the APA guide that is available as shown in the Virtual Campus under
“Interactive Learning.”
Remember that
any paper longer than 10 pages requires the submission of an abstract.
Submit your group’s Word document to your instructor via
the Small Group Submitted Assignment area in APA format.
Objective
The Objective of
the Unit 5 Group Project Assignment will involve the following the course
outcomes and grading criteria with their respective percentages for the grading
rubric:
·
Identify examples of good and bad business practices in
the use of strategy design components (30%).
·
Research and discuss some of the changes occurring in the
way that organizations structure themselves and their work (30%).
·
Develop plans to improve business operations (20%).
·
Use effective communication techniques (20%).
For assistance with your assignment, please use your
text, Web resources, and all course materials.
This assignment will be assessed using additional
criteria providedhere.
|
Grading Criteria |
Percentage |
|
Deliverable requirements |
35% |
|
Scholarly research which |
20% |
|
Critical thinking: position |
20% |
|
Structure: includes |
10% |
|
Mechanical – no spelling, |
10% |
|
APA – deliverable is cited |
5% |
