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.)- 2 pages with charts
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 Wednesday and Sunday 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). 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.
