Wheelen, T. L., & Hunger, J. D. (2010). Concepts in strategic management and business policy: Achieving sustainability (12th ed.). Upper Saddle River, NJ: Pearson/Prentice Hall.
All electronic materials are available on the student website.
Week One: Strategic Overview, Ethics, and Legal Environment Details Due Points
Objectives 1.1 Indicate why a strategic management process is needed.
1.2 Describe the primary components of the strategic management process.
1.3 Explain the relationship of ethics, social responsibility, and corporate performance in strategic planning.
Readings Review Ch. 1–3 of Concepts in Strategic Management and Business Policy.
Review this week’s Electronic Reserve Readings.
Participation Participate in class discussion. Week 1
Day 1 2
Discussion Questions Respond to weekly discussion questions. Week 1
Day 1 2
Nongraded Activities and Preparation
Final Examination Study Guide Download the Final Examination Study Guide, available on the student webpage. …show more content…
Address the following questions in your strategic plan:
• Why does Riordan need a strategic plan?
• What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?
• What competitive advantages does Riordan have, and which competitive strategies should Riordan utilize to improve innovation and sustainability in both domestic and international applications?
• What measurement guidelines should be used to verify strategy effectiveness?
• What internal dynamics along with cultural and structural leadership considerations should be used in implementing business strategy for Riordan? Rod 300 words
• How do they influence business continuity? Rod 300 words
• What assessment and feedback controls should be used to determine the direction to take Riordan? If the strategy of Riordan does not go according to plan, at what point would you consider altering the strategic plan you have