MGT 498 Week 1 Discussion Questions 1

 The document MGT 498 Week 1 Discussion Questions 1 comprises solution of this task: "Comment on the company you work for, or have worked in the past, mission statement. Define what makes the mission statement good or bad. What changes may be needed in the mission statement to make it more meaningful? Does this mission statement provide the employees with a direction in the establishment of goals?"

Business - Management

 Week One


 Strategic Overview, Ethics, and Legal Environment

 ·  Indicate why a strategic management process is needed.

 ·  Describe the primary components of the strategic management process.

 ·  Explain the relationship of ethics, social responsibility, and corporate performance in strategic planning.

 Course Assignments


 1.  Readings

 ·  Read Ch. 1 of Concepts in Strategic Management and Business Policy .

 ·  Read Ch. 2 of Concepts in Strategic Management and Business Policy .

 ·  Read Ch. 3 of Concepts in Strategic Management and Business Policy .

 ·  Read this week’s Electronic Reserve Readings.

 2.  Discussion Questions


 Respond to the Discussion Questions posted by your instructor.
 Post your responses in the Main forum.



 The first two are due by Thursday, Day 3, and the balance is due by Saturday, Day 5.  Post your responses in the Main forum.

 3.  Individual Assignment: Strategic Management Process Paper

 ·  Write a 350- to 500-word paper in which you complete the following:

 o  Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company.

 o  Research at least one company and describe the strategic management process that the company uses.

 ·  Format your paper according to APA standards.

 ·  Submit the assignment: N avigate to the Assignments link on eCampus. Locate the link to submit your assignment as an attachment.

 Due Date: Sunday, Day 6 of this week by 11:59 PMArizona time. (6 points)



 Weekly Reminders


 Weekly Summaries

 Weekly summaries will be required in this course and counted as class participation.

 Discussion Questions

 Discussion question responses will count towards the class participation requirement.

 Only posts in the Main classroom forum will count towards your class participation score.

 Participation

 All Week: Remember to participate in the class discussions 4 out of 7 days during the week.

 Week Two


 Competition Strategy Formulation

 ·  Measure an organization’s internal and external environments using environmental scanning.

 ·  Determine relevant business competitive strategies.

 ·  Analyze how to create value and sustained competitive advantage through business strategy.

 ·  Choose measurement guidelines to verify strategy effectiveness.

 Course Assignments


 1.  Readings

 ·  Read Ch. 4 of Concepts in Strategic Management and Business Policy .

 ·  Read Ch. 5 of Concepts in Strategic Management and Business Policy .

 ·  Read Ch. 6 of Concepts in Strategic Management and Business Policy .

 ·  Read Ch. 11 of Concepts in Strategic Management and Business Policy

 ·  Read this week’s Electronic Reserve Readings.

 2.  Discussion Questions


 Respond to the Discussion Questions posted by your instructor.
 Post your responses in the Main forum.

 The first two are due by Thursday, Day 3, and the

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