BUSA 4126: Team Strategic Audit
Instructions Brief Overview #1 –More detailed instructions will be given in week two.Quality project papersare usually no shorter than 35 pagesand averages approximately 38 pages. This is TEAM project, thus it is only about seven pages per student with charts/tables. Additionally, yourgroup will do a 15minuteoral presentationwith a 5-8 minute Q&A session. Students will participate in a learning team comprehensive project. The learning teams will be assigned companies early in the semester to analyze. Each learning team will turn in a written analysis on the company assigned. The learning teams will be provided a major company to research and audit by Dr. Torrance. On average, the audit is usually around 38pageswithfive to six team members. Strategic Planning Audit The strategic planning audit is a learning team assignment, NOT a collection of individual papers combined to form one big paper. Learning team members are responsible for contributing to reading, editing, checking citations, and proofreading the entire paper, not just a portion of it.
If portions of the learning team paper contain plagiarized sources or material, the entire learning team will receive a grade of “F” for the course. Youwill turn in throughout the semester elements of YOUR portion of the project. If you fail to turn in these periodic individual progress assignments or do a poor job on them your individual portion of the team project grade will be negatively affected. Additionally, an individual student’s grade could be negatively impacted by the monthly peer evaluations or lack of correspondence per Dr. Torrance’s discretion. Dr. Torrance WILL NOT ACCEPT HANDWRITTEN OR POORLY PREPARED assignments. Since no team projects will be accepted late, the learning team leader (or a member on the team) must submit one copy of the assignment on the due date. The assignment must have a cover page with the following information: the assignment and company’s name, all students’ name inthe learning team, date, and course number. If the assignment does not have a cover page as requested by Dr. Torrance, 10% of the grade will be deducted. Also, the student should include reference pages and all assignments must follow APA guidelines. Search Purdue APA OWL for APA style guideline on Google.com. See next page for details.
- Give a brief overview of the company and discuss the company’s industry
- Identify the firm’s existing vision, mission, overall objective, and strategies.
- Evaluate the mission statements for the organization and its competitors according to the nine mission statement components, and develop an “improved” mission statement for the organization.
- Discuss any ethical issues that the company had dealt with in the past or is dealing with currently. Did anything adverse come from it and what can they do to make amends?
- Identify the organization’s external opportunities and threats
- Construct and explain the External Factor Evaluation (EFE) Matrix.
- Construct a Competitive Profile Matrix (CPM). Include at least eight factors and two competitors.
- Identify the organization’s internal strengths and weaknesses. Construct and explain the Internal Factor Evaluation (IFE) Matrix.
- Describe the financial condition.
Develop and explain the financial analysis providing ratios, balance sheet, and income statement.(Must be detailed with clear interpretation of the included financial charts/tables–Very Important Analysis).Prepare charts/tableand explain each factor of the following:
- Strengths-Weaknesses-Opportunities-Threats (SWOT) Matrix,
- SPACE Matrix,
- IE Matrix
- Grand Strategy Matrix
- Utilizing the strategies developed from your matrices, construct a Quantitative Strategic Planning Matrix (QSPM) (Most important analysis). Be specific in terms strategies. You should have at least three strategies including one that state”keep current strategy”.
- Present/detailyour recommendations for the company and include justification for these recommendations. Compare and contrast your recommendations to actual strategies planned by the company.
- Detailed conclusion