Strategic Management Discussion Questions
Assignment Details (Strategic Management) Discussion
This assignment has 4 parts. (Should be 7 answers) Write the question followed by the answer for each one)
- What questions do you have about the overarching Unit 5 assignment?
Although it is not due until the end of the class, it is important that you begin planning for this project early in the course. What are your initial thoughts about how you will approach this assignment? Explain. - What are the most important elements of a Business Plan? Why?
- What other elements should be added to the Business Plan to encourage potential investors?
- How important is accurate financial data to the Business Plan? Why?
Assignment Details (Quality Management) Discussion
This assignment has 4 parts:) (Should be 6 answers) Write the question followed by the answer for each one)
- What questions do you have about the overarching Unit 5 assignment? Although it is not due until the end of the class, it is important that you begin planning for this project early in the course. What are your initial thoughts about how you will approach this assignment? Explain.
- What is benchmarking and how can it be used to support continuous improvement efforts and an organization’s ability to achieve optimum performance?
- What is the PDSA cycle and how is it used to support continuous improvement?
- Given scarce resources and competing demands, how do businesses prioritize areas for improvement?