Industrial Organization Model

(This is Step 2 of the assignment. You are asked to apply the industrial organization model to determine how your corporation could earn above-average returns and to support your response with specific evidence. Apply the components of the model, as described in the course material, to the specific corporation. Demonstrate an understanding of the concepts and how to apply those concepts to a real-world corporation. Support your rationale with specific evidence. Delete this text)

Resource-Based Model

(This is a continuation of Step 2 of the assignment. You are asked to apply the resource-based model to determine how your corporation could earn above-average returns and to support your response with specific evidence. Consider the corporation’s unique resources (corporate culture, land, location, equipment, brand, reputation, trademarks, patents, etc.) and capabilities (skills, experience, etc.) that set it apart from its competition. Walk through the components the model suggests are needed to earn superior returns. Support your rationale with specific evidence. Delete this text)

Vision

(This is Step 3 of the assignment. You are asked to assess how the vision statement of the corporation influences its overall success and to support your assessment with specific evidence. Consider the various aspects of vision statements discussed in the course and assess [e.g., make judgments about] their impacts on the selected corporation. Address how the specific vision statement of the chosen corporation influences its overall success. Delete this text)

Mission

(This is a continuation of Step 3 of the assignment. You are asked to assess how the mission statement of the corporation influences its overall success and to support your assessment with specific evidence. Consider the various aspects of mission statements discussed in the course and assess [e.g., make judgments about] their impact on the selected corporation. Address how the specific mission statement of the chosen corporation influences its overall success. Delete this text)

Stakeholders

(This is Step 4 of the assignment. You are asked to evaluate how each category of stakeholder impacts the overall success of the corporation and to support your response with specific evidence. Consider how each classification of stakeholders impacts the selected corporation’s success. Evaluate [e.g., make judgments about] each category as it relates to the corporation and in a way that shows a clear understanding of stakeholder classifications. Support your evaluation with relevant and specific evidence. Delete this text)

Sources

1. Michael A. Hitt. 2020. Strategic Management: Concepts and Cases: Competitiveness and Globalization. 13th ed. Cengage Learning.

2. Author. Publication Date. Title. Page # (written as p. #). How to Find (e.g., web address)

3. Author. Publication Date. Title. Page # (written as p. #). How to Find (e.g., web address)

(Add entries if needed and be sure to apply Strayer Writing Standards (SWS). Delete this text.)

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