Rauch -OL BA_2010_Homework_2.doc - Be sure to fully explain...

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Be sure to fully explain your answers to each of the following questions. Chapter 7 – Formulating Plans and Strategies 1. In terms of the generic competitive strategies model, which of the four strategies is your organization following? Do the strategies support the vision, mission, and goals? Does the organization have critical strengths, weaknesses, opportunities, and threats that will help them or hurt them in reaching their goals? Be sure to fully explain your answers. Our organization uses the focused differentiation strategy by targeting the retirement and senior level audience. To set ourselves apart from our competitors, we have one campus dedicated to caring for seniors with Alzheimer’s and Dementia during the day to assist families while they are working. As most of us would do, we want to keep our parents close to us but this is difficult when you work so the Adult Day Services has been a great solution to this need. This campus is just a small part of our mission to serve others with respect and compassion. Our team of partners are definitely utilizing their strengths to better our community and this dedication helps to meet our mission, vision and goals. As an alternative, if you are not currently employed, you may use a previous employer or the employer of a close friend or relative. Prepare a 2 - 3 page paper (typed, 12-font, double-spaced) addressing the following areas of the planning functions 2. Prepare a SWOT (stands for Strengths, Weaknesses, Opportunities, and Threats) analysis of your organization answering the following questions: What are your organization's strengths and weaknesses? What are several of the potential opportunities and threats facing your organization? You should have at least 2- 4 items for each of these areas (strengths, weaknesses, opportunities, threats). You can put these in the paper in bullet format if you choose, but be certain to give explanations for each of them. Chapter 8 – Fundamentals of Decision-Making 3. Identify two adaptive or innovative decisions that you have made during the past year or so. Describe how you made them.
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