Module 1 Strategy Exercises Worksheet

Overview:

This exercise will tie concepts from the chapter material to the simulations assigned in this module. Completing this exercise will prepare you to help your group make decisions during the simulation rounds and prepare you for completing this module’s decision log journal entries and artifact analyses.

 
Specifically, you will apply what you learned in Chapters 1 and 2 to conduct a brief internal analysis, define company objectives, and outline your team’s strategy for the simulation.
 
Directions: Download and save a copy of this document so you can edit the worksheet with your responses to the questions below.
Chapter 1
 

1. What is our company’s current situation? A substantive answer to this question should cover the following issues:
   1. Is your company in a good, average, or weak competitive position vis-a-vis rival companies?

 

1. 1. Does your company appear to be in sound financial condition?

 

1. 1. What problems does your company have that need to be addressed?

 

1. Where do we want to take the company during the time we are in charge? A complete answer to this question should say something about each of the following:
   1. What goals or aspirations do you have for your company?

 

1. 1. What do you want the company to be known for?

 

1. 1. What market standing would you like your company to have after the first five decision rounds?

 

1. 1. By what amount or percentage would you like to increase total profits of the company by the end of the final decision round?

 

1. 1. What kinds of performance outcomes will signal that you and your co-manager(s) are managing the company in a successful manner?

 

1. How are you going to get there? Here you need to single out which of the basic strategic and competitive approaches discussed in this chapter (low-cost or differentiation) that you intend (at least initially) to pursue and indicate what kind of competitive advantage over rivals that you are tentatively intending to achieve.

 
 
Chapter 2

1. What would be a good slogan that captures the essence of your strategic vision and that could be used to help communicate the vision to company personnel, shareholders, and other stakeholders?

 

1. What is your company’s strategic intent?

 

1. What are your company’s financial objectives?

 

1. What are your company’s strategic objectives?

 

1. What are the three or four elements of your company’s strategy?

 
 

Rubric

 
Guidelines for Submission: To complete this assignment, submit a saved copy of this completed worksheet.
 
Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center.
 

Criteria	Exemplary (100%)	Needs Improvement (75%)	Incomplete (50%)	Not Evident (0%)	Value
Worksheet	Submitted a complete worksheet that demonstrates sincere effort.	Submitted a mostly complete worksheet that demonstrates sincere effort.	Submitted an incomplete worksheet.	Did not submit a worksheet.	100
Total					100%