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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1301 |
Essay's paper body
What recommendation(s) would you make to Mr. Wallace, and in what order of priorities?
I recommend using the strategic management model
? Mission
? Objectives
? Situation Analysis
? Strategy Formulation
? Implementation
? Control
"An organization's mission is the purpose or reason for the organization's existence...
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An example would be "To manufacture and develop technical products and systems in a timely manner and good quality."
"The achievement of corporate objectives should result in the fulfillment of a corporation's mission." (Hunger, et al., 2006) Some of the objectives that I suggest for the Wallace Group are Shareholder wealth, contribution to employees such as employment security, wages and diversity, market leadership, technological leadership, policies and qualified personal...
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