2. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definitions from the reading).

MyFCU – BUSI_5436_90_OL_MAIN_BUSINESS STRATEGY AND POLICY

Chapter 1

• Strategic management process
• Mission statement
• Internal and external environmental analysis (simulation uses this)
• Strategy formulation, objectives, goals, tactics
• Implementation of plans (simulation uses this)
• Control of the planning process (simulation uses this)
• Levels of strategy
• Competitive advantage (simulation important)

Please download the Weekly Assignment Submission Form under Course Information on the main course page.

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Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. SP Concepts: For the organization for which you currently work, reflect on how your workplace organization approaches mission development. Incorporate textbook concepts into your presentation.
2. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definitions from the reading).

Chapter 2

• Mission definition (used in simulation)
• Agency theory
• Stakeholder theory (used in simulation)
• Social responsibility
• Managerial ethics

Simulation Guide

• Explain how ROE and contribution margin are used in the management of the company and in the week-to-week decision process.

Please download the Weekly Assignment Submission Form under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

Week 3 Assignment: Weekly Submission

1. SP Concepts: For the organization for which you currently work, reflect on how your workplace organization approaches the formulation (crafting) of its strategic plan document. For example, how does it present objectives, goals, and tactics? Incorporate textbook concepts into your presentation.
2. Simulation: Analyze the results of Simulation Practice Round 1. Do this for four different items on the performance analysis template. Each member of the team should analyze a minimum of four different line items for both budget to actual and actual to peer.
3. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definitions from the reading).

Chapter 7

• Balanced scorecard (simulation uses this)
• Porter generic strategies (simulation uses this)
• Grand strategies

Chapter 8

• Cost leadership (simulation uses this)
• Differentiation (simulation uses this)
• Focus (simulation uses this)
• Speed
• Competitive advantage (desired simulation outcome)

Simulation Guide

• Explain how HR, TQM, and the balanced scorecard are used in the management of a company and in the week-to-week decision process.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your rationale for decisions made for the current (practice) round. Do this for four different items on the performance analysis template. Each member of the team should analyze a minimum of four different line items for both budget to actual and actual to peer.
2. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definitions from the reading).

Chapter 9

• BCG Growth-Share Matrix
• Market share and market growth rate analysis (simulation uses this)
• Core competencies

Chapter 10

• Qualities of tactics
• Value added concept
• Relationship of tactics to strategic goals (simulation uses this)
• Empowerment of functional personnel
• Role of policies
• Incentive plans
• Functional tactics in: production/operations; marketing; accounting and finance; research and development; human resources (simulation uses this)

Simulation Guide

• Explain how R&D and the perceptual map are used in the management of the company and in the week-to-week decision process.

1. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. SP Concepts: For the organization for which you currently work, reflect on how your workplace organization implements its strategic plan. Incorporate textbook concepts into your presentation.
2. Simulation: Summarize your analysis of the last practice round and your rationale for decisions made for the current practice round. Do this for four different items on the performance analysis template. Each member of the team should analyze a minimum of four different line items for both budget to actual and actual to peer.
3. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definitions from the reading).

Chapter 11

• Matching structure and strategy
• Central control versus decentralization
• Functional, product, geographic, business unit, and matrix structural types
• Strategic leadership, including the situational leadership model (simulation uses this)

Chapter 12

• Vision
• Organizational culture

Simulation Guide

• Explain how marketing, production, and automation are used in the management of the company and in the week-to-week decision process.

1. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. SP Concepts: For the organization for which you currently work, reflect on how your workplace organization approaches the control aspect of its strategic management process. Incorporate textbook concepts into your presentation.
2. Simulation: Analyze performance to budget for the last practice round and for your actual performance to that of a benchmark competitor. Do this for four different items on the performance analysis template. Each member of the team should analyze a minimum of four different line items for both budget to actual and actual to peer.
3. Textbook Concepts: Summarize your understanding of the following concepts found in the reading for the current week (do not use glossary definitions; write your own definition from the reading).

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Chapter 13

• Strategic control (simulation uses this)
• Premise control
• Strategic surveillance
• Special alert control (emergent event)
• Implementation control (simulation uses this)
• Continuous quality improvement (simulation uses this)
• ISO standards
• Balanced scorecard (revisited)

1. Rate Each Team Member’s Performance.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor.  Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor.  Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor.  Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor.  Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor.  Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template. And, perform and submit the analysis ONLY for Round 5.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
   • Round 5 decisions are due by 11:59 P.M. EST, Sunday. Round 6 decisions are due by 11:59 P.M. EST, Wednesday.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.

1. Simulation: Summarize your analysis of the previous round’s performance to budget and to a benchmark competitor. Further, explain your rationale for decisions made for the current round. Do this for four different items on the performance analysis template. Perform and submit the analysis for Round 7 only.
   • Each member of the team should analyze a minimum of four different line items. This is an individual, not a team submission. Use the form set forth in Appendix C to present your written analysis for this purpose. Your presentation should use numbers and show MBA-level insight into the reasons why a variance exists and the specific nature of each decision you made based on the analysis.
   • Round 7 decisions are due by 11:55 P.M. EST, Sunday. Round 8 decisions are due by 11:55 P.M. EST, Wednesday.
2. Rate Each Team Member’s Performance.

Please download the Weekly Assignment Submission Form and the Performance Analysis Template under Course Information on the main course page.

Please note when naming your assignment submission file, MyFIRE will not accept documents with special characters in the title.