Business and Economics at Vail Resorts
Order ID 7471590514 Subject Business and Economics Topic Vail Resorts Type Essay Level College Style APA Sources 5 Language English(U.S.) Description Step 4: Strategic Role of CorporateInternal Strategy Analysis Strengths and Weaknesses
Corporate level strategy, business level strategy, and functional level strategy are the three levels of strategy. Corporate-level strategies are concerned with the businesses or marketplaces in which the focus corporation can successfully compete. Top management formulates corporate level strategies with input from middle and lower management, which affect the entire organization. Corporate level strategy decisions are deemed difficult since they affect the entire company and are linked to an organization’s resource capabilities. Corporate strategy should be aligned with an organization’s mission statement and centered on goals and objectives.
Analyze the following:
Strategies at the corporate level
Create a partial SWOT table, conduct a SW analysis, and analyze the strategic implications/inferences. (Discuss what tactics might allow the company to capitalize on its significant strengths while also improving on its major deficiencies.)
Make an analysis of the IFE matrix. Explain how the matrix was created and explore the strategic implications/inferences.
Create a Grand Strategy Matrix for your organization. Explain how the matrix was created and analyze the strategic implications/inferences at the corporate and business unit levels.
Step 5: Internal Resources/Departments/Processes’ Strategic RoleAnalyze the following:
Strategies at the corporate level
Examine the company’s product portfolio as well as its target market.
Identify and explain high-level business strategies.
Strategies at the functional level
Examine the company’s organizational structure, culture, marketing, production, operations, finance and accounting, and R&D. This can be done by looking at the company’s website, conducting interviews, and filling out surveys.
Describe how these initiatives are in line with the company’s vision and mission.
6th step: Financial Strategic Analysis for the Most Recent Fiscal YearCalculate at least ten (10) key financial ratios for the firm that are relevant to the focal company using the company’s income statement and balance sheet. So that the ratios do not all come from the same category, there must be a mix of four major categories, including leverage, liquidity, profitability, and efficiency. The following categories must be used to pick certain ratios.
Ratios of Leverage (Long term debt ratio, Total debt ratio, Debt-to-equity ratio, Times interest earned ratio, and Cash coverage ratio).
Ratios of Liquidity (Net working capital to total assets ratio, current ratio, quick ratio, and cash ratio)
Ratios of Efficiency (Asset turnover ratio, Average collection period, Inventory turnover ratio, and Days sales outstanding)
Ratios of Profitability (Net profit margin, Return on assets, and Return on equity)
The ratios chosen must be relevant to the focal company, therefore it is critical to make an informed decision.
Quote financial average ratios from the industry that correspond to the 10 financial ratios chosen for the focal company. If you go to the library, you can locate the industry averages. If you can’t find what you’re looking for on your own, ask the librarian for help because these resources are widely available.
Discuss the financial position of the company through financial ratio analysis. Include whether the financial ratio of the company is a strength, weakness, or neutral element.
Note that if you copy something straight from the internet, you’ll get a zero. Any table or figure that is placed in a table must be explained in depth.Step 7: Analyze the Composite
A composite analysis is one in which you combine important factors from several other analyses (EFE Matrix, IFE matrix, CPM matrix, SWOT, Grand Strategy Matrix and QSPM). The QSPM is a method that uses external and internal key success variables to estimate the relative attractiveness of possible alternative tactics.
Create a QSPM (Qualitative Strategic Planning Matrix) analysis. Make careful to go through how the matrix was created as well as the strategic implications.
Create a composite internal factor strategy analysis based on the qualitative and quantitative analytical results from the previous processes.
Step 8: Developing Alternative StrategiesYou will look at the organization’s business level strategy, corporation level strategy, and global strategy to develop a pool of strategies. You will construct a pool of strategies using the information and data gathered throughout your investigation, as well as the analytical results from (a) external factor analysis in Project 1 and (b) internal factor analysis in Project 2.
Create a minimum of three feasible company-wide alternative plans.
Identify and explain cultural and organizational aspects that should be taken into account while evaluating and selecting among various options.
Step 9: Prioritize your strategyPrioritize strategies and explain them using course information to back up your arguments. Make use of the tools you acquired in class.
Step 10: Choosing a StrategyDescribe how to choose the most effective strategy or tactics.
Recommend one or two of the finest long-term strategies and objectives from among the alternatives, and explain why these strategies and objectives are the best.
Identify strategy recommendations using the structure below for strategy formulation. Make sure your presentation is comprehensive.
View the Content Guidelines for the Strategy.
Objective (The desired outcomes to be achieved)
the goal (Measurable milestone toward accomplishing the Goal)
plan of action (The approach used to achieve the Goal)
a strategy (A specific activity undertaken to implement the Strategy)
Compare and contrast Strategy vs. Operations and Strategy vs. Tactics in this resource.
Step 11: Put Your Strategy Into ActionRecommend processes for implementing the approach.
Discuss who, what, and how the chosen strategy or strategies will be implemented at the corporate, business-unit, and functional levels.
Step 11: Evaluate the strategyMake use of the frameworks and technologies that have been discussed during the course. Back up your arguments and findings.
Discuss the procedures for reviewing and evaluating strategies.
Examine the most acceptable evaluative criteria (including who, what, when and how at the corporate level, business-unit level, and functional level)
At the corporate, business-unit, and functional levels, discuss a corrective action plan (including who, what, when, and how).
Conclusion (Step 12)Conclude with a paragraph. The objective of the conclusion is to underline the purpose/importance of the analysis, the significance/consequence of findings, and the broader applications that are drawn from the project’s requirements. You’ll make judgments based on the results of the external environment analysis.
Spacing Double Pages 3
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. GET THIS PROJECT NOW BY CLICKING ON THIS LINK TO PLACE THE ORDER
CLICK ON THE LINK HERE: https://www.perfectacademic.com/orders/ordernow
Also, you can place the order at www.collegepaper.us/orders/ordernow / www.phdwriters.us/orders/ordernow
Do You Have Any Other Essay/Assignment/Class Project/Homework Related to this? Click Here Now [CLICK ME]and Have It Done by Our PhD Qualified Writers!!