BUSINESS 221: Week 2-Setting Direction Thread: Setting Direction, Advantages/Disadvantages, and Decision Models

Discussion Thread: Setting Direction, Advantages/Disadvantages, and Decision Models

Background Information:

Strategy is critical to the process of charting a company’s direction in the business environment. When evaluating strategic choices, it is important to understand key advantages and disadvantages of the various options under consideration. Decision models continue to impact strategy development and should continuously be evaluated, and others considered.

For your main thread, perform the following:

1. Discuss the process of setting the company’s direction.

2. Discuss a key advantage or disadvantage created by strategic choices.

3. Discuss your current decision model(s) and others that are being considered.

4. Develop an Annotated Bibliography for the references used in your discussion.

5. Support all of your factual assertions with citations.

Minimum of 500 words in the body Minimum of 2 sources from the literature in addition to course texts Current 7TH Edition APA format must be used.

Use the following outline:

• Introduction.
• Process: Setting the Company’s Direction with Strategy – What is the process in no less than 200 words.
• Strategic Thinking: Discussion of a Key Advantage or Disadvantage from Rumelt – What is it and why is it important in no less than 200 words.
• Decision Model: no less than 100 words How do my decision models aid / hinder this process and why?
• What other decision models are being considered and why?
• Conclusion
• Support your factual assertions with citations.

Place your order now for a custom paper on the above or a related topic or instructions!

Click HERE to order!