Hello everyone, I have an Assignment for you today. This assignment must be DONE by Tuesday, October 6, 2020, no later than 10 pm. By the way, I need this assignment to be PLAGIARISM FREE & a Spell Check when completed. Make sure you READ the instructions CAREFULLY. Now without further ado, the instructions to the assignments are below:
For this assignment I need you to answer each of the following questions below with the minimum word response required (or more) beside each question. The following response to each question must go on a word document in APA FORMAT. NO PLAGIARISM and I need a PLAGIARISM REPORT upon completion. Any and all referencing must be cited and in APA format.
1. What is the difference between long-range planning and strategic planning? Explain your answer.Your response should be at least 75 words in length.
2. Are “strategic management” and “strategic planning” synonymous terms? Explain.Your response should be at least 75 words in length.
3. Distinguish between the concepts of mission and vision. Provide examples in your explanation.Your response should be at least 75 words in length.
4. Colleges and universities, like all business, have strengths, weaknesses, and competitors. What would you consider to be an online university’s internal strengths and weaknesses? Why? Also, who would you say are the competitors to online universities? What are three external opportunities and three external threats? Your response should be at least 200 words in length.
5. Within this unit, we discussed how businesses may need to adapt to changing times in order to stay competitive. Their initial practices may have worked well previously, but may not serve them well in the long term. The newspaper industry is one that may face extinction. Explain why they may need to rethink their business strategy, and provide some advice on possible strategic management changes. Be specific to include goals/objects, strengths, and weaknesses. Your response should be at least 200 words in length.
By the way, I several attachments below. The first attachment is a study guide which is an overview of the lesson. Lastly the rest of the attachments are screen shots from the textbook pages 357-361. (For referencing the book is called Strategic Management, 16th Edition, Author: Fred R. David pages 357-361). Please make sure you answer each question with the minimum response required or more. NO PLAGIARISM & Plagiarism report upon completion.
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