Precision parts – strategic management analysis
A strategic management plan is vital for the company business today. Review the company scenario at the beginning of the course for additional information regarding growth goals. Create a basic strategic management plan for PPQ Parts including quantifiable goals and measures. Include the following in your report:
Provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability, and so forth.
Address internal resource analysis such as managerial and financial strengths and weaknesses.
Please include short-term and long-term strategic goals.
Location consideration for implementation is vital. Please explain the benefits and limitations for expansion in your chosen area.