44. Stages in a Vertical Value Chain 8- Figure 8.6
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Editor's Notes
There is no one best answer. Students should discuss instances when one part would be more important than another.
Corporate and business-level goals and strategies require long- and intermediate-term plans. Functional plans focus on short-to intermediate-term plans Most organizations have a rolling planning cycle to amend plans constantly.
Planning seeks predict the future, but the future is unpredictable. By generating multiple possible “futures,” a firm can see how its plans might work in each and prepare for the possible outcomes. Scenario planning is a learning tool to improve strategic planning results.
The correct answer is “B” – unrelated diversification. See slide 8-49.
The correct answer is “C” – wholly owned foreign subsidiary. See next slide.
Black Hawk Down is based on the U.S. mission in Somalia. It is told mostly from the viewpoint of Eversmann (Josh Hartnett) a “chalk” leader. In October of 1993, U.S. forces captured men loyal to General Aidid, the leader of the Somalia rebels. The mission did not go well. The American troops were trapped in Mogadishu overnight under constant enemy fire. Nineteen American soldiers were killed and more than a thousand Somalis. In this scene, (Ch 2 The plan), General Garrison (Sam Shepard) is covering the plan to capture Aidid’s men. Were there any problems with the General’s plan? Did the soldiers have any feedback or disagreement with any aspect of the plan? Should a manger ask for feedback from subordinates when planning? Where the plan objectives SMART?
