{"id":25923,"date":"2024-05-16T14:50:51","date_gmt":"2024-05-16T14:50:51","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/wk-2-discussion-setting-direction-advantages-disadvantages-and-decision-models\/"},"modified":"2024-05-16T14:50:51","modified_gmt":"2024-05-16T14:50:51","slug":"wk-2-discussion-setting-direction-advantages-disadvantages-and-decision-models","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/wk-2-discussion-setting-direction-advantages-disadvantages-and-decision-models\/","title":{"rendered":"Wk 2 Discussion &#8211; Setting Direction, Advantages \/ Disadvantages, and Decision Models"},"content":{"rendered":"<h1 style=\"cursor: auto;\">\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Course Textbooks:<\/span><\/p>\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Gamble, J., Peteraf, M., &amp; Thompson,<br \/>\nA. (2023), Essentials of strategic management, McGraw-Hill Course Content<br \/>\nDelivery (8th ed.), New York, NY. ISBN10: ISBN13: 9781266496028. <\/span><\/p>\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-ligatures: inherit; font-variant-caps: inherit;\">Keller, T. (2014), Every good endeavor:<br \/>\nConnecting your work to God&#8217;s work, Riverhead Books, New York, NY. ISBN:<br \/>\n9781594632822.<\/span><\/p>\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-ligatures: inherit; font-variant-caps: inherit;\">Krogerus, M., &amp; Tsch\u00e4ppeler, R.<br \/>\n(2017), The decision book: 50 models for strategic thinking., W.W. Norton &amp;<br \/>\nCo. (Revised ed.), New York, NY. ISBN: 9780393652376.<\/span><\/p>\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><span style=\"color: inherit; font-size: 12pt; background-color: var(--color-6); font-variant-ligatures: inherit; font-variant-caps: inherit;\">Rumelt, R. (2011), Good strategy\/bad<br \/>\nstrategy: The difference and why it matters., Crown Business, New York, NY.<br \/>\nISBN: 9780307886231.<\/span><\/p>\n<\/h1>\n<h1 style=\"cursor: auto;\"><span style=\"background-color: var(--color-6); color: inherit; font-size: 14pt; font-variant-ligatures: inherit; font-variant-caps: inherit;\">Discussion Assignment Instructions<\/span><br \/><\/h1>\n<div>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"color: inherit; background-color: var(--color-6); font-variant-ligatures: inherit; font-variant-caps: inherit;\">&nbsp;<\/span><b style=\"color: inherit; font-variant-ligatures: inherit; font-variant-caps: inherit; background-color: var(--color-6); cursor: auto;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Overall<br \/>\nGuidance:<\/span><\/b><\/p>\n<\/div>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><\/p>\n<p style=\"margin-left: 22.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">The first six discussions in this class will<br \/>\nfocus on a series of questions in the areas of Process (steps to be taken),<br \/>\nStrategic Thinking (current theory), and Decision Models (decision making<br \/>\nmethodology. The student should organize their main thread by using the bolded<br \/>\nheadings provided and then respond to the question. The student will post a<br \/>\nreply to a single main thread and should organize their reply by using the<br \/>\nbolded headings provided. <\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><\/p>\n<p style=\"cursor: auto; color: inherit;\">&nbsp;<span style=\"color: inherit; font-size: 12pt; font-weight: bolder; background-color: var(--color-6); font-variant-ligatures: inherit; font-variant-caps: inherit;\">Discussion Thread: Setting Direction, Advantage\/Disadvantages, and Decision Models<\/span><\/p>\n<div style=\"cursor: auto; color: inherit;\">\n<p style=\"margin: 12px 0px; font-size: 0.9rem; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Strategy is critical to the process of charting a company\u2019s 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.<\/span><\/p>\n<p style=\"margin: 12px 0px; font-size: 0.9rem; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">For your main thread, perform the following:<\/span><\/p>\n<ol style=\"margin-right: 0px; margin-bottom: 6px; margin-left: 25px; cursor: auto; color: inherit;\">\n<li style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Discuss the process of setting the company\u2019s direction with strategy.<\/span><\/li>\n<li style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Discuss a key advantage or disadvantage created by strategic choices.<\/span><\/li>\n<li style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Discuss your current decision model(s) and others that are being considered.<\/span><\/li>\n<li style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Develop an Annotated Bibliography for the additional references used in your discussion.<\/span><\/li>\n<li style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Support all of your factual assertions with citations.<\/span><\/li>\n<\/ol>\n<\/div>\n<p style=\"margin-top: 0.6pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><\/p>\n<p style=\"margin-left: 23.95pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Minimum of 500 words in the body.<\/span><\/p>\n<p style=\"margin-left: 23.95pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Minimum of 2 sources from the literature<br \/>\nin addition to course texts.<\/span><\/p>\n<p style=\"margin-left: 23.95pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Use bolded headings below in the<br \/>\ndiscussion.<\/span><\/p>\n<p style=\"margin-left: 23.95pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Current APA format must be used.<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><\/p>\n<p style=\"margin: 0.05pt 0in 0.0001pt 23.95pt; line-height: 13.4pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Use<br \/>\nthe following<span style=\"cursor: auto; color: inherit;\"> <\/span>outline:<\/span><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Introduction<\/span><\/b><\/p>\n<p style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Process: Business Strategy Development<\/span><\/b><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"> \u2013 What is the<br \/>\nprocess for developing a business strategy? Discuss the process in no less than<br \/>\n200<span style=\"cursor: auto; color: inherit;\"> <\/span>words.<\/span><\/p>\n<p style=\"margin-right: 23.45pt; line-height: normal; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Strategic<span style=\"cursor: auto; color: inherit;\"> <\/span>Thinking:<span style=\"cursor: auto; color: inherit;\"> <\/span>Key<span style=\"cursor: auto; color: inherit;\"> <\/span>Decisions<\/span><\/b><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"> \u2013 What are the key decisions n<\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">ecessary<span style=\"cursor: auto; color: inherit;\"><br \/>\n<\/span>for<span style=\"cursor: auto; color: inherit;\"> <\/span>making<span style=\"cursor: auto; color: inherit;\"> <\/span>strategy<span style=\"cursor: auto; color: inherit;\"><br \/>\n<\/span>choices<span style=\"cursor: auto; color: inherit;\"> and w<\/span>hy are they<br \/>\nimportant? Discuss the key decisions and their importance in no less than 150<span style=\"cursor: auto; color: inherit;\"> <\/span>words.<\/span><\/p>\n<p style=\"margin: 0.05pt 33.5pt 0.0001pt 42pt; line-height: normal; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Decision Model &#8211; <\/span><\/b><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">What are my current decision models<br \/>\nand how do they aid \/ hinder this process. Discuss your current decision models<br \/>\nand how they aid \/ hinder the strategy development process in no less than 150<span style=\"cursor: auto; color: inherit;\"> <\/span>words.<\/span><\/p>\n<p style=\"margin-left: 42pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Conclusion<\/span><\/b><\/p>\n<p style=\"margin-left: 24pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">&nbsp;<\/span><\/p>\n<p style=\"margin-left: 24pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Support your<br \/>\nfactual assertions with<span style=\"cursor: auto; color: inherit;\"> <\/span>citations.<\/span><\/p>\n<p style=\"margin: 0.35pt 1pt 0.0001pt 24pt; line-height: 26.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Include an<br \/>\nAnnotated Bibliography, in current APA format, of the 2 additional Sources: <\/span><\/p>\n<p style=\"margin: 0.35pt 1pt 0.0001pt 60pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Minimum<br \/>\nof 250 words in each annotation<\/span><\/p>\n<p style=\"margin: 0.35pt 1pt 0.0001pt 60pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Use<br \/>\nthe bolded headings below for each annotation<\/span><\/p>\n<p style=\"margin: 0.35pt 1pt 0.0001pt 24pt; line-height: 26.5pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Use the following<br \/>\noutline:<\/span><\/p>\n<p style=\"margin: 0.35pt 0in 0.0001pt 45pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Summary of Key Points<\/span><\/b><\/p>\n<p style=\"margin: 0in 1pt 0.0001pt 45pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Evaluation of the Quality of the Publication <\/span><\/b><\/p>\n<p style=\"margin: 0in 1pt 0.0001pt 45pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Evaluation of the Quality of the Author(s) <\/span><\/b><\/p>\n<p style=\"margin: 0in 1pt 0.0001pt 45pt; cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\"><span style=\"cursor: auto; color: inherit;\">\u00b7<span style=\"font-size: 7pt; line-height: normal; cursor: auto; color: inherit;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><\/span><\/span><b style=\"cursor: auto; color: inherit;\"><span style=\"font-size: 12pt; cursor: auto; color: inherit;\">Where this fits into the discussion<\/span><\/b><\/p>\n<p style=\"cursor: auto; color: inherit;\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Course Textbooks: Gamble, J., Peteraf, M., &amp; Thompson, A. (2023), Essentials of strategic management, McGraw-Hill Course Content Delivery (8th ed.), New York, NY. ISBN10: ISBN13: 9781266496028. &nbsp;Keller, T. (2014), Every good endeavor: Connecting your work to God&#8217;s work, Riverhead Books, New York, NY. ISBN: 9781594632822. &nbsp;Krogerus, M., &amp; Tsch\u00e4ppeler, R. (2017), The decision book: 50 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[17],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/25923"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=25923"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/25923\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=25923"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=25923"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=25923"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=25923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}