Strategic Planning
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A. Provide an example of an industry or company that has changed its strategy over time as environmental factors such as technology, competition, and consumer preferences have changed.
b. With the information from a, explain the changes in environment and in the industry's or company's evolving strategy
a. Share the vision and mission statement of a (DPSS-Welfare Department-my company) or firm (or one with which you are familiar-Kodak).
b. Based on a, how is that vision and mission statement communicated to employees and the public?
c. With reference to a & b, what is the role of the vision and mission statement in driving the activities of the firm?
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Solution Summary
This solution provided examples of how an industry has changed its strategy over time, and how the mission, vision is crucial within an organization.
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An example of an industry that has changed its strategy over time is worth noting. One to consider is Barrister. This company has a partnership with HP. HP dictates how soon their technicians go to various places, such as Walmart to install Photo Kiosks. Their strategy changed over time by means of paying their workers originally $30/hour to now $25/hour. They also had no travel pay, but now do ...
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