Part 1- Introduction The report contains the...
BSBMGT616 Develop and Implement Strategic plans assignment
You are needed to complete a written test related to the competency of the unit. The questions relevant to the knowledge and skills needed for this unit.
Show your knowledge and understanding of the following aspects:
1. Relevant legislation from all levels of government that affects business operations, especially in regard to occupational health and safety and environmental equal, issues, opportunity, industrial relations and anti-discrimination
2. Competitor knowledge
3. Strategic planning methodologies including economic, political, technological and social analysis and strengths, weaknesses, opportunities and threats analysis
4. Code and bylaws related to the organization’s operations
Q.1. outline the legislation, regulations, and codes of practice relevant to the organization’s strategic plans.
Q.2. explain intellectual property rights and responsibilities in the context of risks and risk management strategies relevant to strategic planning
Q.3. briefly describe PEST analysis strategic planning methodologies.
Q.4. list at least five different internal and external sources of information relevant to the organization’s market, competitors, customer base, vision, values, and capabilities.
Q.5. describe porter’s five forces model for analyzing competition in the industry, organization’s external environment, etc.
Q.6. outline techniques for developing organizational values.
Q.7. explain how you will communicate your strategic plan to all relevant parties to seek their support, endorsement, and feedback about the plan?
Q.8. list the documents which can be used or may be required to support relevant research and background for inclusion in the strategic plan.
Q.9. list at least three different sources of expert advice for strategic planning.
Q.10. in the strategic planning process, how would you check that analysis of internal and external environment is consistent with perspectives of others informed people?
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