Understand critical success factors in achieving strategic objectives.

Due Week 7, Day 7 (Weight: 12%)

The following are specific course learning outcomes associated with this assignment:

  •   Understand critical success factors in achieving strategic objectives.
  •   Apply a variety of qualitative and quantitative business analysis techniques.
  •   Use technology and information resources to research issues in business strategy.
  •   Write clearly and communicate effectively about business strategy using proper writing mechanics and appropriate media.

    Write a 3-5 page paper in which you do the following:

  1. Discuss the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if it isn’t.
  2. Compose a 1-2 page memo to advise a company that is entering into a strategic alliance what it must do to increase the chances of success. Address at least three issues the company will likely face.

Your assignment should adhere to these guidelines:

  •   Write in a logical, well-organized, conventional business style. Use Times New Roman font size 12 or similar, double-space, and leave ample white space per page.
  •   On the first page or in a header, include the title of the assignment, the student’s name, the professor’s name, the course title, and the date. Reference pages are not included in the assignment page length.
  •   Faculty has discretion to penalize for assignments diverting from the assignment guidelines. Check with your individual professor if you feel the assignment requires a much longer or shorter treatment than recommended.

    Grading for this assignment will be based on answer quality and focus, logic/organization of the paper, and communication skills, using the following grading criteria.

    Weight: 12%

    Assignment 3: IKEA Revisited

    Criteria

    Unsatisfactory

    Low Pass

    Pass

    High Pass

    Honors

    1. Discuss the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if itisn’t.

    Weight: 45%

    Did not submit or incompletely discussed the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if itisn’t.

    Partially discussed the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA takeif it isn’t.

    Satisfactorily discussed the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if itisn’t.

    Completely discussed the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if itisn’t.

    Exemplarily discussed the most likely IKEA core competency, how you would test whether this is truly a core competency, and the steps you would recommend that IKEA take if itisn’t.

    2. Compose a 1- 2 page memo to advise a company that is entering into a strategic alliance what it must do to increase the chances of success. Address at least three issues the company will likely face.

    Weight: 45%

    Did not submit or incompletely composed a 1-2 page memo advising a company that is entering into a strategic alliance what it must do to increase the chances of success. Did not address or incompletely addressed issues the company will likely face.

    Partially composed a 1- 2 page memo advising a company that is entering into a strategic alliance what it must do to increase the chances of success. Partially addressed issues the company will likely face.

    Satisfactorily composed a 1-2 page memo advising a company that is entering into a strategic alliance what it must do to increase the chances of success, addressing at least three issues the company will likely face.

    Completely composed a 1-2 page memo advising a company that is entering into a strategic alliance what it must do to increase the chances of success, addressing more than three issues the company will likely face.

    Exemplarily composed a 1-2 page memo advising a company that is entering into a strategic alliance what it must do to increase the chances of success, addressing more than three issues the company will likely face.

    3. Clarity, writing mechanics, and formatting requirements.

    Weight: 10%

    Multiple mechanical errors or much of the text is difficult to understand and fails to follow formatting instructions. The text does not flow.

    Several mechanics errors make parts of the text difficult for the reader to understand; the text does not flow or the discussion fails to justify conclusions and assertions.

    More than a few mechanical errors; text flows but lacks conciseness or clarity; assertions and conclusions are generally justified and explained.

    Few mechanical errors; text flows and concisely and clearly expresses thestudent’sposition in a manner that rationally and logically develops

    the topics.

    No mechanical errors; text flows and concisely and clearly expresses thestudent’s position in an exemplary manner that rationally and logically develops the topics.

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