MGMT415 Unit 2 Individual Project

Question 1:

Consider the following scenario:

You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan.

• PPQ Parts employees now number 5,000, and all are currently employed in the United States. It plans to grow to 10,000 employees in 4 years.
• New facilities will be needed in international expansion, and PPQ Parts anticipates building most of those (80%) outside the United States.PPQ Parts holds 5% of the world market share on small SUVs, but its goal is 9% in 4 years.
• Current stock price is $10 per share. The goal is $22 a share.Profit margin 3-year average is 6%. Industry average during this time has also been 6%. The company goal is 13% in 4 years.
• PPQ Parts has averaged 28% employee turnover during the last 3 years. This is compared to an industry average of 25%. The goal of the company is to increase employee retention by lowering annual turnover to 17%.
• PPQ Parts contributes to all the local communities in which it is doing business. This is one of its corporate values. Current charity is 0.5% of total profits, but the company would like to raise that to 5% in 4 years.

Assignment

A strategic management plan is vital for the company business today. Review the company scenario at the beginning of the course for additional information regarding growth goals. Create a basic strategic management plan for PPQ Parts including quantifiable goals and measures. Include the following in your report:

• Provide environmental scanning of current conditions in the area of expansion including economy, competition, political stability, and so forth.
• Address internal resource analysis such as managerial and financial strengths and weaknesses.
• Please include short-term and long-term strategic goals.
• Location consideration for implementation is vital. Please explain the benefits and limitations for expansion in your chosen area.

Be sure to reference all sources using APA style. For more information on APA, please visit the APASTYLE Lab.

Question 2:

Consider the following scenario:

As part of the management team for PPQ Parts manufacturing company, you are tasked with selecting the best software packages for the firm's materials requirements planning (MRP), capacity requirement planning (CRP), and enterprise resource planning (ERP) needs.

Use the Internet, course materials and web resources to research the pros and cons of six software systems designed to perform these functions. Then, write a 5 - 7 page Software Recommendations Report that you will submit to the chief executive.

In the report, be sure to justify your recommendations by analyzing the pros and cons of each of the six software systems you evaluated.

You will need to include information such as cost, compatibility with current systems and work flow processes, functionality, ease of use, and end user support.

Question 3:

Choose an organization delivering goods and/or services globally. Provide a background of the organization and fully describe six components of the organization's supply chain. Examine the potential problems related to each of the components described and explain the approaches of the organization for solving the problems.

Write a 4 - 5 page report that: addresses the concerns the following functions might have about this proposed change:

• Addresses the importance of quality management and measurement within the global context
• Construct control charts to compare global operational processes of the chosen organizations

Would implementing an enterprise resource planning system help streamline operations and achieve efficiencies between operating departments? What major concerns need to be addressed?

Present your findings as a 4-5 pages Word document formatted in APA style.

All 3 of the above papers should be done in APA style and should only have a similarity index of 25% or less.