Individual Assignment #1 – (Office Depot, Inc. – 2011, pg. 496)
Attached is both rubric as well as page 496 for the office depot.
Prepare answers to the following:
Provide an executive summaryWhat is the company’s major problem? (i.e., What decisions must bemade? What choices must be faced? Who has endured this problem before?How did they handle it? How much did it cost them? How long did ittake them to implement the plan?)What is the company’s current overall objective(s)?What are the current strategies to help the organization achieve itscurrent objective(s)?Using the company’s mission statement, identify which components were utilizedCreate your “improved” mission statement utilizing all components andidentify each component in your “improved” mission statementHow attractive is the industry (e.g., size, growth rate,profitability, competitive intensity, Porter’s 5 forces) to companiescurrently in the industry? And to companies who would like to enterthe industry? (FYI. When you finish answering this question, youshould know: 1) if you are considering entering in this industry, doyou want to enter in to this industry or 2) if you are currently inthis industry, do you want to stay in this industry.)Conduct a Situation/SWOT Analysis (internal and industry analyses)
Conduct an industry analysis (external audit)
What are the company’s external opportunities and threats?Develop an External Factor Evaluation (EFE) Matrix, explain what thecompany needs to improve on externally, and justify why it needs to beimprovedIdentify the company’s major competitors, develop a CompetitiveProfile Matrix (CPM), explain what the company needs to improve oncompetitively, and justify why it needs to be improved
Conduct internal analysis
What are the company’s internal strengths and weaknesses?How would you describe the company’s financial condition
Prepare a financial analysis by developing and explaining each of thefour different analyses separately (ratio analysis, vertical/marginalanalysis, horizontal analysis, and percentage change analysis)
After analyzing each analysis separately, explain what is thecompany’s financial position when considering all four analysestogether
Develop an Internal Factor Evaluation (IFE) Matrix, explain what thecompany needs to improve on internally, and justify why it needs to beimproved
Given the IFE, EFE, and CPM, is the company stronger internally,externally, competitively, or some/all?
Develop three of the five matrices for the company: SWOT Matrix, SPACEMatrix, IE Matrix, and Grand Strategy Matrix. Highlighting each ofyour strategies listedUtilizing the strategies developed from your matrices, develop a QSPMAND explain your recommendations/findings for the company’s problem.Then, provide justifications of your recommendation [In yourexplanation, please demonstrate how this/those strategy(ies) willrectify the major problem that you identified, explain why should theyuse that/those strategy(ies), What is your contingency plan if yourstrategy doesn’t work?, How much will the strategy(ies) cost(s) toimplement?, How long will it take to implement?, What resources do youneed to enforce this strategy(ies)?, Who will you need to be a part ofyour team to assist with carrying out the strategy(ies)?
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