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Submitted by Smart Tutor on Thu, 2013-08-29 10:22
due on Mon, 2013-09-02 10:20
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Environmental Scanning PPQ Parts

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 company’s goal 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.

 

writing 4-5 pages

 

Answer
Submitted by Smart Tutor on Thu, 2013-08-29 10:22
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Environmental Scanning PPQ Parts

body preview (4 words)

xxxxxxxxxxxxx xxxxxxxx xxx xxxxx

 

file1.doc preview (1287 words)

�PAGE � �PAGE xxxxxxxxxxxx xxxxxxxx - Environmental Scanning PPQ xxxxxxx

Environmental Scanning PPQ Parts

Your xxxx xxxxx

Course name here

xxxxxxxxxx Name xxxxx

xxxxx

Abstract

PPQ Parts wants xx develop x 4 year strategic management plan xxx taking their xxxxxxxx internationally and meeting certain xxxxxx xxxx paper will xxxxxxx the goals xx xxx xxxxxxxx It will also xxxxxxx the environmental xxxxxxxx xx xxxxxxx conditions in xxx xxxxxxxx xxxxxxxxxxxx and xxxxxxxxx xxxxxxxxxx as well xx xxxxxxx internal xxxxxxxx xxxxxxxxx It will discuss the xxxxx and short-term strategic goals, and xxx location considerations.

xxxxxxxxxxxxx Scanning

xxxxxxxxxxxx

“xxx xxxxxxx xxxxxxxxxx of an xxxxxxxxxxxx’s internal and xxxxxxxx environments xxx xxxxxxxxx xxxxx xxxxx of xxxxxxxxxxxxx and threats xxxx may xxxxxxxxx xxx current xxx future xxxxx” is called environmental scanning (Environmental xxxxxxxxx xxxxxx xxx Parts xxxxx xx xxxxxx xxxxx xxxxxxx xxxxxxxx xx

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