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Submitted by mulung on Mon, 2013-11-04 12:48
due on Sun, 2013-12-01 00:47
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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.. 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.

-Reference all sources

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Submitted by mulung on Mon, 2013-11-04 12:55
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Growth Plans xxx xxxxxxx xxxxxxxx at x xxxxxxx

xxxxxxxxxxxxxxxxx

xxxxxx Point

xxxxxxx Level

Industry Average

xxxxxx xxxxx

xxxx line

xxxxxxxx xxxxxx

xxxx

 

10000

x years

xxxxxx xxxxx

5%

 

xx

x years

xxxxx Price

10

 

xx

4 years

Profit Margin

xx

xx

xxx

4 Years

xxxxxxxx Turnover

28%

xxx

17%

x Years

Current Charity as xx of xxxxxx

xxxxx

 

5%

4 xxxxx

xxx we xxx xxx xxxx company xx xxxxxxxxx xxxxx xxxx xx number xx performance xx the xxxx 4 years. xxxx xxxxx x xxxxxxxxx xxxx to be drafted so xxxx xxxxxxx xxx focus on xxxx xxxx xxx xxxxx xxx xxx strategy xxx xxx period in xxxxxxxxxxxx

Some xxxxxxxx decisions are the strategy focus, xxxxx environment xxx inventory xxxxxxxxxxx Business process needs to be reengineered for xxxxxxx performance.

Strategy Focus

Competitive xxxxxxxxxxx xxxx xxxxx about how a product should xx xxxxxxxxxx xx that it can xxxxx Upto buyers preference. xxx next step xx xx xxxxx xxx xxxxxxx at a xxxxx xxxxxx willingness xx pay’x The xxx xx

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