Choose a public corporation, with which you are familiar, from one of the following industries:
- Travel.-Southwest
Research the company on its own website, public filings on the Securities and Exchange Commission’s Filings & Forms page, Strayer University’s online databases, Strayer University’s Lexis Advance database, and any other sources you can find. The annual report will often provide insights that can help address some of these questions. Use the Strategic Management and Strategic Competitiveness Template [DOCX] to ensure that your assignment meets the requirements.
Requirements
Write a 4-6 page paper in which you address the following:
- Assess how globalization and technology changes have impacted the corporation you researched.
- Apply the industrial organization model and the resource-based model to determine how your corporation could earn above-average returns.
- Assess how the vision statement and mission statement of the corporation influence its overall success.
- Evaluate how each category of stakeholder impacts the overall success of this corporation.
- The booked for this course is :Hitt, Michael, A. et al. Strategic Management: Concepts and Cases: Competitiveness and Globalization. Available from: Strayer University Bookshelf, (13th Edition). Cengage Learning US, 2019.
Requirements: 4-6 pages
Answer preview
Globalization and technology both have an impact on businesses, small and large. Expanding business to operate in different countries away from motherland has been made possible by advanced technologies. In many ways, globalization and technological changes have impacted business negatively and positively (Hitt, Ireland & Hoskisson, 2016). Through globalization, Southwest managed to operate in different countries with a greater focus on international growth strategies. The organization depends on global cooperation and interlinking with other companies in different countries while taking advantage of global and regional economic cooperation.
[1230 Words]
