24 Jun ve format, discuss the k
1.In a narrative format, discuss the key facts and critical issues presented in the case.
2.Considering the challenges, she is facing, what should Anitas plan be for the strategic planning retreat? How would you reformulate the Art Centers mission? Does the Center need a new strategy? Why or why not?
3.How do some organizations predict the short and long-term future? Explain in detail how a downturn in the economy affects not-for-profit organizations, as opposed to for-profit ones.
4.Identify and explain the factors that demonstrate the Walton Art Centers utilization of the business-level differentiation strategy. What changes could be enacted that would alter the Centers strategy to one of low-cost? Would this be advisable? Why?
Please read this guidance carefully; there are some hints that might save you unnecessary frustration in your UNIT 2 work.
INSTRUCTIONS FOR ANSWERING EACH QUESTION:
1.Narrative Format: Continue to perfect your narrative format in the case summary. Remember, you are only supposed to use the narrative format in answering the first question, i.e., the Case Summary question.
2.Case Analysis Question #1: Make sure you answer all the parts of this question fully. In the first part, discuss what Anita should include in the agenda for the retreat. In the second part, please make sure you propose a new, reformulated mission. Dont just say you will leave the mission as it is. In the third part, please ensure that you address all three levels of strategy. State clearly why (or why not) a change is needed at any of the levels. Hint: Mission is only mentioned briefly in this weeks reading. You may want to read section 4-1 in the textbook for a fuller understanding of mission. Section 4-1 is in Chapter 4 which is assigned for Unit 3.
3.Case Analysis Question #2: The first question requires you to discuss how organizations predict the short and long-term future. With advanced critical thinking skills, you can use the material in Chapter 2 and some extra research to craft a good response. I will, however, suggest a different approach. May I suggest that you read section 3-5 in the textbook, which is just one page of the assigned reading for Unit 3. This will provide you a shortcut that eliminates some of the extra research. Similarly, in the second part of the question, look at section 3-2b in the textbook, and add a little research of your own.
4.Application The application question is very straightforward. Remember to answer all parts of the question fully. In the second part of the question, remember that low cost is not the same thing as low price.
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