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Please help me answer the following byconcisely identifying key issues in the scenario and recommending an action plan to management: Given the likelihood of huge
Please help me answer the following byconcisely identifying key issues in the scenario and recommending an action plan to management:
Given the likelihood of huge cuts in the procurement of military equipment by the U.S. government over the next 10 years, recommend to the CEO of Lockheed Martin how the company should prepare for the loss of its most important customer. Concisely identify key issues in the scenario.
I need to
- Research the company, organizations, industry, operating environment, and so forth, involved.
- Review the vision, mission, goals or objectives, and business model of your organization, and note how these relate to your scenario.
- Identify strategic management concepts and the internal and external environment, including international aspects of the organization important to your scenario.
- List the alternative competitive strategies that could be taken to address the scenario.
- Identify ethical principles and socially responsible management values that are relevant to your scenario.
- Explain the key elements necessary to execute your recommended strategic plan.
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