State the common steps most managers use to organize strategic planning.

Most managers have a metacognitive mindset that permits visualizing external influences, which define vision and mission. According to Daniels et al. (2021) "Strategy is an integrated and coordinated set of choices and commitments that reflects the company's present situation, identifies the direction it should go, and determines how it will get there" (Strategy in the mne section, para. 3). From the corporate social responsibility perspective, the companies' vision statement leads the set of strategies required to configure activities that crate value and stimulates revenue.

Define value chains and discuss how companies can design and manage their value chain to create values for their companies. Support your answer with a real-life example.

Business owners undergo years of training and providing value as apprentices, which facilitates adapting to continuously changing circumstances. As mentioned by Daniels et al. (2021) "Value-chain analysis helps managers understand the performance of resources and capabilities, the context of competencies, and the drivers of value creation" (Organizing value creation: the value chain section, para. 2). After decades of providing value as a manager, a local business owner opened a Mexican restaurant by composing a full comprehensive business plan and 3-years of financial projections.

Define value proposition and discuss how a company's value proposition can add international expansion. Support your answer with a real-life example.

Value proposition is the mission statement established by the MNE to deliver strong service-oriented relationships, robust digital enabled experiences, and operational excellence that empowers associates and customers to deliver their best. As mentioned in the educational video, "Recognizing the diverse breakfast preferences across different regions, he implemented a policy of offering unique menus at each ADB location" (The University of Arizona Global Campus, 01:14). After the business owner identified the value proposition to deliver breakfast preferences regionally at any hour during the day, he scaled and succeeded on his global approach.