Question
ToolsCorp Corporation is a fictitious company that does not exist anywhere. Suppose, it is located in Tennessee. As members of the senior management team of
ToolsCorp Corporation is a fictitious company that does not exist anywhere. Suppose, it is located in Tennessee. As members of the senior management team of ToolsCorp Corporation. Prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of ToolsCorp Corporation. Your paper should discuss the following (at a minimum):
A complete strengths, weaknesses, opportunities, and threats (SWOT) analysis (including at least 5 factors from each category and full explanations of why each factor is important and why it was placed in the category) of the environment that exists within ToolsCorp and the environment that ToolsCorp is proposing
An outline of the business plan to be developed for ToolsCorp's strategic initiative
A full mission statement containing the nine components and presented in a well-written paragraph Key operating principles as you will apply them
A preliminary market analysis of the market(s) into which ToolsCorp expands
The one-year, five-year, and ten-year strategic objectives of the strategic initiatives presented as one strategic proposal for each time frame (3 strategic proposals in all), complete with implementation plans, potential ramifications, and feedback mechanisms
The additional material that your group considers necessary to support the case for going forward with ToolsCorp's global strategic initiative (This is not optional, you must input additional material.)
Background Information ToolsCorp Corporation is a fictitious company that does not exist anywhere. For the purpose of this course, it is located in Tennessee. It builds power tools, lawnmowers, lawn furniture, microwaves, and ranges.
All products are manufactured locally and sold through large retailers that place sales papers inserted in every Wednesday and Sunday paper. Although they have a thriving business in the United States and Canada, ToolsCorp is trying to break into the global marketplace.
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How to Secure Funding for the Expansion into India ToolsCorp Corporation requires capital to establish new manufacturing facilities and stores in India At the same time the company needs capital to hi...Get Instant Access to Expert-Tailored Solutions
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