Professional Documents
Culture Documents
ASSIGNMENT
ASSIGNMENT
Assignment# 2
Individual Activity
1. Do a personal SWOT analysis. Assess your personal strengths and weaknesses (skills, talents,
abilities). What are you good at? What are you not so good at? What do you enjoy doing? What
dont you enjoy doing? Then, identify career opportunities and threats by re- searching job
prospects in the industry youre interested in. Look at trends and projections. You might want to
check out the Bureau of Labor Statistics information on job prospects. Once you have all this
information, write a specific career action plan. Outline five-year career goals and what you need
to do to achieve those goals.
2. Using current business periodicals, find three examples of each of the corporate and competitive
strategies. Write a description of what these businesses are doing and how it represents that
particular strategy. Pick five companies from the latest version of Fortunes Most Admired
Companies list. Research these companies and identify their (a) mission statement, (b) strategic
goals, and (c) strategies being used.
3. Self-knowledge can be a powerful learning tool. Go to mymanagementlab.com and complete
these self- assessment exercises:
a. How Well Do I Handle Ambiguity?
http://www.prenhall.com/divisions/bp/app/sal_custom/wam/q7.html
b. What Type of Organizational Structure Do I Prefer? -
http://www.prenhall.com/divisions/bp/app/sal_custom/lio/q35.html
c. How Willing Am I to Delegate? -
http://www.prenhall.com/divisions/bp/app/sal_custom/lio/q36.html
Using the results of your assessments, identify personal strengths and weaknesses. What will you
do to reinforce your strengths and improve your weaknesses? (Screen capture your results
printout)
ANSWERS
2.
Business Periodicals
Bloomberg Businessweek
- an American weekly business magazine published by Bloomberg L.P.
- the magazine was created to provide information and interpretation about what was happening
in the business world.
Fortune
- a Multinational business magazine, published and owned by Time Inc.
The Wall Street Journal
- an American business-focused, English-language international daily newspaper based in New
York City.
- Wall Street Journal is the largest newspaper in the United States
Five companies from the latest version of Fortunes Most Admired Companies list.
Apple (Computers )
a. Mission Statement
Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and
professional software. Apple leads the digital music revolution with its iPods and iTunes online
store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is
defining the future of mobile media and computing devices with iPad.
b. Strategic Goals
To provide the best and upgraded product.
To maintain investor support.
To ensure that the company has a long-run profitability, production and service.
c. Strategies being used