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Thinking Strategically Due: Thursday, May 24, 2018 800 words, APA FormatDevelop the capacity to think strategically about a company, its business model and position within the industry, and the attainment of a competitive advantage.Acquire skills in conducting strategy, developing strategic options, analyzing action alternatives, making strategic decisions, and effective policy and strategy implementation.AssignmentWrite 800 words that respond to the following questions:Part 1 (post this response in the main U2 DB thread Unit 2 Discussion Board)In the Unit 1 Discussion Board, you reviewed a strengths, weaknesses, opportunities, threats, and trends (SWOTT) analysis of a fast-food franchise that was done in 2013. There have been many more recent changes with the fast-food giant toward improved business results. Read this article on these changes, and conduct a brief SWOTT analysis based on these new changes that includes the following:http://www.businessinsider.com/mcdonalds-unveils-turnaround-strategy-2015-4Strengths: The internal and external characteristics of a company that are stronger than its competitors Weaknesses: The internal and external characteristics of a company that are weaker than its competitors Opportunities: The issues internal and external to a company that can affect the company and its competitors in a favorable way Threats: The issues internal and external to a company that can affect the company and its competitors in an unfavorable way Trends: The internal and external patterns in the organization, market, or industry Part 2 (post this response in the appropriate topic within U2 DB (labeled for and against)Based on the first initial of your last name, complete the following:First initial A-M: Provide an argument for the success of the strategies that a fast-food franchise has instituted. Submit your position by posting in the Unit 2 Debate forum under the for topic. First initial N-Z: Provide an argument against the ability of a fast-food franchise to succeed with these strategies. Submit your position by posting in the Unit 2 Debate forum under the against topic.In both considerations, provide research that supports your assertions.ReferencePeterson, H. (2015, May 2). McDonalds is about to unveil a huge plan to save its business Here are 8 things investors need to hear. Retrieved from the Business Insider Web site: http://www.businessinsider.com/mcdonalds-unveils-turnaround-strategy-2015-4
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