Report; Tools Corp Corporation
Tools Corp 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, lawn mowers, 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. As members of the senior management team of Tools Corp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of Tools Corp Corporation.
The purpose of this paper is to obtain permission from them to go forward with the next step (developing a full-blown business plan) for Tools Corp’s strategic initiative to break into the global marketplace.
Discuss the following in the paper (at a minimum):
A complete strengths, weaknesses, opportunities, and threats (SWOT) analysis of the environment that exists within Tools Corp and the environment that Tools Corp is proposing
An outline of the business plan to be developed for Tools Corp’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 Tools Corp 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
Add additional materials that would be considered necessary to support the case for going forward with ToolsCorp’s global strategic initiative
