Q Term Paper, Section 3 I. Forecast Your expectation of the future environment including changes within the firm, the industry, and the external environment including demographic, sociocultural, political/legal, technological, and economic considerations focused primarily on the firm’s chosen target market but also including major global trends. II. Strategy Alternatives. Based on your analysis of the firm and your forecast of the future, what are the options available to the firm? III. Alternative Evaluation. Systematic consideration of the advantages and disadvantages of each alternative. IV.Alternative Choice. Which alternative you recommend and why. V. Implementation How to implement your recommended strategy including resources, changes to the value chain, cultural changes, organizational changes, expected response of competitors, expected changes to the SWOT and Porter’s five forces as a result of your new/revised strategy, expected risks and plans to avoid/ameliorate the risks.
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