Journal entries

Description

Instructions 1. Imagine you are working for a company that has $1 million to spend on a new strategy and is considering market development versus product development. In this case, what determining factors would be most important to consider? What recommendations would you make to the CEO? Your journal entry must be at least 200 words. No references or citations are necessary. 2. In this unit, we discussed the concept of market segmentation, which is defined as product positioning that subdivides the market to target specific customers. Identify a product that you have seen with either effective or ineffective market segmentation. Explain what makes the market segmentation effective or ineffective. Your journal entry must be at least 200 words. No references or citations are necessary. 3.Suppose you are a leader responsible for an organization’s vision/mission statements. How often do you think they should be changed? What are some reasons you might consider changing them? Your journal entry must be at least 200 words. No references or citations are necessary 4. You are opening your own small business and want to establish a culture of ethical behavior. What are some procedures you should implement to support an ethics culture? Your journal entry must be at least 200 words. No references or citations are necessary. 5. Identify a strategic management skill that you learned or acquired in this course, and explain how you would apply it to improve success in your career in a real-world scenario. Your journal entry must be at least 200 words 

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