What is the p-value of 1.92

Topics: Strategy, Strategic management, Management Pages: 3 (782 words) Published: September 21, 2013


Learning Team Project Selection
Ying Schwarte, Tonja Turner, Tina Dannenberg
STR/ 581
Aug 19, 2013
Jacob Nichols

Learning Team Project Selection
Members in Learning Team D feel that reviewing one another’s paper and providing feedback to one another has been extremely helpful, and everyone has made great improvement in writing skills and critical thinking skills. It was difficult to select one or two projects, because each project has its own uniqueness. Nevertheless, Tina and Ying’s projects were selected. In this paper Learning Team D will discuss the strengths and weaknesses of the selected projects, provide a comparative analysis of the selected strategic plans, and finally present the final selected plan and its justification. Strengths and Weaknesses

The strategic plan for the first company is to grow 2.5 million dollars. The strategy helps an organization plan long-term actions to achieve the major objectives throughout the company. The key factors in a strategy include the market, product and the organizational development strategic alliance. The weakness of Tina’s plan is that it might not be enough change to drive 2.5 million in gross revenue. She may need more ideas to get her to 2.5 million.
The strategic plan for the second company is to help improve the competitive performance throughout the organization. Ying’s strategy has three broad strategic options that help her collect receivables in a timely manner that should lead to accessible profits for the company. Ying is thinking outside the box to find a way to work with the locals who are out to sea for months on end and may have bills to pay while at sea, or may be short on cash because of the remote environment and lack of available jobs year round.

Comparative Analysis
Tina and Ying’s strategic plans have many things in common. Both took similar approaches to begin their strategic plans by providing company background, mission statement and...
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