Economic Drivers Strategic Management Founder M

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Economic Drivers Strategic Management Founder M

I attached everything written below in a word doc. Please use that one because the order and formatting is what’s needed. Thank you (:

I’ll send you the movie once accepted. There are very specific instructions especially in numbering questions. There is not any room for extension as this is an emergency so it is due by 9/23 at 9:30am central standard time.

Need to watch the movie “The Founder” (I can’t attach the movie link because the file is too large, but I can email it possibly if needed?)

then answer these questions. Only need to answer the listed questions. Does not need to be in essay format.

Requirement is about 1 paragraph for each question.

* There are 4 questions for Part I

* There are 6 questions for Part II

* There are 2 questions for Part III

* There are 2 questions for Part IV

* There are 4 questions for Part V

* 2 questions for Part VI

* 6 questions for Part VII

* 7 questions for Part VIII

Total 33 questions. Please title each section and answer in numerical order.

The purpose of assignment

The purpose of this document is to help structure the discussion of the movie “The Founder” with respect to strategic management and related topics. The movie is about Ray Croc, the founder of the McDonalds franchise empire.The goal of the assignment is locate and apply the theory, model, or framework that best explains or predicts an issue from the movie.

For this assignment, you can answer the questions from the strategic perspective of two brothers who owned the original McDonald’s in San Bernardino, or from the strategic perspective of Ray Croc.

Part I. Prior Courses (Upper-division core)

This part of this document is related to the central topics learned in the four upper- division core courses: FIN 303, SOM 306, MKT 304, and MGT 360.

Finance

“Finance is the science or study of the management of funds, or the obtaining of funds or capital.”

1. Identify at least one key strategy or strategy-related activity from the movie that is related to finance.

Operations

“Operations are long-range decisions (such as product, service and process design, facility location and capacity planning), as well as operational decisions (such as project management, operations planning and scheduling, quality assurance, purchasing and inventory).”

2. Identify at least one key strategy or strategy-related activity from the movie that is related to operations.

Marketing

“Marketing is the act or process of selling or purchasing in a market, or the process or technique of promoting, selling, or distributing a product or service.”

3. Identify at least one key strategy or strategy-related activity from the movie that is related to marketing.

Management

“Management is the collective body of those who manage an enterprise, especially with respect to planning, leading, organizing, and controlling.”

4. Identify at least one key strategy or strategy-related activity from the movie that is related to management.

Part II. Prior Courses (Lower-division core)

This part of this document is related to the central topics learned in the six lower-division core courses: Principles of Microeconomics, Principles of Macroeconomics, Principles of Financial Accounting, Principles of Managerial Accounting, Business Statistics, and Business Law.

  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Microeconomics.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Macroeconomics.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Financial Accounting.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Managerial Accounting.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Business Statistics.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Principles of Business Law.

Part III. Prior Courses (General Education)

This part of this document is related to the central topics learned in various General Education (GE) classes. GE classes can be either lower-division or upper-division. For the sake of simplicity, we’ll use the GE classifications at CSUN. For Lower-division, those are: Math, English/Writing, and Computing. For Upper-division, those are: Natural Science, History, Government, Oral Communication, Comparative Cultures, Arts and Humanities, and Critical Reasoning.

11. Identify at least one key strategy or strategy-related activity from the movie that is related to GE—Upper-division.

12. Identify at least one key strategy or strategy-related activity from the movie that is related to GE—Lower-division.

Part IV. Porter’s Value Chain

This part of the document is related to the topics discussed in the “Porter’s Value Chain” document discussed earlier in the semester.

13. Identify at least one key strategy or strategy-related activity from the movie that is related to Porter’s Value Chain—Primary Activities.

14. Identify at least one key strategy or strategy-related activity from the movie that is related to Porter’s Value Chain—Support Activities.

Part V. Economic Drivers

This part of the document is related to the topics discussed in the “Economic Drivers” document discussed earlier in the semester.

  • Identify at least one key strategy or strategy-related activity from the movie that is related to Economic Drivers—Benefit Driver.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Economic Drivers—Cost Driver.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Economic Drivers—Competition Driver.
  • Identify at least one key strategy or strategy-related activity from the movie that is related to Economic Drivers—Technology Driver.

Part VI. “RBV” and “VRIO” Analyses

This part of the document is related to the topics discussed in the “Resource-Based View” (RBV) and “Value/Rarity/(Un)Imitability/Organizational Capacity” (VRIO) document discussed earlier in the semester.

19. Identify at least one key strategy or strategy-related activity from the movie that is related to RBV Analysis.

20. Identify at least one key strategy or strategy-related activity from the movie that is related to VRIO Analysis.

Part VII. Chapter 1—Strategy, Business Models, Competitive Advantage

This part of the document is related to the topics: Strategy, Business Models, and Competitive Advantage.

  • What is McDonald’s strategy? How is it distinctive?
  • What is McDonald’s business model? What is the relationship between McDonald’s strategy and McDonald’s business model?
  • How does McDonald’s build capabilities? How does McDonald’s sustain competitive advantage?
  • How does McDonald’s strategy evolve over time?
  • What is the evidence that McDonald’s does (or does not) pass the three tests of a winning strategy?
  • How, specifically, does McDonald’s craft and execute strategy?

Part VIII. Chapter 2—Strategy Formulation, Execution, and Governance

This part of the document is related to the topics: Strategy Formulation, Execution, and Governance.

  • Does McDonald’s have a strategic vision, If so, how does McDonald’s communicate the strategic vision?
  • Does McDonald’s have a mission statement? If so, what is it?
  • How does McDonald’s link, if at all, the strategic vision both to the strategic mission and to the company values?
  • Does McDonald’s use any “stretch objectives” or “stretch goals”?
  • How, specifically, does McDonald’s implement and execute its chosen strategy?
  • How, specifically, does McDonald’s make corrective adjustments?
  • What, if any, is the corporate governance structure of McDonald’s?