Prompt: Strategic Plan (Part 1) for Torch Technologies Inc.
Course Objective:
Develop the skills to assess the plan's success.
Evaluate strategic initiatives to leverage opportunities and mitigate threats to small businesses.
Demonstrate how to build a competitive advantage through functional-level strategy
You will write an essay in which the following topics are discussed:
Company Overview
Company History
Vision & Mission Statements
Management Team (roles & responsibilities)
Products and/or Services
SWOT Analysis
Recommended action resulting from SWOT Analysis
Instructions:
Paper must be written in 7th Edition APA format using headers, headings, in-text references,
reference page, 1" margins (use provided template).
Make sure you use adequate, credible, and reliable APA source citations to support your work.
You will use the information in this essay as part of your Week 8 Full Strategic Plan. Be sure you
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are familiar with the requirements of the Week 8 Full Strategic Plan, as it should serve as a guide
for your essay. This essay is the first part of this two-part assignment, with the second part due
in Week 8. Together, both parts make up the entire strategic plan.
Your essay should be 4-5 pages in length. The bulk of your essay should be focused on the
SWOT analysis in terms of its specific application to your chosen company. Based on this SWOT
analysis, provide a comprehensive evaluation in which you identify key takeaways, assess the
organization's strategic position, and outline potential actions to leverage the strengths and
opportunities while addressing the weaknesses and threats. Include a separate cover page and
references page (in addition to the 4-5 pages) with at least three entries from reliable sources
that are also cited within your essay. Avoid overuse of bulleted lists.
All charts, graphs, and pictures are to go in the appendix (not a substitute for
content).
Once you submit your document to the assignment folder, it will automatically
be loaded to TURNITIN.COM within the course.
Make sure you use adequate, credible, and reliable APA source citations to support your work.