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- Peter and his team are now prepared to proceed with finalizing theirbusiness plan to launch their company. Considering how competitive the business sector istoday, it is important that they are aware of their alternative organizational strategies. It isalso important that they understand how to develop a sustainable competitive advantage, soas to remain financially viable. The group is considering utilizing the strategy formulationframework to aid in developing the company and its products. Further to discussion with theStrategic Consultant, Peter is aware that there are certain habits that strategic leaders mustencompass but is not sure what they are. assume therole of Peter and his team. In doing so, complete the following:1. Recommend an appropriate name for the company, along with a brief background on thecompany. Indicate and describe, providing full details, one of the new products orservices that the company intends to offer in the Textile, Clothing and Footwear sector.Pictorial…Peter and his team are now prepared to proceed with finalizing theirbusiness plan to launch their company. Considering how competitive the business sector istoday, it is important that they are aware of their alternative organizational strategies. It isalso important that they understand how to develop a sustainable competitive advantage, soas to remain financially viable. The group is considering utilizing the strategy formulationframework to aid in developing the company and its products. Further to discussion with theStrategic Consultant, Peter is aware that there are certain habits that strategic leaders mustencompass but is not sure what they are. 1. Develop a strategic vision and mission for the business. 2 Compose three (3) financial andthree (3) strategic objectives for the business. 3. Discuss three (3) habits of a strategicleader which are important to business strategyJohn is operating a business in the Caribbean in the manufacturing sector. Over the years thebusiness has grown and become profitable and as a result the structure of the organization mustreflect the changing business needs. He started off with just an accountant and generaladministrative department. Due to the growth of the organization, there is now a need for amarketing and sales department, IT department, production department, risk department,operations department, human resource department, finance department, research anddevelopment department and health and safety department. John is considering implementing afunctional structure. This way specialist departments are able to focus on their tasks and meet theirobjectives. John is also concerned about his value chain and would like further insight on this greyarea in his business function. Since the business is doing well locally, John is consideringexpanding to parts of the United Kingdom, Canada and Asia. As such, he is…
- John is operating a business in the Caribbean in the manufacturing sector. Over the years thebusiness has grown and become profitable and as a result the structure of the organization mustreflect the changing business needs. He started off with just an accountant and generaladministrative department. Due to the growth of the organization, there is now a need for amarketing and sales department, IT department, production department, risk department,operations department, human resource department, finance department, research anddevelopment department and health and safety department. John is considering implementing afunctional structure. This way specialist departments are able to focus on their tasks and meet theirobjectives. John is also concerned about his value chain and would like further insight on this greyarea in his business function. Since the business is doing well locally, John is consideringexpanding to parts of the United Kingdom, Canada and Asia. As such, he is…John is operating a business in the Caribbean in the manufacturing sector. Over the years thebusiness has grown and become profitable and as a result the structure of the organization mustreflect the changing business needs. He started off with just an accountant and generaladministrative department. Due to the growth of the organization, there is now a need for amarketing and sales department, IT department, production department, risk department,operations department, human resource department, finance department, research anddevelopment department and health and safety department. John is considering implementing afunctional structure. This way specialist departments are able to focus on their tasks and meet theirobjectives. John is also concerned about his value chain and would like further insight on this greyarea in his business function. Since the business is doing well locally, John is consideringexpanding to parts of the United Kingdom, Canada and Asia. As such, he is…John is operating a business in the Caribbean in the manufacturing sector. Over the years thebusiness has grown and become profitable and as a result the structure of the organization mustreflect the changing business needs. He started off with just an accountant and generaladministrative department. Due to the growth of the organization, there is now a need for amarketing and sales department, IT department, production department, risk department,operations department, human resource department, finance department, research anddevelopment department and health and safety department. John is considering implementing afunctional structure. This way specialist departments are able to focus on their tasks and meet theirobjectives. John is also concerned about his value chain and would like further insight on this greyarea in his business function. Since the business is doing well locally, John is consideringexpanding to parts of the United Kingdom, Canada and Asia. As such, he is…
- John is operating a business in the Caribbean in the manufacturing sector. Over the years thebusiness has grown and become profitable and as a result the structure of the organization mustreflect the changing business needs. He started off with just an accountant and generaladministrative department. Due to the growth of the organization, there is now a need for amarketing and sales department, IT department, production department, risk department,operations department, human resource department, finance department, research anddevelopment department and health and safety department. John is considering implementing afunctional structure. This way specialist departments are able to focus on their tasks and meet theirobjectives. John is also concerned about his value chain and would like further insight on this greyarea in his business function. Since the business is doing well locally, John is consideringexpanding to parts of the United Kingdom, Canada and Asia. As such, he is…John is operating a business in the Caribbean in the manufacturing sector. Over the years the business has grown and become profitable and as a result, the structure of the organization must reflect the changing business needs. He started off with just an accountant and general administrative department. Due to the growth of the organization, there is now a need for a marketing and sales department, IT department, production department, risk department, operations department, human resource department, finance department, research and development department and health and safety department. John is considering implementing a functional structure. This way specialist departments are able to focus on their tasks and meet their objectives. John is also concerned about his value chain and would like further insight on this grey area in his business function. Since the business is doing well locally, John is considering expanding to parts of the United Kingdom, Canada, and Asia. As such, he…illustrate an organizational chat The chart shows a clear chain of command, with the General Manager at the top, followed by department heads for front office, food and beverage, housekeeping, and maintenance. Additionally, there are two new positions added to the chart, an Operations Manager and a Guest Relations Manager. The Operations Manager is responsible for overseeing all operational aspects of the resort, while the Guest Relations Manager is responsible for ensuring guest satisfaction and loyalty.
- John is operating a business in the Caribbean in the manufacturing sector. Over the years the business has grown and become profitable and as a result the structure of the organization must reflect the changing business needs. He started off with just an accountant and general administrative department. Due to the growth of the organization, there is now a need for a marketing and sales department, IT department, production department, risk department, operations department, human resource department, finance department, research and development department and health and safety department. John is considering implementing a functional structure. This way specialist departments are able to focus on their tasks and meet their objectives. John is also concerned about his value chain and would like further insight on this grey area in his business function. Since the business is doing well locally, John is considering expanding to parts of the United Kingdom, Canada and Asia. As such, he…John is operating a business in the Caribbean in the manufacturing sector. Over the years the business has grown and become profitable and as a result the structure of the organization must reflect the changing business needs. He started off with just an accountant and general administrative department. Due to the growth of the organization, there is now a need for a marketing and sales department, IT department, production department, risk department, operations department, human resource department, finance department, research and development department and health and safety department. John is considering implementing a functional structure. This way specialist departments are able to focus on their tasks and meet their objectives. John is also concerned about his value chain and would like further insight on this grey area in his business function. Since the business is doing well locally, John is considering expanding to parts of the United Kingdom, Canada and Asia. As such, he…John is operating a business in the Caribbean in the manufacturing sector. Over the years the business has grown and become profitable and as a result the structure of the organization must reflect the changing business needs. He started off with just an accountant and general administrative department. Due to the growth of the organization, there is now a need for a marketing and sales department, IT department, production department, risk department, operations department, human resource department, finance department, research and development department and health and safety department. John is considering implementing a functional structure. This way specialist departments are able to focus on their tasks and meet their objectives. John is also concerned about his value chain and would like further insight on this grey area in his business function. Since the business is doing well locally, John is considering expanding to parts of the United Kingdom, Canada and Asia. As such, he…
