Innovative and Strategic Thinking – Mission and Vision Statements – Management Assignment Help

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Assignment Task :
A1. Discuss how ALL of the following aspects from the scenario affect the company’s decision-making process (Unit 3: Module 2)
1.       Company culture 
2.       Organizational structure 
3.       Mission and vision statements (as they affect the strategic direction)
 
The company’s culture affects the decision-making process by involving all employees in the decision making process. Employees and the founders provide a collaborative effort as partners as such there is a decentralized decision making process. Decision making can however delay due to the high number of people involved rather than having the founders alone make the decisions.  It motivates employees when their input is considered in the decision making process and therefore remain committed to the decisions. 
 
A2. Describe how the company’s culture could affect the market entry strategy. One explanation will suffice.  (Furthermore, what type of culture is the company?
 

A new product would be better to meet the market needs because the Indian fishers can design new foldable boats from their waste plastic instead of making changes to the existing boats. The age structure of the population who works in the fishing industry needs to put in consideration. The company needs to consider the age group of the fishers to make sure that the design will be adapted by the target group.

Political and legal influence that can affect the company ability to design or develop the product. We see that the NFDB wants the U.S. boat manufacturers to recycle their plastic to reduce the waist product, and this is some to the challenges that can affect the company ability to design or develop the product.

 
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