Referencing the scenario provided in Assessment 1, and following the guidance provided by the Strategic consultant, Maria and her team are now prepared to proceed with finalizing their business plan to launch their company. Considering how competitive the business sector is today, it is important that they are aware of their alternative organizational strategies. It is also important that they understand how to develop a sustainable competitive advantage, so as to remain financially viable. The group is considering utilizing the strategy formulation framework to aid in developing the company and its products. Further to discussion with the Strategic Consultant, Maria is aware that there are certain habits that strategic leaders must encompass but is not sure what they are. For this assessment, your group is to assume the role of Maria and her team. In doing so, you are expected to complete the following: 3. Organizational Strategya) Based on the categories of alternative organizational strategies discussed in the course, you are required to do the following:o Select one appropriate category. o Identify one strategy from the selected category which you plan to pursue to ensure success applicable to the scenario presented. o Explain how the product or service you are offering would be implementedthrough this category.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter12: Balanced Scorecard And Other Performance Measures
Section: Chapter Questions
Problem 4Q: What are the components of a strategic plan? Find one of these components for the company you work...
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Referencing the scenario provided in Assessment 1, and following the guidance provided by the 
Strategic consultant, Maria and her team are now prepared to proceed with finalizing their business 
plan to launch their company. Considering how competitive the business sector is today, it is 
important that they are aware of their alternative organizational strategies. It is also important that 
they understand how to develop a sustainable competitive advantage, so as to remain financially 
viable. The group is considering utilizing the strategy formulation framework to aid in developing 
the company and its products. Further to discussion with the Strategic Consultant, Maria is aware 
that there are certain habits that strategic leaders must encompass but is not sure what they are. For 
this assessment, your group is to assume the role of Maria and her team. In doing so, you are 
expected to complete the following:

3. Organizational Strategy
a) Based on the categories of alternative organizational strategies discussed in the 
course, you are required to do the following:
o Select one appropriate category. 
o Identify one strategy from the selected category which you plan to pursue 
to ensure success applicable to the scenario presented. 
o Explain how the product or service you are offering would be implemented
through this category. 

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