Business-level strategy of either Starbucks or Lockheed Martin

Questions:

1.
• Evaluate the business-level strategy of either Starbucks or Lockheed Martin to determine whether you believe the strategy is appropriate to offset forces in the industry. Provide specific examples to support your response.
• Make recommendations for improving this strategy as well as describing any challenges you foresee in executing those recommendations. Provide specific examples to support your response.

2.

• Let's talk about two trade-offs we face every day: how we spend our time and money. There are many things we can do with our money. Money spent on one thing isn’t available to spend on another. Also, there are many things we can do with our time. We can spend time doing one job or another. We can spend time with family. We can spend time in leisure.
• Start your discussion by responding to these questions:
o Describe a trade-off you have made in terms of your income or your time.
o What choice did you make with your money or time?
o Why did you make that choice?

3.

You are a contracting officer in your agency, tasked with acquiring office equipment software. After the contract was awarded, you discovered that the speculations for the software that was delivered are different from what was in the request for proposal.
• Choose two questions you should ask as you consider whether to request corrective action from the supplier.
• Explain why you chose your questions.

4.

To prepare, remind yourself of the topics you considered in the Week 2 discussion. As a review, those topics were:
• Describe how you define yourself to others. Be specific.
• Describe how you define yourself to yourself. Be specific.
• Describe how you think others might define you. Be specific.
Now, briefly address these same topics with your future-self in mind. What challenges will you face in getting to this new future-self? How will you get there? Consider how you can use one (or more) of the 10 Skills to help overcome obstacles you may face. To refresh, the topics are:
• Describe your future ideal self to others. Be specific and explain why.
• Describe your future ideal self to yourself. Be specific and explain why.
• Describe how you think others might define you in the future. Be specific and explain why.
For example (first bullet point): Right now, I describe myself to others as being kind and trustworthy. In the future, I'd like to be able to describe myself as the person at work that people go to first to get the job done—and to get the job done well. My biggest obstacle to getting here is knowledge. I need to expand my skills and the best way to do that is by being more agile and using innovation to attack problems in new ways.