Group IP Project Unit 5

ToolsCorp Corporation is a fictitious company that does not exist anywhere. For the purpose of this course, it is located in Tennessee. As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of ToolsCorp Corporation. The purpose of this paper is to obtain permission from them to go forward with the next step (developing a full-blown business plan) for ToolsCorp's strategic initiative to break into the global marketplace.

Your group's paper should discuss the following:

• The one-year, five-year, and      ten-year strategic objectives of the strategic initiatives presented as      one strategic proposal for each time frame (3 strategic proposals in all),      complete with implementation plans, potential ramifications, and feedback      mechanisms 
• The additional material that your      group considers necessary to support the case for going forward with      ToolsCorp's global strategic initiative (This is not optional, you must      input additional material.)

Background Information

· ToolsCorp Corporation is a fictitious company that does not exist anywhere. For the purpose of this course, it is located it in Tennessee. It builds power tools, lawn mowers, lawn furniture, microwaves, and ranges. All products are manufactured locally and sold through large retailers that place sales papers inserted in every Wednesday and Sunday paper. Although they have a thriving business in the United States and Canada, ToolsCorp is trying to break into the global marketplace.

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