You have held conversations with Precision Part’s leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. PPQ Parts
employees now number 5,000, and all are currently employed in the United States. It plans to grow to 10,000 employees in 4 years. New facilities will be needed in international expansion, and PPQ
Parts anticipates building most of those (80%) outside the United States. PPQ Parts holds 5% of the world market share on small SUVs, but its goal is 9% in 4 years. Current stock price is $10 per
share. The goal is $22 a share. Profit margin 3-year average is 6%. Industry average during this time has also been 6%. The company goal is 13% in 4 years. PPQ Parts has averaged 28% employee
turnover during the last 3 years. This is compared to an industry average of 25%. The goal of the company is to increase employee retention by lowering annual turnover to 17%. PPQ Parts contributes
to all the local communities in which it is doing business. This is one of its corporate values. Current charity is 0.5% of total profits, but the company would like to raise that to 5% in 4 years.

. Create a basic strategic management plan for PPQ Parts including quantifiable goals and measures. Provide environmental scanning of current conditions in the area of expansion including economy,
competition, political stability. Address internal resource analysis such as managerial and financial strengths and weaknesses.. Explain the benefits and limitations for expansion in your chosen
area.