Answer & Explanation:Resources: Riordan Virtual Organization, Concepts in Strategic Management and Business Policy, and Competitive Advantages PaperScenario: The board of directors for Riordan Manufacturing has asked your team to create a strategic plan for the organization.Create a
3 page strategic plan for Riordan Manufacturing starting from what you
learned in Week One and using a similar strategic management process as
Concepts in Strategic Management and Business Policy. You may also use
information from the team project you completed for Riordan
Manufacturing in Week Four to create the strategic plan.Cover thoroughly the areas of environmental scanning, strategy formulation, strategy implementation, and evaluation and control.Address the following questions in your strategic plan:Why does Riordan need a strategic plan?What role should ethical and social responsibility considerations have in Riordan’s strategic management plan?What
competitive advantages does Riordan have, and which competitive
strategies should Riordan utilize to improve innovation and
sustainability in both domestic and international applications?Make sure to have in-text cites, scholarly references. Plagiarism or late work will not receive payment.

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