Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Marketing Management Expert

Assignment : Strategic Analysis: Organizational & Competitive

The goal of conducting a competitor analysis is to gather information about the company's competitors and systematically formulate a strategy to become the market leader in the industry.

In formulating any strategy, it is imperative that the company understand its organizational structure as well as the internal and external forces which could impact their strategic decisions.

Based on the company you chose in the previous module, analyze the organization's mission, vision, and values, its ability to compete, and the effectiveness of its management team in executing strategy. Some of the factors to be considered in doing this evaluation include the company's internal resource capabilities, its relative cost position, and its competitive strength.

In addition,evaluate the competitive strategy of your selected organization and examine how this strategic approach drives the rest of the strategic actions the company undertakes in terms of product line, production emphasis, marketing emphasis, and the means for sustaining the strategy.

Make sure to include at least one analytical tool such as SWOT analysis, Porter's, BCG, etc. in your analysis.

Research your selected organization's strategy and analyze the following elements:

The organization's mission, vision, and values. What does it tell you about the company, their culture, their direction? Does it convey the purpose and primary objectives of the company? If so, how, if not what is missing?

The organization's strategic goals. Based on your research, what are the top three strategic goals of your chosen company?

The relative alignment of strategic goals with the organization's mission, vision, and values. Include at least three examples of how the strategic goals help and/or hinder the organization in achieving its mission, vision, and values.

Additions or changes you would recommend to the strategic goals to better achieve the company's mission, vision, and values. Include at least two additions or changes and justify your response.

Describe the relevant external factors and influences (at least 3) which could affect the decisions the company makes about its direction, objectives, strategy, and business model.

Describe the Internal factors and influences (at least 3) which could impact the company's decision making such as the company's market position and its competencies, capabilities, resource strengths and weaknesses, and competitiveness.

Does your selected organization have a focused strategy that differentiates it from other companies in the same marketplace? Explain your answer.

Is the organization seeking a competitive advantage by taking the initiative in the marketplace? Explain your answer.

Does the organization have a strategy for competing in international markets?

Does it appear to have a solid understanding of local customer needs and preferences to create customized products or services?

Does it appear to know how to transfer company expertise to initiate actions to compete internationally?

Make sure you utilize at least one analytical tool in your analysis of this section.

Write up your findings in a 6 to 8 page MS Word format paper which complies with APA standards, including proper grammar and spelling.

Include at least three scholarly resources in your report.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M92551140

Have any Question?


Related Questions in Marketing Management

Question brand extension marketing planintroduction the

Question: Brand Extension Marketing Plan Introduction: The Assignment in this unit is to complete a component of a Brand Extension Marketing Plan for one new product on the behalf of an existing for-profit organization. ...

Question this week were going to get inside the head of a

Question: This week we're going to get inside the head of a customer (meaning all of you and me and everyone else), because this is what marketers need to do to get their message heard and to drive customers to do what t ...

Question for this weeks assignment pick a product with

Question: For this week's assignment pick a product with which you are very familiar with or take the time to go through your clothes closet and try and find a product made in the USA, or one that you can anticipate bein ...

Question 1 application of conceptstime value of money2

Question: 1. Application of concepts/time value of money? 2. Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low? 3. Discuss the role of demographics ...

Assessment descriptionyou are the marketing development

Assessment description You are the Marketing Development Team of a global organisation. Your team is to plan for an integrated marketing communications launch of a new product. You are required to 1. Choose a brand categ ...

Question strategic marketing planintroductionthis

Question: STRATEGIC MARKETING PLAN INTRODUCTION This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to "go to market". A Project Template is provided ...

Objectiveto demonstrate an understanding of international

Objective To demonstrate an understanding of International Marketing To show how an understanding of both the theory and practice of International Marketing To show an good understanding of the subject matter of the indi ...

Question after watching this video -- we want to consider

Question: After watching this video -- we want to consider the shift in marketing from business to business. We have discussed direct marketing to target markets - but if we work for a organization whereby we market to o ...

Question find a company in your area that is known for its

Question: Find a company in your area that is known for its environmental and/or social responsibility. Set up an interview with a company representative. In the interview find out: 1. What the company representative bel ...

Question reflective journal 1 my views on mass media or

Question: Reflective Journal 1: My Views on Mass Media or Effects of Advertising APA FORMAT Write a 3/4 to 1 page journal entry (300 to 500 words) in which you: Describe one or two (1-2) experiences with mass media (movi ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As