Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business 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.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92003759
  • Price:- $50

Priced at Now at $50, Verified Solution

Have any Question?


Related Questions in Business Management

Leadership theories can differ from one department to

Leadership theories can differ from one department to another, as well as from one specific team to another. How might this directly affect the staff within the department or team?

According to research which of the following is considered

According to research, which of the following is considered the most stressful life event?

An important factor in team effectiveness is ensuring that

An important factor in team effectiveness is ensuring that the needs for both task accomplishment and team members' socioemotional well-being are met. Discuss.

What are some of the reasons that email communications seem

What are some of the reasons that email communications seem to be so overwhelming and time consuming? What can be done to eliminate the "reply all" approach to business communications?

Whats the difference between a bigfile tablespace and a

What's the difference between a Bigfile tablespace and a Smallfile tablespace? Explain which you would use for your database and why.

How will social learning and social networks influence

How will social learning and social networks influence employee expectations about learning, training, and development?

How is philosophy related to leadershiphow are the

How is philosophy related to leadership? How are the philosophical themes of relationalism, ethics and reflexivity related to leadership? How can a philosophical understanding cause leaders to lead differently than a tra ...

You want to be a millionaire when you retire in 35 yearsa

You want to be a millionaire when you retire in 35 years. a. How much do you have to save each month if you can earn an annual return of 10.7 percent?  (Do not round intermediate calculations and round your answer to 2 d ...

Think about a prescription that a doctor may write describe

Think about a prescription that a doctor may write. Describe the different types of customers involved in the process of filling the prescription. Think about who are the customers and their roles?

What is norways global health issues and how can they be

What is Norway's global health issues and how can they be combated?

  • 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