Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Strategic Management Expert

problem 1) it’s been describeed as the £2.7 trillion opportunity’. According to Boston consulting group, there will be 3bn internet users globally by 2016. UK is leading revolution with 8.3% of GDP now online. Retail is experiencing Paradigm shift as a digital economy impacts on British shopping habits. New Business models are needed. In the past shops were analysed on the basis of sales per square ft. But there is no concept of sales per sq ft online. Nor is there one of sales per page - you can have infinite number of pages at almost zero cost. The metrics require to analyse ecommerce retailer are different. Not sales per sq.ft but on-site conversion rates, the lifetime value of consumer, the cost of customer acquisition, time spent on sire or average sale per visit.

Retail has also been impacted by lower disposable incomes, increased rates, more stringent parking regimes and the emergence of mega shopping centres,

You have been requested to undertake given with respect to High Street business of your choice.

prepare the report in which you identify requirement for strategic change in digital competitive environment of 2014.

You may wish to focus on either click and brick or pure play strategy. Identify the requirement for change, how business enterprise might realign itself to the requirements of external environment and estimate possible outcome of strategic change programme. Support your briefing paper with reference to range of strategic management theories drawn from: paradigm shifts, macro-economic environment, PESTEL, SWOT, product life-cycle, competitive advantage, 5 forces, BCG matrix, Ansoff's McKinsey 7's experience curve, cultural web etc. in which you evaluate retail in the 21st century.

Identify and estimate how knowledge of strategic management/strategic thinking together with change management can improve the organizations competitiveness and efficiency. You are also encouraged to give critique of contemporary strategic management research and practice.

i) show the understanding of nature of strategy and how it relates to long term planning process;

ii) Analyse how changes in corporate environment create requirement of modification of corporate strategy: 

iii) Demonstrate how corporate strategy influences management decisions relating to resource acquisition, market selection, size and structure.

iv) Show the significance of time horizons for planning strategy and how latter encompasses forecasting and uncertainty.

Word limit 3,000 words.

Strategic Management, Management Studies

  • Category:- Strategic Management
  • Reference No.:- M96158

Have any Question? 


Related Questions in Strategic Management

Strategic planread the following strategic plan overviewby

Strategic Plan Read the following Strategic Plan Overview: By definition, a strategic plan is designed to be used for 3 to 5 years or more. For your individual Strategic Plan project, you will write a strategic plan usin ...

Assignmentq1 how can corporate culture be changedq2 explain

Assignment Q1. How can corporate culture be changed? Q2. Explain the various guidelines for proper control. Q3. Why should you begin a case analysis with a financial analysis?

After reading this chapter please comment on why

After reading this chapter, please comment on why value-adding support strategies are important in the implementation of strategy? Read Ch. 9 of The Strategic Management of Health Care Organizations (7th edition)

Strategic recommendationsstrategic recommendationsin

Strategic Recommendations Strategic Recommendations In developing this assignment, you have an opportunity to synthesize and apply the concepts, principles, and theories. You will be writing a paper in response to the fo ...

Strategic management process in terms of your career

Strategic Management Process in Terms of Your Career Development Plan Need an essay to read in video presentation, presentation that explains the strategic management process in terms of your career development plan. The ...

Review the anthonys orchard case study in the unit

Review the Anthony's Orchard case study in the unit resources. Consider the following: The company, according to Anthony's Orchard Strategic Plan, is hoping to purchase an apple press in order to start a new line of prep ...

Homeland security assignmentcomponents of the strategic

Homeland Security Assignment Components of the strategic security plan can be found here: Strategic Security Plan Components. Assignment Guidelines Complete the following: • Address the following in your strategic securi ...

What is an alert roster what is an alert message describe

What is an alert roster? What is an alert message? Describe the two ways they can be used ? List and describe several containment strategies given in the text. On which tasks do they focus? What is an incident damage ass ...

Module 4 - slpstrategy implementation and strategic

Module 4 - SLP Strategy Implementation and Strategic Controls Simulation In Module 4, you will continue with the CVP analysis you completed in the Module 3 SLP. Scenario Continuation: It is still January 2, 2012. You hav ...

Casein this assignment you will be asked to once again

Case: In this assignment you will be asked to once again consider Dish in responding to the following two requirements: Why is it best for large organizations like Dish to use both PEST and Porter's 5 Forces analysis in ...

  • 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

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen