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

Assignmentwrite a 700- to 1050-word section for your

Assignment Write a 700- to 1,050-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets. • Include marketing a ...

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 ...

For each of the following scenarios identify which research

For each of the following scenarios, identify which research strategy is used: descriptive, correlational, experimental, or non experimental. (Note: For now, do not differentiate between non experimental and quasi-experi ...

Assignment strategic management and strategic

Assignment: Strategic Management and Strategic Competitiveness Choose one public corporation in an industry with which you are familiar. Research the company on its own Website, the public filings on the Securities and E ...

Discussion research weekly concepts for identifying

Discussion: Research Weekly Concepts for Identifying, Selecting, and Implementing Strategies For Discussion, please visit the Walden Library databases or select a recognized business publication such as Forbes, Business ...

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 ...

Assignment a new strategy for kodakreview case 28 the rise

Assignment: A New Strategy for Kodak Review Case 28 "The rise and fall of Eastman Kodak: Will it survive beyond 2012?" located in the textbook. Assume that you have been hired by Kodak as a business consultant to recomme ...

Outline for a scientific project description research

Outline for a scientific project description (research proposal with a model) - 5 pages (2000-2500words) Introduction Topic Problem statement/research question(s) Relevance -          Significance to knowledge/research - ...

Strategic management and competitivenessin this assignment

Strategic Management and Competitiveness In this assignment, decide on strategic management plans, a company's strategic competitiveness, and the best model for above-average returns. In current market conditions, compan ...

This is an individual assignment each of you will do this

This is an individual assignment. Each of you will do this on your own. The majority of the content should reflect original critical thinking. When you are asked for information that might be available in your textbook, ...

  • 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