Strategic Management -1
I’m trying to study for my Management course and I need some help to understand this question.
No Plagiarism
No Plagiarism
No Plagiarism
Instructions for the three assignments – PLEASE READ THEM CAREFULLY
- The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
- Assignments submitted through email will not be accepted.
- Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
- Students must mention question number clearly in their answer.
- Late submission will NOT be accepted.
- Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
- Submissions without this cover page will NOT be accepted.
Structure of the project
This project aims to study the strategic management of your selected company ‘X’. It includes three main parts:
- Part 1: Assignment 1= Environmental scanning & strategy formulation.
- Part 2: Assignment 2= Strategy implementation.
- Part 3: Assignment 3= Evaluation and control.
- It is a company from your choice;
- From real national or international market;
- It is publicly traded company;
- Produces and commercializes more than one product;
- Sufficient information about the strategies of the company, its functions, structures and product lines are available;
- This company should have at least one partnership with other company (es) (alliances, joint venture, arrangement…).
Description of the company ‘X’
Note.
If you face any ambiguity regarding the choice of the corporation, kindly feel free to ask more clarification from your instructor.
Assignment 1: Part 1 of project
Environmental scanning & strategy formulation
Learning outcomes:
1.Understand the basic concepts and terminology used in Strategic Management. (Lo 1.2)
- Identify opportunities and threats as well as strengths and weakness in the operating environment of hypothetical and real-world organizations (Lo 2.9)
- Understand issues related to strategic competitive advantage in organizations (Lo 2.2)
- Identify appropriate strategies for different situations (Lo 3.1).
Assignment Questions (5 Marks)
- Briefly present your selected company (name, industry, nationality, location, size, activities, products…) (Max 200 words).(0.5 mark)
- Determine the opportunities, threats, strengths and weaknesses of your selected company by completing the SWOT matrix below. (1 mark)
- Does your selected company have social responsibility? If yes, discuss its impact on competitive advantage of the corporation. (Max 400 words) (1 mark)
- Based on the figure 4.3 (Ch4-slide no 18) and the textbook text relative to Porter’s Five forces of competition framework, assess the power of the buyers, suppliers and substitutes of your chosen company. How formidable are the barriers to entry and how intense is the rivalry among existing firms? ( 2 marks)
- What is the competitive strategy used by your selected company? Justify.(0.5 mark)
Assignment Answers:
- Briefly present your selected company (name, industry, nationality, location, size, activities, products…) (Max 200 words).(0.5 mark)
- Determine the opportunities, threats, strengths and weaknesses of your selected company by completing the SWOT matrix in the answer sheet. (1 mark)
- Does your selected company have social responsibility? If yes, discuss its impact on competitive advantage of the corporation. (Max 400 words) (1 mark)
- Based on the figure 4.3 (Ch4-slide no 18) and the textbook text relative to Porter’s Five forces of competition framework, assess the power of the buyers, suppliers and substitutes of your chosen company. How formidable are the barriers to entry and how intense is the rivalry among existing firms? ( 2 marks)
- What is the competitive strategy used by your selected company? Justify.(0.5 mark)
Answer:
………………
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Opportunities |
Threats |
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Strengths |
Weaknesses |
Answer
Answer
Answer
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