We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Strategic Management - Assignment Example

Comments (0)
Strategic Management “Argos” analysis” A brief description of the organization Argos, one of the largest general merchandise retailers of the United Kingdom was founded in 1973 (Argos Website, n.d.). Today, this company is a multi-channel retailing organization, selling general merchandise and products for the home from over 700 stores throughout the United Kingdom and Republic of Ireland, online and over the telephone (Argos website, n.d.)…
Download full paper
Strategic Management
Read TextPreview

Extract of sample
Strategic Management

Download file to see previous pages... 4.3 billion (Argos website, n.d.). In order to achieve this result the company has employed about 33,000 people across the business (Argos website, n.d.). While the company has not presented its mission as a separately identified statement, its strategic vision and mission could be derived from the information given on the website; it follows that: “we are extending our product range to help you make more responsible choices, conserve resources and save money” (Argos website, n.d.). Additionally, the company is concerned about the environmental issues and is striving to run the business in a sustainable way. Therefore, it is possible to say the main organization’s purpose is based on three key organizational values, which include not only supply of the customer with an extensive assortment but also conserving of the buyer’s resources and saving their money in sustainable way (Argos website, n.d.). While reviewing the official information presented at the Argos’ and Home Retail Group’s website, it is possible to summarize the key strategic issues and objectives which the company faces. These include (Home Retail Group, n.d.). Leadership in multi-channel retailing The company’s strategy is based on the idea of becoming the market leader in multi-channel retailing and maintaining of this status (Home Retail Group, n.d.). In order to achieve these heights, Argos, being a part of the Home Retail Group is working under the development of highly successful mobile and internet channels to reach its customers and meet their demand (Home Retail Group, n.d.). In future, the company’s management is planning to introduce such developments as: mobile apps for the iPad and Android, and TV shopping channel apps (Home Retail Group, n.d.). However, an integral part of the Argos strategic model is continuous investment in its stores (Home Retail Group, n.d.). Differentiated and market leading formats The company strives to differentiate its form from other retailers. In order to achieve this goal, Argo refreshes its brand and refurbishes its stores (Home Retail Group, n.d.). Product ranges and related services Expansion of the product range enables the company to grow its market share and to drive the leadership in its core markets (Home Retail Group, n.d.). Therefore, Argos is keen on the development of the ways of choice expansion. Delivering value to the customer As a part of its strategy, Argos is aimed at maintenance of highly competitive price position by comparing the price levels, organizing regular promotions to attract more consumers, and designed (and continues to work on) sourcing opportunities through direct sourcing and importing (Home Retail Group, n.d.). By introducing special lines, as “WOW” and “Argos Value”, Argos continues to deliver the best value to the customer. Leveraging scale and infrastructure Efficient cost base The Company seeks the opportunities of both cost reduction and business flexibility (Home Retail Group, n.d.). Financial strength Financial strength of the company is the vital characteristics which is necessary for the further growth and development of business. Thus, for example, the company plans to open about 20 stores during this financial year (Argos ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
Strategic Management
However, corporate governance is also depended greatly on the external environment in order for the development of the rules that are made in view of the existing rules and the strategic position of the company. The given statement does not take into account the fact that the strategy of the organization impacts the development of corporate governance.
3 Pages(750 words)Assignment
Strategic Management
ship 16 8.2 Puma- Focused Differentiation & Edward Jones- Focused Low Cost Strategy 17 8.3 Harley Davidson- Differentiation 18 References 19 PART A 1.0 Strategic Management A first time learner of management theories might define strategic management as using management concepts to gain strategic advantages for companies but unfortunately there is no concrete definition of the subject.
12 Pages(3000 words)Assignment
Strategic management
What is interesting about this direction and scope that Thomas Cook Group is taking is that the company is basing its intended product and service innovation on feasible feedback that it has gathered from customers based on organized survey. Clearly, this is a move and an initiative that carries so much prospect and hope for the development of competitive advantage over the medium term.
8 Pages(2000 words)Assignment
Strategic Management: Strategic Choices
Main products of the company are printers, personal computers, network management software, high end servers etc. Company is operating its business globally in several areas like printing, computing, digital imaging. Beside this, the company is also providing software and services.
4 Pages(1000 words)Case Study
Strategic Management
The strategies consist of everything that the company expects to fulfill in the future. The aims of the company are to be supported by the different types of operations and functions of the company. All these come under the purview of the strategy. The strategy has different
11 Pages(2750 words)Assignment
Strategic management
Thus, this paper gives a summary of this article and the subsequent implications for public organizations in Qatar. The article appreciates that after years of mixed perceptions towards strategic
3 Pages(750 words)Assignment
Strategic management
This paper will seek to explore how Samsung and Apple seek to achieve better alignment between strategic priorities and corporate policies. In order to achieve this, the paper will use 3 main tools; the Yip’s drivers of internationalization, Porter’s
1 Pages(250 words)Assignment
Strategic management means formulation and implementation of plans and initiative taken by the company for achieving its major goals. This is done on the behalf of the proprietor after considering the resource of the company. For
12 Pages(3000 words)Assignment
Strategic management
For organizations to prosper, the management should be able to anticipate and recognize the changes in the internal and external environment and be
7 Pages(1750 words)Assignment
Strategic Management
y’s goals, secure the interest of the shareholders, create more value for their share of securities in the market, know how the company can generate more value for itself, the geographical scope within which the company should focus in order to grow among others. This is so
8 Pages(2000 words)Assignment
Let us find you another Assignment on topic Strategic Management for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us