StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Choose an organisation with which you are familiar and you are then required to perform a strategic audit of your chosen organisation in order to: (i) identify and describe its current strategic position, and (ii) use this analysis to generate 3 key strat - Essay Example

Comments (0) Cite this document
Summary
Strategic management involves implementation and formulation of the major goals and initiatives taken by the management of company based on the consideration of resources, external and internal environment in which the organization is running their business activities. Again…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
Choose an organisation with which you are familiar and you are then required to perform a strategic audit of your chosen organisation in order to: (i) identify and describe its current strategic position, and (ii) use this analysis to generate 3 key strat
Read TextPreview

Extract of sample "Choose an organisation with which you are familiar and you are then required to perform a strategic audit of your chosen organisation in order to: (i) identify and describe its current strategic position, and (ii) use this analysis to generate 3 key strat"

Download file to see previous pages It has expanded its business activities and opened its stores in more than 12 countries in the world including Asia, Europe and North America. It is the leader in the grocery market especially in UK, Malaysia, Ireland and Thailand. Tesco is offering food products, beverages, clothing, home appliances, mobile devices and financial services to its customers. The company owns more than 6, 700 stores across the world. Tesco is able to serve more than ten millions of people per week. The management of this company aims to expand business scope in international market and by this way it wants to increase strong and sustainable long term growth. The company’s growth strategy is depending on the diversification strategy which was taken by the top management of this organization. In UK market the organization has established its stable position and in the present days this can be observed that Tesco PLC is a successful international retailer in store and online.
As per the annual report and financial statements of Tesco PLC this is clearly observed that number of customers is increasing of this company in each year and they are satisfied from the delivery of services provided by the organization. Number of online shoppers is also increasing by the same way. But consumer behaviour and household budget are pressurized due to the change of economic environment and thus the business has to face several challenges to run its operational as well as business activities. The strategic position of this company is depending on the following factors which are customer intimacy, innovation and quality. Rig mechanization is one of the major strategies adopted by the top management of this company. In this strategy the company is concentrating to implement innovative products after detailed research and development procedure. Again the company has established multi channel leadership in all the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Choose an organisation with which you are familiar and you are then Essay”, n.d.)
Choose an organisation with which you are familiar and you are then Essay. Retrieved from https://studentshare.org/management/1654768-choose-an-organisation-with-which-you-are-familiar-and-you-are-then-required-to-perform-a-strategic-audit-of-your-chosen-organisation-in-order-to-i-identify-and-describe-its-current-strategic-position-and-ii-use-this-analysis-to-generate-3-key-strat
(Choose an Organisation With Which You Are Familiar and You Are Then Essay)
Choose an Organisation With Which You Are Familiar and You Are Then Essay. https://studentshare.org/management/1654768-choose-an-organisation-with-which-you-are-familiar-and-you-are-then-required-to-perform-a-strategic-audit-of-your-chosen-organisation-in-order-to-i-identify-and-describe-its-current-strategic-position-and-ii-use-this-analysis-to-generate-3-key-strat.
“Choose an Organisation With Which You Are Familiar and You Are Then Essay”, n.d. https://studentshare.org/management/1654768-choose-an-organisation-with-which-you-are-familiar-and-you-are-then-required-to-perform-a-strategic-audit-of-your-chosen-organisation-in-order-to-i-identify-and-describe-its-current-strategic-position-and-ii-use-this-analysis-to-generate-3-key-strat.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Choose an organisation with which you are familiar and you are then required to perform a strategic audit of your chosen organisation in order to: (i) identify and describe its current strategic position, and (ii) use this analysis to generate 3 key strat

Strategic management and some of its tools

...of strategic leadership (i.e. leadership role your management play) in both strategy formulation and implementation in your organisation. You should create the poster using Microsoft power point slides (not more than two slides). The poster should include (1) title of the poster (2) image/images that visualise the strategic management tools with its key components and demonstrate the usefulness and limitation of the tools (3) image/images that demonstrates the role of strategic leadership (i.e. leadership role your...
24 Pages(6000 words)Essay

Strategic Planning for International Tourism (Identify a National Tourism Organisation)

...in the tourism industry need to understand the content of ‘destination’, as the term is used in the tourism industry. Pearce (1989) notes that in the tourism industry, destination is a term used in order to describe ‘an amalgam of products and services available in one location that can draw visitors from beyond its spatial confines’ (Pearce 1989 in Keller et al. 2006, p.65). Moreover, the motives that are likely to affect the choices of consumers in the tourism industry – i.e. ‘variably, novelty and strangeness’ (Cohen 1972, p.172 in Keller et al. 2006, p.66) – have to be taken into consideration when developing branding policies related to the specific...
8 Pages(2000 words)Essay

Strategic position analysis and strategy evaluation of a Chinese organisation

...industry in China flourished from $660 billion in the year 2004 to $779 billion in 2007 (Lenovo, 2013). In this paper we critically analyze the strategic position of the company in the relevant industry as opposed to its major competitors and use different tools to assess its performance over the years. LENOVO’S STANDING IN THE INDUSTRY Lenovo deals mainly in manufacturing of laptops, desktops, ultra-books, tablet PCs and other computer accessories such as headphones, microphone, mouse, keyboard, monitors and server machines etc. It achieved a 19 percent share in the world of computers and notepads. Dell and HP account for 21% and 54% of...
18 Pages(4500 words)Essay

Identify an organisation

...of the strengths provided by the flat organizational structure. Survey Results Name: Contact Details (Email and Tel): Position: Company: For each statement, please circle the number that most closely represents the extent to which this principle currently describes your company (Survey Form, 2013). Not at all To a weak extent To a moderate extent To a large extent To a very large extent Principle 1: Alignment Our business has aligned employee behaviors with stated company values and direction. 1 2 3 5 Principle 2: Distributed Leadership In our business, individuals and work teams are assigned, and accept, responsibility for operational decision making...
12 Pages(3000 words)Essay

Strategic audit

...Strategic Audit Table of Contents I. Current Situation 3 II. Corporate Governance 4 III. External Environment – Opportunities and Threats 6 IV. International Environment 7 References 12 I. Current Situation A. Current performance In the year 2006, the performance of the company was quite satisfactory in terms of revenue generated, return on investment, market share and profitability. In 2005, the total revenue of the company was $81.5 billion with an operating margin of 11.5 percent. Growth had been noticed in the earning per share as...
7 Pages(1750 words)Case Study

Identify and reflect on the process of applying for a position within an organisation

...1. Reflect on your current skills in order to identify how you meet the requirements of the job and/or areas for development. (No less than 500 Words). Analysis of roles within the HR profession; what is required to obtain the job you desire. Are you suited for the job of your choice – Reflection on your current skills (No less than 500 Words). 2. A copy of the ‘invite to interview’ letter which you receive from the organisation. (No less than 250 Words) (No less than 250...
9 Pages(2250 words)Essay

Strategic issues and options facing your organisation

...and innovate in the current market, generate steady revenues and high margins in the long term, analyze strategic options about the organic growth that Apple can pursue, which includes acquiring another company or diversification, and also analyze the strategic decisions that Apple should make to control costs. Apple`s success has been attributed to its ability to grow and innovate. It has been largely successful because of the risks that it has taken in developing new product and marketing it. Experts say that there are three stages of a product that has affected iPods or iTunes. They are Product Power, Position Power and process...
12 Pages(3000 words)Essay

Assignment requires you to perform a strategic review of Asda

...A Strategic Review of Asda Table of Contents Strategic Review (SWOT) 5 The strategic review includes the internal and external analysis of Asda by Swot analysis. 5 Internal Analysis: 5 Strength: Asda owned by Walmart, is a powerful retail supermarket chain in terms of reputation and for offering low priced daily use products. The company’s primary focus is to save money for the customers by offering lower prices than its competitors. Asda has developed its core competencies on economies of scale, i.e. they buy in huge bulk at a lower procurement cost and thus, are able to sell at low...
9 Pages(2250 words)Essay

Audit on an organisation of your choice

...Audit on an Organisation of Your Choice Table of Contents Introduction 3 Situation Analysis 3 Organisational Goal 4 Competitors Analysis 5 Internal Strengths and Weaknesses 6 Strengths 6 Weaknesses 7 Marketing Objectives 7 Marketing Activities and 7P’s 8 Conclusion 11 References 12 Introduction Organisational audit is divided into two parts, ‘Internal Factor Evaluation’ and ‘External Factor Evaluation’. Every company can enhance their performance as well as effectiveness through the implementation of organisational and environmental...
7 Pages(1750 words)Assignment

Investigate a given organisation to analyse its current position, evaluate the strategic options available, and recommend the strategic route

...for wheelbarrows that James Dyson invented after finding it hard to use the then ordinary wheelbarrow. Analysis on Dyson current position A business current position is judged through its various parameters including its values, unique selling point (USP) and market share. A business has to remain distinct among other competitors in order to remain not just afloat, but also ensure it achieves its goals. By offering a unique product, a firm sets itself above others; with values that correspond to the needs of people a firm attracts a list of clientele 2....
10 Pages(2500 words)Essay
sponsored ads
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.

Let us find you another Essay on topic Choose an organisation with which you are familiar and you are then required to perform a strategic audit of your chosen organisation in order to: (i) identify and describe its current strategic position, and (ii) use this analysis to generate 3 key strat for FREE!

Contact Us