Does your selected organization have a focused strategy

Assignment Help Business Management
Reference no: EM131210773

Assignment : LASA-Strategic Analysis: Organizational & Competitive

The goal of conducting a competitor analysis is to gather information about the company's competitors and systematically formulate a strategy to become the market leader in the industry. In formulating any strategy, it is imperative that the company understand its organizational structure as well as the internal and external forces which could impact their strategic decisions.

Based on the company you chose in the previous module, analyze the organization's mission, vision, and values, its ability to compete, and the effectiveness of its management team in executing strategy. Some of the factors to be considered in doing this evaluation include the company's internal resource capabilities, its relative cost position, and its competitive strength.In addition,evaluate the competitive strategy of your selected organization and examine how this strategic approach drives the rest of the strategic actions the company undertakes in terms of product line, production emphasis, marketing emphasis, and the means for sustaining the strategy. Make sure to include at least one analytical tool such as SWOT analysis, Porter's, BCG, etc. in your analysis.

Research your selected organization's strategy and analyze the following elements:

The organization's mission, vision, and values. What does it tell you about the company, their culture, their direction? Does it convey the purpose and primary objectives of the company? If so, how, if not what is missing?

The organization's strategic goals. Based on your research, what are the top three strategic goals of your chosen company?

The relative alignment of strategic goals with the organization's mission, vision, and values. Include at least three examples of how the strategic goals help and/or hinder the organization in achieving its mission, vision, and values.

Additions or changes you would recommend to the strategic goals to better achieve the company's mission, vision, and values. Include at least two additions or changes and justify your response.

Describe the relevant external factors and influences (at least 3) which could affect the decisions the company makes about its direction, objectives, strategy, and business model.

Describe the Internal factors and influences (at least 3) which could impact the company's decision making such as the company's market position and its competencies, capabilities, resource strengths and weaknesses, and competitiveness.

Does your selected organization have a focused strategy that differentiates it from other companies in the same marketplace? Explain your answer.

Is the organization seeking a competitive advantage by taking the initiative in the marketplace? Explain your answer.

Does the organization have a strategy for competing in international markets? Does it appear to have a solid understanding of local customer needs and preferences to create customized products or services? Does it appear to know how to transfer company expertise to initiate actions to compete internationally?

Make sure you utilize at least one analytical tool in your analysis of this section.

Write up your findings in a 6 to 8 page MS Word format paper which complies with APA standards, including proper grammar and spelling.

Include at least three scholarly resources in your report.

Reference no: EM131210773

Questions Cloud

Modify the program so that it passes the age variable : Modify the program so that it passes the age variable by reference to the get Age function. Save and then run the program. When prompted to enter your age, type your age and press Enter. This time, the message contains your age
Draw the search tree generated by algorithm a : Draw the search tree generated by Algorithm A*, using the given g and h functions, from the initial state BBWWE (not pictured above!) to a goal state.
Problem regarding the colorblind person : In a certain population, 4% of people are color blind. A subset is to be randomlychosen. How large must the subset be if the probability of its containing at least one colorblind person is at least 95%?
Current staffing levels for horizon events : You have recently been appointed as the new Business Development Manager for a company called Horizon Events. The company is reasonably well established and has been operatiang in your region for the past ten years.
Does your selected organization have a focused strategy : Describe the Internal factors and influences (at least 3) which could impact the company's decision making such as the company's market position and its competencies, capabilities, resource strengths and weaknesses, and competitiveness.
Regard to the standard deviation : With regard to the standard deviation, illustrate how and why the larger the deviation number, the more difficult it would be to predict an outcome. Use specific examples to illustrate.
Calculating the sales tax : The calc Sales Tax function is responsible for calculating the sales tax. Its function header looks like this: void calc Sales Tax(double sold, double rate, double tax). Correct the function header.
Create a community health strategy for dealing : Select one of the age groups discussed in this unit (adolescents, adult, or elderly) and create a community health strategy for dealing with intentional and unintentional injuries (motor vehicle accidents, suicide, or violence). Your response shou..
Amount won by one entry : (a) Find the expected value (in dollars) of the amount won by one entry. (b) Find the expected value (in dollars) if the cost of entering this sweepstakes is the cost of a postage stamp (34 cents)

Reviews

Write a Review

Business Management Questions & Answers

  Microeconomics questionsq1 jonathans preferences are

microeconomics questions.q1. jonathans preferences are characterized by diminishing marginal rate of substitution. at

  Level of advertising would they commit

Consider the model of advertising nad cournot competition analyzed in this chapter. suppose the two firms could write an externally enforced contract that specifies an advertising level a and a monetary transfer m from firm 2 to firm 1. would the ..

  Addresses a work-in-process valuation reductiona firm has

addresses a work-in-process valuation reductiona firm has redesigned its production process so that it now takes 10

  Evaluate the disparity of virginia''s budget

Fiscal Disparity in Virginia Schools - Examine and evaluate the disparity of Virginia's budget allocation for education and property tax to the various localities.

  When bad things happen to good teams

Read the article and summarize. Discuss and give your own opinion.

  How can i evaluate the following evaluation plan define the

how can i evaluate the following evaluation plan? define the elements that are present. describe those that are missing

  Evaluate lenscrafters operations strategy

Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability.

  Explain why is this option a less expensive way to increase

Explain Why is this option a less expensive way to increase the distribution of her treats

  Effective strategy during a recession

New classical economic theory suggests that the most effective strategy during a recession is for the government to do nothing. The most likely reason politicians do not follow this is mainly because?

  Fixed factor of production or variable factor of production

a) Is milk a fixed factor of production or a variable factor of production? b) Describe how the increase in the price of milk changes Starbucks' short-run cost curves. c) What would happen to the short-run cost curves if instead of an increase in the..

  Annual standard deviation of continuous returns

For a one-period binomial, what is the one-period up movement in the stock price and the one period down-movement in the stock price, if the current stock price is $90, its annual standard deviation of continuous returns is 30% and the option matu..

  Using the internet find a product that is sold in multiple

using the internet find a product that is sold in multiple markets and view each of those web sites. after viewing

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd