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How strategy development tools are used in business

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Reference no: EM132300649

Essay - Key Strategy Development Tools

Purpose of the assessment

Students are required to write a Comprehensive discussion of any four of the strategy models, with practical application to current business examples

Assignment Specifications

This assignment aims at ensuring that students have familiarised themselves with the foundational strategy development models and are able to relate them to current practical business examples.

Details

Write an essay explaining what the main strategy development tools are and how they are used in business. Your essay must contain a comprehensive discussion of 4 of the following: PESTEL, Five Forces, Resource-Based View, PROFIT, Input/Output, SWOT Analysis (you may include Cross Impact Analysis), Generic Strategies, Ansoff, Ghemawat, with reference to academic journals and practical examples from industry.

In this essay, sub-headings are permitted. Be sure to use paragraphing.

Be sure to reference your sources in-text and provide a list of references at the end in Harvard style.

Verified Expert

he following assignment gives an overview of four key strategy development tools: PESTEL, SWOT,Porter's five forces, and the Ansoff Matrix.These four strategies have been explained in detail, with a focus on how they can be practically applied by organisations.Emphasis has also been given on the advantages that these tools can bring to a business.This document has been prepared using Microsoft Office Word.

Reference no: EM132300649

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