Summary of findings using these different analyses identify

Assignment Help Marketing Management
Reference no: EM13395569

This section provides the opportunity to develop your course project. Conducting an internal environmental scan or organizational assessment, provides the ability to put the strategic audit together.

In this course so far you have conducted the following steps toward completing the capstone strategic audit:

  •     Identified the organization for your report
  •     Interviewed key mid-level and senior level managers
  •     Created a market position analysis
  •     Conducted an external environmental scan in preparation of your final report and presentation
  •     Prepared a preliminary strategic audit


In this module you will conduct a comprehensive assessment of the internal environment at your business unit or organization you are working with for this project, also known as an organizational assessment, and present your findings in a report. Your report should analyze the operating characteristics and assets of your business unit and categorize them as strengths or weaknesses in terms of enabling the business strategy (these will be inputs into a final SWOT analysis).

The internal environmental scan or organizational assessment should include the following:

1.Mission, Vision, and Values: Assess the organization’s understanding of the mission, vision, and values, and how they relate the business strategy. Is there consensus on the mission and vision of the organization? What are the shared values of the organization?

2.What are the behaviors espoused by these values?
Strategy Clarification: Assess the organization’s understanding of the business strategy through interviews with mid-level and senior managers. Assess their understanding and agreement of the business unit’s value proposition, market position, and competitive advantage (these are inputs from M5: Assignment 1).

3.Cultural Assessment: Explain the unwritten rules and shared values that govern behaviors in the organization. Do they act as enablers or blockers to the strategy? For example, is there a culture of information sharing and collaboration that enables the organization to respond quickly across structural boundaries to solve problems for customers? On the other hand, do groups not share important information through informal mechanisms, thus slowing response times?

4.Value Chain Analysis: Identify the primary (direct) and support (indirect) activities that create and deliver your product or service to your customers. Assess each activity’s contribution to competitive advantage through cost or differentiation. Identify any areas where the business may be at a competitive disadvantage.

Summary of Findings: Using these different analyses, identify the organizational strengths and weaknesses as they relate to the business strategy. Organizational strengths are assets, capabilities, and resources that contribute directly to the organization’s strategic fit, differentiation, and competitive advantage relative to competing organizations. Organizational weaknesses are characteristics and capabilities (often lacking) that place the organization at a disadvantage relative to competitors.

Reference no: EM13395569

Questions Cloud

A company leases equipment for seven years the equipment : 1a self-employed person deposits 1250 annually in a retirement account called a sep-ira that earns 5.5.ahow much will
Economists have found three types of unemployment which : labor is the important factor of production for all firms. the most recent unemployment rate is estimated at 7.7
Do you think marketers overlook the target market share one : 1.what is your opinion about the marketing profession?2.do you perceive your enrollment in this course as a need or a
The breakdown of atp liberates energy which is used by : the breakdown of atp releases energy which is utilized by other reactions that require energy. identify other examples
Summary of findings using these different analyses identify : this section provides the opportunity to develop your course project. conducting an internal environmental scan or
Brief brief describe how mutations to dna can take place : a. briefly discuss how mutations to dna can occur and what the effects mutations may cause.b. are mutations good bad
Many americans feel that their jobs at home should be : many americans feel that their jobs at home should be protected and that free trade should be limited. however global
The cost of an asset less accumulated depreciation : the cost of an asset less accumulated depreciation equalsa. book value.b. residual value.c. depreciation expense.d.
Now assume government imposes special tax on the computers : supply demand amp government in the marketsa doctoral student has just completed a study for her dissertation and

Reviews

Write a Review

Marketing Management Questions & Answers

  Define vital information about strategic internet marketing

Explain Important information about Strategic Internet Marketing and Outline a strategy using the adapter categories to speed the adoption of an innovation such as handheld wireless internet

  Technologies which available in marketplace today

What are some emerging technologies available in the marketplace today? What are some benefits of using social networking? What are some drawbacks?

  Describe the target audience for the product include

assume you are the account executive for an advertising agency. you are competing with other agencies to produce a

  Describe and examine how a market economy allocates resource

Describe and examine how a market economy allocates resources and how a business needs to respond to the market

  The objective is for you to assimilate your knowledge

the objective is for you to assimilate your knowledge gained from readings discussions and work in this course into a

  Which of the following technology best characterizes the

1q. which of the following technology best characterizes the way microsoft operates a craftwork b engineering

  Research the steps necessary to take a business

The focus of this report is to research the steps necessary to take a business into your selected country and the background information needed to understand that market.

  Using the small group discussion boardthe group will come

individual portionyour individual task will be to contribute a section of the product proposal and pro-forma statement

  Case study on vanust - a tale of two perspectives

Case study on Vanust - a tale of two perspectives

  What factors and practices do you believe are important in

1. search the mmc in the internet and provide a brief description of its hrm strategy and practices2.what factors and

  Ship owners lien and maritime lien

Differentiate between the following: (a) Ship Owner's Lien and Maritime Lien (b) Air transport and Rail Transport (c) Heavy Lift Surcharge and Long Lift Surcharge (d) Re-order Level (ROL) and Re-order Quantity

  Discuss and describe how e-business will affect the

discuss and describe how e-business will affect the following areas of endeavor including both positive and negative

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