What is the companys primary strategy

Assignment Help Strategic Management

Reference no: EM133868938

Homework: SWOT Analysis

Milestone Activity

You have reached a Milestone Activity! Be sure you have completed all of the learning activities. Milestone Activities are important stops along your educational journey to check your progress towards mastering the competency and to get feedback and guidance from your tutorial faculty.

Note: You must complete this Milestone Activity before moving on in this competency. Milestones ask questions that touch upon concepts covered in previous Learning Activities and provide you with the opportunity to see concepts from the perspective of experts in the field, your faculty.

List of Topics and Sub-Modules for Milestone Activity

Milestone Activity: SWOT Analysis: SWOT Analysis- This milestone activity combines internal and external analysis to give you an opportunity to identify appropriate strategies, uniting several of the previous lessons. It is also a component to draft for the Assessment Project.

What do I want you to do?

In this activity, you will analyze the strengths and weaknesses of the company, analyze the opportunities and threats within the business landscape, and propose strategies to leverage the strengths to meet opportunities or dodge threats while avoiding weaknesses.

I. Internal Analysis

A. What is the company's primary strategy, and is it working well?

B. What are the company's strategic resources and capabilities (consider VRIO)?

C. Has the company recently shown an ability to innovate, pivot, or adapt?

D. Are the company's prices and costs competitive?

E. Is the company competitively stronger or weaker than competitors?

F. What strategic issues and problems merit front-burner managerial attention?

G. From the previous answers, identify three primary strengths and three primary weaknesses of the company.

II. External Analysis

A. Does the industry offer attractive opportunities for growth?

B. What forces are driving industry changes (consider PESTEL trends and shifts)?

C. What market positions do industry rivals occupy (consider Porter's Five Forces positions)?

D. What are the key success factors for future success in the company's industry?

E. Does the industry offer good prospects for profitability?

F. From the previous answers, identify three significant opportunities and three threats to the company within the business landscape.

III. Strategizing

A. Match one of the strengths and weaknesses with one of the opportunities and threats. Consider how the company might make the most of the situation.

B. Create three of these situational pairings.

C. For each pairing, consider with other strengths, weakness, opportunities, or threats might also relate.

D. Consider the list of business strategies discussed in previous lessons. Choose one that fits each situational pairing best.

E. Rank your three strategy recommendations from most highly recommended to least.

Reference no: EM133868938

Questions Cloud

Difference between compliance-adherence and concordance : Discuss the difference between compliance, adherence, and concordance, and provide a patient-related example of each,

Discuss your approach when you face these situations : Discuss your approach when you face these situations. As you enter the classroom on day of the lab, you suddenly realize that you are wearing your flip-flops.

Write sql code that will create only the table structure : Write SQL code that will create only the table structure for a table named EMPLOYEE1. This table will be a subset of the EMPLOYEE table. The basic EMPLOYEE

Building and analysing advanced machine learning models : Building and Analysing Advanced Machine Learning Models Assessment - implement and evaluate Neural Network-based models (e.g., image and text classification)

What is the companys primary strategy : What is the company's primary strategy, and is it working well? What are the company's strategic resources and capabilities (consider VRIO)?

Differentiate between HITECH and HIPAA laws for therapists : Differentiate between HITECH and HIPAA laws for therapists. What are some key concerns in providing therapy through electronic or virtual delivery

Beta blocker for congestive heart failure : You desire to prescribe a 67 year old patient a beta blocker for congestive heart failure. The patient has comorbid hypertension, obesity,

Continually becoming infected : Cindy went to her eye doctor because her left eye was continually becoming infected and making it difficult for her to see.

Osteoporosis of the lumbar spine : A 75 year old female is diagnosed with an acute vertebral fracture of L4. During the work-up, she is found to have osteoporosis of the lumbar spine.

User Account

All Pages