Reference no: EM133017427
Perform an analysis of Wesfarmers by drawing on the latest Annual Filing/Report (as filed 31 December 2017). Your analysis can include information prior to December 2017 but must not include any information, reports, etc., post December 2017. Bear in mind that as a strategic manager, you do not have the benefit of foresight, and hence your analysis for this assignment must be confined to the period ending 31 December 2017.
Address the following in your analysis:
-Read the Wesfarmers material, identify, and analyze the generic building blocks and the strategies that this organization is expressing. Which building block is the most important for this firm and outline the relationships between the four blocks.
-Analyze and discuss the forces that have shaped Wesfarmers' response to the market.
-Examine and comment on Wesfarmers' international ventures. What is the rationale for such ventures, and what approach is the firm taking in these other markets? Discuss whether the firm's strategies conform to what the theory suggests would be appropriate in these ventures, and identify what competencies it is leveraging in its international activities.
-Based on your awareness of the firm and the nature of the industry cycle as revealed in questions 1-3, what must the firm do to improve its performance and long-term sustainability? As appropriate, refer to strategic management theory and the evidence from the case to support your assessment.