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

  Liquidates the entire inventory

Assuming that Attic's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum Chester's Elite product manager must spend in promotion to earn more awareness than Andrews' Attic product?

  Example on transnational and localization strategies

Under what circumstances would a firm use a localization strategy? When would an international strategy be employed?

  Research - continuous quality assurance

Research the continuous quality assurance efforts within a healthcare facility other than in hospitals

  Briefly describe the bank its product and service offerings

Briefly describe the bank, its product and service offerings, and components of your plan. What are the strategic, operational, finance, and compliance risks associated with your bank and the banking industry in general?

  Determine a constant workforce level

Using a chase strategy, determine a workforce level in each quarter and the total cost of the next year (labor cost, hiring cost, layoff costs, and inventory carrying cost). Using a level strategy, determine a constant workforce level and the total..

  Linear decision making

Linear Decision Making - define linear desion making and provide an example from personal experiences.

  Compensation and benefits programs

When designing compensation and benefits programs, organizational leaders have begun to recognize that they must consider the unique needs of their employees based on workforce demands and geographic factors. This has resulted in many innovative a..

  Persuasive organization message flowing download

As employee relations manager of Prudential Financial, one of your tasks is to promote Project H.E.L.P. (Higher Education Learning Program), an on-the-job learning opportunity.

  Good leaderswhen looking at leadership and assessing

good leaderswhen looking at leadership and assessing qualities of good leaders how might this vary from the perspective

  Develop recommendation for utilizing a specific forecasting

Given the information available and your knowledge of different forecasting techniques, develop a recommendation for utilizing a specific forecasting technique in the subsequent study.

  Calculating the size of the money multiplier

Assume a financial system has a monetary base (MB) of $25 million. The required reserves ratio is 10 percent, and no leakages are in the system. a. What is the size of the money multiplier (m)? b. What will be the system's money supply?

  Illustrate what is the relationship among governments

Illustrate what is the relationship among governments, institutions, organizations and companies in developing the legal means to fight software piracy?

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