Applied Corporate Strategic: Opportunities and Threats for Business Strategies Plan

Applied Corporate
Strategic

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Opportunities and threats of external analysis for business strategies plan.................................3
Resources that VF corporation required......................................................................................5
Value chain model for VF corporation........................................................................................7
VRIO model for VF corporation..................................................................................................8
Strategies those are beneficial for organization attractiveness:...................................................9
Evolution of SAF strategy with TWOS analysis for management of external forces:..............11
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14

INTRODUCTION
Corporate strategy define as a process where business prepare structure for long term
growth, motivate their employee for maintaining relationship with the customer and fulfil the
stockholders demands. The VF corporation is footwear and clothing retail industry. They apply
various strategies for their long term growth and development. The company prepare structure
and framework for their customer satisfaction. VF corporation acquire supreme industry because
this company also sells the smiler product throughout the online marketing. Both the company
prepare framework for the development of new techniques in their business activity. This report
will show that organization affects from external and internal factors and how company prepare
structure for their long term growth. Also, this study provide information about company
strategy (Hernandez, and Menon, 2021).
MAIN BODY
Opportunities and threats of external analysis for business strategies plan
Organization faces many challenges from the external environment factor. Basically
recently almost every corporation believes in apply new techniques and new beneficial
opportunities in their business plan. This strategic plans are essential for impressive organization.
Effective utilization of new technology is challenging part but the proper knowledge, motivation,
training provide benefits for smooth run organization. Application of online marketing policies
can be easier process and it will create new opportunity to connect with target audience (Temri,
2021). Organization affects from various external factors concluded with opportunities and
threats are as follows-
main business issues are lack of information: if business is lacking in proper researching and
information this can create a big threat to them as they are not able to do any task.
Asset management: Asset management is also the biggest problem for the business. As if
businesses having a good asset or cash flow it will be opportunity for them to invest in good
sector.

Time management: To successfully run a business required a lot of patience and time so
company has to manage all their time sometimes the situation arise in which they have to give
extra time in such situation they need to calm and patient to develop a opportunities for them.
Political factors:
Preparation of strategies organization has follows many aspects for long term
profitability. The retail industry prepares any frame work they have to focuses on government
rule and taxes policy those are prepared by government. The company properly follow political
aspects, they can easily make effectual position in market place. Attractive organization
reputation directly open new opportunities in the market. Any corporation when they prepare
strategies they have to considered taxes policies, legal policies, safety regulation and many more
according to the political factor. The major threat is that sometime changes in the taxes policies,
tread policies are directly affects the organization performance.
Economic factor:
Industries consider the various economic factor those are directly effects the company
sales and their market activities. Every external aspect has some opportunities and some threats.
The retail industry prepare framework for their effective inflation in GDP rates, customer buying
power, interest rate, income per capital rate and many more factors affects the industry
performance. According to the economical factor there are very limited opportunities that
organization can apply like improvement in inflation rate, improvement in the employee salary.
Better employee salary provide better organization performance in the market
Social factor:
The organization open new branches in different place firstly they should consider the
cultural activities, social background etc. It is essential that industry follows the culture for new
opportunities. Number of population, their class, lifestyle and many more things are essential for
any business evolution because these aspects provide effective result from the customer. Proper
idea of audience attitude, their education level provide many opportunities for make impressive
strategies. The major threat of business plan is that the diversification because customer mood,
social convention can be changed any time. According to their aspect is difficult to makes
policy.
Technological factor: