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BUSINESS STRATEGY ASSIGNMENT 2022

   

Added on  2022-09-27

9 Pages1660 Words24 Views
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Running Head: Business Strategy
Business Strategy
Name of the Student:
Name of the University:
Author’s Note
BUSINESS STRATEGY ASSIGNMENT 2022_1

1BUSINESS STRATEGY
Table of Contents
Introduction................................................................................................................................1
Discussion..................................................................................................................................1
Chosen Organisation- Saudi Aramco, Saudi Arabian Oil Company.........................................1
Main Frameworks:.....................................................................................................................1
PESTLE Framework..........................................................................................................1
Porters Five Forces Model.................................................................................................2
Scenario Planning...............................................................................................................3
Strategic Group Maps........................................................................................................3
Competitive Intelligence....................................................................................................3
Key Success Factors (KSF’s).............................................................................................4
EFE Matrix and CPM Matrix.............................................................................................4
Conclusion..................................................................................................................................4
Reference....................................................................................................................................5
BUSINESS STRATEGY ASSIGNMENT 2022_2

2BUSINESS STRATEGY
Introduction
In the following assignment the aim of the essay is to explain various framework that
are attached with the functioning of the organisation. The chosen company for this
assignment is Saudi Arabian Oil Company (Al-Tammaret al, 2014).The purpose of the essay
is to incorporate the different frameworks like PESTLE, Porters Five Forces Model, scenario
planning and many more. It will further highlight theunderstand of the meaning of
Competitive Intelligence and key success factors of Saudi Arabian Oil Company. The key
factors of the essay is highlighted on the attributes that are determined on the factor of sale
volume, material, labor and so on. The contribution made by the organisation is classified
within different framework (Krane 2015).
Discussion
Chosen Organisation- Saudi Aramco, Saudi Arabian Oil Company.
Main Frameworks:
PESTLE Framework
The PESTLE analysis of Saudi Aramco is based on the Political, Economic, Social,
Technological, Legal and Environmental factors that area attached to the business. The
PESTLE factor is conducted in the organisation to create an impact in the macro environment
(Rahman 2014). Having said that the Saudi Arabian Oil Company is an international brand
and it implies that the company is enforced of different rules and regulation. The following
factors will highlight the reason of the analysis in Saudi Aramco:
Political- the political factors are restrained to the policies of Middle East King’s
administration.
BUSINESS STRATEGY ASSIGNMENT 2022_3

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