Business Strategy Assignment

Running head: BUSINESS STRATEGY ASSIGNMENT
Business Strategy Assignment
Name of the Student
Name of the University
Author Note

1BUSINESS STRATEGY ASSIGNMENT
Table of Contents
Introduction:...............................................................................................................................3
Evaluation of the Environmental Factors:..................................................................................3
Strategic Plan:............................................................................................................................6
Conclusion:................................................................................................................................0
References:.................................................................................................................................1

2BUSINESS STRATEGY ASSIGNMENT
Assignment 2:
Introduction:
The impact of the internal, micro and macro environmental factors on the business
performances of the organizations is pretty significant. The effective analysis of these factors
enable the organizations for the effective management of modern market trends. Along with
that, the analysis helps the managers of the organizations in the effective identification of the
changes in the micro and macro environmental factors of the company which have the
potential to affect the business activities of the mentioned organization. The paper is focused
in assessing the findings of the macro and micro environmental analysis of the chosen
organization and with a precise focus on the analysis, the paper provides a strategic plan for
the improvement of the business operations of the mentioned organization.
Evaluation of the Environmental Factors:
It is quite observable that the current business market is revolving around the
emergence of new technologies, which are posing the significant challenges for the business
competitors. Therefore, it can be stated that the business organizations need to keep their
focus on the factors, which are affecting the operational activities. This will help the
companies to develop some crucial strategies that can lead them towards immense
profitability. The analysis of the porter’s five forces is thus ensuring the identified
competition coming from the retail giants like Sainsbury, ASDA, Tesco, and Marks and
Spencer. In addition to this, it can also be implied that the company requires maintaining a
stable customer relationship to make these effective strategies work and obtain more benefits.
Communication, notably, is the key to business success since it create the clear link between
the organization and the customers. It has been identified that while developing the efficient
customer interaction, the company needs to be focused on the demands and the preferences.