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Business Strategy: Importance and Implication on Company Success

Assessment on understanding the process of strategic planning and formulating a new strategy for a given organization.

14 Pages941 Words59 Views
   

Added on  2023-03-29

About This Document

This presentation focuses on the importance of business strategy within Hungary House, a UK-based food service provider. It discusses the company's vision, mission, and objectives, as well as the components that influence the formulation of its strategic plan. The presentation also explores various techniques for developing a strategic plan and the environmental factors that can affect it. References are provided for further reading.

Business Strategy: Importance and Implication on Company Success

Assessment on understanding the process of strategic planning and formulating a new strategy for a given organization.

   Added on 2023-03-29

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Business Strategy
TASK 1
Business Strategy: Importance and Implication on Company Success_1
INTRODUCTION
The present project report is
based on the Hungary house
which is a UK based food
service provider under the
Dragon Den list. The major
objective of this assignment
is to understand the
significance of the business
strategy within the cited
venture and its implication
upon company success and
profitability.
Business Strategy: Importance and Implication on Company Success_2
Organisation vision, mission, goal, core
competencies
Hungary House company is the UK based platform which
provides the food and accommodation facilities to its
customer. Basically it is the online food store which deliver
the food facilities to its customer by online way. It allows the
user to search for the restaurant and browse local takeaway
menus before placing an order online. The major objective of
this company is to meet the customer expectation about the
food services and deliver food product at the time period. It
wanted to earn the extreme profitability and market share
within the market and become number one online food service
provider in the UK market.
Business Strategy: Importance and Implication on Company Success_3
Conti...
Company Mission- Hungary house
company have major mission is to
deliver the high quality and effective
food services to the customer in the
UK market. In addition to this, it
wanted to become the number one
online food service provider in the
UK.
Objectives- Company have objective
is to gain the highest profitability and
market share in the food sector and
attract the large numbers of customer
toward the food services.
Business Strategy: Importance and Implication on Company Success_4

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