logo

Business Strategy Strategic Planning

   

Added on  2020-10-04

16 Pages4667 Words254 Views
Business StrategyUniversity BUSINESS STRATEGYStudent’s name: Professors’ name:

Business StrategyTable of ContentsTask 1.........................................................................................................................................3AC 1.1 Assess how business missions, visions, objectives, goals & core competenciesinform strategic planning...........................................................................................................3AC 1.2 Analyse the factors that have to be considered when formulating strategic plan:......4AC 1.3 Evaluate the effectiveness of techniques used when developing strategic businessplans...........................................................................................................................................5Task 2.........................................................................................................................................5AC 2.1 Analyze the strategic positioning of VW AG by carrying out an organizational audit....................................................................................................................................................5AC 2.2 Carry out an environment audit for VW AG...............................................................7AC 2.3 Assess the significance of stakeholder analysis when formulating new strategy forVW AG......................................................................................................................................8AC 2.4 Present a new strategy for VW AG:..........................................................................10AC 3.1 Analyze the appropriateness of alternative strategies relating to market entry,substantive growth, limited growth or retrenchment for VW AG...........................................10AC 3.2 Justify the selection of a strategy for VW AG...........................................................11AC 4.1 Assess the roles & responsibilities of personnel at VW AG who are charged withstrategy implementation...........................................................................................................11AC 4.2 Analyse the estimated resource requirements for implementing a new strategy forVW AG....................................................................................................................................12AC 4.3 Evaluate the contribution of SMART targets to the achievement of strategyimplementation in VW AG......................................................................................................13Reference list:...........................................................................................................................15Page 1 of 17

Business StrategyTask 1AC 1.1 Assess how business missions, visions, objectives, goals & corecompetencies inform strategic planning The proper business strategy help for the further development and growth of the companyand create the appropriate market for the entire thing. While a business strategy can developthe strong background for the company on the other hand the absence of it can be failedapproach for this. Dragon’s Den BBC has created their own business mission, vision,objectives and goals so that they can able to work to the core competencies.Vision: i) Capture and work with the international brand so that it makes a strong step to the nationaland international market.ii) A progressive hold to the market for the internal and external specification of the companyMissions: i) Some of the new capability get introduced so that they can connect to the other brands inthe market and able to face a progressive state.ii) Working on the classic pitches for more developmentiii) Airing to the international assessment and contribute to the globe iv) Proper venture for the capitalists who wants to invest their money to the company andcreate the particular exchange can work for equity iv) Giving total security over the insurance and investment policy to the other companiesfetch successful business state. Goals: i) Create a good institution for assessing more business and generate the active site for theother business to adjoin ii) Forward the appropriate rules and regulations so that the commentary purpose canmaintained and progress for something more that can bring goals furthermoreiii) Basic business shapes and their presentation get created iv) All the subjective important thigs will be introduced to the business and adjust for thefurther progression of things such as business name, their productivity level, company’s netprofit and their investment purposes all need to reveal to the Dragon’s Den BBC.Core competencies: Page 2 of 17

Business Strategyi) From the initial pitch the company take all the information so that the valid understandingand acknowledgement get maintained and generate a necessary business progression.ii) No interruption for the initial pitch can assess for the great strategic phrase for thecompany and they are working more on that state so that their business can able to exceedsiii) The potential broadcasting of things discuss for better assessment of things and theoutside investors get to face the proper environment for the negotiation of any deal within thebusiness process. AC 1.2 Analyse the factors that have to be considered when formulatingstrategic plan:Strategic formation for the business is one of the most effective and efficient purpose thatcreate the business successful and work for the betterment of the business in a structural way.The overall competitive strategy of the business create a proper positive background for theaccess for the relative position for the business (Pigosso et al. 2013). The strategic formationgenerate the company’s internal and external growth and development process other than thatit helps to scrutinize the weakness of the business. There most important things work for thecompany strategy those are the industry itself like how it is planning for further things, theirmarket competition incorporate existing and progressive one and most importantlyculminating strengths and weakness. Developing the strategic plan for the company includethe basic understanding of-i) Looking forward to the industry dynamics and several implications of the same so that theycan able to compete with the other businesses and Dragon’s Den BBC is creating their ownstrategies for the development scope in the market. ii) The industry dynamics are the important part for the company and while competing withthe other marketers the company is taking care of the several other risks facts about theinvestors market.iii) The competitive strengths and weakness of the company need to judge and assess for thegrowth and development fact so that they can create their strategic point and put emphasis tothe competitive landscape for the entire business development.iv) Considering various risk factors in the market it is essential that the company can generateperfection by creating alternative strategies and consider them for the high value market v) The strategic articulation needs to present there so that the company can pursue one strongstrategy over timePage 3 of 17

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Business Strategy Plan Assignment Sample
|16
|5049
|33

Business Strategy Assignment | Volkswagen
|15
|4387
|149

Business Strategy of Volkswagen
|18
|4753
|129

Business Strategy Essay of VW AG
|20
|4930
|30

Business Strategy TABLE OF CONTENTS INTRODUCTION 3 AC 1.1 Cocofina and the business strategy
|13
|4140
|195

Strategic Planning for VW AG Task 3 93.1 Analysis of VW AG 8 Task 3 93.1 Analysis of VW AG 8 Task 3 93.1 Analysis of VW AG 8 Task 3 93.1 Analysis of VW AG 8 Task 3 93.1 Analysis of VW AG 8 Task 3 93.1
|13
|3837
|463