logo

Business Strategy for Oak Cash and Carry Limited

   

Added on  2023-06-14

13 Pages4224 Words318 Views
Business DevelopmentLeadership ManagementData Science and Big Data
 | 
 | 
 | 
UNIT 32 Business Strategy
Business Strategy for Oak Cash and Carry Limited_1

Table of Contents
INTRODUCTION...........................................................................................................................3
SECTION 1.....................................................................................................................................3
Overview of organisation............................................................................................................3
Examination of critical factors.....................................................................................................4
Organizational strategic capabilities............................................................................................6
Competitive forces.......................................................................................................................7
SECTION-2.....................................................................................................................................8
Strategic directions available to the organisation........................................................................8
Recommendation.......................................................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES................................................................................................................................1
Business Strategy for Oak Cash and Carry Limited_2

INTRODUCTION
Business strategy is regarded to be an entity that is formulated in an organisation in order to
move ahead with the components of the organisational upliftment. There are several key
elements that are highlighted and are involved in a business that will act as key drivers for
implementing successful business orientation. One might seriously not be able to deal with the
extravagance of management unless and until the field of our business is completely understood
and is oriented in a strategic formulation (Grover and et.al, 2018). There are different sources
that are inculcated in this regard along with the planning and harnessing efficiency that can help
a strategic decision to get implemented. To accomplish business goals as well as to secure a
competitive platform over which the organisation will have to move ahead the management will
have to derive a strategic orientation that will help the organisation to stand in the midst of
executing a business strategy. This entire report will deal with the processes of strategic
management as well as an orientation towards the competencies of an organisation. The internal
as well as the external factors are discussed along with the justification towards the growth that is
associated. The organisation that is chosen in this regard is Oak Cash and Carry Limited. This
organisation is a small-scale business that is operating in United Kingdom and it is also one of
the active company which is into wholesale. It is known to be one of the businesses that is
dealing with the non-financial asset policy and it is also moving ahead in terms of strategic
approach that has helped it to deal with the extra weight and choices.
SECTION 1
Overview of organisation
The organisation that is chosen in this regard is Oak Cash and Carry Limited. This is one of the
wholesale retail assets is operating and United Kingdom and it is also one of the best out of all
types which is moving ahead with a probable strategy and an appropriate orientation. The
organisation is a small-scale industry that is the operating in the country with a competency to
derive the base and to work over a long term. The mission of the organisation is to provide
reliable products upon customer satisfaction with the cost-effective measures that are being
there. With a vision that is to grow more in terms of the capital investment and also to derive
profits the organisation is moving ahead with an objective of hard work and determination by
supplying the needs of people. The objective of the organisation is to capture the market
principles and also to provide the right set of goods to the country with respect to the food and
Business Strategy for Oak Cash and Carry Limited_3

beverages. Since food and beverages are one of the most appropriate out of all types and people
or more profound towards the measures of these products therefore it is always essential to deal
with the required objectives of highlighting the prominence of the customers. Since it is a
wholesaler, it brings about the product at a reliable rate and that will have to be justified
accordingly.
Examination of critical factors
Pestel Analysis
Pestle analysis is one of the strategic tool that will help to analyse the external factors that are
operating in the midst of organisation. There are several critical factors that are formulated in
terms of bringing about a strategic orientation towards the external factors with the help of pestel
analysis (Carson and et.al, 2018). The Pestel analysis with respect to the organisation oak cash
and carry limited is as follows:
Political factors: political parties are those that are derived by the regulations which are obtained
by the government as well as the rules and the properties that are to be followed with respect to
operating in a country. The one that is being faced by the organisation in this regard is that the
change in government policies as well as the taxation policies that are falling in regard to
organisational upliftment. Since the organisation is dealing with the wholesale products and
therefore the government regulations in this regard would eventually deal with over which the
organisation will have to survive in the midst of taxation policies. Since taxation is one of the
biggest elements that will have to be dealt while dealing in a country and therefore this is one of
the impact that the small scale company is eventually making sure about.
Economic factors: the economic factors in this regard would revolve around the economic
decisions that are falling in regard to the country. There is a slow economic growth rate with
respect to the organisation in terms of the derivable entities in the country. There is a exchange
and interest rate cut is put forth with respect to deal with the rate fluctuations that is the to make
sure that the products are accurate and are anticipated towards dealing with the consequences of
performance. This will also bring forth a demand that is oriented with the probability of labour
and the workforce that is in the organisation (Oehlhorn and et.al, 2020).
Social factors: the social factors that are being dealt by the organisation are the varied
perspectives of customers. Since the business is dealing with the wholesale products that are into
food and beverages and therefore it is necessary that people will have to have a mind set to
Business Strategy for Oak Cash and Carry Limited_4

End of preview

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

Related Documents
International Business: Overview, Rationale, Obstacles, and Implementation Approach
|11
|3675
|341

Growth Opportunities, Ansoff's Growth Matrix, Funding Sources, Exit Strategies, and Business Plan for Desklib
|11
|3256
|442

Managing Small and Medium Enterprises
|17
|4447
|100

Planning for Growth: Evaluating Progress Opportunities and Business Plan Development
|19
|5173
|95

Business Strategy for Bain and Company: PESTEL Analysis, SWOT Analysis, Porter's Five Forces, Competitive Advantage, and Organisational Tactics
|13
|4227
|216

Strategic Orientation of Business: Analysis of Bain and Company
|13
|4482
|90