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Business Strategy

   

Added on  2023-01-17

20 Pages5470 Words20 Views
Business Strategy

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
P1 Apply appropriate frameworks to analyse the macro environment for a given organisation 1
TASK 2............................................................................................................................................4
P2 Using appropriate frameworks analyse the internal environment and capabilities of a given
organisation............................................................................................................................4
TASK 3............................................................................................................................................7
P3 Apply Porter’s five forces model and to evaluate the competitive forces of a given market
sector for an organization.......................................................................................................7
TASK 4............................................................................................................................................9
P4 Apply a range of theories, concepts and models, interpret and devise strategic planning for
a given organisation................................................................................................................9
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Business strategy is regarded as the set of competitive actions as well as moves which a
entities utilises for attracting clients, enhancing performance, compete successfully as well as
attaining the objectives of firm. Moreover, this represents that how enterprises have to be
performed for reaching out the expected targets (Bharadwaj and et. al., 2013). This is essential
for organisation as it is helpful to develop vision as well as guidance for overall entities. As per
the scenario, the undertaken company for this report is Tesla which is large automotive as well as
energy firm. It is specialises in manufacturing and selling electric cars and also operates in many
countries like U.S., U.K and others. This report covers the application of effective framework to
examine external as well as internal atmosphere and application of porter's five forces model to
assess competitive forces. Moreover, utilisation of range of theories, concepts and model for
devising a strategic planning is also mentioned in this report.
TASK 1
P1 Apply appropriate frameworks to analyse the macro environment for a given organisation
Macro environment is regarded as the situation which exists into economy as whole
instead of into specific region or industry. This involves trends into GDP, employment, fiscal
policy, inflation and many others.
The mission, vision and objectives of TESLA Vision: Its vision is “To produce electric vehicles which are not costly and are of standard
quality as well as also produce most captive cars for 21st century through performing the
world transformation to vehicles which are electric. Mission: Its mission “ To speed up world transform to ongoing energy”.
Objectives: Its objectives is “ To develop sport cars which are of standard quality as well
as effectual design with zero emission”.
This vital for entities to perform effective analysis external factors in order to formulate
appropriate decision as per the firm's and country circumstances. By this, it can become
competent to obtain competitive edge at market area through performing efficacious operation of
entities. For instance, organisation can adapt many techniques like PESTLE. In respect of
respective organisation, their manager perform external evaluation by PESTLE for ascertaining
UK market area are discussed underneath:
1

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