COVER CONTENT •Introduction •Business mission, objectives and goals •Factors for strategic planning •Techniques for business plan s
INTRODUCTION Business strategy is very significant for an enterprise as it is very helpful in achievingparticularobjectivesand goals.Itdefinestheprocessfor achievinggoalsandwithoutthe properbusinessstrategyitwillbe very hard to compete in market with the competitors.
MISSIONOFVWAG “Tobuildlongtermrelationwith customersandtogivesupportin thecreationofrightchoice regardingneedsofbusiness,by minimizing cost and giving standard service to customers.”
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VISIONOFVWAG “To focus on the brand positioning and to be globalenvironmentalandeconomicleader between auto-mobile manufacturers.”
OBJECTIVESANDGOALSOFVW AG To be at leading position Highest sellers Excellent employer
CORECOMPETENCIES Corecompetenciesaregenerallyusedfor gainingcompetitiveadvantageinamarket. Companymustcatervariousstrategiesso that they will be more effective in comparison to their competitors.
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STRATEGICPLANNING Strategicplanningis termedastheway with the support of which an enterprise candefineseveral strategiesandcan alsomake necessary decisions.
FACTORSFORSTRATEGIC PLANNING Industry Competitors Strengths and Weakness
TECHNIQUESFORBUSINESS PLANS BCG Matrix
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CONCLUSION From the above presented report, it can be analysedthateffectiveimplementationof the strategy is dependent on the analysis of external environment. The major strategic objectives of VW AG is to be on the top and leading position in a world as global leader in economic and environmental terms
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