Business Strategy

Business Strategy
(Task 1)

Table of Content
 Introduction
 Mission, vision, objectives, goals and competencies
 Factors while formulating strategic plans
 Effectiveness of techniques used in developing strategic
business plans
 Conclusion
 References

Introduction
Business strategy is significant component of an organisation
which aid company in accomplishing goals and objectives. This
is a very complex process, where, there is no guarantee of
achievement through implementation of strategy. Performances
and practices of a company entirely depend upon external and
internal factors. Business strategy is essential in order to keep
maintain the reputation of brand in market.

Mission, vision, objectives, goals
and competencies
Mission
Tesco mission is building value for the consumer for earning
creditability and creating potential buyer.
Vision
To serve communities and customers high and value added
quality in which they function.