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Strategic Plan Report for Business Strategy (Unit 32)

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Added on  2023-02-06

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This document is a Strategic Plan Report for the Business Strategy (Unit 32) assignment. It includes an introduction, analysis of the macro and internal environment, evaluation of market sector competition, and strategic planning for the company. The report provides insights into the impact of the macro environment on the company's strategy and examines the company's internal capabilities using relevant frameworks. It also discusses the opportunities and threats faced by the company in the market and suggests strategic options for remaining competitive. The document is suitable for students studying BTEC Higher National Diploma (HND) in Business (RQF) and specifically for Unit 32 - Business Strategy.

Strategic Plan Report for Business Strategy (Unit 32)

   Added on 2023-02-06

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Programme BTEC Higher National Diploma (HND) in Business (RQF)
Unit Title and Number: Business Strategy (Unit 32)
Assignment title Strategic Plan Report
Unit RQF level/Code
5/
(K/508/0574) Module Tutor
Name /Email
Olajide Joshua
Credit Value 15
Assignment Brief
Code
(J-A 2022) RQFBMBS320205-
V6
Cohort Name
Apr 2020A +Sep 2020A
Jan 2021A & Jan 2021B Assignment Date
Set
04/01/2022
Student’s Name
Claudia Capalnas
Student’s
Registration
Number
25721
Submission Date
06.03.2022
Distribution Date
Is this a first submission
yes
Is this a referral
submission
no
Word Count
3193
Learner’s statement of authenticity
I certify that the work submitted for this assignment is my own. Where the work of others has been used to
support my work then credit has been acknowledged. I have identified and acknowledged all sources used
in this assignment and have referenced according to the Harvard referencing system. I have read and
understood the Plagiarism and Collusion section provided with the assignment brief and understood the
consequences of plagiarising.
Student’s Signature
Claudia
Date 06.03.2022
1
Name: Claudia Capalnas
Student ID: 25721
Date: 06.03.2022
(J-A 2022) RQFBMBS320205-V6
Strategic Plan Report for Business Strategy (Unit 32)_1
Feedback
The Executive summary is missing
The introduction needs to include
- the purpose of the report
- the scenario of the report
- a brief background information on your selected organisation for the report
- the scope of the report.
Macro-environment:
THE ATTEMPT NEEDS IMPROVEMENT.
Need to properly apply PESTLE framework to analyse the opportunities and threats
opened to your chosen organisation. The attempt made here is too superficial as it
not clearly addressing the task. Also, the Stakeholders' analysis framework included in
the section is not required.
Internal environment:
IMPROVEMENT REQUIRED
In assessing the internal environment, the VRIO frameworks seem to have been
used but has not properly examined how organisation’s resources and
capabilities can be used to gain competitive advantage.
Microenvironment
LO3 NEEDS AN IMPROVEMENT
The attempt made to apply the Porters's five forces to explore the
opportunities and threats confronted by your organisation in the industry where it
evolves is not sufficient. You need to properly apply the Porter's Five Forces
model to identify the level of influence created by each of the
competitive forces. You can further summarise the above positive and adverse
internal and external factors using SWOT/TOWS model.
Strategic Planning
LO4 NEEDS AN IMPROVEMENT
In deciding the strategic options and direction your organisation can engage to remain
competitive in the future, you need to develop a strategic planning process by
PROPERLY using a range of theories. In doing so, you need to
interpret and devise strategic planning for your organisation. You can revert to
the lecture lesson notes/slides to address this part.
FOR THIS WORK TO PASS YOU NEED TO IMPROVE THE ASPECTS OF LO1, LO2,
LO3 AND LO4 INDICATED WITH BOLD WRITING ABOVE
2
Name: Claudia Capalnas
Student ID: 25721
Date: 06.03.2022
(J-A 2022) RQFBMBS320205-V6
Strategic Plan Report for Business Strategy (Unit 32)_2
Further areas to improve before the final submission:
- The originality score must not be more than 15% in the final submission
- Need to cite all terms, concepts, theories and definitions and include the sources in the
full reference list
-Need to be mindful of the grammar, spellings and punctuations. The use of spelling
checks tool and proof reading may resolve the issues
3
Name: Claudia Capalnas
Student ID: 25721
Date: 06.03.2022
(J-A 2022) RQFBMBS320205-V6
Strategic Plan Report for Business Strategy (Unit 32)_3
Table of Contents
Introduction......................................................................................................................................3
Using proper frameworks to examine the macro environment's effect and impact on the company
and its strategy.................................................................................................................................4
Examining the company's internal atmosphere and capabilities with the use of relevant
frameworks......................................................................................................................................7
Evaluating Market Sector Competition by Using Porter's Five Forces Framework for the
Company..........................................................................................................................................9
Using a Variety of Ideas, Theories, and Methods to Analyse and Develop Strategic Planning for
the Company..................................................................................................................................11
Conclusion.....................................................................................................................................14
Reference list.................................................................................................................................15
4
Name: Claudia Capalnas
Student ID: 25721
Date: 06.03.2022
(J-A 2022) RQFBMBS320205-V6
Strategic Plan Report for Business Strategy (Unit 32)_4

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