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Reflective Analysis of Internal Business Environment

   

Added on  2023-01-16

8 Pages2574 Words92 Views
Business Development
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REFLECTIVE ANALYSIS
OF THE INTERNAL
BUSINESS ENVIRONMENT
Reflective Analysis of Internal Business Environment_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Value chain Analysis...................................................................................................................3
ASDA...........................................................................................................................................4
Internal environment....................................................................................................................5
Reflection.....................................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................9
Reflective Analysis of Internal Business Environment_2

INTRODUCTION
Business environment reflect the internal and external working of the business which
helps in undertaking various strategies to retain the position in market. Present report is based
upon the ASDA Ltd trading company which is the largest supermarket retailer in UK. The
company was founded in 1949, with customer services. This report will cover the concept of
value chain analysis which is help to analysis the internal business environment. This will also
include the internal working of the company in relation to achieving goals. At the end of report
will highlight the reflective analysis in respect of applying the value chain analysis model in
undertaking the aspects of ASDA.
MAIN BODY
Value chain Analysis
Value Chain Analysis is the business management concept which is the collection of the
different activity that are performed in the organization with the sole motive of creating a good
value for the customer of the organization. Value creation is the process which used to add the
value to the organization product which help them in getting the competitive advantages in the
market (Value Chain analysis, 2016).
Porter's Value chain analysis is one of the most popular value chain analysed which was
developed by Michael Porters in his book “Competitive Advantages” in the year 1985. Porter's
Value chain analysis used to focus customer as the central principle which used to drive the
value creation as compare to the other value creation model which used to look at the department
and accounting as a principle factor (Shukla, Mishra and Singh, 2017). Porter's Value chain
analysis is consists of a number of the activity in the organization that is primary and secondary
activity. Some activity of the porters Value chain analysis are as follows:
Primary Activity
Inbound Logistics: This activity is the activity which look at the receiving, warehousing
and inventory control of the raw material in the organization for the purpose of developing the
product with the help of the same to be offered to the customer.
Production: Production is the activity in which the raw material which are procured in
the inbound logistic are given a shape of the semi finished or the finished product (Howieson,
Lawley and Hastings, 2016).
Outbound Logistic: These activities of the business looks at the network or the
Reflective Analysis of Internal Business Environment_3

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