Strategic Management: Types of Strategies, Competitive Drivers, and Internal Analysis Tools

STRATEGIC
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1 ...........................................................................................................................................4
Different types of strategies used in schools..........................................................................4
TASK 2 ...........................................................................................................................................5
Implication of models for taking competitive advantages along with some competitive drivers
................................................................................................................................................5
TASK 3............................................................................................................................................7
Some tools for analysing internal factors...............................................................................7
Task 4...............................................................................................................................................9
Strategic models of the company.........................................................................................9
Differentiation leadership.....................................................................................................11
Task 5.............................................................................................................................................12
Discuss Interrelationship between the HR, operational and financial and also provides the
strategic model .....................................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................15

INTRODUCTION
The alf mizzi and sons ltd is the marketing company and is working form the 1915.
Company is achieving the growth from the help of the strong brands and the effective
management of the company. It is also building the wide range of the networks through the
partnership business. The company is operating in the field of the sales and the distribution and
also in the food sector as well. The report includes the strategies which are used by the company
in the last five years. Company is using the relevant models and concepts for the fighting the
competition in the market. Internal analysis tools are helping the company to work in the
effective manner (Park 2017). The report includes the company competitive position in the
market and the implications of the strategy used by the company. These all the points are
discussed in the report.
TASK 1
Different types of strategies used in schools
Strategy is the action in which the direction of the set of an organization and the several
elements which would achieve the desired state of the company in the future. Strategy is the
systematic phenomena which involves the action plans and the common theme which would run
in the company. The nature of the strategy important because it would include the marketing,
finance and the human resource operations. It is influential and the multidimensional as well. It
is following the hierarchy and the corporate strategy in the top of the management as well.
Strategies are divided into the three types which are commonly known as the corporate
strategies, business level strategies and the functional strategies.
Strategies at business level include the three types of the cost leadership strategy and the
differentiation strategy. It also includes the focus level strategy which include the cost
leadership. Cost leadership is the business must maintain the products price and the services by
which company can attract wider range of customers towards buying their services and products.
In the differentiation strategy it includes the companies which are having the differentiation of
the product and the unique features of the products which would attract the customers towards
the company. Focus level strategy is focusing on the cost leadership and the differentiation
strategy which include the focus on the strategies which are working efficiently.
Through the help of the functional level strategies the actions and the goals of the
company are satisfied and the department of the company are working effectively. So the

functional level strategy is focusing on the human resource management decisions and the
marketing of the products as well. Production of the product is also managed and functioned by
the functional level strategy. The products which are to be rejected are rejected and the quality
products are supplied to the customers. The company is running because of the departments
which are preforming their functions in the effective manner.
Corporate level strategies are guiding the employees and the company in increasing their
productivity and improve overall performance in the market. It will affect the decision-making in
the every department and every part of the organization. It would focus on the use of the
resources and the results which are gained by the company by working effectively. The corporate
level strategies are working and the strategy is focusing on the business and the effective
measures for how to increase the business through these strategies (Floreddu and Cabiddu 2016).
TASK 2
Implication of models for taking competitive advantages along with some competitive drivers
Competitive drivers are the drivers which are increasing the competition and the
companies are affected due tot the geographical markets. The companies are using the strategies
for overcoming the competitive market. The competitive position of the company is analysed by
the attracting the customers and the gaining the market share of the customers in the market. Duo
to the competitive position of the company is not able to attract the customers. The customers in
the market are changing the preferences and the attracted toward the company which is offering
the quality product in the low price (Olatunji, and et.al., 2019).
Technology
There are several companies who are making an effective use of advanced technology as
it is increasing rapidly. The company needs to improvise the product according to the customers.
The new entries in the market are brought up the products with the new innovations and the with
the low price so the customers are attracted towards the new and innovative products. Customers
are adopting the latest technology in their daily life and the customers are willingly accepting the
new technologies which are brought up in the world. Technology is increasing because the
company is selling the products through the online mobile application and the through the help
of the websites as well. The companies are also entering the market and the company would not
run in the effective way which would improve the position of the company. The companies are
also exporting the products and improving the products form the countries which is also