Sustaining the magic at Bang & Olufsen (Group Presentation Set 2)
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Added on  2023/01/19
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This presentation discusses strategic solutions for Tesco, Aston Martin, and British American Tobacco. It covers the challenges faced by these companies and the strategies implemented to overcome them.
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Sustaining the magic at Bang & Olufsen (Group Presentation Set 2)
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Table Of Content •Strategic Solution •Tesco strategic Problem •Solution •Aston Marting Strategic problem •Solution •British american Tobacco strategic problem •Solution
TESCO DPP related with the Tesco from last 40 years which has seen the business deliver a appreciable number of new food store and expansion store across UK and Ireland. The position of the Tesco in the UK market as leading retailing store that focus on the geographic segment people to provide their services. The company face high competition in the UK market due to increase chain of other super store such as Sainsbury, Waitrose etc. Due to increase of the competition people arrive to other store as a result decrease the profit of the company in continuous manner
Strategic Solution To sort the particular problem apply the cost leadership strategy to increase the performance and deduct the production cost below the industry average or their closet competitors. Along with apply market penetration strategy that help to focus on the target market according to that provide services to the existing customers.
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Aston Martin Aston Martin is a manufacturing company of the auto mobile sect and established in the UK. This company manufacturer of luxury and sports cars for the people. It is a The portfolio of the Aston Martin wants to continue enlarge with the bespoke customer creation along with the exploration design of the projects. The Auto mobile sector increase day by day that impact on the market position of the Aston Martin and continue increase high level competition in the market. It compete with the BMW, Audi etc.
Strategic Solution To sort out the problem of high competition required to apply the generic as well as corporate strategy. The company apply focus strategy to concentrate on the different types of strategies that supports to gain advantages in the market and compete with the other competitors. It develop uniquely low cost or well specified products for the market. Along with also apply the diversification strategy to enter new market withthenewproductthatsupportstocompetewiththeother competitors effectively.
British American Tobacco In present time the portfolio of cigarette brands is complemented due to increase the rage of the potentially deduct risk products where consist of heating products along with Vapour products. British American Tobacco is second largest cigarette maker in the world. It has leading position in the market in over 50 countries in around 180 countries. The company have many competitors that impact on the performance such asScandinavianTobaccogroup,Philipmorrisinternationetc.In present time company face the lower market share problem due to increase awareness among the people regrading to cigarette
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Strategic Solution To cover the large market in the over all countries required to effective strategies that supports to organisation such as Differentiation strategy to develop products as well as services different from other companies. It work to attract customer as compare the competitors. Along with apply the market development strategy which is also known as growth strategy and develop new market segment for the existing products. It impact in position manner on the position of the company.
Conclusion After analysis the different types of companies identify the strategic problem that sort out with the help of corporate and generic strategy. These strategies applied by the organisation into different types of situation of the company.