Contents INTRODUCTION...........................................................................................................................3 MAIN BODY...................................................................................................................................3 Task 1...............................................................................................................................................3 P1.ApplyingappropriateframeworkanalysetohavingimpactinfluenceofMarco environmental of given organisation strategies......................................................................3 Task 2...............................................................................................................................................5 P2. Analyse the internal environment and capabilities of given organisation using appropriate framework...............................................................................................................................5 Task 3...............................................................................................................................................8 P3.ByusingPorterfiveelaboratethebusinessstrategicformulationtoevaluatethe competitive forces in the market in the context of organisation............................................8 Task 4...............................................................................................................................................9 P4. Applying a range of theories, concept and model interpret and devise strategic planning of given organisation..................................................................................................................9 CONCLUSION................................................................................................................................1 REFERENCES................................................................................................................................2
INTRODUCTION The term Business Strategy is refers about the planning, creation of creativity in felid of management,thisconceptistendtodepictsabouttoinvolvestheformulationand implementation the major objective accomplish to better initiates by an organisation’s which enhance systematic assessment of the internal and external for scrutinize environmental in organisation perspective. As to enhancing better service, the company is consideration of Uber Technology incorporate as it commonly used by Uber technology is general motor where it offers vehicles towards food delivery within having packages freight transportation and through a partnership and they provide rental service of delivering cars and scooters (Abugre and Anlesinya, 2020). The company is based on San Francisco and has operates in 900 metropolitan areas worldwide. It ahs one of largest provider in gig economy sell driving cars (Ansoff and et. al, 2019. In this report the topic are going to covers the external environmental to given strategies. Internal environmental that enhance to better capabilities of given organisation, Porter five forces model for better evaluate to competitive advantages and different theories model applies in strategic planning for selected organisation. MAIN BODY. Task 1. P1. Applying appropriate framework analyse to having impact influence of Marco environmental of given organisation strategies. Macro environment: It is the type of business external factor that helps to identify better functioning. The company establish to estimated company. As it helps to measure overall external eniornemnat information in terms of scope and range of business related can expand in better way. It comprise of efficient tool which help to identified outside factor from Pestle Analysis. Pestle Analysis:This framework support to scanning towards external environment for better retrenchment of measuring challenges and opportunities in business related activities in form of political, social, technological, economical, environmental and technological (Baumgartne and Mangematin., 2019). As in following below Uber company is adopt for
Pestle Assessment for their long term growth in United Kingdom region. As Uber wants to establish their business or service in UK sector for better development. Political: This factor is comprising about norms, rules and regulation which is enhanced by corporate guidance that regulated by government of specific country. As United Kingdom political condition is quite stable, the company Uber can attain many benefits from political factorsuch foreign trade policy, corporatetaxation, fiscal policy that helpsto increase business in corporate world. For Uber company there negative impact of Brexit Market which not allow to trade business in European country which can reduce the growth in productivity. Economical:According to this factor it reflects the performance of economic about specific country where their supply and demand, productivity rate, employment rate and optimum usage of resources availability in comes under takes GDP rate. In United Kingdom the situation of economic criteria is far better, as the value of pounds currency is much productive (Clemons and et. al, 2019). Uber company can easily attain their product and services in effective manner, but there is uncertainty of recession, inflation and economic downfall which can happen in certain way. Apart from it, Brexit market is prevails huge barriers some how they would attain competitive advantages. Social:In this macro factor it facilitates internal as well as externalinformation related with demographic and geological aspects where company can determines their target people through age, gender (Cosenz and Noto., 2018). Caste and taste preferences which enables to highlight better product and service deliverables in effective manner. As per scenario of Uber company they can approach their service in all over United Kingdom region through geological factor is because Uber is mainly provide transportation service. Technological:It is mainly comprise about the availability of resources and enhance effective research and development from perspective of company. As per situation of Uber company they mainly deliverablestransportation services, through which they require better technology to accomplish the targets. The factor of artificial intelligence is widerscopeinUnitedKingdomwheretheyinvolveshighproficientresources involvement effective manner.
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Environment:Throughthisfactormultinationalcompaniesusedtocontribute betterment towards for society where companies get ti attain tehri brand value and positive awareness in societal factor.As Uber company team member ensures that they would getapproach CNG gas to use as fuel and reduces the amount of petrol which better enhance contribution towards environment background. Legal:In this factor is consideration where governmental policies in term of impact of performances of company which is similar as in international brand of companies where Uber company need faces many barriersthrough policies that can effectively use by company by implement which mainly prescribed bettercomplianceoriented rules such as Employment laws, minimum wages. Task 2. P2. Analyse the internal environment and capabilities of given organisation using appropriate framework. Internal Environment:It defines about the set of culture members, events and factor within an organisation that has the ability to effective influence the decision making towards organisation and specify the behaviour and attributes from human resources department. As for assessing internal environment about framework of Benchmarking and VIRO model analysis of Uber company perspective: Benchmarking: This is trait of process which is measuring the performance of company related product service which regulates through process of business consideration to the best in the industry. The purpose of benchmarking to better identify internal opportunities for effective improvement. To enhance a necessity of study about superior performances as it enhance possible. It involves the process which reflects about product and service of benchmarking are: Planning: In this step of benchmarking, where it helps to focus on quality of project or study data which is opted for organisation success material (Cusuman., Gawer. and Yoffie., 2019). To setting criteria where uber marketing team expects from employees and other co-workers that they enhance a better relationship to better establishment. Collect: by collecting data related information in qualitative and quantitative manner that reflects numeric data and effective trait of questionnaire within face to face interview. Uber can conduct research where they can ask certain question from people about heir
services, through this practice it provide a certain idea to enhance better business operation presumes. Analyse: Through developing goals by collecting data in numeric and theoretical format which commence a better understand within partners. By determines the difference in practises that cause the gaps. Adapt: To making develop goals your organisation goals with systematic procedure, on the basis of that Uber company can structure their plan to better accomplish those goals and interpret within monitor the plan effectively. Consideration: By analysing the overall structure there is full accomplish of better benefits benchmarking to enhance better study by control. Two types of Benchmarking: Technical Benchmarking:Through this type of benchmarking it depicts about staffs that better determine the capabilities towards product and services, on specifically by comparison between product and services towards leading competitors (Habib and Hasan., 2019).In context of Uber company they need to measure their service quality and compare with other transportation service where they would get effective issues of solution. Competitive Benchmarking:It enhance for pursuing to major compare within an organisation that efficient leading competition. As within the respect to critically measureessentialattributesthatenhancebetterfunctionorvaluewhichhighly associated on organisation product and service related. As Uber need to make their productandserviceineffectivequalityenhanceforbetterattainmenttodesign misguided and they can compete with other services and give tiff competition by raising highly benchmarking. VIRO Analysis: This is business type of analysis that predicts to form part of firm which is larger strategic scheme. The basis strategic vision of any company that effective continues through highly objectivesthroughbetterinternalandexternalanalysis,strategicchoiceswithinstrategic implementation.Valuable:When resources are valuable, it effectively provide certain benefits of organisation.Uberishavingvaluableresourceslikehumanresources,finance
departmentandproductionmanpowerareoneofimportantfactorforvaluable resources.Rare:This type of resource is mainly emphasis about uncommon by most of the organisationpresumes about which is precious and not easily available in other way (Hendy and et. al, 2020). The Uber is having their own production and service centre which provide unique hospitality service that not commence by other service centre company.Hard to imitate:The resources are hard to imitate where they are extremely expensive or high cost incurred which is nit acquire by others. A different source of resource is hard to recognize where they immediate on the basis of legal proceedings. Some of the resources are considerable to gain high competitive advantages where it consists valuable.Organised:This helps to identified the organised which capture to the value that supported to the long process of structure which emphasis the culture and norms of company (Lanzolla and Markides, 2020). Other aspect which is considered toward imitate within manpower, assigned job role and responsibilities and infrastructure. VIRO Analysis ResourcesValuableRarityInimitableOrganizedWhat is the result? Human Resource YesYesYesYesCompetitive Disadvantage InnovationYesNOYesYesPartially competitive Customer Loyalty YesYesNoYesTemporary competitive advantage Service QualityYesNOYesYesHigh Competitive
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advantage In above VIRO Analysis of Uber company it emphasis about four factor of major components in terms of Human resource, Innovation, Customer loyalty and Service Quality. Whereas, the proper systematically having valuable with rare aspect of human resource activities which is imitate and proper organised. The innovation is commence valuable but rare which enhance easy to acquire by others as well as effectively imitate and stable (Lombardi and et. al, 2019). As the customer loyalty is not imitate where it enhance a value with better organised. Service quality is provides is better form and it has rarity which overall organised in effective format. Task 3. P3. By using Porter five elaborate the business strategic formulation to evaluate the competitive forces in the market in the context of organisation. Porter five forces: It is a framework which enhance to provide information as per according to the market performance situation in term of product and services substitute, new player entry and nmber of buyer and suppliers are commence to industry rivalry in competitive market. Similarly, for Uber technology having porter forces assessment in which to mapped about company’s challenges and opportunities can faces by them in effective manner. Industry Rivalry: As Uber company is having presence in many countries where there is high competition of industry rivalry. The market is very intense structure where many other transportation service is involves in competitive market(Müller, Buliga. and Voigt., 2020). Uber wants to establish their venture in United kingdom there is high form of coemption arises as local cabs are still provide better service where Uber can be face clashes, not only that other service industry are Ola, Grab, Didi, Curb etc are much more influence the market with their presence. Threats of New Entrant: In this kind of structure business model of Uber is having high influence new entrant where it does not take any cost effective to build. According to this type of concept of business operates who presumes to work as per according to introduce new cars and get it registered and effective manpower work in flexible working hours. As
if any company is showsinterest to enter in this industry there would be less cost effective and barrier entry is having low segments. Many people are seeking and they found to other alternatives for better travelling in economic range. Threat of substitute: As per scenario of Online transportation services is now huge influence where many other substitutes are highly presence in the market with their effective services. It reflects high threat of substitute where there is better convenience in whichpricetoprovidecustomerwheremanyothercompaniesishavingdirect competition with uber (Pourali and et. al, 2019). In United Kingdom, or other countries in where Uber has establish their services there is local taxis which are most prominent service which people use to approach easily. These kind of barriers and substitute can reduce the growth of business growth. Bargaining power of suppliers: The influence of supplier of Uber company is moderate or low range as it dependent on the individual driver where their cars and other outsourced product provide better services which they can enhance to give better and effective supplier (West and et. al, 2018). Therefore these supplier are counted as high bargaining power of suppliers and there is risk for Uber company that if a case arise in negative factor then it will only impact on Uber’s brand and its performance in market. Bargaining Power of Buyers: The Buyer of Uber is not in permanent where it unless becomes a loyal towards the company because their service are propounded to provide with a reason behind it. As many other services and transportation company are having better presence in which people can approach the product and services as per their convenience (Riwanto and Andry, 2019). These scenario shows that there si high influence of bargaining through customer. As many customer are faces prices in Uber where they leaving and other disadvantages mainly compete on the basis of prices. Task 4. P4. Applying a range of theories, concept and model interpret and devise strategic planning of given organisation. Porter Generic Strategies: According to this strategic approach it emphasis about product and service in all industries where all organisation depicts sizes and scope. It mainly consider better cost leadership strategic and differentiation of desirable product to determine
effective focus. Similarly, porter generic strategic is explains on the basis of Uber company perspective. In following there is elaborates of four types of process towards Uber company: Cost leadership strategy: As in this strategic practise it mainly emphasis of better competitiveadvantagestodevelopingnewplanwhichenhancebettersalesand undertakes the competitors. By increasing market share price through changing of lower prices to enhance better reasonable product. By applying of this practise in Uber technologycan enhance better regulatory of reducing prices to increase the revenue purposes. The Differentiation Strategy: It mainly involves to forming products or services that predicts different from more other product which enhance to attract other competitors. Within the perception of customer thy usually compare product and services with other brand or competitors effectively (Savitri, 2018). As per perspective ofUber company which enhance to features and functionally ,durability check by clients and support to increase the brand image in competitive marketplace. The Focus Strategy:On the basis of focus strategies which mainly determine the niche market to better understanding of dynamic of low costs as well as specified towards product and services. The Uber company ensures that their service quality served within unique style and effectively build strong relationship with customer for long term purposes. This strategy is less attract to competitors. Interpretation: In above Porter Generic strategic towards Uber company, their marketing team must focus on cost leadership strategy where they need to compromise with their prices and increase their profitability in effective manner (Teece., 2018). As many other competitors and their substitutes product and services are prevails more competitions where it directly enhance better business expansion and it helps to gain high competitive advantages. Ansoff Matrix:It is process of strategic planning which is mainly planning technique that betterprovidesastructurewhichsupportstoexecutive,seniormanagersandinnovative marketers that enhance to devise strategies which implies better further growth. As in below there is analysis of Ansoff Matrix for Uber company that provides better understand of marketer and products in competitive marketplace.
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Market Penetration:It mainly refers to selling and existing product to existing market. As Uber company is basically approach market penetration via application of various sales promotions techniques. Uber services is enhance VIP member service in which they provide extra transportation service with limited cost incurred. Somehow, this services is only for special loyal customers who were stays of long term purposes. Product Development:This involves the process of selling new product in existing market. By effectively providing better transportation service where Uber were provides their service on hetch pack cars (Theoharakis, Bicakcioglu and Tanyeri., 2019). But now they came in new concept of servicing as now the allows SUV, primer cars, bike as they providedifferentalternativetocustomerpointofviewtoapproachaspertheir convenience. Market Development:According to this development strategy where marketer provides new product in new market for selling purpose. The company Uber has introduced their new venture in United Kingdom with better finding of product in San Francisco as well as it mainly operates 760 countries worldwide (Tuan , Thanh and Le Tuan, 2019). Through this global transportation company has it own vision to acquired more advanced technology which boosts up the business for new market development. Diversification: Through the involvement of practise that developing new product to sell towards new market (Varadarajan., 2018). It tends to be one of riskiest strategy as they launched taxi company where they entered their take away towards Uber eats segments. In above Ansoff Matrix analysation for uber company’s product and services scope for betterment aspect their marketing team need to focus onProduct Development.To intruding new type of services in reasonable price to decides on economic scale basis which helps to initiates better performance as well as the ability of gaining competitive advantages in better way (Visnjic., Neely and Jovanovic., 2018).
CONCLUSION ThroughexplanationofabovereportofbusinessstrategyindescribesofMacr environmental of Pestle, Swot, Porter five forces and Ansoff matrix analysations are concluding the market is fluctuates as per the trending which consumer are tend to be expected by the company have to follow the guidance of the market researcher which gives the product information in terms of quality and configuration. And by using of managerial approaches which provides the basic techniques of market about how to perform and when? By using of VIRO model t helps to determine the objectives in context of organisation’s resources.Asaboveallprocessofimplementationinbusinesstoaccomplishbetter competitive advantages. To highlight two methods of external assessment such porter Generic model and Ansoff Matrix that enhance to improve and guide about how business can develop and gain more competitive advantages in better approach. By determines Cost leadership strategy for reducing price and increase profit and in other hand, Product development helps to enhance better new concept of product inbuilt for customer retention and competitive advantages. 1
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