Preview

Strategic Management

Satisfactory Essays
Open Document
Open Document
641 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management
Human Resource Management Institute (HRMI)
Edexcel BTEC HND in Business – HRM – Batch 3/E 1/S

Unit No/Title: Unit 7:/ Business Strategy Unit Code: A/601/0796

Assignment No: 1 / 1 Assignment Title: Development of a Business Strategy

Grading Opportunities Available
|Outcomes/ Grade Descriptors |
|………………………………………………………….. | |……………………………………………. |
|Registration Number | |Signature |

|LO1 – Understand the process of strategic planning |Grading |Assessment Type |
| |(P/M/D) | |
|1.1 |Explain strategic contexts and terminology – missions, visions, objectives, goals, |P 1.1 |Individual |
| |core competencies | | |
|1.2 |Review the issues involved in strategic planning |P 1.2 |Individual |
|1.3 |Explain different planning techniques |P 1.3 |Individual |
|LO2 Be able to formulate a new strategy |Grading |Assessment Type |
| |(P/M/D) | |
|2.1 |Produce an organisational

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Strategic Management

    • 251 Words
    • 2 Pages

    For its Zara brand, Inditex manufactures the majority of the garments sells and undertakes all of its own distribution from manufacturing plants to its directly managed retail outlets. Benetton outsources most of its production and most of its retail outlets are owned and operated by franchisees. Which is a superior system?…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    1.1 Explaining Strategic Contexts and Terminology – Missions, Visions, Objectives, Goals, and Core Competencies of Mulberry:…

    • 4219 Words
    • 15 Pages
    Best Essays
  • Satisfactory Essays

    Strategic Management

    • 544 Words
    • 3 Pages

    4. Returns can only be measured in accounting terms such as return on assets, return on equity, or return on sales.…

    • 544 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Strategic Management

    • 509 Words
    • 2 Pages

    According to the case, Li Ning opened lots of stores each year before 2012. But the sales became slow and the inventories became high. The value gap is negative growth during this period. The overexpansion didn’t get the increase revenues, it caused the cost bigger than the value which determining Li Ning’s economic value was low and the strategic position became disadvantage. Although the new management team of Li Ning think there are still have a large opportunity between the high-end and low-end markets, the high cost of their inventories is a big disadvantage during the competitive. Li Ning’s competitors -- Nike and Adidas have low cost, high brand value and large consumer groups which Li Ning doesn’t have right now.…

    • 509 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Strategic Management

    • 5703 Words
    • 23 Pages

    Management and leadership, these two terms are often used interchangeably; management is more usually viewed as getting things done through other people in order to achieve organizational goals. The managers may react to specific situations and more concerned with short term problem solving. Management is regarded as related to people working in a structured organization and with prescribed roles. The emphasis of leadership is on interpersonal behaviour in a broader sense. Belbin (1997, p 98) suggests that, “there is a clear implication that leadership is not part of the job but quality that can be brought to a job … The…

    • 5703 Words
    • 23 Pages
    Powerful Essays
  • Powerful Essays

    Strategic Management

    • 1582 Words
    • 7 Pages

    Wesfarmers is a corporation of high popularity, which has become one of the largest and oldest successful national companies in Australia. It has a large size, in terms of its employees, there are almost 200,000 people working for it. This company involves diversified fields, such as supermarkets, department stores, home improvement and some other aspects, which are closely related to people’s production and life (Wesfarmers official website).…

    • 1582 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Cio Roles

    • 1894 Words
    • 8 Pages

    Technology is constantly changing and as a result businesses have to remain flexible, which may entail them changing the way they operate. With the rapid changing businesses conditions, Technology is constantly changing requiring businesses to be able to be flexible . As our world learn to focus on ways In the face of rapidly changing business conditions and continuously evolving…

    • 1894 Words
    • 8 Pages
    Best Essays
  • Satisfactory Essays

    Euroland Foods S.A.

    • 251 Words
    • 2 Pages

    To be prepared for this exercise, you must be familiar with the characteristics and possible objectives of each…

    • 251 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case Study Models

    • 274 Words
    • 2 Pages

    Read your case study blind. Highlight issues you find interesting. Read the questions. Re-read your case study more indepthly with the questions in mind. Consider the following tools for analysis to help you answer the questions.…

    • 274 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Strategic Management

    • 5604 Words
    • 23 Pages

    The report argues on whether the company should internationalise and open a new BrewDog Bar in a foreign market, taking into consideration the main purpose of the internationalisation plan and the main theories. Included is also a research of the market opportunities on the French craft beer market with local competitors, market which is showing good signs of improvement over the last years, as many young people consume beer more often than the…

    • 5604 Words
    • 23 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic Plan

    • 4468 Words
    • 18 Pages

    Organizations when evaluating their performance or the Business prospect of the company the Management should look into to the following three important factors 1. What’s the company’s present situation? 2. Where does the company need to go from here? 3. How should it get there? What’s the company’s present situation? should prompt the Management to evaluate the condition and competitiveness of the industry, the company’s current market sanding, its resource,…

    • 4468 Words
    • 18 Pages
    Powerful Essays
  • Satisfactory Essays

    Strategic Management

    • 8169 Words
    • 33 Pages

    Strategic Management: Concepts and Cases, 13e (David) Chapter 1 The Nature of Strategic Management 1) Strategic management focuses on integrating management, marketing, finance/accounting, production/operations, research and development, and information systems to achieve organizational success. Answer: TRUE Diff: 1 Page Ref: 6 Topic: Introduction Objective: 1.01 Describe the strategic-management process. 2) Optimizing for tomorrow the trends of today is the purpose of strategic management. Answer: FALSE Diff: 1 Page Ref: 6 Topic: What Is Strategic Management? Objective: 1.01 Describe the strategic-management process. 3) Even though useful, strategic planning has been cast aside by corporate America since the early 1990s. Answer: FALSE Diff: 2 Page Ref: 6 Objective: 1.01 Describe the strategic-management process. 4) Resource allocation is included in strategy-formulation activities. Answer: TRUE Diff: 2 Page Ref: 6 Topic: What Is Strategic Management? Objective: 1.01 Describe the strategic-management process. 5) The terms strategic management and strategic planning are synonymous in this text. Answer: TRUE Diff: 1 Page Ref: 6 Topic: What Is Strategic Management? Objective: 1.01 Describe the strategic-management process. 6) A vision statement is, in essence, a company 's game plan. Answer: FALSE Diff: 1 Page Ref: 11 Topic: What Is Strategic Management? Objective: 1.03 Define and give examples of key terms in strategic management.…

    • 8169 Words
    • 33 Pages
    Satisfactory Essays
  • Satisfactory Essays

    strategic management

    • 347 Words
    • 2 Pages

    What does a Porter's Five Forces analysis reveal about the industry in which Dunkin' Donuts and Starbuck's compete and what are its strategic implications for Dunkin' Donuts?…

    • 347 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategic Management

    • 3936 Words
    • 14 Pages

    The harmoniously bond of the body and the mind is the leading philosophy of ASICS since it’s foundation on the 1st September 1949 in Kobe (Japan) by Kihachiro Onitsuka. First under the name “Onitsuka Tiger”, which is still the trademark of ASICS products. After a incorporation between the three companies Onitsuka, GTO and JELENK the ASICS Corporation was set up.…

    • 3936 Words
    • 14 Pages
    Powerful Essays
  • Satisfactory Essays

    Mrs.Dyers

    • 5996 Words
    • 26 Pages

    We hereby declare that the reported Project Plan is our own original work and that all sources have been accurately reported and acknowledge, and that this document has not previously in its entirety or in part been submitted at any university in order to obtain another academic qualification.…

    • 5996 Words
    • 26 Pages
    Satisfactory Essays