within its industry.
Table of Contents
1. Introduction
In the operation of a business, except for the random risk factors, factors related to the success or failure of the business depends on the correctness of the proposed strategy and the implementation of effective strategy. A proper strategy, comprehensive and consistent can bring enormous benefits to the enterprise. However, conversely, a lack of information strategy, superficial, lacking precise assessment of the target school life can cause extremely serious consequences for a business.
Business Strategy is the most important part of the whole strategy of the business. Other parts of the strategy must be based on common business strategy to build and calibrate. Business strategy is extremely important for the existence and operation of the business (Porter, 1980).
Supermarket chain ASDA is dedicated to providing goods to customers in the UK median income . Since 1999 , the Group acquired company Wal-Mart ASDA and ASDA have followed Wal-Mart’s corporate strategy is " cheap policy " . Currently ASDA is one of the companies that provide food in the UK 's second largest ( after TESCO Corporation ) . ASDA currently has about 540 retail stores including food supermarket system, the food supply stores , stores online commerce (Research, 2013).
Therefore, what the strategic elements as well as has brought such a huge success for ASDA.
2. ASDA company’s strategy
2.1 Analysis ASDA company's strategic position within its industry 2.1.1.The wider environment in which the company operates a. The competitive environment within the industry in which it operates
PEST analysis is a simple tool , useful and widely used , it helps to capture the " overview" of political, economic , cultural - social and technological environment . So entrepreneurs worldwide to build using PEST vision of the future .
Political Analysis
The