Unit title: Business Strategy TABLE OF CONTENTS OVERVIEW 3 STRATEGIC CONTEXT 3 STAKEHOLDER ANALYSIS 5 ENVIORNMENTAL AUDIT 8 ORGANIZATIONAL AUDIT 13 ANSOFF MATRIX 16 BOSTON CONSULTING GROUP BCG MATRIX 18 PLANNING SYSTEMS 20 STRATEGIC PLAN FOR GLOBAL TECH CORPORATION 21 RESOLVING ISSUES DURING PLANNING PROCES 22 REFERENCES 23 Overview Global Tech Corporation is a leading telecom provider
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Diversification strategy is used to increase the firm’s value by improving its overall performance. Value here is created here either through related diversification ( my report) or through unrelated diversification ( which will be discussed further) when the strategy allows a company’s business to increase revenues or reduce cost while implementing their business –level strategies In some case‚ using diversification strategy may have nothing to do with increasing the firm’s value; in fact it
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The Mission Mission which indicates the purpose and activities of the business‚ for example‚ The following table contrasts hard and soft mission statements. Hard | Soft | What business is/does Primary products/services Key processes & technologies Main customer groups Primary markets/segments Principal channels/outlets | Reason for existence Competitive advantages Unique/distinctive features Important philosophical/social issues Image‚ quality‚ style‚ standards Stakeholder
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Swot Analysis McDonald’s vs. Burger King Organizational Diagnosis by Fastalk Consultants In diagnosing the McDonald’s organization‚ the first issue we will examine is their company goals. McDonald’s has a goal of one hundred percent total customer satisfaction. However‚ they do realize that this goal is not always attainable. Therefore‚ if for any reason they do not meet that goal‚ they will do whatever it takes to correct their mistake. McDonald’s has a second company goal that sets them
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Corporate Level Strategies Kinds of Grand Strategies: * Stability Strategies * Growth Strategies * Retrenchment Strategies * Combination Strategies Stability Strategies The basic approach is ‘maintain present course: steady as it goes.’ In an effective stability strategy‚ companies will concentrate their resources where the company presently has or can rapidly develop a meaningful competitive advantage in the narrowest possible product-market scope consistent with the firm’s
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McDonald’s vs. Burger King: Which Menu Is Healthier? September 15‚ 2013 COM 155 The United States has the largest fast food industry in the world‚ and American fast food restaurants are in over 100 countries. That alone tells you that millions of consumers partake in fast food. By definition‚ fast food is food that can be prepared and served very quickly. A typical fast food meal in the United States includes a hamburger‚ French fries‚ and a soft drink. Out of all of the fast
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APPLE COMPUTER INC.: - CORPORATE-LEVEL STRATEGY REVIEW - A review on the strategy adopted by Apple Inc. at corporate level to ensure that the company remains at the forefront of the electronic media industry either in terms of innovation and range of products . EXECUTIVE SUMMARY An analysis was done on Corporate-Level Strategies adopted by Apple Computer Inc. (“Apple Computer”) that has brought tremendous success to the firm since it started. Apple Computer started off in 1976 by Steve Jobs
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1. Who is BK’s target audience and what are its communication objectives for that audience? ▪ Bk’s target audience is the teenaged youngsters. ▪ Its communication objective was primarily: - To increase the market share by increasing brand image in front of consumers - To target larger consumer segment - To project itself as high quality and premium brand 2. Why is viral or buzz marketing effective? Analyze the design of the subservient chicken site’s message
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would be the ones to sell it. But now‚ two years shy of Kroc ’s benchmark for the far-off future‚ that goal seems less assured than ever. Forget for a moment all the recent talk about Burger King Corp. and Wendy ’s International Inc. stealing customers from McDonald ’s. With a 42% share of the U.S. fast-food burger market‚ McDonald ’s still easily outpaces its rivals. Nonetheless‚ the problems under the famous Golden Arches are far more serious than a failed Arch Deluxe here or a french-fry war there
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Table of Contents Business Strategy 4 What is Strategy? 4 Definitions. 4 In other words‚ business strategy is about: 4 Strategic Management 4 Characteristics of strategic decisions 5 Implications of strategic decisions 5 Strategic Analysis 6 Strategic analysis boosts organizational effectiveness 6 Strategic Choice 7 Strategy Implementation 7 To analyze the organization it can be done in different methods. 8 PEST Analysis 8 Scenario Planning 8 Five Forces Analysis 8
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