Welcome to Live Chat

Welcome to LiveWebTutors Services, World's leading Academic solutions provider with Millions of Happy Students.

Call Back
logo

24x7 Support Available

To Get the Best Price Chat With Our Experts

chat now

In A Hurry? Get A Callback

shopping cart 0

Subject Solutions Code Description Price Delete

Amount Payable : $0

continue shopping proceed to checkout

World's Leading Assignment Library

This assignment will help you to understand key concepts in strategic management by conducting a real world analysis of an organisation and external environments.

Question Preview:

This assignment is designed to test students understanding of three key areas: ·External Environments – the macro environment and the industry ·Internal Environments – the firm ·Strategic Choices – reasons why firms in same industry choose different strategic directions and the key uses associated with business level strategic choice. The assignment is to be based on your choice of one of the following industries and associated firms within the selected industry. Industry Example Firm Air...

View Complete Question >>

Question Preview:

This assignment is designed to test students understanding of three key areas: ·External Environments – the macro environment and the industry ·Internal Environments – the firm ·Strategic Choices – reasons why firms in same industry choose different strategic directions and the key uses associated with business level strategic choice. The assignment is to be based on your choice of one of the following industries and associated firms within the selected industry. Industry Example Firm Airlines Airasia and Ryanair This assignment will help you to understand key concepts in strategic management by conducting a real world analysis of an organisation and external environments. here is a strong focus in developing an understanding of the issues associated with the choice of business level strategic direction. Task Requirements (a)External Environment Analysis You are to undertake an analysis of the external environment of the industry you have selected.This will require you to asses both the macro environment and the specific industry. ( Use PESTLE and 5 Porters in the 2 Industry) - Analysis not a description This will provide you with a good understanding of the external environment and provide a base for answering Part C. (b)Firm Level Analysis You are to choose two (2) firms in the selected industry and undertake a preliminary analysis of the firm’s key resources, capabilities and competencies. Use SWOT analysis This will require identifying some of the key strengths and weaknesses of the two firms. This will enable you to understand the key sources of sustainable competitive advantage for the chosen two firms. As with Part (a) you are required to develop your answer drawing on some of the tools/frameworks of the course.It is an analysis – not just a description of the chosen firms. (c)Strategic Choice Linking your understanding of both Part (a) and Part (b) you are to: Discuss which type of generic strategy you believe the two selected firms have adopted and outline your rationale. You are also to discuss the key reasons/factors that have influenced the choice of strategic option (s) both firms. Remember – there are four (4) key generic business level strategies. ·Focussed cost advantage/cost leadership ·Focused differentiation ·Broad base cost advantage/cost leadership ·Broad based differentiation You might want to discuss some of the key advantages and disadvantages associated with the strategic choices made by the firms – and identify some of key success factors and risk factors. Assessment Criteria: The assignment will be assessed against the following criteria: Your ability to interpret, analyse, and respond to the question asked in an appropriate manner The thoroughness of research undertaken, extent of reading, collection of relevant data, and quality of sources consulted, etc. Your ability to analyse source material and draw valid conclusions to support arguments etc. Evidence of your understanding of firm level analysis and your ability to applyanalytical frameworks and perspectives Evidence of personal reflection and insight Full acknowledgment of sources consulted, references used etc. including the bibliography Evidence of your ability to logically arrange and present the materials to an acceptable standard

View Less >>

Solution Preview

To start up the process of strategic management the first step is the strategic analysis. The aim of the strategic analysis is to set up the framework that must be done to effectively formulate and implement strategies. Most of the strategies got failed due to the improper analysis of the strategies and follow the wrong method of formulation without proper care by the managers of the companies. Strategies can be of many types like corporate strategies, operational strategies and business unit strategies.

Strategic options are the various methods that should be adopted to achieve certain objective and that is important for the performance of some specific activities.

Strategic analysis is all about the decisions and actions that an organization undertakes so that sustains competitive advantage can be created. Organization who wants to do strategic analysis will need highly competitive managers who can understand the environment. The three main steps of the strategic analysis are:-

question Get solution

$25

Orginal Price : $32.50

Pay Now

Upload Assignments

250 words

side

Get Your Assignment

Don’t delay more, place your order now. Quick assignment help will be offered to you.

Order Now

CUSTOMER REVIEWS

Excellent

logo

Based on 702 reviews See all reviews here

One of the Best Service

I trust LiveWebTutors for my assignments because of their ability to deliver the perfect assignments time and again. Only a few of my assignments required minor revisions. The rest assured it is the best assignment writing service in the market.

Elizabeth
Sydney

Great Service and on time

I felt so exhausted and burdened with the large number of assignments I had to write and desperately needed someone to help me with all the writing and there was LiveWebTutors company on the internet. They finished my assignments before the due date and also offered me a first-timer discount.

Christina
Perth

One of the Best Assignment Provider

I ordered my Mathematics and Marketing assignments from them last month. I received the content on the set date. Most importantly, the assignments were well-written and plagiarism free. I scored a top grade for the assignment written by them. They are a reliable company.

Oli
Brisbane

Very Helpful Customer Service

I was quite unsure about getting my assignment written online but after coming across LiveWebTutors.com, all my worries have vanished. The quality of the assignments written by their writers is just invincible. Their customer support is very polite and helpful. You should try their service at least once

Kabir
Adelaide