Preview

ASDA company's strategic position

Powerful Essays
Open Document
Open Document
2495 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
ASDA company's strategic position
ASDA company's strategic position

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

You May Also Find These Documents Helpful

  • Good Essays

    Btec Level 3 Unit 1 P1

    • 1259 Words
    • 6 Pages

    ASDA was set up by a well know international company named “Wal-Mart”. The purpose of setting up ASDA was to make profit, introducing a new brand name in the market and to expand the business in the whole UK. The major operational activity of this company is to sell their products. In UK, Ireland & Scotland, these products include ASDA own branded items such as breads, eggs, drinks, juice, petrol etc. However “Wal-Mart” is responsible for any other activities operating in other parts of the World.…

    • 1259 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Pestle Analysis on Asda

    • 1185 Words
    • 5 Pages

    Asda is a British supermarket chain, which retails food, clothing, general merchandise, toys and financial services. It was formed in 1965 by a group of Yorkshire farmers; over the years Asda became Britain's best value food and clothing superstore. On 26th July 1999 Asda superstore merged with one of the largest food retailer's in the world, Wal-Mart. throughout the UK, Asda has 245 stores, 19 depots, 109,000 colleagues and 2,800 different suppliers. Asda's customers not only benefit from cheaper prices but also receive an unmatchable mix of fresh food, grocery, clothing, home, and leisure and entertainment goods. It operates within an oligopolistic market structure; as there are many firms within the market but only a few are in the power to dominate. Majority of the goods produced by Asda are homogenous goods to that of their rivals. For this reason, promotion and advertising of all products have to be carried out well in order to encourage brand loyalty.…

    • 1185 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    ASDA is a British supermarket chain which retails food, clothing by George, toys , car wash and general merchandise such as electrical products and cooking appliances. ASDA also have branched out into telecommunications with a mobile network called ASDA mobile. ASDA is Wal-Mart's largest non-U.S. subsidiary, accounting for almost half of the company's international sales, in this sense ASDA can be classed as a National business as it can be found all over the country or an International business as it is a part of the Wal-Mart Conglomerate which can be found in America and Canada.…

    • 707 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Asda Ownership Analysis

    • 587 Words
    • 3 Pages

    Asda is a Public company and is a British supermarket chain which supplies various services to the customers such as: Clothing, Food, and General Merchandise etc. It has become a multi-national store leading of its subsidiary of Wal-Mart which is American based. It is quite a large business and has approx. 231+ supermarket/superstores (open 24/7) that are open within the UK and still have new stores opening. The purpose of Asda is to sell is services and goods to local and national customers within to UK and also out of the UK. It offers a wide range of goods to its customers such as clothes, electronics, food and drinks. It is a commonly known organization across Europe. Asda along with many other types of business in its market are concerned in attracting the budget market as any other business would look into the same type of aim, as a business it is achieving massively in result to the number of store opening and investment due to buying out Netto’s in 2010.…

    • 587 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Asda Marketing Strategy

    • 5404 Words
    • 22 Pages

    ASDA Stores Limited was founded as Associated Dairies & Farm Stores Limited in 1949 in Leeds. The adoption of the ASDA name occurred in 1965 with the merger of the Asquith chain of three supermarkets and Associated Dairies; ASDA is an abbreviation of “Asquith and Dairies”, often capitalized. ASDA became a subsidiary of the American retail giant Wal-Mart, the world’s largest retailer, in 1999, and is the second largest chain in the UK after Tesco,…

    • 5404 Words
    • 22 Pages
    Powerful Essays
  • Good Essays

    530 Assignment 1

    • 807 Words
    • 3 Pages

    Business strategy is the scope and direction that an organization takes so as to achieve its aims and objectives and gain competitive advantage in the market (Schuler & Jackson, 2008). Normally, the strategies of organizations are based over a long duration of time and are achieved through aligning the resources and structure of an organization in a way that ensures that it meets the needs of the market as well as fulfill the expectation of stakeholders. Business strategies should focus on four main elements of organizations that include people, product, customers and processes.…

    • 807 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Business strategy is the determination of the basic long-term goals and objectives of an enterprise, and the adoption of course of action and the allocation of resources necessary for carrying out these goals.…

    • 3718 Words
    • 15 Pages
    Good Essays
  • Good Essays

    Asda

    • 578 Words
    • 3 Pages

    ASDA is the second largest retailer in the UK, and it has been the largest subsidiary of the Wal-Mart family of companies since 1999. ASDA's scale can be appreciated by the number of stores it runs as well as how many people work for it. For example, it has 321 stores across the UK and Northern Ireland, 29 depots and more than 148,000 colleagues. These all help to generate more than £15 billion of turnover.…

    • 578 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Asda Plc

    • 317 Words
    • 2 Pages

    Asda plc is the one of the largest supermarkets for packaged groceries in UK. It is part of the Wal-Mart family in the USA. Asda’s performance combines profitability, productivity and a sense of social purpose.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    PEST analysis is used as a technique to measure, or to evaluate the factors which has impact to the operate of a company.(Anon,2005) this could also assist the company to make better understanding and right decision in terms to gain a further goal.…

    • 1726 Words
    • 7 Pages
    Best Essays
  • Best Essays

    Corporate Strategy of Tesco

    • 4104 Words
    • 17 Pages

    The company that our group has chosen to analyse is Tesco. Tesco was founded in 1919 by Jack Cohen who began his new venture by selling surplus groceries from a stall in the east end of London; One his first day he made £1 profit and £4 of sales (Tescoplc.com [history]). Tesco has come a long way since then and is now one of the largest food retailers in the world, operating around 2,318 stores and employing over 326,000 people. Not only has Tesco managed to monopolise the food sector, they have also diversified into a number of other sectors, some of which being insurance, mobile networks, clothing, and electronics. However, this report shall have a focus of the food sector in the United Kingdom.…

    • 4104 Words
    • 17 Pages
    Best Essays
  • Good Essays

    Pestle Analysis of China

    • 2081 Words
    • 9 Pages

    A PEST analysis is one of strategic tools for analyzing the environmental influences including political, economic, social and technological factors on the business. (Porter, M., 1985) In this essay, it is going to explain about current china economy and analyze it with PEST tool, to see if there is a good business condition for running a business in China.…

    • 2081 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    ASDA annual report

    • 1305 Words
    • 6 Pages

    ASDA is the second largest retailer in the UK, and it has been part of WAL-MART family of companies since 1999. ASDA scales can be valued by the number of stores it runs as well as how money people work for them. For example it has 321 stores in UK and North Ireland, 29 depot and more than 148000 employees. These all help to generate more than £15bn turnover.…

    • 1305 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    asda

    • 796 Words
    • 4 Pages

    In 1999 Asda became a subsidiary of Walmart, the largest supermarket chain in the world. This enabled Walmart to enter the UK market but also gave Asda access to the full range of expertise of the Walmart company. Walmart currently employs over 2 million colleagues worldwide in 27 countries. In the UK, Asda is one of the largest employers with over 175,000 colleagues working across its many formats. These include a variety of roles in its Superstores, Supermarkets, Home Office, Distribution, George and Asda Living. Asda continues to expand its operations in the UK and recently acquired a number of stores from Netto to increase the number of local Asda Supermarkets.…

    • 796 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Pest

    • 702 Words
    • 3 Pages

    Pest Analysis is a frame work that strategy consultants uses to scan the mirco environment in which the firm operates. (Value Based 2013) PEST is Political, Ecomonic, Social factor and Techonolgies factors. Companies will use this in workshops and it will make the managmenets brainstorm techniques using PEST for strategic plannings, marketing planning or development in the business or the production. (Value Based 2013)…

    • 702 Words
    • 3 Pages
    Satisfactory Essays