Preview

Wgu Strategic Management Essay

Satisfactory Essays
Open Document
Open Document
836 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wgu Strategic Management Essay
BUSM3309 Strategic Management
Assignment Guide Semester 1, 2014

Assignment: Strategic Analysis and Strategy Evaluation

Weighting
This assignment accounts for 40% of the assessment in this Course.
Due Date/Week
End of Week 8 on Sunday 10th August 2014
Due Time
By 11:59pm
Format
Report
Length
2500 - 3000 words, double-line spaced, 12 point Times New Roman.
Note: The word count does not include references or appendices

You will work in pairs (a group of two (2)) to conduct a strategic analysis and strategy evaluation, and write a report on a real-life business. Please note that this report will focus on business-level strategy.

The assessment will be discussed in the Week 1 and 2 seminars. You are required to select
…show more content…
In this report, you are required to perform the following tasks:

1. Describe briefly the background information (strategic context) of the firm (or SBU) you have selected. This information should be brief and relevant to the discussion of your assignment and thus may include ownership, history, size, business scope, major products/services, and major markets of the firm (or SBU) selected.

2. Conduct a macro-environment analysis for the entire industry within which the firm (or SBU) operates. You should use the analytical framework provided in the textbook. Foci will be placed on the understanding of the purpose of this analysis, the identification of key factors and their implications in terms of key opportunities and threats, and the discussion of their overall impact on the industry growth in the future. Draw your conclusion based on your macro-environment
…show more content…
Identify those resources and competences of the firm (or SBU) that are likely to provide sustainable competitive advantage. Justify why these resources and competences can be regarded as strategic capabilities using the four criteria covered in the textbook.

5. Identify and discuss the generic type of business strategy the firm (or SBU) implements by examining its strategy statement and/or its value chain activities.

6. Evaluate the suitability of the firm’s current business strategy based on the outcomes of your analysis and integration above (e.g., the identification of the firm’s current business strategy and the most significant factors affecting the firm’s performance, and your understanding of business strategy).

References should be utilised within this Report to validate the information presented, and should be drawn from academic sources and organisational information such as the website and annual reports. The business press may be used sparingly to identify relevant issues.

You will be advised of the organisations you may choose by your lecturer. This also will be announced on Blackboard

Learning outcome/s and capability development
Completing this assignment can help you develop your capabilities in the following

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Given a firm's mission, vision, and company and industry situation, compare the pros and cons of various strategies and recommend a strategic approach that appears to best match the company's current…

    • 453 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Phi 410 Study Guide

    • 4150 Words
    • 17 Pages

    Broadly, the course is intended to examine in greater depth aspects of strategy analysis, strategy formulation, implementation and evaluation and to specifically:…

    • 4150 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Mgt 498

    • 950 Words
    • 4 Pages

    During this week’s assignments, the authors discussed the primary components of the strategic management process. In order for a company to be successful, the company will need to follow the following components:…

    • 950 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Build or Buy

    • 1993 Words
    • 8 Pages

    Craft a brief strategy for a business concept that would directly compete with the small business you selected. Explain the rationale for the strategy in detail.…

    • 1993 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In this task I will be evaluating the appropriateness of business information used to make a strategic decision. In this part of the task I will be focusing on Tesco business. I will be talking about the importance in strategic decisions within Tesco and how they use the decisions for their business. Also I will be evaluating how the strategic decisions affect the financial performance of Tesco.…

    • 957 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Week 1

    • 459 Words
    • 2 Pages

    Select one of the companies below and conduct some basic research. State what you believe is the distinctive competence and core competence of your selected company. Give an example of how the values and mission statement help to shape planning. Also give some internal and external factors that may influence the business in the future and explain how they will influence the business. Respond substantively to two other learners.…

    • 459 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Loren Inc

    • 778 Words
    • 4 Pages

    This section provides the context for the issue / organization being examined. It is necessary and important that the class be given a feel for the type of organization and industry being examined, the marketplace in which that industry operates, and the overall business environment in which the discussion and analysis will take place.…

    • 778 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Comm 401 Couse Outline

    • 1184 Words
    • 5 Pages

    Course Learning Objectives: Upon completing this course, students will have developed an understanding of the major models and theories in strategic management and more importantly have learned to apply this learning to real life business situations. By utilizing the case method, students will be exposed to a variety of industries and issues and will learn how to evaluate the external environmental conditions and the internal company conditions that influence company performance. Students will learn how to recognize relevant strategic components found within a firm and systematically assess the firm’s future potential, identify impending problems, and make appropriate recommendations that would allow a firm to benefit from its advantages and address possible problems.…

    • 1184 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Analyze the business-level strategies for the corporation you chose to determine the businesslevel strategy you think is most important to the long-term success of the firm and whether or…

    • 3089 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Analysis for Business Policy: Strategic Management. Instructor: Dr. M. Reitzel, DeVry University, February 2007, Austin, TX. Members of the Team: Marcus Bedford Jon Cable Wayne Oulicky Constince Sanchez…

    • 11565 Words
    • 47 Pages
    Powerful Essays
  • Good Essays

    BCG Model in Marketing?

    • 4212 Words
    • 121 Pages

    Unit 2 Scanning Marketing Opportunities Chapter 4 - Strategic Planning Lesson 12 - Business Portfolios, Boston Consulting Group (BCG) Modal Hello students! After having an understanding of what an SBU is you also need to now how do the companies select a particular strategy for which they need to analyze their SBUs? There is a matrix given by the Boston Consultancy Group, which can be used by the companies for the purpose of analysis, which will be discussed in this lesson, and also how useful it is.…

    • 4212 Words
    • 121 Pages
    Good Essays
  • Powerful Essays

    Analyze the business-level strategies for the corporation you chose to determine the business-level strategy you think is most important to the long-term success of the firm and whether or not you judge this to be a good choice. Justify your opinion.…

    • 1964 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Bpsm Ip Paper

    • 282 Words
    • 2 Pages

    Comment on any two of the following: (15) (a) "The purpose of strategy is to define the nature of relationship between a firm and its environment. (b) "Business policy course is supposed to integrate the knowledge of different functional areas of management and to develop certain skills and attitudes to make long-term strategic decisions". (c) "SWOT analysis is a very crucial element of strategic planning". Do you agree with the view that structure follows strategy? Give reasons for your answer. Also explain the role of top management in the implementation of strategy. (15) Explain Michael Porter's environment of a firm. How should the executives (SAP) for their companies? you are aware of. Five Force Analysis for analyzing competitive (15)…

    • 282 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    QUESTION: Discuss the development of Strategic Management as a field of study and research clearly indicating the subject matter of this field.…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    “How does an organization achieve success and remain successful?” is a critical question for every organization. Strategic management answers to this question. Strategic Management makes or breaks an organization. Taking business firm as a model, the Strategic Management course discusses environmental factors, strategy formulation and implementation from a organization-wide standpoint and emphasizes integration of knowledge and approaches across functional areas. The course is designed to help students learn the managerial task of crafting, implementing, monitoring and evaluating strategies by SBU/single business, diversified and multinational firms. It will require them to apply what they have…

    • 1791 Words
    • 8 Pages
    Satisfactory Essays

Related Topics