Evaluation of SMART target for achievement of strategy

Unit 7 Business Strategy - TATA Steel Assignment Help - Unit 7 Business Strategy - TATA Steel - Level 5 Diploma in Business
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Program: Diploma in Business

Unit Name: Unit 7 Business Strategy - TATA Steel

Level: Level 5

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Question 1.1 Assess how business missions, visions, objectives, goals and core competencies inform strategic planning
Question 1.2 Analysis of the factors that have to be considered when formulating strategic plans
Question 1.3 Evaluate the effectiveness of techniques used when developing strategic business plans

Question 2.1 Strategic positioning of TATA steel (SWOT)
Question 2.2 Environmental audit of TATA steel
Question 2.3 Significance of stakeholder analysis for formulating the strategy
Question 2.4 New strategy for organization

Question 3.1 Alternative strategies for Tata steel
Question 3.2 Justification of strategy

Question 4.1 Role and responsibility of personnel
Question 4.2 Requirements of resources for implementation of strategy
Question 4.3 Evaluation of SMART target for achievement of strategy

This assignment helps students to understand the different business strategies that can be used by organizations. It focuses on the case study of TATA Steel, a global steel company. Students are asked to analyze the company's current business strategy and recommend new strategies that could be used to improve its performance.

The assignment covers a range of topics, including:

  • The different types of business strategies
  • The factors that influence the choice of business strategy
  • The strategic planning process
  • The evaluation of business strategies

Students are expected to demonstrate their knowledge of these topics by writing a critical analysis of TATA Steel's business strategy. They should also be able to recommend new strategies that could be used to improve the company's performance.

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