Conducting a thorough audit of the environment

Diploma in Business - Unit 32 Business Strategy - level 5

Business Strategy Mulberry

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Task 1:

Question 1 Assess how business missions, visions, objectives, goals, core competencies inform strategic planning with reference to Mulberry.

Question 2 Analyse the factors that have to be considered when formulating strategic plans with reference to Mulberry.

Question 3 Evaluate the effectiveness of techniques used when developing strategic business plans using examples from Mulberry.

Task 2:

Question 1: Conducting a thorough audit of the environment that a company operates.

Question 2: Identifying essential individuals, establishments and groups that might influence the functional aspect of the Mulberry.

Question 3: To present a new strategy there is the need to consider certain aspects that needs to be considered by Mulberry as productive organizational growth.

Task 3:

Question 1: Define tactics and strategies that can be considered by quality management.

Question 2: Describe the three significant criteria for achievement that needs to be used for monitoring the strategy.

Task 4:

Question 1: Explain the numerous roles and responsibilities that management of company will need to carry out.

Question 2: Define resources that the management will have to arrange for.

Question 3: The strategy of Mulberry PLC must be evaluated with the SMART targets in the following way.

Unit 32 Business Strategy is a core unit in the Level 5 Diploma in Business. The unit aims to give students the knowledge and skills to develop and implement effective business strategies.

The unit covers a wide range of topics, including:

• The nature and importance of business strategy
• The different types of business strategies
• The strategic planning process
• The implementation and evaluation of business strategies

The unit is assessed through a written assignment, which requires students to develop a business strategy for a real-world business.

The Unit 32 Business Strategy assignment is an important part of the Level 5 Diploma in Business. By following the tips above, you can increase your chances of success on this assignment.

Additional Tips

Use a variety of sources to support your assignment. This could include academic articles, case studies, and industry reports.
Be sure to reference your sources correctly.
Proofread your assignment carefully before submitting it.

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