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Unit 7 Business Strategy - SWOT and PESTLE Analysis - Level 5

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Unit 7 Business Strategy - SWOT and PESTLE Analysis - Level 5 (Diploma in Business)

Part 1

Overview Of Tesco Plc

Part 2

Task 1

1.1 Using your chosen organization as an example assess the business mission, vision, goals and objectives as well as the core competencies.

1.2 Analyse the factors that have to be considered when formulating a strategic plan of the chosen organization.

1.3 Using your chosen organization, evaluate the effectiveness of at least two techniques used when developing strategic business plans for your organization, for example, the Ansoff's Matrix and BCG Matrix

Task 2

2.1 Analyse the current strategic position of your chosen organization by conducting an organizational audit (Using SWOT and Product Positioning).

2.2 Using appropriate method and tools such as PESTLE Analysis, carry out an environmental audit of your chosen organization.

2.3 Assess the significance of stakeholders' analysis when formulating a new strategy for your chosen organization.

2.4 Present the new strategy for your chosen business based on organization audit and stakeholders analysis.

Task 3

3.1 Analyse the appropriateness of alternative strategies relating to market entry, substantive growth, limited growth or retrenchment of your chosen organisation.

3.2 Based on the appropriateness of alternative strategies, justify the selection of the new strategy for your chosen organisation.

Task 4

4.1 Access the role and responsibilities of the personnel in charge of implementing the Strategy.

4.2 Analyse the estimated resource requirements for implementing a new strategy.

4.3 Evaluate the contribution of SMART targets to the achievement of the strategy implementation.

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