Unit 32 Business Strategy - level 5 in business

Unit Name: Unit 32 Business Strategy

Level: level 5 in business

TASK 1

1.1 Explain the concept of strategy, vision, mission, goals, objectives and core competencies.

1.2 Review the issues involved in strategic planning.

1.3 Explain different planning techniques thatorganisationscan use

TASK 2

2.1 Produce an internal organisational audit of Apple evaluating their strengths and weaknesses.

2.2 Carry out industry analysis of Apple using Porter's 5 Forces framework, and conductandenvironmental analysis of its macro environment usingPESTELmodel, clearly identifying Opportunities and threats present in the external environment.

2.3 Explain the significance/importance of stakeholder analysis.

TASK 3

3.1 Analyse possible alternative future strategies of Apple relating to substantive growth, limited growthandretrenchment.

TASK 4

4.1 Compare the roles and responsibilities of the different levels ofstrategyadopted in 3.2

4.2 Evaluate what resources will be required to implement Apple's chosen strategy.

4.3 Discuss the importance of targets and timescales to monitor the successful achievement ofheadopted strategy for Apple.

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