Porters Five Force - level 5 in business

Porters Five Force - level 5 in business

Task 1: Select a business organisation and research its business activities before writing a preliminary report based on following:

Analyse the factors that have to be considered to formulate strategic plans. How does the Ansoff's matrix help your chosen firm to manage the strategic decision to consider strategic plan.

Evaluate the effectiveness of strategic planning techniques to be used when developing strategic business plan.

Task 2: Conduct an organizational audit of the chosen business. How the evaluation of Porter's five forces model in the perspective of your chosen organization is useful for business environment and strategic positioning.

Explain the significance of stakeholders' analysis while formulating new strategy of your chosen business.

Present a new strategy for the chosen business based on organizational audit and stakeholders' analysis.

Apply statistical methods in business planning

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