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Business Resources

In: English and Literature

Submitted By rajni123
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AC 1.1 -Strategic contexts of Lafarge Tarmac
The strategy of this joint venture is to achieve the best from both the companies that is innovation, good customer service and technical expertise for Lafarge and strong heritage of plant network and assess to raw material form the tarmac. The main objectives of union of these companies is to allow Tarmac aggregate business and the Lafarge concrete business to come together by which the company can work on different types of projects throughout the country. This also helps to leave better foot print in the economy. The company is also doing lots of work on sustainable products and system like reducing the embodied carbon in cement products, using waste-derived fuels and using several methods to reduce the energy consumption. The main objective of this joint venture is to reduce the production cost through innovation and exploring sustainability.
AC 1.2 Issues involved in Strategic Planning at Lafarge Tarmac
Strategic planning issues: Managers may have issues on facing the challenges in the company which can be minimized with the help of strategic planning. The managers can get the direction with the help of strategic planning. Strategic planning should be made in the right time. In the context of Lafarge Tarmac planning should be carried out frequently as there is lot of competitiveness in the market. As the company is new in the market strategic manager have to come up with better strategy to stand on top in the market. Every now and then the planning should be updated. Manager have to cross check time to time the outcomes. The people involved in the strategic planning includes those who will be making and implementing the plan, people who will be affected by the plan, those who will monitor the implementation of the plan and those who helps in the development process. With their involvement the planning can be

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