Business Stratergy

In: Business and Management

Submitted By london2012
Words 3633
Pages 15
Business Strategy Essay - (Unit 7)


Introduction

In my report i will cover all the criteria given in are assessment; also i will use real life examples of various companies to assist in the answering of my questions.

In addition i will explain how and why these strategic methods are implemented in this business unit to achieve this i believe that i have to show in a real life predicament how these tasks that are complex can actually work by planning and using certain elements that will make the company more efficient.


I believe that the mangers role is important and that he or she must know how and when to imply their skills to assist in the running of an organisation by having prepared paper work regarding goals targets how staff are working, when is the most efficient time of business.

I will also be covering stakeholder analyse whereby i will use given examples to show the importance of being in the no with your stakeholders.


In addition to the above i will be organising an audit for a given company and shall use the information i have read to assist in the creation of the audit.

I hope you find my report interesting and credible thank you.


P1 - Explain Strategic contexts and terminology


Mission is and an important assignment carried out for political, religious, or commercial purposes, typically involving organisations. They use these terminologies to help and create better work ethics, for example Wal- mart has a vision whereby they beliefs that saving people money can actually help them live better, their objectives as an organisation is to profit and to provide an affordable range of household goods which in return has earned them a huge amount of customers worldwide we are talking millions of customers and rising.

They are the largest retailer in the world and also have the highest gross and net profit of any company in…...

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