Evaluate a firm’s strategic action to its overall strategy
This is a paper that is requiring the student to evaluate a firm’s strategic action to its overall strategy. The paper also provides additional information to use in the writing of the assignment paper. Below is the assessment description to follow:
Evaluate a firm’s strategic action to its overall strategy
Consultant’s Report
The purpose of this assignment is to evaluate a firm’s Strategic Action considering its overall Strategy. The current competitive situation it faces, and the pros and cons the action may have on its future. Another purpose of this assignment is to test your knowledge of course terms and concepts. Then translate company actions and press coverage into the language of Strategic Management. Your job is to first summarize the characteristics of industry that is being entered or exploited. Secondly, analyze the protagonist firm’s strengths, weaknesses, opportunities and threats before the intended action.
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Order Paper NowThird, uncover and analyze the benefits and risks of the action considering its strategy. You will need to articulate exactly what their main and secondary strategy is and what kind of action they are using to implement it. Forth, use a strategic tool from the course to highlight the benefits or shortcomings that you intend to use to justify or reject the action the firm is contemplating. Finally write a recommendation that lays out the argument as to why you support or reject the action the company has contemplated.
Evaluate a firm’s strategic action to its overall strategy
You will first need to find an article in the library databases about a public firm that is currently engaging in (or just completing) a strategic action that we have covered (chapters 6 through 8). Such as a merger, joint venture, internal start-up etc. The article should be no older than 3 months. Also, the action should be current (so no article that covers a transaction that occurred a year ago).
You will use some of the tools we learn in the course to analyze the situation. Such as an Industry Attractiveness scale, Competitive assessment scale, Strategic Fit, 9 Cell, etc. In addition, identify any ethical or issues inherent in the implementation of the strategic action. If you recommend support for the action, what short and long- term implementation issues should they be aware of, or wary of to make the transition run smoothly. If you recommend against the strategic action, explain why.
