Strategy Formulation: Global Strategy.

Strategy Formulation: Global Strategy.
March 3, 2021 No Comments Assignment Assignment help

Utilizing previous paper written for Apple and the example paper provided. Use Apple and complete assignment: Assignment Overview This week you analyze your company’s overall business strategies and how well they fit with one another. What You Need to Know As you examine global strategy this week, consider the extent of global influence on current organizational strategies, why companies pursue global strategies, and how global strategies can be difficult to implement. The CAGE (Cultural, Administrative, Geographic, and Economic) is one such framework introduced as a way strategic decision makers organize their thinking about global strategies. Porter’s Diamond Model is another strategic framework to consider the competitive advantage of nations in which a company might operate or compete. Take a look at these resources as a means to enhance your understanding of global business: EnrichWise. (2011, December 10). The CAGE framework – distance matters in globalization!!! [Blog post]. Retrieved from https://www.enrichwise.com/the-cage-framework-distance-matters-in-globalization/ Business-to-You. (2018). Porter’s diamond model: Why some nations are competitive and others are not. Retrieved from https://www.business-to-you.com/porter-diamond-model/ Successful strategic businesses can range from a local small business to a multi-national corporation. The strategic models and frameworks illustrated this term can make any business endeavor a success. But the proof is in the data. Developing strategies and monitoring their implementation using objective data allows business leader to make sound decisions that will take their organizations to the next level. The Age of Analytics: Competing in a Data-Driven World [PDF] is an interesting resource, one you may wish to include in your business library for consultation down the road. For now, just review the book, becoming familiar with its content. Then read pages 1–18 for this week. Assignment Instructions BUSINESS STRATEGY FORMULATION Introduction This portfolio work project will help you differentiate between business strategy and corporate strategy, and analyze the fit of a business strategy to an organization. Scenario Building on your work from Assignment 1, the vice president of strategy has now tasked you with providing a business analysis of the organization’s business strategy. This includes level of diversification (product scope), geographical and vertical scope, and the overall fit with the business strategy or strategies. Your Role You are a strategic analyst for the company you have selected to use in this course. Requirements Use information from the company’s website, the Capella Library, and your course textbook to complete this assignment. Write a business analysis that includes: Explain the generic business strategies for the company. Include cost, differentiation, and focus or hybrid information. Analyze the business strategy the company uses in its marketplace approach. Provide examples of how the strategy is used to position the company in a competitive environment. Analyze the company’s business model. What are the core products? How does the organization make money? What is the customer value proposition? What is the profit proposition? Analyze the corporate strategy of the company. Include the product, geographical, and vertical scope in which it operates. Has the company expanded from its original product line or field of operation? Does the company own vertically related activities along the value chain for its products? Analyze the overall corporate structure and key management systems. Does the company employ diversification, vertical integration, or globalization? Are global alliances part of the corporate strategy? Analyze the strategic fit between the business and corporate strategies of the company. See the MBA Program Resources for guidance on getting started with business research. SCORING GUIDE Your Work will be evaluated using this criteria. VIEW SCORING GUIDE Deliverable Format The Business Strategy Analysis is a professional document and should therefore follow the corresponding MBA Academic and Professional Document Guidelines, including single-spaced paragraphs. In addition to the analysis, include: Title page. References page. APA formatted references from at least five sources. 7–10 pages in length, in addition to the title and references pages. Written for executive leadership. Evaluation By successfully completing this assignment, you will demonstrate your proficiency in the following course competencies through corresponding scoring guide criteria: Competency 3: Analyze the internal and external environments of an organization in order to formulate and implement successful strategies. Explain the generic business strategies for a company. Analyze the business strategy a company uses in its marketplace approach. Competency 4: Apply strategic concepts and models to ensure the fit between strategy, organizational structure, capabilities, and goals; and the external environment. Analyze a company’s business model. Analyze the corporate strategy of a company. Analyze the overall corporate structure and key management system of a company. Analyze the strategic fit between the business and corporate strategies of a company. Competency 5: Communicate business needs, opportunities, and strategies with multiple stakeholders. Address assignment purpose in a well-organized text, incorporating appropriate evidence and tone in grammatically sound sentences. Apply the standard writing conventions for the discipline, including structure, voice, person, and tone.