Wednesday, May 6, 2020

Challenges And Key Strategic Issues - 990 Words

The purpose of this assignment is to carry out the challenges and key strategic issue that happened in running the company in the business strategy games. In this assignment, we have done a five-year business simulation strategy games to analyse the PESTEL of the macro-environment, industry life cycle analysis, Portal five forces and also the SWOT of the business. Besides, we have made some key decision in every year start from the year 2011 to the year 2015 in the Business Strategy Games. 2.0 Competitive Strategy â€Å"Competitive Advantage is dedicated to the task of pointing the way to specific means of achieving and sustaining an advantageous position while competitive Strategy locates and broadly defines the territory of strategic decision and it is intended as a road map to best traverse the territory†, said Balderston, Frederick E (Balderston, et.al, 1985). In Business Strategy Games, we have decided to choose Global Differentiation strategy to set company footwear apart from other competitors’ brands to gain competitive advantages based on such as cut down the number of model but we provide more style to choose and we provided new model every year, sign up celebrities and we have done inventory to clear the stock every year. Besides that, we used superior material and we went for â€Å"Go Green† to Increase Company’s brand and reputation. We believe that by choosing differentiation strategy can bring many advantages to our business such as increase Company p rofit andShow MoreRelated1. Abstract . We Have Little Knowledge About The Report,1693 Words   |  7 Pagesconsidered primarily about the mechanisms and following the willingness to enter the emerging markets using organisational ability to maintain or managing the talents. These issues addressed or shows when once the new corporate roles have identified. 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