Write an essay explaining what the main strategy development tools are and how they are used in business.Your essay must contain a comprehensive discussion of 4 of the following: PESTEL, Five Forces,...

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Write an essay explaining what the main strategy development tools are and how they are used in business.Your essay must contain a comprehensive discussion of 4 of the following: PESTEL, Five Forces, Resource-Based View, PROFIT, Input/Output, SWOT Analysis (you may include Cross Impact Analysis), Generic Strategies, Ansoff, Ghemawat, with reference to academic journals and practical examples from industry.In this essay, sub-headings are permitted.Be sure to use paragraphing.Be sure to reference your sources in-text and provide a list of references at the end in Harvard style.Your final submission is due Friday of week 5 at midnight.Assignment Structure One page for your explanation of each model, including the example. Thus 4 pages for 4 models.Add a cover page at the front.Add a Reference List at the end.


HOLMES INSTITUTE FACULTY OF HIGHER EDUCATION HI6006 COMPETITIVE STRATEGY . ASSIGNMENT 1 Assessment Details and Submission Guidelines Trimester T1 2019 Unit Code HI6006 Unit Title Competitive Strategy Assessment Type Individual Assignment Assessment Title Essay – Key Strategy Development Tools Purpose of the assessment (with ULO Mapping) Students are required to write a Comprehensive discussion of any four of the strategy models, with practical application to current business examples Weight 20% of the total assessments Total Marks 20 Word limit Not more than 1200 words Due Date Week 5 Submission Guidelines  All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.  The assignment must be in MS Word format, no spacing, 12-pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.  Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using Harvard referencing style. Page 2 of 3 HI6006 COMPETITIVE STRATEGY . ASSIGNMENT 1 Assignment 1 Specifications Purpose: This assignment aims at ensuring that students have familiarised themselves with the foundational strategy development models and are able to relate them to current practical business examples. . Details Write an essay explaining what the main strategy development tools are and how they are used in business. Your essay must contain a comprehensive discussion of 4 of the following: PESTEL, Five Forces, Resource-Based View, PROFIT, Input/Output, SWOT Analysis (you may include Cross Impact Analysis), Generic Strategies, Ansoff, Ghemawat, with reference to academic journals and practical examples from industry. In this essay, sub-headings are permitted. Be sure to use paragraphing. Be sure to reference your sources in-text and provide a list of references at the end in Harvard style. Your final submission is due Friday of week 5 at midnight. Assignment Structure One page for your explanation of each model, including the example. Thus 4 pages for 4 models. Add a cover page at the front. Add a Reference List at the end. Page 3 of 3 HI6006 COMPETITIVE STRATEGY . ASSIGNMENT 1 Marking Rubric Excellent 4 Very Good 3.5 Good 3 Satisfactory 2 Unsatisfactory 1 or 0 Strategy Model 1 4 marks The model is well-understood and comprehensively explained The model is understood and well- explained The model is understood and explained The model is somewhat understood and an attempt has been made to explain it The model appears to be mis- understood and the attempt to explain it is incorrect Strategy Model 2 4 marks The model is well-understood and comprehensively explained The model is understood and well- explained The model is understood and explained The model is somewhat understood and an attempt has been made to explain it The model appears to be mis- understood and the attempt to explain it is incorrect Strategy Model 3 4 marks The model is well-understood and comprehensively explained The model is understood and well- explained The model is understood and explained The model is somewhat understood and an attempt has been made to explain it The model appears to be mis- understood and the attempt to explain it is incorrect Strategy Model 4 4 marks The model is well-understood and comprehensively explained The model is understood and well- explained The model is understood and explained The model is somewhat understood and an attempt has been made to explain it The model appears to be mis- understood and the attempt to explain it is incorrect Academic Referencing and Practical Examples 4 marks Referencing is correct and complete in all respects. Examples are current, relevant, well-applied. Referencing is correct and complete. Examples are current, relevant, applied Referencing is mostly correct and complete. Examples are mostly current, relevant, applied Referencing is somewhat correct though possibly incomplete. Examples are somewhat current, relevant, applied Referencing is not correct, somewhat incomplete. Examples are not current, or not relevant, or incorrectly applied Total 20 marks Comments Mark Awarded
Answered Same DayApr 16, 2021HI6006

Answer To: Write an essay explaining what the main strategy development tools are and how they are used in...

Kuldeep answered on Apr 24 2021
159 Votes
KFC Models
KFC Models
Student Name:
University Name:
Unit Name:
Date:
Contents
Executive Summary    3
SWOT analysis: KFC    3
KFC PESTEL ANALSYSIS    5
Five forces analysis    6
Generic Strategies    6
References    8
Executive Summary
Creating and making quality items at low costs isn'
t a simple errand. To meet this procedure, high caliber at the most minimal value, the organization includes with differing parts of the board, creation process and furthermore development. This essay includes the main strategy development tools are and how they are used in business. In this report KFC business is chosen and PESTEL, Five Forces, SWOT Analysis, and Generic Strategies are discussed in this report.
SWOT analysis: KFC
Strengths
1. The second largest global fast food brand in value ($5 billion)
2. Original herbs or spices formula
3. The strong position of emerging China
4. KFC - the combination of the Pizza Hut or KFC - Taco Bell
5. Market leader in a world for chicken-based products.
Weaknesses
· Negative publicity
· Undependable supplier
· Un-healthy food menu
· High worker turnover
· Less marketing efforts
Opportunities
· Rising demands for the healthy food
· Home meal deliveries
· Introducing innovative product to their chicken range only
Threats
· Saturated fast food market in the developed economies
· Trend toward the healthy eating
· Local fast food restaurants chains
· High currency fluctuation
· Lawsuits against the KFC
KFC PESTEL ANALSYSIS
POLITICAL: KFC offers fast food service. In order to attain their objectives, they have established political systems that may guide them, and they call it a welcome service. These political systems can change their attention plans and promote their company's development. To illustrate, they have employees who are active in the house where they eat. They sign contracts with employees and pay pensions. The KFC hospice dinner provides care for patients with end-stage illness. The Hospice Hospital provides food for people who are ultimately ill in the country. These foods are delivered directly to the patient's home (Dr. M. Vanishree and Dr. L. Shanthi, 2012).
ECONOMICAL: If KFC talk about the financial system, we talked about the funds. KFC offers lower monetary values. They have nutrition package; just like we purchase a package, we can get a price cut and support what KFC buy again from KFC. In this financial analysis, KFC find that the advantages of the financial system have changed KFC's international focus.
SOCIAL: KFC is one of the worldwide organizations and has begun their organization, and now they are one of the biggest organizations known to man. Why KFC can be the biggest organization. KFC fricasseed chickens have built up social associations with others or associations around the universe (Howieson, 2011)....
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