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organisational strategy and decision making - Essay Example
Pages 10 (2510 words)
Organisational Strategy and Decision Making Abstract The business organisations generally intend to devise and implement effectual organisational or business strategies in order to accomplish their predetermined business goals. Tesco is regarded to be one of the biggest retailers throughout the globe, which serves millions of customers weekly…
It has also been observed that the company had set certain strategic directions for future, such as enlarging business in growing economies and empowering its competitive positioning among others. In order to mitigate the strategic issues and successfully attain the strategic directions for future, certain recommendations comprising both short and long-term have been provided. These include adopting, as well as utilising, the strategy of cost leadership and making substantial investments, especially in developing the performances of the entire workforce. Table of Contents Abstract 2 Introduction 4 Internal Audit–Strengths and Weaknesses 5 Strengths 5 Weaknesses 5 External Audit – Opportunities and Threats 6 Opportunities 6 Threats 6 Discussion 7 Evaluation 9 Conclusion 11 Recommendations 12 References 14 Introduction Strategies are fundamentally described as the ways that a particular organisation selects to compete with its key business market competitors or to comply with the requirements of the customers. ...
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