StudentShare solutions
Triangle menu

Business Strategy 2 - Essay Example

Nobody downloaded yet

Extract of sample
Business Strategy 2

Mission Statement: Mission statement is a statement which is used to describe why the organization exists and to explain what the company does to achieve the vision. The mission of a company is the one which changes as the organization develops. An example of such a statement is that of Wipro, which reads, ‘Our mission is to be a RF System Solution Provider, through its innovative research and design works for a new world of broadband wireless communications’ (Wipro Techno, 2010). The statement of company highlights its working towards the vision that has been set down by the company.
Vision: The vision of a company can be defined as the intended future that the company aims at reaching. This is a long term view and is the basis for all the planning of the organization. An excellent example of this is the vision of Wipro which reads, ‘Contribute for global e-society, where a wide range of information is being exchanged beyond time and space over global networks, which breaks down the boundaries among countries, regions and cultures, allowing individuals to take part in various social activities in an impartial, secure way. Continous effort to enhance people’s lifestyle and quality by means of developing new technology in wireless communication’ (Wipro Techno, 2010).
Core Competencies: The core competencies of an organization are the basic knowledge, abilities and skills that a company possess. This helps in classifying the organizations and to learn what the organization is best at doing. For the example of Wipro, as explained by the President and COO for Wipro Infocrossing, Sameer Kishore, ‘IT infrastructure management is our core competency and we will bring a well-proven data center transition and managed services methodology to help CSG meet its goals’ (Wipro Corporate, 2010).
Strategic Approach: The strategic approach used by Wipro is one which is goal ...Show more


Wipro is a leading IT solutions provider with a wide range of IT businesses and consumer products. The company has been recognised to be a leading global provider of high end IT solutions. The paper will deal with four…
Author : slang
Business Strategy 2
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Business Strategy 2"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Business Strategy
A well thought about and precisely considered business strategy gives guidance to a firm’s commercial success, but on the other hand, one that has not be fully understood and weak strategy is likely to result into a company’s demise or fall. (Kourdi, 2009 p3) A business should always have the right resources and the capability to be in the best position to exploit opportunities and to respond to the threats in a business environment.
7 pages (1750 words) Essay
Business & its Environment (2 questions) 1. Describe Ikea's strategy 2.Evaluate Ikea's market entry stategy in North America
IKEA's first store opened in 1958 and since then the company has grown so much that last year it had 237 stores in 34 different countries with 504,154,000 people visiting the stores. Let's take a look at IKEA's business strategy to find how this enormous growth has been achieved and maintained over the years.
2 pages (500 words) Essay
MGM465-0801A-05 Business Strategy - Phase 1 Individual Project 2
The purpose of this paper is to address the sticking points between Able and Walden and to discuss the steps that would need to be taken to address the issues. The
3 pages (750 words) Essay
MGM465-0801A-05 Business Strategy - Phase 2 Individual Project
(U.S. Housing Starts Forecast). The national figures for the whole of U.S. for the period 1995 to 2006 was 22% for new homes purchase and 78% for existing homes purchase. (The 2006 National Association of Realtors Profile of Home Buyers and Sellers, Exhibits
4 pages (1000 words) Essay
ITM501, Management Information Systems & Business Strategy, Mod 2 SLP
The problems faced by Frito-Lay were clearly stated at the start of the case as “KM problem No centralized system for finding and consolidating corporate and customer sales account information”. The problems faced by RTA were that they did not have the efficient
2 pages (500 words) Essay
Analyse the market entry strategies adopted by Starbucks, examining the obstacles faced by the management team which may have influenced the choice entry strategy used by the business on entering 2 countries: The UK and China
The most dominant paradigm in choice of entry mode is Dunning’s eclectic model which is based on ownership, locational and internalization framework (Lin, 2000). The internalization perspective pertains
9 pages (2250 words) Essay
International Business Strategy-2
In as far as implementing a strategy is concerned, the company should follow the philosophy, “Think locally and act globally.” The need of the people in different regions differ
4 pages (1000 words) Essay
Global Business Strategy 2
Labs saw its earliest success come from the explosion in growth of the Indian pharmaceutical sector during the last 1980’s and early to mid 1990’s. Following this rapid level of success, the firm was able to attract and employ a large segment of talented research and
12 pages (3000 words) Essay
International Business Strategy / Case Study 2
al., 2011). Correspondingly, this particular study will focus on comprehending the strategic positioning of HSBC in the present day business environment. The company is one of the noteworthy names
5 pages (1250 words) Essay
International Business exam questions: 1)-Is the internationalisation of production best understood from the perspective of efficiency or strategy Develop your answer using examples as appropriate. 2) Examine the uneven impact of the global financial cr
Technical and scientific revolution has the process of internationalization of production making it more intensive. Internationalization started as the inter-sectorial international
4 pages (1000 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic Business Strategy 2 for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
Join us:
Contact Us