Clearly identify and discuss three (3) internal and three (3) external drivers, which Peter needs to consider as part of his strategic planning exercise relative to the case presented. Information from the scenario must be included to support the discussion. Internal drivers: Profits & Revenue, Mission, Vision, Political Environment, Ethics & Coporate Social Responsibility, Corporate Culture External drivers: Innovation/Change, Market Shifts & Creation, Taxes & Regulations, Customer Needs, Technology Advancements, Globalisation, Competitors
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Clearly identify and discuss three (3) internal and three (3) external drivers, which Peter needs to consider as part of his strategic planning exercise relative to the case presented. Information from the scenario must be included to support the discussion.
Internal drivers: Profits & Revenue, Mission, Vision, Political Environment, Ethics & Coporate Social Responsibility, Corporate Culture
External drivers: Innovation/Change, Market Shifts & Creation, Taxes & Regulations, Customer Needs, Technology Advancements, Globalisation, Competitors
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- Scenario:Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to…Scenario:Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to…Please read the scenario and answer the following questuion. Peter is considering operating a local business in the textile, clothing and footwear sector. Peter has completed research into the operations of similar businesses both locally and regionally and intends to market and sell his products both at the local and regional level at the same time. Peter understands that to shape the business’s overall strategy there are various strategic drivers both internally and externally which must be considered and wants expert advice on these drivers relevant to his business. He is also struggling with deciding on the best structure for the organization, as well as the most effective ways of marketing his products to ensure that they are more attractive to buyers than the current options. Peter is considering a strategic alliance but is not sure if to form links among non-competitive firms or associate with firms in an un-related activity. He is also aware that even other types strategic…
- Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…
- Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…
- Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…Peter is considering operating a local business in the textile, clothing and footwear sector. Peterhas completed research into the operations of similar businesses both locally and regionally andintends to market and sell his products both at the local and regional level at the same time. Peterunderstands that to shape the business’s overall strategy there are various strategic drivers bothinternally and externally which must be considered and wants expert advice on these driversrelevant to his business. He is also struggling with deciding on the best structure for theorganization, as well as the most effective ways of marketing his products to ensure that they aremore attractive to buyers than the current options. Peter is considering a strategic alliance but isnot sure if to form links among non-competitive firms or associate with firms in an un-relatedactivity. He is also aware that even other types strategic alliances exist but does not have a goodgrasp on this area to make an…