Recent Questions and Assignment Topics

Business Strategy

Read PDF

Solution

It is well-known fact that organisations are using business planning strategies in order to drive the business in an optimal manner. They are adopting financial planning for allocating financial resources to the stakes in order to meet the strategic goals of the objectives of the organisation. In order to build reputation and popularity in the world’s market strategic planning plays an imperative role in the organisations. In other words, it is a planning which enables the organisation to develop a mission statement by thoroughly analysing the internal and external organisational environment.The main purpose of this report is to analyse the operational and strategic business of the IKEA organisation. This report is about an organisation namely “IKEA” which is engaged in the business process of designing and selling various products which involve kitchen appliances, ready-to-assemble furniture, home accessories, etc. By providing quality enabled products and services to the customer the company has become the world’s largest furniture retailing company.The base location of the company is in Sweden and it is founded in the year 1943. Due to the existence of large businesses, the organisation is having complex organisational and corporate structures. The organisation operates its business in near about 252 countries. It has been recorded in the year 2018 the company has earned €38.8 billion (US$44.6 billion). BY developing a business strategy, the organisation would be able to sustain in the competitive market without any threat of substitution. In the report, how the internal and external environment of the company inflames the performance aspects of the stakes would be briefly analysed. In order to evaluate the world’s market strategies, PESTLE analysis would also be conduct in the report for IKEA organisation.Moreover, in order to proactive analyse the market demand and strategic business of the organisation the outcomes of porter’s five forces model would be investigated effectively. Furthermore, in the report, the significance ofstrategic direction plan would be analysed and evaluated with a brief description. In the last section, a brief summary is mentioned in which
Latest Reviews
Mischa Barton, Brisbane
just now

The presentation made by the writer of quickassignment.co.uk covered all the main points along with the proper explanation in the form of notes. My tutor was very much satisfied with the quality work.

Andrew, Manchester
21 minutes ago

I would prefer Quick Assignment for quick and perfect assignment help for IT assignments. Had a great experience with them. Thank you.

Stephen, Glasgow
23 minutes ago

Taking assistance from Quick Assignment was my best decision as I have attained very good marks in Management assignment. I would recommend this portal to my friends to get best assignment help.

John Debney, Bristol
29 minutes ago

 Construction Engineering Great service…. I have never been disappointed by the quality of work provided by Assignment Service Leeds