NO AI WORK PLEASE. Maria is considering operating a local business in the beauty and cosmetology sector in the island of Trinidad. She has completed research into the operations of similar businesses locally and intends to market and sell her products initially at the local level, with the possibility of extending at the regional level in the near future. Maria 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 her business. She is also struggling with deciding on the best structure for the organization, as well as the most effective ways of marketing her products to ensure that they are more attractive to buyers than the current options. She is considering a strategic alliance but is not sure if to form links among non-competitive firms or associate with firms in an unrelated activity. Maria is aware of internal and external tools which businesses use to understand the operating environment but is unsure which ones are feasible for her business or will provide the most relevant information. Whilst Maria has a lot of ideas, she recognizes the need for help to ensure her success. As a Strategic Consultant, you are required to provide some guidance to Maria by responding to the following questions: Strategy Type Identify and discuss one(1) type of strategy that Maria needs to adopt. (Type of Strategy and definitionIntended Strategy- A type of strategy a business or organisation intends.Realised Strategy- A strategy that an organisation follows.Emergent Strategy- An unplanned strategy that an organisation identifies in response to unexpected opportunities and challenges.Non-realised strategy- The abandoned parts of an intended strategy. Deliberate Strategy- The portion of an intended strategy that is still pursued over time) NEED 100% HUMAN-WRITTEN FROM QUILBOT
NO
Maria is considering operating a local business in the beauty and cosmetology sector in the island of Trinidad. She has completed research into the operations of similar businesses locally and intends to market and sell her products initially at the local level, with the possibility of extending at the regional level in the near future. Maria 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 her business. She is also struggling with deciding on the best structure for the organization, as well as the most effective ways of marketing her products to ensure that they are more attractive to buyers than the current options. She is considering a strategic alliance but is not sure if to form links among non-competitive firms or associate with firms in an unrelated activity. Maria is aware of internal and external tools which businesses use to understand the operating environment but is unsure which ones are feasible for her business or will provide the most relevant information. Whilst Maria has a lot of ideas, she recognizes the need for help to ensure her success. As a Strategic Consultant, you are required to provide some guidance to Maria by responding to the following questions:
- Strategy Type
- Identify and discuss one(1) type of strategy that Maria needs to adopt.
(Type of Strategy and definition
Intended Strategy- A type of strategy a business or organisation intends.
Realised Strategy- A strategy that an organisation follows.
Emergent Strategy- An unplanned strategy that an organisation identifies in response to
unexpected opportunities and challenges.
Non-realised strategy- The abandoned parts of an intended strategy.
Deliberate Strategy- The portion of an intended strategy that is still pursued over time)
NEED 100% HUMAN-WRITTEN FROM QUILBOT
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
