How strategy development tools are used in business


Assignment Title Essay - Key Strategy Development Tools

Purpose of the assessment (with ULO Mapping) - Students are required to write a Comprehensive discussion of any three of the strategy models, with practical application to current business examples

Assignment Specifications -

Purpose - This assignment aims at ensuring that students have familiarised themselves with the foundational strategy development models and are able to relate them to current practical business examples.

Details - Write an essay explaining what the main strategy development tools are and how they are used in business. Your essay must contain a comprehensive discussion of 3 of the following: PESTEL, Five Forces, Resource-Based View, PROFIT, Input/Output, SWOT Analysis (you may include Cross Impact Analysis), Generic Strategies, Ansoff, Ghemawat, with reference to academic journals and practical examples from industry.

In this essay, sub-headings are permitted. Be sure to use paragraphing. Be sure to reference your sources in-text and provide a list of references at the end, all in Harvard style.

Assignment Structure -

One page for your explanation of each model, including the example.

Thus, a half page introduction, then 3 pages for the explanation of the 3 models, plus a half page conclusion.

Add a cover page at the front.

Add a Reference List at the end.

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