Strategic Management Assignment Help
Strategy is an essential requirement for any business to achieve its organizational goals, be it for short term or long term. It is a tool which is used to identify the right direction and scope of the firm, even to analyse the business decisions which may come out with the best results. It actually drives authentic and reliable plans and policies which can help out in meeting the market needs by using the proper resources. There are several tools used by managers to formulate a business strategy. Some of the more popular tools are PESTEL analysis, SWOT analysis, Porter’s five force analysis, etc.
To plan a strategy and manage a strategy comes under the subject known as "Strategic Management". MBA students basically deal with this particular subject and require to do lots of assignments on strategic management. Although it is not so complicated, but students take it as a boredom task. They find difficulty when they formulate all the applied theoretical concepts in words. Usually, strategic management assignment comprises of more than 2000 words, which is not at all an easy task, hence they seek professional assistance for strategic assignment. At EssayCorp, our management experts provide the best strategic management assignment help to the students before the deadline.
Brief on Strategic Management
Strategic management basically includes two factors "Formulation" and "Implementation". These both elements are important in every initiative taken by the top management of a company. It oversees and specifies the organization's objectives to formulate and implement the planned strategy. Domain experts have developed various frameworks and models to easily implement the proposed strategy. Strategic management is not a one-time process; it is a dynamic process which keeps on changing from time to time. Strategic management is also related to strategic planning and strategy thinking.
Elements of Strategic Management
A strategy has three main elements; strategic analysis, strategic choice, and strategy implementation. Strategic management is an iterative process and can be represented as a loop. Below is a brief on the elements of strategic management. For a more detailed excerpt seek our strategic management assignment help.
- The environment – PESTEL and SWOT analysis are very important tools to assess the business environment.
- Resources – A firm must assess its own strength and weakness like plant capacity, financial strength, etc.
- Expectations, objectives and power – The expectation of the different stakeholders must be kept in mind.
- Evaluation of options – A company must evaluate its different course of action available.
- Modification of existing alternatives – The alternatives must be modified to suit the business environment at the given point.
- Right selection of strategy – From the many strategies, the right one that is in line with the company’s objective must be selected.
- Planning of resources – At this point, a resource planning would be required. All the resource needed for the project would be evaluated.
- Organization structure – To facilitate the strategy, the organizational structure might need to be changed.
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Why Students Find Strategic Management Assignment Difficult
Strategic management can prove to be cumbersome for students who have opted for a management program. Nevertheless, it is an essential part and needs to be done to complete the degree with flying grades. It is essential because of the weight it carries in the final grading of the subject. Following are the reasons why students find the assignment on strategic management to be difficult.
- Abundance of concepts – There are numerous concepts involved in strategic management that a manager has to apply in the field and a student has to learn in order to become a manager. It creates difficulty for the students as they cannot keep track of all the concepts and implement them while doing the assignments.
- Similar sounding concepts – Students also get confused because of concepts that sound alike but are different in application and purpose. This is a very big mistake in any assignment on any subject as the answer is considered to be wrong. It also creates a negative impression on the evaluator that the student was not attentive enough during the writing of the assignment.
- Case studies – The case study of strategic management is no piece of cake. It requires extensive research and a proficient knowledge of concepts and its application in a particular scenario.
- Lengthy assignments – The length of the assignment is the most crucial reason why students face difficulty. Students struggle to meet deadlines and if the deadlines are met, then the quality of the assignment suffers.
Therefore, we at EssayCorp have hired writers who are adept at writing assignments and homework. They can provide you with the best strategic management assignment help that will elevate your grades.
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Some Strategic Management Assignment Topics
EssayCorp is a reliable source for academic help that always aims to assist the students in an effective way. Our experts sincerely carry out the steps to generate better results in assignment requirements. Our writers, who have wide experience in writing management assignments do it all for you with high quality. It is our assurance that you are never going to complain against quality. You can even get your assignment before the deadline so that students need not face any hassle on submission day.
- Strategic leadership and corporate level strategy.
- Cooperative strategies and competitor analysis.
- Organization structure and control and corporate governance.
- Strategic competitiveness and planning.
- Internal environment analysis and external environment scanning.
- International business strategy and international entry modes.
- Strategic entrepreneurship.
- Strategic Marketing Techniques.
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Process Covered In Our Strategic Management Assignment Help
- Goal Setting -This stage consists of three aspects, to define short term and long term objectives, identify the process of accomplishing the goal,customize the process for your staff.
- Analysis -It is one of the important stages amongst all because here only analysts gather the valuable information and relevant data to accomplish vision. It identifies strengths, weakness, threats and opportunities of the organization.
- Strategic Foundation -It actually determines the resources business currently has that can help it reach the defined goal and objectives. In this, issues are prioritized by their importance to your success. Once all are prioritized, begin formulating them.
- Strategy Implementation -The next step is to implement the formulated strategy. Successful strategy implementation is critical to the success of the business venture. If the overall strategy does not work out with the expected result with the business' current structure, a new structure should be installed at the beginning of this stage.
- Evaluation and Control -This is the final step of the process. It measures performance, implemented action, consistent review of internal and external issues and finding their effective solution.
Strategic Management Assignment Help by EssayCorp
We provide a reliable assistance to the students who are overburdened by various assigned tasks. Our professionals believe in offering the best assignment services with their specialization in relevant field. The delivered homework is free from plagiarism and proofread by many writers that help you in achieving good grades.
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ACI Limited is one of the leading manufacturing company in Bangladesh. This companycaptures the whole Bangladeshi market and the international market by their good practice of strategic management. By this assignment, many strategic practice or theory is represented.Actually this guides all other management processes in a systematic, coherent, and effectiveapproach. It is a continuous activity of assessing the strategic direction of the organization and itsbusiness, and making decisions on a day-to-day basis addressing changing circumstances. ACILimited presents their strategic planning at first that can help them to identify their goal, missionand objective. Through the strategic management the company can identify its strength,weakness, opportunity and threats that can make the company more competitive in the market.
Then the company‟s growth mostly depend on its external environment that include PEST
analysis and he internal environment which includes the value chain analysis. ACI Limited takesthe better position by their core competencies and ensure safety of it products and operations forthe environment by using standards of environmental safety, which are scientifically sustainableand commonly acceptable.