Critically evaluate the key issues that strategic analysis plays in a business or organisation thatyou are familiar with.You are required to make journal posts. And should be 500 words Use a mini...

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Critically evaluate the key issues that strategic analysis plays in a business or organisation thatyou are familiar with.You are required to make journal posts. And should be 500 words
Use a mini reportformat for post. An executive summary is notrequired.Sources should be acknowledged in-text and a reference list (not included in the length) should be posted at the end. Appendices can be included.Question no 1:Introduction: Briefly describe the background information of the organisation (or SBU) chosen. Thisinformation should be brief and relevant to the discussion of your assignment and thus mayinclude ownership, history, size, business scope, major products/services, and major marketsof the organisation (or SBU).Conduct a macro-environment analysis for the entire industry within which the organisation (or SBU) operates. You should use the PESTEL model and focus on understanding the purpose of this analysis, the identification of key factors and their implications in terms of key opportunities and threats, and discussion of their overall impact on industry growth in the future.Draw your conclusions based on your macro-environment analysis.
Answered Same DayNov 29, 2020MGT510Charles Sturt University

Answer To: Critically evaluate the key issues that strategic analysis plays in a business or organisation...

Soumi answered on Dec 01 2020
128 Votes
Running Head: STRATEGIC MANAGEMENT    1
STRATEGIC MANAGEMENT         2
ROLE AND ISSUES OF STRATEGIC ANALYSIS IN WALMART
Table of Contents
Introduction    3
Using PESTEL Model for Macro-Environment Analysis of Retail Industry    3
Purpose of PESTLE    3
PESTLE Analysis of Walmart    3
Key Opportunities and Threats    4
Overall Impact of Industry Growth on Future of Walmart    4
Conclusions    4
References    5
Introduction
Walmart is one of the biggest retailers across the globe. It operates a chain of hypermarkets, grocery stores and departmental stores. It follows a policy of low price coupled with variety. Walmart deals in large variety of goods and offers the products at the lowest possible price. Majority of the market is in the US (Banerjee, 2015). However, Walmart has made its presence across the globe. If faces tough competition from its competitors in few areas of the globe.
Using PESTEL Model for Macro-Environment Analysis of Retail Industry
Purpose of PESTLE
Analysis of external environment of a firm is of prime importance for any organisation. According to Gandhi and Shankar (2016), PESTLE analysis is one of the best tools for such purpose. It covers all the aspects of external environment and ensures that all the external threats and opportunities are identified.
PESTLE Analysis of Walmart
Walmart operates across the globe therefore, it has to adhere to the policies of all the countries. Government policies like restriction in foreign direct...
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