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6MNST001W Global Strategic Management
Question:
Evaluate the strategies that managers use to help organisations adapt in an uncertain or complex global environment.
Critically evaluate the internal environment of companies through modern tools and dynamic concepts.
Critically evaluate alternative policies and strategies a company may adopt to meet stakeholder needs and mitigate risk within changing external environments.
Develop appropriate criteria to evaluate strategic options within a range of situations in conditions of limited knowledge or uncertainty.
Understand the importance of and demonstrate strategic corporate social responsibility in the formulation and implementation of the strategic management process.
Answer:
Introduction
The acquisition by Amazon of Whole Foods is a huge turning point for the retail industry. Amazon’s tentative steps into brick and mortar and fresh food areas are actually surprising. At one stroke, Amazon has managed to get hold of a countrywide cold chain, a worldwide sourcing network, deep fresh sourcing proficiency, and absolute integrity in private label food. Amazon Whole Foods has become the biggest strategic threat to traditional grocers. Amazon has aimed at serving in the best way possible by the expansion of the whole appeal of Whole Foods stores to a wider range of customers. Whole Foods has brought a lot of valuable capabilities to Amazon. Amazon has received the option of pairing their extremely effective, technology-driven, centralized approach to retailing with a regional insight in a completely efficient and complementary manner (Thomas, 2017). This report would be looking at the strategic position of the organization currently by carrying out analyses of their strategies, ethical position, and leadership. In terms of that, the organization's internal and external environment, corporate strategy, culture, leadership and CSR issues would be discussed. To carry out the environmental analyses PESTLE and Value Chain models would be used. Read More
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