Assignment: Management
A. What are the opportunities and threats that could impact the organization?
a. Review all the general environmental categories. (PESTEL Analysis)
b. Use Porter's Five Forces model to analyze the company's industry. Identify key competitors and analyze their strategies, core competencies, and competitive response.
B. What are the strengths or weaknesses of the organization?
a. Review factors within the company that are critical to the strategy of the firm and classify them as strengths or weaknesses.
b. Look for resources, capabilities, and core competencies.
c. Use the "Four Criteria of Sustainable Competitive Advantage".
C. In the past, BMW has been able to successfully differentiate its products by engaging in value-adding value chain activities. What are some of these specific activities? How can BMW ensure its ability to continue with value-adding activities as it evolves into a maker of self-driving cars?
a. Use the "Value Chain Analysis" to identify value-adding activities and functions.
b. This question is not about Business or Corporate level strategies. focus on the functional level.
Format your assignment according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.