Strategic Business Analysis Online Tutoring
Strategic business analysis is the assessment of business finance, marketing and operation to form insight of a company to develop long term plan to accomplish its vision and mission. The analysis requires unique tools and effective knowledge to critique and further assess the development plans. With the best assistance from My Assignment Help Australia, it is much easier to get Business Analysis Online Tutoring. Not only the professionals provide writing services; video presentation, case study help and other practical approach to study is also catered. Moreover, the Online Tutoring Australia also make sure to eliminate traces of plagiarism and produce quality content.
What is Strategic Business Analysis?
Strategic Business Analysis are those decisions and actions made by management in order to understand the effect of strategic events mainly; setting up a factory in any new location, development of new product line, choosing organizational structure, new technology investment, risk managing, employing staff, change implementation and compliance with relevant rules and regulations. While traditional business analysis focus on individual items, strategic business plan deals with things from corporate perspective and longer term view. Today, it is hard to separate it from strategic management and planning as management tailor with changing business environment.
Characteristics of Strategic Business Analysis
- Long term view: For business analysis to be strategic in nature, it must be a long term view. For example, when designing a balanced scorecard, management should keep in mind the effect that what each objective and target in the strategic map will do for the long run survival of the business.
- Main focus on external activates and events: Managers spend time collecting and interpreting information from external sources which improves the process of decision making. Interaction with the organization and people outside the entity could be useful to achieve the goal.
- Emphasis on qualitative matters: Qualitative emphasis refers that manipulation of figure and detailed calculations are at times insignificant. What a business need is a big picture. Qualitative factors can’t be ignored else the businesses failure will loom.
Looking for Help with Strategic Business Analysis?
While conducting the method of analysis and incorporating the concepts, students often end up with false results due to lack of knowledge about models operation and implementation. For example, in PESTLE analysis, students make mistake focusing on one category providing a vague goal. Example: customers are included in social factor; ignorance to this part may challenge the business to face hard time in selling products. Typically, a slight error in conducting the analysis may result in false conclusion. The subject knowledge isn’t quite enough, a deal of critical analysis is essential to portray the knowledge. The Online Tutoring Australia have vast range of PhD professionals and experts in this field who provide instant Online Tutoring. Here, assignments are prepared from scratch with practical and theoretical knowledge avoiding bits of plagiarism. MyAssignmentHelp Australia follow their motto of providing premium quality assignment at affordable rates. Don’t you ever worry for assistance, fill your basic information and upload the assignment on our site, and wait for us to get back you shortly. We have got you a reliable provider; rely on us for achieving your academic targeted goals.
What should you be expecting in Strategic Business Analysis Online Tutoring?
In strategic business analysis assignment, typically tasks are given to formulate a marketing plan to attain organizational marketing objectives. Most of the assignments are split into two parts:
Part 1: To perform external and internal analysis of organizational environment.
Part 2: Using the earlier collected information, plans are articulated to apply marketing strategy.
In order to score well it is crucial to understand the marking rubric. In a strategic business analysis assignment, data analysis and interpretation of test are done to create strategic directions. Main effort should be given to use effective analysis tools for formulation and implementation of strategic decisions. A strong hold on strategic management framework and concept is essential to draft a well-organized assignment. Sound knowledge and focus on pressure point could be useful while preparing strategic business analysis assignment.
Pressure Point 1: It includes PESTLE, Porter’s’ force and SWOT analysis are common known methods to analyze organizational environment in strategic business analysis assignment.
- The PESTLE provides a base for SWOT analysis. It is used to identify the political, economic, social, technological, environment and legal factors. This type of analysis helps to understand the external factors effecting the organization in both negative and positive ways.
- After PESTLE, SWOT analysis is directed to analyze both external and internal environment of the company. It helps to estimate the position of the company by outlining the strengths, weakness, opportunities and threats that the businesses face.
- After conducting the above analysis, conduct Porter’s five forces to determine the profitability and magnitude of competition in a business. The five forces are; threat of new entry, competitive rivalry, supplier power, buyer power and threat of substitution. All the forces signifies source of competitive pressure within an industry. It can help to determine how company maintains various level of profitability.
Pressure 2: It involves the created valuable objectives implementation. The extensively used methods for implementation of strategy are preparing balanced scorecard, budgeting an applying Ansoff matrix.
-Balanced scorecard helps to arrange business activities to the strategy of organization. After this, stakeholder analysis is done to realize how decision impact key stakeholders.
If you are struggling with all these concepts, give a try to strategic management /business analysis Online Tutoring. Some students may hesitate to take Online Tutoring in strategic business analysis as they are unconvinced about the relevancy of solutions. The experts at My Assignment Help Australia advices the student to solve the problem and prepare a report on their own. In case, if they don’t get any specific part or the entire question, we will happily encounter those problems. Even if you drop your assignment near the deadline, the urgent Online Tutoring services will always be available to cater your Online Tutoring requirements.