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1584 Strategy in Action Tuhin Kamrul Shahnewaz.docx -...

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Applied Business Project
Contents1. Introduction..................................................................................................................................31.1 Summarizing business level strategy.....................................................................................31.2 Summarizing the organization is doing well or not...............................................................31.3 Summarizing the reasons for the organization’s success.......................................................41.4 Owns and controls the organization.......................................................................................51.5 What they are trying to achieve?...........................................................................................51.6 Fit or Missmatch....................................................................................................................51.7 My reasoning.........................................................................................................................62. Main body....................................................................................................................................82.1 Carrying out Porter Five analysis..........................................................................................82.2 Identifying particular industry.............................................................................................102.4 Analysing the industry of Unilever to find the capabilities they need to compete its rival.103. Conclusion.................................................................................................................................134. References..................................................................................................................................14
1. Introduction1.1 Summarizing business-level strategyAn organization's capacity to compete in its industry may be enhanced by strategic management,which comprises the creation and implementation of plans to achieve predetermined objectives.Strategic management frequently considers the optimal allocation of personnel and resourceswhile seeking to accomplish a certain objective. In order to make the judgments and decisionsnecessary to reach its goals, every organisation has to have some degree of strategic managementin place. The Unilever business has been selected as the preferred vendor for the purpose ofconstructing this facility (Kumar et al., 2021). Like many other successful companies, Unileverhas relied on a three-pronged approach to strategic management to sustain growth over thecourse of many years.Figure 1: Levels of Strategic management (Kumar et al., 2021).
1.2 Summarizing the organization is doing well or notUnilever's corporate level is the pinnacle, and the choices taken there will have far-reachingeffects on the company's mission and the objectives of every subsequent level. Corporatestrategy refers to the choices made by senior management to enter and gain a competitiveadvantage in many markets or industries. The success and reputation of Unilever may beattributed in large part to the company's strategic business strategy (Modi, 2019). Customers'demographics, geographic region, lifestyle, values, beliefs, eating habits, personality types,shopping habits, and brand loyalty are all taken into account to provide the best possible service.Unilever uses a wide variety of functional strategies, including those in the areas of marketing,finance, production, and R&D. The company's investments in R&D are yet another instance. Forthe larger corporate plan to succeed, it will be necessary to make distinct tactical decisions oneach of these strategies. Managers in each of Unilever's departments are charged with ensuringthat their employees' day-to-day activities help advance the company's strategic goals (Modi,2019). Personalized metrics for monitoring development toward broad goals will have to becreated and put into practice. The longevity of Unilever as a global icon speaks to the company'ssuccess in maintaining its infrastructure at every level. There are no obvious holes in the currentadministration of this company.

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Term
Fall
Professor
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Tags
Fast moving consumer goods, Unilever PLC

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