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Business Management Essay

2832 words - 12 pages

Table of Contents
Executive Summary 2
About Sri Lanka Telecom 3
Industry evaluation 3
Porter five forces: 5
Threat of latest entrant 5
The bargaining power of consumers 6
SWOT analysis tool 8
Strength 8
SWOT version 8
Strengths: 9
Weakness: 9
Opportunities: 9
Threats: 10
Recommendation 10
Conclusion 11

Executive Summary
Strategic Management is defined as set of got motion and conclusions that enables in shaping the long-run typical overall performance of the commercial company. It’s far at the side of environmental scanning, each inner and out of doors surroundings, and approach method, implementation of strategies, assessment and control techniques. ...view middle of the document...

The SLT group affords a complete range of ICT centers and services in the areas of voice, data, broadband, wholesale, business enterprise, television and cellular services.

Industry evaluation
What is enterprise competitiveness and what are its characteristics, what is high competitive enterprise, what takes place while dealing with high aggressive industry
"The company's proximate environment is its enterprise surroundings; for this reason the focal point of our environmental analysis could be enterprise analysis." (Furnish, 2010, p. 67).
Furnish (2010) relates industry evaluation to each company and enterprise strategies. Company approach to decide which enterprise the firm to perform and allocate it resources accordingly that needs deep take a look at for the industry profitability degree that itself depends at the completive intensity.
Enterprise method is to work to gain completive advantages by means of studying the clients' specification and locate the exceptional manner to fulfill their desires.
The environment of the firm includes all outside elements that have impact on its strategy. As in keeping with PESTEL evaluation, environmental effects are grouped into political, reasonably-priced, social, technological, prison and environmental forces. The primary purpose of the external environmental analysis is to decide the maximum related forces that impact the company to be considered correctly at some stage in the strategy choice. The contribution of outside environment analysis is to assist the employer to generate income and to achieve this firm need to recognize its clients, suppliers and the completion intensity.
"The core of the company's commercial enterprise surroundings is fashioned by its relationships with 3 sets of gamers: clients, suppliers, and competition. This is its industry surroundings." (Provide, 2010, sixty eight). Enterprise analysis begins with the choice approximately the service or product and the markets, talents and businesses exist inside the industry. Industry analysis will have a major effect at the competitive where each enterprise has its own traits which have the main contribution at the corporations to enter/exit or maintain within the enterprise. Two principal areas need to be considered for enterprise evaluation; company's external surroundings (macro-surroundings) and organization's inner environment (micro-environment)
Successful strategy for enterprise evaluation ought to begin from a predefined long time goals that could recognize the surroundings factors alongside the to be had capabilities and sources followed via effective implementation. As a fashionable method, the company ought to align its characteristics and be regular with the external surroundings.
In beyond, the economic system became prepared around the organization whereas these days, the financial system is organized across the market. It’s far required for any company to apply some strategic evaluation gear to observe the...

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