MBA 7002 - PESTEL Analysis - Porter's Five Forces Model - Ansoff's Matrix - BCG Matrix - Strategic Management Report Writing Assessment Answer

Assessment Task:

Opportunities Never Cease for Entrepreneurs with Strategic Minds - Strategic Management Assessment Answer

Topic: 

Opportunities never cease for entrepreneurs with strategic minds

It is unbelievable that the great majority of the richest entrepreneurs were born poor and they were uneducated. There is an opinion that opportunities are dwindling and the risk of doing business is rising in slow-growing national economies, a phenomenon experienced by many countries today. An opposing positive opinion is that opportunities arise only with socio-economic changes and the prudent entrepreneur envisions great opportunities in socio-economic, technological, and cultural volatility. One recent example is Facebook where the opportunity for Mark Zuckerberg emerged due to technological and social changes. Other examples in the recent past were Starbucks and social media. What is important is creative envisioning futuristic opportunities in socio-economic, and technological changes, matching with capabilities, invest and manage the venture strategically. The value of analytical models cannot be underestimated in planning a successful business with the identified opportunity. 

Task

1.    Identify a worthwhile opportunity and asses the identified opportunity using the PESTEL framework AND Porter’s five force model.

2.    Position the opportunity in the Ansoff’s opportunity matrix. Show the strategic growth paths from the initial quadrant to other quadrants as the company capture more opportunities.
3.    Show and explain how a company benefits from the BCG Matrix. What would you advise to a company which occupies a weak position in the “Dog” quadrant? What would be the generic strategy for a company in “Star” quadrant?? 

Assessment criteria

The following criteria will be used when marking your Assignment:

1.    Creatively identifies an opportunity and justifies the selection using the PESTEL and Five Force Model 
2.    Correctly placed the opportunity in the Ansoff’s matrix and explained the possible shift to other quadrants afterwards 
3.    Excellent and logical recommendations to the “Dog” and “Star” ventures in the BCG Matrix 
4.    Extent and relevance of references and conformity to Harvard systems of citations 

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