Organisational strategy and decision making Essay

Organisational dodge and decision making - Essay usageIt has also been observed that the company had set certain strategic directions for future, such as enlarging note in growing economies and empowering its competitive positioning among others. In order to mitigate the strategic issues and successfully attain the strategic directions for future, certain recommendations comprising both short and long-term have been provided. These include adopting, as advantageously as utilising, the strategy of cost leadership and making substantial investments, especially in developing the performances of the entire workforce. Table of limit Abstract 2 Introduction 4 Internal AuditStrengths and Weaknesses 5 Strengths 5 Weaknesses 5 away Audit Opportunities and Threats 6 Opportunities 6 Threats 6 Discussion 7 Evaluation 9 Conclusion 11 Recommendations 12 References 14 Introduction Strategies atomic number 18 fundamentally described as the ways that a detail organisation selects to compete w ith its key business market competitors or to comply with the requirements of the customers. In this similar context, organisational strategies are often defined as a pattern of effective policies, decisions, performances or programmes that support an organisation to pass on its predetermined business goals and most significantly to attain significant competitive position over the major business market contenders (Rothwell, 1998). It has been apparently observed that the organisational strategies adopted as well as implemented by the organisations affect their decision-making procedures by a significant level. This is owing to the reason that the organisations deeply rely upon formulating effective strategies for the project of controlling as well as coordinating the information flow amid different parties such as the employees, stakeholders, investors and the customers (Fairholm, 2009). Tesco PLC is regarded as one of the biggest retailers in the entire globe which performs its business functions in 14 nations. The company employs nearly 5, 00,000 personnel and serves significant portion of customers every(prenominal) week (Tesco, 2013). The visions of the company are to attain utmost care for from the customers that it serves and also the communities where it operates its different operational functions. Moreover, the other major vision of the company is to flourish itself as a pioneering as well as a modern company and grow its business in every region throughout the globe (Tesco, 2013). In this discussion, the internal audit of Tesco in the form of strengths as well as weaknesses and the external audit in the form of opportunities along with threats will be taken into concern. Moreover, a comprehensive analysis about the different strategic directions of the company will also be visualised in the discussion. Internal AuditStrengths and Weaknesses Strengths One of the major strengths of Tesco is that it is a leading organisation in the business marke t of the United Kingdom and is known as one of the best retail chains crossways the globe. Moreover, the other strengths of the company are strong brand recognition, increased business reputation and deliverance of super quality products in accordance with meeting the requirements of the customers. In addition, the execution of e-retailing activities while conducting business is also regarded as the other crucial strength of the company. In this similar context, the company has acquired success due to its formulation