UNIT- 7: Business Strategy

SAMPLE SOLUTION OUTLINE

Please find below outline with details to format and structure assignments, Please note you must use
Harvard style of referencing and must write assignment in your own words.
NOTE: USE Time New Roman Font with following size and style,

Main Heading: 16 Time New Roman Bold

Sub Headings: 14 Time New Roman Bold
Normal Text: 11 Time New Roman

Never include any pictures in you work try to use graphs (made with excel) where
possible.
Page #
1

3
4
5

Details
Assignment Front Page
- Fill all details name etc.
- Sign declaration and date
Title page
- Title of assignment
- Unit details
- Student details
- Word Count
- Date of submission
Index
- Must include page number, details columns
Acknowledgement
- Must acknowledge work of writer used in assignment
Research Methodology
- Explain used of research methods
- Secondary or Primary research
- Limitation of research
- Mitigation of limitations
Keep it brief and must include it
Assignment Start:
Must start with required format as in this assignment it is required to write a
briefing paper so Memo title will be an appropriate start for it.
- After title write small introduction about your role than
- start with TASK 1 title
- Carry out detail analysis and for each sub task you must use sub heading
- Task2
- Task3
- Task4
Conclusion

10

For each task formulate individual conclusion and then provide summarized
conclusion at the end
Appendices
- Use this for including any supporting data used in your work
- Indicate separate number for every appendices and make sure you reference them
properly in your work
List of References
- Must use appropriate references list
- Use at least 5 to 10 books, 5 to 10 academic journals and website as many
references in your work
Provide Evidence of work sheet attached to your assignment.

Tasks:
Introduction:
(Briefly detail Honda background and discuss current strategy) (100 words)
Task 1.1: Assess how missions, visions, objectives, goals and core competencies inform
strategic planning (350 words)
(Briefly explain each and identify core competences of Honda)
Mission:
Vision:
Objectives:
Goals:
Core Competences:
Task 1.2: Analyse the factors that have to be considered when formulating strategic plans
(Consider Business and strategic direction) (500 Words)
Factors:
Strategic Direction:
Internal Analysis:
(Discuss technique like SWOT in general, discuss what factors SWOT includes. No need to
carryout SWOT for Honda here) - (One PARA)
External Analysis:
(Discuss technique like PESTLE in general; discuss what factors of PESTLE in brief. No
need to carryout SWOT for Honda here) - (One PARA)
Task 1.3: Evaluate the effectiveness of techniques used when developing strategic business
plans (450 Words)
In one para discuss internal and external factors effectiveness in general. Second para
discuss SWOT analysis benefits and third para PESTLE analysis benefits.
Task 2:
Task 2.1: Analysis of the strategic positioning of Honda Atlas Cars Pakistan Limited. by
carrying out organisational audit. (500 words)
(SWOT analysis of Honda no need to give details of general SWOT analysis as above)
Task 2.2: Carry out environmental audit for Honda Atlas Cars Pakistan Limited.

(PESTLE analysis of Honda only)- (500 words)

Task 2.3: Assess the significance of stakeholders analysis when formulating new strategy
Stakeholders analysis:
1st para- (Define and give some examples) (100 words)
2nd Para- (Discuss significance (importance) of stakeholders)(100 words)
Task 2.4: Present a new strategy for Honda Atlas Cars Pakistan Limited.
1st para- Identify Honda current actual strategy and discuss its effectiveness. (150 words)
2nd para- Suggest new strategy for Honda give details what benefits Honda may have from
it. (350 words)
Task 3:
3.1: Analyse the appropriateness of alternative strategies relating to market entry,
substantive growth, limited growth or retrenchment for Honda.
1st para write about alternative strategies and detail types.
2nd & further paras: Write about in regards to above strategies select models like Strategic
clock, collaboration, cost leadership, differentiation etc. (refer to chapter 8 & 9 Emily Wolf
P3 ACCA book)
Draw diagrams of models used do not copy past any.
Select strategy and elaborate it in detail. (550 words)
3.2: Justify the selection of a strategy
Write in small paras detailing why you chose this strategy in 3.1 and detail benefits in
comparison to other strategies. (300 words)
Task 4:
4.1: Assess the roles and responsibilities of personnel who are charged with strategy
implementation
Identify who is en-charge of strategy (CEO, CSO, CCO, Board of directors, Mother
Company). Detail what should be their role and responsibilities. Also refer to Honda case
how they can better change company in future. (300 words)
4.2: Analyse the estimated resource requirements for implementing a new strategy for
Honda.
From balance sheet of company estimate what is the cost of build and how much it should
cost for a new one including inflation. Also identify what are the detail expenditures in
implementing new strategy you have suggested like, feasibility study, inbound logistics,
outbound logistics, training, development, etc. Must explain booth in detail. (400 word)
4.3: Evaluate the contribution of SMART targets to the achievement of strategy
implementation in Hond.
1st para define and explain what SMART targets are. (100 words)
Further Paras detail implementation of SMART (one by One) on Honda (400 words)
Must for Conclusion at the end of analysis (300 words)