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The strategic audit system is a diagnostic tool to pinpoint an organization’s strengths and weaknesses. Use the Strategic Analysis Framework and other tools in order to conduct a strategic audit. Yo
The strategic audit system is a diagnostic tool to pinpoint an organization’s strengths and weaknesses. Use the Strategic Analysis Framework and other tools in order to conduct a strategic audit. You might consider using a SWOT analysis for both companies to analyze each companies situation.For this assignment, a mini strategic audit will be conducted for two companies with an overall goal to compare how each company differs in the strategy management and implementation, while indentifying the importance of strategic management.Assignment RequirementsConduct a mini Strategic Audit on e-company Tigerdirect.com and Best Buy, Visit the each company’s website at Tiger Direct at http://www.tigerdirect.com/ and Best Buy at www.bestbuy.com. After conducting research, identify key strategies that each company has in common. List a brief introduction of each company, to include the Mission Statement and compare key aspects of each company. Identify the importance of strategic management based on your research. Be sure to include the concepts identified in the readings for this week's topics.Submit your answers in a 1000 word, APA style paper. Include a title sheet and 2-3 references.
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*********** ***** ** ********* Tigerdirectcomcom *** **** *********** ************************** ****** ******* ************************** is * ****** ****** and ******* ******** ** ********* *** ******** electronics ** is * ******** ********** Its headquarters *** in ************* ******* Tigerdirectcomcom *** *********** ** serve *** ***** ** computer ***** *** ***** it is *** of *** industry's top ******** and computer-product retailers ** ** * Fortune **** company *** ******* ******** of ***** **** and ******* label ******** ********* personal ********* ******** computers ******** *********** **************** *********** technology ******** *** ********** ******** Mission statement: ********** ** ********* and *********** ************* ********* system ** provide customers * ****** ******** experience by ******** *** **** ****** *** ******* ** * broad range of ******** *** *************** Buy ******* IntroductionBest Buy *** founded ** 1966It is a ****** ******** electronics business that owns **** *** *** *** **** *** ******* ****** ****** *** ***** *** ******* ***** ******* ******* **** *** Best Buy Express **** Buy ****** **** Star ****** **** **** ***** ******** ***** ***** *** ******* Sales *** stores sell * ******* of electronic ******* movies music computers mobile ****** *** appliances On the ******** ****** offers ************ *** maintenance ********* support and ************* for ****** phone *** ******** services **** Buy ****** * large ***** of brands **** Buy’s *********** ******* ****** ******* Radio ***** *** the world of ****** ********* Mission ********** **** ******* ** ******* we’re * ****** ******* focused ** ****** solving *** unmet ***** of *** *************** ** rely ** *** employees ** ***** ***** ******* ****** *** ***************** *** ********** ** companies:Best *** ** a consumer *********** ***** *** ******** *********** ****** * ******* ** ******* *********** ********* ******** video ***** music DVDs ******* ***** mobile phones ******* cameras car ******* *** video cameras ** anon-commissionedsales *********** Tigerdirectcom ** ** ****** ******** ********** company which ******** solely online for ******** ** business ** ******** ********** There *** ******** *********** ******* *** two ********** ** ***** ** ********* ********** *** ******** *************** *** ***** ***** ** business ********* with *** *********** ****** ** ******* ********* ********* **** ****** *** *** physical ******************* ******** *** ****** ********** *** ******** but ******* to ******** ************ ** **** ***** ********* *********** ***** Direct *** **** Buy **** ******** *** ****** ******** ******** *** ****** ****** also ***** *** same products ***** ******* ****** ** *** **** ***** ** ***** ****** ************ ** case ** Tigerdirectcom *** ****** offered ** *** stores *** ****** *** same ** **** ** Best *** the ****** ** *** ***** *** on the ******** store website is ********* **** *** regular ******** ********** 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** *** ****** available· Best *** gives the ****** ***** Guarantee” No ***** ********** *** beat **** *** on the price **** ***** *** ******** can ******* **** if **** *** find a ***** ******* than their ******** ******* ***** ****** ********* Analysis ** ************************* ****** support ********** ** the ********* ***** product ********* ** the *********** ******** ******* ******* ********** ****** ********** ******** ** customers *** ***** ******************* ******* ** ******* sales ** *** company· Weakening ********* ************************ ******** outlook of ******** *********** ******** Rising demand ** private labels ** *** ******** ********* *** European ***************** Increase ** *********** ********** ******** ** ********* ****** crime· ******** fluctuations ** *** ********** ******** ** Best ***************** ******* **** *** extensive ******** *** ****** ************ ********* Well-known brand ** *** ***** ** *** ********** Strong **** *********** in *** ******** ****** ******** ******** and online ************************** ***** governance Issues· ****** senior leadership ******** ** the midst ** * ****** (governance market ******** Weakening ********* *********** *** **** ******** **** ********* ********** ** *** ********************* ***** obsolescence ** ****** technology ********* ******** ******** ************** Online ********** ** ******** **** *********** ********** **** *** ** ************* Economic ********* ************* ********** and ********** *** resume ******************* ******* ****** of ********** ******* power ** *********** *** are **** ********** ****** *********** *** ** brick *** ****** distribution ********** *** ** **** internet ******* ******** rate *********** ** the market· ***** ********* **** ** ******** *** ******** ******** *** ************* ****** impacted ** unemployment *** ******************* ** ********* ******************* indicates **** ************* that ****** ** ********* ********** ********* ********** ***** that ** *** The *********** ** *********** ***** ******* ** **************** environment and its strategy ********* *** ********* *** positive ******* on *** organization’s performance ********* ********** ****** ** organization ** ** more proactive **** ******** ** ******* *** own ******* it ****** ** organization to ******** and ********* activities and **** ** ***** ******* over its *** destiny The ********* ******* ** ********* ********** has **** ** **** ************* ********* ****** ********** ******* the *** ** *** **** ********** ******* *** ******** approach to strategic ****** ******** & Hunger ************** Benefits:· *********** in ******* *********** in profitability· *********** ** productivityNon-Financial *********** Improved ************* ** *********** strategies· ******** ********* ** threats· ******* ********** ** change· Enhanced ****************** ********************************* * ***** ****** * ****** Strategic ********** and ******** ******* ****** ****** ************** (Revised/Expanded *** ***** ****** River *** Pearson ******** ************* * * ****** ******** **** ********************* ***** *** Mortar Store Retrieved from **************************************************************** and-mortar-storeKotler * & Keller * **** ***** Marketing ********** **** ********************* website Retrieved ********** 2014 **** ******************************** Buy website ********* November11 **** from *************************
