Strategic planning and contro Assignment Example | Topics and Well Written Essays - 2250 words

Strategic planning and contro - Assignment Example Finally, an action plan will be provided, which will reflect my way of enhancing mu abilities for accomplishing the task objectives in future. From the overall project, I have developed an in-depth idea about Mobile Inc. By means of conducting the market research, the position of the company among the competitors as well as in the global economy was also understood. As per my understanding, it was necessary to conduct a SWOT analysis of the company in order to identify the external opportunities and threats to the entity as well as recognise its internal strengths and weaknesses. There are many external threats to the organization including fear of the competitors and various economical factors that might have further increased risks for the company in the global context. Moreover, various opportunities were also identified that would have helped the company to prosper and develop a competitive advantage over the competitors. However, the internal strength of the company revealed the efficiency of its human resource management and the workforce that led the company further to run effectively. Certain strategies were also r ecommended in order to achieve the long-term objectives of the company and an estimated cost was provided for the implementation of recommended strategies in the projected year. Moreover, in order to prepare the forecasted ratios and group financial statements, I had to analyze the financial report of the company as well as conduct a thorough market research in order to collect the relevant data. An in-depth research was conducted as well as the lecture notes were followed in order to prepare the project. Accordingly, I had to conduct a SWOT analysis of the company i.e. of Mobile Inc. in order to find out the external opportunities and threats as well as relate those with its internal strengths and weaknesses. In subsequence, detailed