Expert answer:ation requires that an assessment of the current s

Expert answer:Apa writing format graduate master program Apa proper citation format in paper Apa format fore reference 3 or more Add to the business strategic and management plan New content for this topic week 2: Determining the information technology (IT) management strategy that will work best for an organization requires that an assessment of the current state of the organization is conducted. Write a strategic information systems assessment of 4–5 pages for the case study organization that includes the following: Analyze the strengths, weaknesses, opportunities, and threats for the case study organization that are related to its present information systems environment. Assess the forces that are presently governing competition for the case study organization. Using Wiseman’s framework of strategy development, define the strategic thrusts (and related advantages) that the case study organization should use to build a business case for implementing an information systems management plan. Add this section to the Strategic Information Systems Assessment section of your Business Strategy and Management Plan . Name the document “yourname_IT600__IP2.doc.” All sources should be cited using in-text references and in the References section using APA format.D
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Business Strategy Plan
ABSTRACT
This will be done in the last week
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Business Strategy Plan
Business Strategy and Management Plan
Unit 1 IP
Betty Thompson
Colorado Technical University Online
IT600-1704B-01
Dr. Noel Broman
November 22, 2017
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Business Strategy Plan
TABLE OF CONTENTS
CHAPTERPAGE
ABSTRACT (Mandatory)……………………………………………………………………………………………….. i
DEDICATION (Optional)……………………………………………………………………………………………….. ii
ACKNOWLEDGMENTS (Optional)………………………………………………………………………………. iii
PREFACE (Optional)……………………………………………………………………………………………………. iv
LIST OF TABLES………………………………………………………………………………………………………….. v
LIST OF FIGURES………………………………………………………………………………………………………. vi
LIST OF SCHEMES……………………………………………………………………………………………………. vii
CHAPTERS
CHAPTER 1 – Introduction………………………………………………………………………………… 1
CHAPTER 2 – Method……………………………………………………………………………………….. 4
CHAPTER 3 – Results…………………………………………………………………………………….. ..18
CHAPTER 4 – Discussion……………………………………………………………………………….. .38
CHAPTER 5 – Summary, Conclusion, Recommendation………………………………… …..53
REFERENCES or BIBLIOGRAPHY…………………………………………………………………..57
APPENDICES (Optional)
Appendix A – Correspondence…………………………………………………………………………… 75
Appendix B ……………………………………………………………………………………………………… 80
Appendix C ……………………………………………………………………………………………………… .81
VITA…………………………………………………………………………………………………………………..82
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Business Strategy Plan
Qualitative Evaluation of the Industry’s Strategic Position (Week 1 IP)
Amazon Inc’s Porters 5 Forces
Amazon Inc is an online company that has continually recognition in online retail market
across the firm. The company was founded in 1994 by Jeff Bezos as an online bookstore but it
eventually diversified its portfolio to grocery, furniture and apparels many other things. A
Porter’s analysis is used to carry out an analysis of the external environment of the firm. In order
to ensure that the online retail company remains at the top of the game it must incorporate the
issues identified by the Porter’s analysis. s
Competitive rivalry- High
The rivalry in this industry is high because the number of industry players in the industry
has exponentially grown over the years. Amazon Inc faces stiff competition from companies like
eBay and Alibaba amongst many others. The rival competition is intense because Amazon Inc
does not only fight for market attention with bigwigs but also fights for the market with small
scale retailers (Roy, 2009). The intensity of competitive rivalry is high because of high
aggressiveness of firms, readily available substitutes and low switching costs. Online retail firms
exert strong competitive pressure on Amazon Inc. Based on this analysis; Amazon should ensure
that it strategizes on how to guarantee the incorporation long-term competence.
Threat of New Entrants- Low
The threat of new entrants is low because new entrants do not the investment level that
Amazon Inc has. The low intensity is due to low switching costs, the high cost of developing a
brand and the high economies of scale. For instance, customers can easily switch to new firms.
However, the high cost of investment to ensure that a brand meets the standards of Amazon
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Business Strategy Plan
makes it difficult for new market entrants to gain market share. Amazon is successful because it
enjoys high economies of scale and so therefore new market entrants have to gain the same
economies of scale in order to be successful.
Innovation and creativity makes Amazon to retaliate to new market entrants. New market
entrants do not have the expertise and access to distribution channels like Amazon Inc does. The
time of entry in new market entrants is significant because the increase in popularity makes the
industry to be saturated. A saturated industry is detrimental to new market entrants because
unlike Amazon, they struggle to carve a niche for themselves. New market entrants are therefore
of no major threat to the company.
Bargaining Power of Amazon’s Customers/Buyers- High
The management of the company under Jeff Bezos is focused on guaranteeing customer
satisfaction. Jeff Bezos is obsessed with ensuring that customers get their deliveries in a timely
manner, the deliveries are the exact ones ordered and the customer service is efficient. The
factors that support the degree of the influence of bargaining power is the high quality of
information readily available, the high availability of substitutes and the low switching costs.
With the advent of technology, consumers can readily gain more information regarding Amazon.
Customers can easily read reviews about a company, compare and contrast the platforms and
make a decision according to the pricing, tastes and preferences. Amazon should ensure that it
focuses more on how to be customer centric so as to improve the customers bargaining power.
The Bargaining Power of Amazon’s Supplier – Medium
The bargaining power of Amazon’s supplies is moderate because there is a small
population of suppliers. The limited size of suppliers could directly affect a company as any
change a supplier instigates directly affects the operations of a company.
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Business Strategy Plan
Threats of Substitutes or Substitution- Strong
Amazon is affected by the number of readily available alternatives. The threat is high
because of the high availability of alternate products, the high availability of substitutes and low
switching costs. Low switching costs means that customers have the option of buying from
Amazon’s competition. The problem however rises when substitutes are lowly priced because
customers tend to prefer goods they can afford. Amazon should therefore consider how to deal
with substitution so as to gain both comparative and competitive advantage.
Recommendations
Amazon should create strategies that will address the issues highlighted by the Porters 5
model analysis. For instance it should strive to reduce competitive rivalry by maximizing on its
strengths. It should take advantage of the opportunities available, mitigate weaknesses and
counter the threats (Dobbs, 2014). The company should invest more in improving its brand
image so as to continue being appealing to its customers. The company should work on
guaranteeing total customer satisfaction so to improve the customer experience. A satisfied
customer usually remains loyal to a company and most of the time; they recommend friends and
family to the company. Amazon should work on the issue of readily available alternate goods by
improving on the quality of goods and services offered. The pricing should be favorable in order
to attract all market segments. In as much as Amazon Inc is already successful, the company
needs to keenly adopt recommendations stated above so as to enjoy long term success in the
industry.
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Business Strategy Plan
Figure 1: Strategic Evaluation of Amazon’s Porters 5 Forces
Strategic Information Systems Assessment (Week 2 IP)
Information Systems Business Case (Week 3 IP)
Strategic Business Plan (Week 4 IP)
Project Management Plan (Week 5 IP)
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Business Strategy Plan
References
E. Dobbs, M. (2014). Guidelines for applying Porter’s five forces framework: a set of industry
analysis templates. Competitiveness Review, 24(1), 32-45.
Roy, D. (2009). Strategic Foresight and Porter’s Five Forces.
…
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