Assess, using suitable criteria, the three strategic options and determine the approximately appropriate one for the company to follow include approximately suggestion of implementation and timescales. 1. Ashbridge model Ashbridge model is used to appraise the take aim of similarity between the mentions achievement and the bet on to number set (Jenkin, 2011). Fit with Parents expertness spunky slump High Opportunity to extend determine Fit with Parents Skill High Low High Opportunity to contribute honor Diagram 7Assessment of plectrums using Ashbridge sit around psychoanalysis: survivals| Fit with parents accomplishment| Opportunity to bestow assess| 1. Maintaining founder| High: nutrition retail industry| High: desegregation of debauched strategies add regard as to the firm| 2. S-O Strategy| High: Food Retailing industry| High: Exploited opportunity adds value to the firm| 3. Diversification Strategy| Low: at that pla ce is no similarity with parent company| High: R& adenine;D institutes adds value to the firm| Table 22Analysis of Options using Ashbridge Model Assessment: Option 1 and 2 provides a gold option as twain are highly fitted to the parents skill (i.e. food retailing industry). Option 1 has opportunity to add value to the firm as shown by the current value adding activities ( measure scope Analysis, constituent 5.1, apparent movement 1).
Option 2 has also opportunity to add value as expansion into emerging grocery increases the mart address of Tesco (SWOT Analysis, Section 9, Question 1). Option 3 is a pr ise confine as there is no match with paren! t skills i.e. expanding into technology R&D. However, there is opportunity to add value to the firm as analysed earlier in Value Chain Analysis (Section 5.1, Question 1). 2. Boston knock Boston cut shows the relationship between the lettuceet growth and the relative market share that is taken by the company. StarsOption 2 (SO Strategy)| Question mark| Cash CowsOption 1 (Maintaining Present)| DogsOption 3 (Diversification Strategy)| Market Growth High...If you deprivation to cast down a full essay, order it on our website: OrderCustomPaper.com
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