I need help creating a thesis and an outline on The Opportunities and the Challenges of the ALDI Company. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract
I need help creating a thesis and an outline on The Opportunities and the Challenges of the ALDI Company. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. It has thus been noted from the analysis that the company has been quite successful in executing its operations in Australia as compared to other regions of the world.
Strategic management could be defined as the description of the strategies that have been adopted by managers of companies so that better performance and competitive advantages could be obtained for the organizations. It could be further defined as the set of strategies developed by the organization which decides the performance of the business to a large extent. On the other hand, strategic competitiveness refers to the results and effectiveness of the strategies adopted by companies in order to successfully achieve the determined goals of the organization in the long run. Furthermore, it has been observed that these are special ideas of companies that make them different from their competitors and allow them to perform better (Hitt & et. al., 2012). It has further been noted that the competitive landscape of this century also influences the companies to adopt a different mindset for decision making. As the market is quite competitive, firms are encouraged to take better and different decisions so that they could get the maximum competitive edge over their rivals (Tsai, 2003). In this regard, it has been learned that ALDI always seeks to provide quality products at low prices so as to obtain competitive advantages over its competitors.
It has been observed that external factors are quite critical in the context of the performance in modern-day business. In this regard, it can be mentioned that the external aspect of the business imposes a considerable impact on the performance of ALDI in Australia. In order to provide a detailed explanation of the aforementioned facts, Porter’s five forces model for the retail industry of Australia will be focused on and discussed hereunder.
