BUSINESS ANALYSIS AND PLANNING
Introduction
Dementia mainly stands for the symptom where an individual started to lose his or her memory and losing the power for doing their daily activity. It mainly reduces the memory of a person mostly the adults which humiliate their power to perform the daily activity. This study generally emphasis on the critical analysis of dementia by evaluating various significant aspects. Moreover, it can also be said that the core aim of this study was to analyse the impact of spending cut down on adult care within the Ealing council. The entire study mainly based on the data analysis, inference along with the interpretation of the statistical data. Besides, this study sheds light upon the recommendation for the local authority, Ealing in the context of spending cut down strategy improvement.
In addition, there were around 8350004 people with affected by dementia in the UK and there is an estimate to rise over the 1 million people within 2025. At the same time around 52000 younger people (50-65 years age) suffering from dementia diseases. Moreover, around 670,000 families are also affected by dementia in the UK. As per the recent survey process, it mainly found that 17% of people reported they are not living with dementia. At the same time, 55% of people said they were living quite well and 22% of people reported they were living very well with dementia.
According to the Ealing, the council provides “The National Dementia Strategy framework which is beneficial to provide high-quality care of Dementia in the UK.
The value for money is a concept of the health care policy of an organization, which is associated with the expenditure of the NHS. The main aim of using the VFM is to analyze the measurement of different issues and their impacts on the organization. In addition, it can also show that the BFM is provided two different types of methods such as accountability and technology (van Staa et al. 2016). In addition, this study also provides the importance of the NHS industry, which is common, and the popular health care industry in the UK local market area (Smith et al. 2015). Furthermore, the updated technology is an innovation of the treatment that enhances the services of the healthcare system and treats the patient with lots of care (Collett et al. 2015).
Data collection and method
Data collection methods play a significant role in any research paper as it aids the researcher to collect the data in a proper way. In addition, the data collection method is mainly helped to collect the information and provides depth knowledge to the researchers of the current topic. In order to collect the data, the data sources have two different types such as primary and the secondary data collection. The primary data collection mainly helps the researchers to collect information about the current research topic, which can enhance the quality of the research paper (Krippendorff, 2018). However, in this present research paper, the researcher mainly chooses the primary data collection method to meet all the objective of the research paper. Accordingly, the primary data collection method is also aided to expand the concept of the current research topic and also provides different stress factors that can be beneficial to complete the research paper in a proper manner. In this current research paper, the researchers mainly choose the survey process along with the primary data collection method. Accordingly, the survey method is done with 32 participants and also provides an analytical description to complete the research topic. In this data collection method; it mainly provides the researchers have chosen the survey process along with the 32 respondents.
On the other hand, it can also show that the researchers also use the data analysis process to complete the research paper. In addition, the data analysis method is mainly provided by the two different categories such as Quantitative and the Qualitative. In this study, the researchers choose the quantitative analysis along with the data correlation, regression and mode median process (Brodaty, 2017). The quantitative data analysis technique is aided by the researcher to collect the information from the survey process. Accordingly, the researchers also choose the quantitative analysis as it also aided to meet the entire objective of the research paper, which emphasizes the current research topic. There was the use of MS excel for finding the results from the survey.
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Business Strategy A Case Study Of Primark
Introduction
In this research, the researcher has incorporated with the various discussions related to the strategic management of an organization. Here, this can be stated that an organization has to face several challenges that are prevailing within the market. The market is highly competitive in nature and hence every company are focusing much on developing the marketing strategies that would enable them to cope up with the competition.
In this assignment, the researcher has considered the marketing strategy of the Primark. It is an organization, which deals with the trending fashion of both men and women. It is an Irish company having it’s headquarter in Dublin, Ireland. The company successfully operates in Belgium, France, UK, US, Austria, Ireland, etc. the company is now developing plans to introduce its products in India. As they are the new entrants in the market, they have to develop a well-defined marketing strategy.
This is a solution of Business Strategy A Case Study Of Primark in which we discuss Business Strategy.
Introduction
In this research, the researcher has incorporated with the various discussions related to the strategic management of an organization. Here, this can be stated that an organization has to face several challenges that are prevailing within the market. The market is highly competitive in nature and hence every company are focusing much on developing the marketing strategies that would enable them to cope up with the competition.
In this assignment, the researcher has considered the marketing strategy of the Primark. It is an organization, which deals with the trending fashion of both men and women. It is an Irish company having it’s headquarter in Dublin, Ireland. More Know About:- Computer Software Assignment Help
The company successfully operates in Belgium, France, UK, US, Austria, Ireland, etc. the company is now developing plans to introduce its products in India. As they are the new entrants in the market, they have to develop a well-defined marketing strategy.
Mission, vision, goals, objectives and core competencies of the company
In this section, the Mission, vision, goals, objectives and core competencies of Primark will be briefly discussed:
Mission of Primark
To serve their ordinary folks with the opportunity to purchase the products as rich people but at low prices.
Vision
- To be the first choice of the customers
- Grab the opportunity to be the market leader
- Proper training to the employees
- To operate being customer centric
Goals and objectives
- Offer customers with low price products
- New innovated products
- To be the first choice of the customers
- Make strong marketing strategies to be the market leader
- Operate sustainably
Core competencies
Develop strategies that would help them to be the market leader and to pose high competition in the market. The competitors are mainly Pantaloons, Zara and H&M (Alexis, 2012, p.67).
Factors contributing strategic planning
There are certain factors that contribute to the strategic planning of the organization named, Primark. According to Sadler (2003), it can be stated that strategic planning is considered to be the stepwise and systematic process to develop the strategy for an organization (Bravo, 2010, p.65). It was further mentioned, that there are three issues that contributes to the strategic planning which are mainly the detachment from reality, lack of ownership and dampening of innovations.
Figure 1: Issues in strategic planning
(Source: Created by Author)
It is very essential to overcome the issues and to make suitable plans that would develop brand image of the organization. Five major factors contribute to the development of strategic planning are mainly the Engagement, Innovation, Culture, Communication and Project Management. The development in these factors would help in better strategic planning for Primark.
Figure 2: Factors contributing to strategic planning
(Source: Created by Author)
Effectiveness of techniques used for strategic planning
There are certain techniques that would help the management to develop a well- defined marketing strategies. For instance, the command planning is only applicable for small business, which has a stable environment (Cohen, 2011, p.61).Read More About:- Computer Systems Development Assignment Help
On the other hand, another technique that would help in strategic planning is the directive planning is only applicable for the large organizations having stable environment. In addition, the top- level management is highly involved in this planning.
The third techniques are the emergent strategy planning. The Primark mainly makes the use of the emergent strategy planning, as it is only applicable for complex organizational environment and mostly performed by expert teams or corporate strategic department.
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