Information Technology Security and Training Matrix

Project (Plan) Organization - Toubleshooting Structure System Requirement on a Global Scale Recognized Feasibility Analysis Step 2 - System Analysis (RD Team of Experts, Developemnt Teams) Logical Design Step 3 - Development (Newly trained employees, Programmers, Network Engineers, Innovators and Database Developers) Implemenation Step 1 - Planning (CEO, Head Planner, Suppliers of videos) Physical Design Testing Maintenance Marketing Head Gain an understanding of the marketplace Risk Analysts Analyze business strategies Board of Directors Supply Chain Management RD Experts Analyze existing supplier base Categorize and divide suppliers Analyze consumer trends Implementation strategies and process Stabilization strategies and porcesses Planning supplier strategies and processes Step 1 - Gain an understanding of the marketplace Step 2 - Analyze your business Step 3 - Analyze your existing supplier base Step 4 - Categorize your suppliers with the aim of reducing the overall total Work Breakdown Structure - Supply Chain Management Assess Supply Chain Management Anaylze Consumer trends Analyze employee satisfaction Analyze relevant business risks Analyze Competitor trends Analyze investment timing Analyze current networks Explore opportunity for expansion, local and national Explore unorthodox supplier networks Divide products into categories Assign selective suppliers for each deisgnated category Make a backup database and network ofShow MoreRelatedUnit 6 Assignment : Conduct A Network Traffic Analysis1346 Words   |  6 PagesSeignon ITEC-6620: Information Systems Security Dr. Caroline Howard Sunday, August 6, 2016 Security Awareness Matrix Based on the previous design and development of the security awareness program for Advanced Topologies Inc, ATI it is needful to include in a matrix the security topics with the associated awareness materials by target audience in describing how when and with what frequency it will be delivered. The following matrix displays the above details. Training Area Target AudienceRead MoreHIPAA Compliance Policy654 Words   |  3 PagesHIPAA Compliance Policy Purpose: To understand the responsibilities and define minimum security requirements of XYZ health care organization. All employees under the scope of this policy should abide by this policy. Scope: This policy applies to all the employees of XYZ health care who have remote access to the patient’s medical data. Control Matrix: Table 1 Risk Control Matrix Risk Significance of Risk Likelihood of Risk Control Measures/ Countermeasures 1 Brute Force Password Attack MediumRead MoreCase Analysis : Topaz Information Solutions1184 Words   |  5 PagesINTRODUCTION 1. PURPOSE Topaz Information Solutions, LLC (Topaz) is considered a business associate under the Health Insurance Portability and Accountability Act (HIPAA). A business associate performs certain functions or activities that involve the use or disclosure of protected health information (PHI) on behalf of or for a covered entity. As a business associate (BA), Topaz is required to complete an annual security risk assessment to evaluate the physical, administrative and technical safeguardsRead MoreAccess Control Models1731 Words   |  7 Pagesto others. Access control is at the discretion of the owner. Most common implementation is through access control lists. Discretionary access control is required for the Orange Book â€Å"C† Level. Mandatory (MAC) Much more structured. Is based on security labels and classifications. Access decisions are based on clearance level of the data and clearance level of the user, and, classification of the object. Rules are made by management, configured by the administrators and enforced by the operatingRead MoreThe Danger Of Cyber Attacks On Power Plants1542 Words   |  7 Pagesto cause chaos and even shutdown â€Å"nuclear centrifuges, air defense systems, and electrical grids.† (Hathaway, Crootof, Levitiz, Nix, Nowlan, Perdue Spiegel, 2012) Cyber-attacks are more common today due to the increase capability of technology. Important information along with every aspect of people’s lives are kept on computers or cell phones which are vulnerable at all times. An example of this would be the leaked snapchat photos of celebrities, stolen identities and unauthorized access from anRead MoreThe Competency Of Quantum Technologies Information Security Essay791 Words   |   4 PagesThe purpose of this risk assessment is to assess the competency of Quantum Technologies information security. This risk assessment will present a measurable evaluation of Quantum Technologies operational environment. This risk assessment will address: †¢ Threats †¢ Probabilities †¢ Impacts †¢ Overall Risk Rating †¢ Controls †¢ Residual Risks The scope of this risk assessment is intended to assess information system’s use of resources and controls to eliminate, reduce, and manage all vulnerabilitiesRead MoreWhat Is The Purpose Of Using Biometric Technology In Healthcare?1619 Words   |  7 PagesService Level Agreement As the healthcare industry goes through transformation with the use of new technology to increase safety, quality, and reduce costs, they are faced with additional challenges (IriTech, Inc., March 16, 2015). A critical problem in healthcare is medical identity theft and other types of fraud that leads to wrongful disclosure of patient information (IriTech, Inc., March 16, 2015). As a challenge, today many healthcare organizations are finding better ways to meet the regulatoryRead MoreModern Policing Grew Out Of Private Security Concerns968 Words   |  4 PagesModern policing grew out of private security concerns. Crime prevention is a major issue in our society. A greater burden is being placed on public law enforcement to respond to crisis situations. As a result, the consumer is turning to the private security industry to help protect our communities and businesses. Private security agencies are one of the fastest-growing entities in our country. The demand for security service s is growing at stellar 6% rate a year in our post 9/11 climate. This trendRead MoreWhat Makes A Business?950 Words   |  4 PagesThe three careers I chose were Fashion Writer, Information Security Analyst, and Software developer. A fashion writer is a writer who specializes in the area of fashion. For example, fashion magazines, online magazines, blogs, and advertisements. An Information Security Analyst is a protector of information systems. They focus on shielding company’s computer systems from cyberattacks and things of that nature. A software developer develops applications or develops the underlying systems needed toRead MoreCp Lab Report1016 Words   |  5 PagesINTERNSHIP AND CURRICULAR PRACTICAL TRAINING (CPT) Company information I am working as a Linux/infrastructure engineer at Informatics Prism/Cirrus labs. It provides solutions and services to it’s client. The core concept of this is Agile software delivery, Automation, Cloud services and IoT. It helps client’s businesses transformation by taking the road to agile methodology by fulfilling gaps between business requirement and traditional methodology. As a Linux/Infrastructure Engineer my first

Poverty Why It Continues Grow Essay - 1321 Words

Poverty: Why it continues to grow? So in my previous visual report about poverty I discussed the reasons why Poverty continues to grow and who that affects in our society. To begin off as I had stated in the visual report I live in an area of rural West Virginia where some of our small towns considered at 100% poverty levels. We were once an area thriving with the railroad and coalmines, our town was even once known as â€Å"The Heart of the Million Dollar Coalfields† is now mostly doctor’s offices and closed shops. Our town died with the coal mine closings and it will only continue to decline. Unfortunately poverty is an all too real thing for a lot of people in my area. I wanted to see if poverty is something that is seen in every state now, not just ours and to see as well who poverty really hit the hardest. The results I was able to fine were both surprising and informative. In my first line graph the information shows the number in millions in poverty as well as the poverty rates between 1959 and 2 010. We see a large dip in the 1970’s after the great depression and higher numbers of people in poverty with the recession in 2010. The next question I had was who does poverty effect. This particular chart goes more into who and what ages that poverty hits the hardest. The information states that females head of households with no husbands, people under the age of 18, native born and whites are the hardest hit with poverty for our country. So, to follow up the previousShow MoreRelatedPoverty : Why It Continues Grow?1205 Words   |  5 PagesPoverty: Why it continues to grow? So in my previous visual report about poverty, I discussed the reasons why Poverty continues to grow and who that effects on our society. 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This is because those  who grew up in poverty continue their impulsiveRead MorePoverty Has A Significant Effect On The Brain Essay1457 Words   |  6 Pages Growing up in poverty has a significant effect on the brain. While poverty affects many aspects of the brain processing, spending patterns are impacted which affects quality of life. Occasionally, those in poverty make it out. Despite gaining a higher socioeconomic class, quality of life can still be influenced by the impact of poverty. This is because those who grew up in poverty continue their impulsive spending habits when they move into the middle-class because poverty leaves an enduring impressionRead MoreGlobal Poverty Essay592 Words   |  3 PagesPoverty is defined as the state of being poor; lack of the means of providing material needs or comforts.( More children live in poverty in the United States than in any other developed country (p. 192, Parrillo). Generally, poverty is blamed either on the individual or the system. 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It is clear to many that the policies arising from this ideology have caused the poor to grow poorer and the rich to grow richer. Accordingly, this essay will argue that Neo-Liberalism greatly contributed greatly to today’s global economic problems and will shed light on the overriding reasons why a neo-liberalism is not ideal to foster a sustainable and healthy economic environment for all as the ideology proposes. One of the primary economicRead MorePoverty As A Social Problem1739 Words   |  7 Pages Poverty as a Social Problem Magdalena Brania Mrs. Kropf May 27, 2015 Poverty is inscribed in the history of the world, but it is not inherent fate of every human being. It is also not related to the human nature, which does not mean that it can not be due to its nature. All communities experience it, with a greater or lesser extent way causing psychological and sociological conflicts. Society who have to deal with poverty is not only from undeveloped countries, but also developedRead MoreThe Relationship between Poverty and Crime879 Words   |  3 PagesIntroduction Poverty and the relationship it has to crime is a long standing sociological, humanists and historical phenomenon. From the plight of the third world to the violence soaked inner city streets of the 1980’s, the relationship of crime and poverty has been the source of a great deal of social commentary. In societies throughout the world and throughout history there has always been a traditional measure of deviance through relative income gaps. Both poverty and crime as well as theirRead MoreThe Distribution of Wealth892 Words   |  4 Pagesproperty of others. Others believe that people should not have excess wealth, resulting in non-existent class distinctions. An alternative view is that wealth is not distributed; instead, the wealthy continue to grow wealthier while those in poverty can not escape it and fall further into a life of poverty. The beliefs discussed above come from three different writers. Those writers include Andrew Carnegie, Karl Marx, and Robert B. Reich. T hese writers all have different opinions on how wealth shouldRead MoreThe Problem Of Poverty On A Macro Level1194 Words   |  5 Pagessentences that describe poverty. If we closed our eyes and envisioned poverty, we think of children in the second-largest continent, Africa, standing around with no clothes or shoes on. We think of the kids looking mal-nutritious or with other sicknesses and flies flying around their faces but they are too weak to brush them away. We think of people with no education, no skills, or no ideas. These statements are far from facts. I will take you through the ongoing issue of poverty from a macro-level and

Organizational Change and Its Implications

Question: Discuss about the Organizational Change and Its Implications. Answer: Introduction: The business school is facing the problem of financial deficit and unproductive staff members in few departments which is responsible for the declining of the university reputation and creating a negative impact on the minds of the students(Hayes, 2014). The student enrolling for the courses had also declined in the past few years which resulted in the annual deficit of $750k. The staff members are not upgrading the teaching skills and research activities. Further it is observed that there is lack of coordination among the staff members of different departments. They are involved and show concern towards their individual department and its performance and least bothered for the overall performance of the university. Few unproductive staffs are highly paid as comparable to their contribution in the overall growth of the university. Some highly qualified staffs had retired from the services and some are hired by other universities at upper grade and salary. The economics department is comprised of dominating staff members who are rated unrealistically high and the lack of coordination is worsening the situation(Cummings, 2014). Further the already taught course of master degree in econometrics had distracted the students to enroll for such business schools which are not relevant and helpful for the future up building. The faculties are not well trained and focused enough to bring the change. The administrations work are in place which included admission, timetabling, examining but still there is a lack of motivated and enthusiastic staff members to perform the admin tasks relevantly. Analysis The Australian University system represents an interesting case study in restructuring exercise with the merge of new departments and also about the annual deficit. Three years back the Australian University with the merge of three academic departments created it into business school. The departments introduced were economics, accounting and finance and management studies(Choi, 2010). When the Australian University was established it had a small financial deficit but gradually increased over the past three years. With the merge of three departments it was an effort to improve the overall grading of the business school. The school appointed new dean, to look for ways to eliminate the deficit and to improve the research work of the school. The business school was facing a large number of deficits because of the economic department. The annual deficit of the department is 750$(Anderson, 2010).The department was facing problem with the deficit of the teaching staff, as many of them has retired and many were promoted to senior grades with high salary to other universities. The members did little to prepare for the universitys review of teaching quality and student support. Their failure to manage quality assurance through documented procedures and formal structures contributed to poor overall score in the universities. Due to which number enrollment fall from 15 five years ago to 9 last year and 8 in the current year or session. Problem Identification/ Case Issues The analysis is based on the deans view point and the measures adopted to overcome the problematic situation that existed in the university. The business school in the following case study was formed with the merger of economic department, finance and management studies and accounting department(Lewin, 2008). The merger was taken place to improve the ranking of the Australian university and was a result of university wide restructuring exercise. The school is suffering from huge financial deficit which has gradually increased over time. In particular the report highlights the reason behind the deficit and declining of the university ranking and highlights the future course of actions that needs to be taken to overcome the situation and improve the overall ranking of the university. The complete analysis of the three departments teaching and research initiatives are done in order to reach the conclusion and present recommendations for the business school(Piercy, 2008). The department needs to be innovative in the research and teaching areas to bring a difference in the learning experience. Further courses related to the industrial need should be included to attract the students as the final goal of a Business school graduate is to get job placement. the organization wide communication platform should be launched to integrate and motivate the staff members from all the departments, an open discussion forum should be well placed to get suggestions for students as well as the staffs to improve the quality teaching and introduce innovative research programs to build a future business leader(Szabla, 2007). The business school does not have innovative approaches on providing quality learning experiences for students due to its deficits. The academics look lot after the administration associated works; admission, timetabling, examining Very little integration among three departments. Separate undergraduate programs, which leads to poor enrollment(Puccio, 2010). Problem Analysis and Justification Once the problems for the university was analyzed in order to obtain suitable justification, the following justification came up. Cost effective approaches can provide high quality learning experiences for students. As the university had already been burdened with huge amount of costs from various non-productive activities. There are scopes that the university make up for the various high costs items and design program solutions for students at a proportionate costs that can yield a bit of income(Carter, 2008). Appropriate qualified support staff that has the motivation or competence to undertake this work. Employing qualified and productive staffs or professors in various departments who will be productive can yield the university high ratings. Professors with high academic skills as well as research experience can highly help in achieving the desired ranking by the university. Interaction among all the departments can bring a better growth of the business school. As the departments are separated without any interactions there are several communication challenges(Lozano, 2013). But once there are departmental meetings, departmental get together on any discussions there is bound to be increase in productivity for the overall university. A new degree, by combining economics with input to other two departments can bring high student demands. Alternative Solutions It is important, that the ability to recognize the blocks or problems hindering the business school and to solve them. Alternative solutions provides scope for improvement(Paton, 2008). There are many alternative solutions to overcome them; By recognizing the actual effect of the problem and try to solve it with an effective solution. The actual problem that each department and in regards to each area will help solve challenges in regards to university ranking altogether. Hitting at the problem directly will not only help diagnosis of the issue but also help in designing appropriate solution for the university. There are many emotional needs and these needs differ from person to person, which can be overcome by recognition, self-esteem, order and belonging(Senge, 2014). Each person in the university is guided by their self-needs hence needs to be directed according to their personal attitudes and motivational levels. Lack of knowledge or skill, lack of creative thinking are few factors which need adequate problem solving techniques. The employed persons occupying several important positions at the university lacks adequate knowledge or skills hence either they need to be properly trained or involved in research programs. This will help attend to the solution for the issue(Klaus, 2014). The ability to use languages effectively such as words, mathematics, scientific symbols, drawings and so on. The ability of the professors needs to be upgraded and kept at par with other university or institutes standards in order to increase the university ranking and to solve its brewing problem. Most importantly the management style can influence both staff and students to solve their problems and to come up with creative ideas(Cummings, 2014). Each person with the organization is responsible in achieving the desired goal of the organization. in this case the staffs, professors as well as students reserves the right to resolve any problem that is occurring. High quality courses with manageable budget which can be afforded by all students. The university needs to design courses that students can easily afford in order to promote their degree and gain considerable amounts of students. Highly qualified professionals who can deliver studies on current business industry. The university needs to appoint guest lecturers and industry persons in order to upgrade students with the latest happenings in the industry(Hall, 2006). Recommendations The sources of concern for the business schools, is centered on its research work, faculty and present curriculum. Business schools asked to produce graduates, who can adapt, integrate, work in team, manage global diversity and can bring best in others. Hence, it is felt that trained or focused faculties can only do this to enhance the skills of the students. Building communication links and networking between faculty or staff and students can be helpful in achieving the goals. As for curricula and research, it has become very difficult to get professors to pick up the studies required by the current business community, and is becoming frustrating. Hence the ability is needed to mobilize resources of industry specific knowledge. The research work should be included in the curriculum for the students after the first year of MBA and should be made mandatory to with industry projects. The research should not be research but what is researched, which will make or bring a difference. Implementation The university will implement the above recommendations with the following steps. In order to develop and implement high quality course that are challenging, the university needs to design particular course curriculum. The university can adapt suitably to the recommendations by providing excellent delivery of the course material by qualified professionals or industry experts. The university needs to design strategies like meetings and group seminars for developing good communications among all the departments. The university after solving this problem needs to design globe development strategy plans. This plan will be primarily aimed at attracting students from across the globe. The university needs to create visions for the students for their future. The university can appoint a few industry leaders for taking such classes on vision. The university needs to engage and execute strategies by the staff. This will result in proper implementation of the designed strategies and will also meet their strategic goals. A good culture of the school can hold the values, attitudes, beliefs and behavior of its staff and students. References Anderson, D. a. (2010). Beyond change management: How to achieve breakthrough results through conscious change leadership. John Wiley Sons. Carter, E. (2008). Successful change requires more than change management. The Journal for Quality and participation, 31(1), 20. Choi, M. . (2010). Individual readiness for organizational change and its implications for human resource and organization development. Human Resource Development Review, 1534484310384957. Cummings, T. a. (2014). Organization development and change. Cengage learning. Hall, G. a. (2006). Implementing change: Patterns, principles, and potholes. Hayes, J. (2014). The theory and practice of change management. Palgrave Macmillan. Klaus, C. (2014). Change Management. . Grundlagen und Erfolgsfaktoren. Lewin, C. S. (2008). Embedding interactive whiteboards in teaching and learning: The process of change in pedagogic practice. Education and Information Technologies, 13(4), 291-303. Lozano, R. (2013). Are companies planning their organisational changes for corporate sustainability? An analysis of three case studies on resistance to change and their strategies to overcome it. Corporate Social Responsibility and Environmental Management, pp. 275-295. Paton, R. a. (2008). Change management: A guide to effective implementation. . Sage. Piercy, N. (2008). Market-led strategic change. . Routledge. Puccio, G. M. (2010). Creative leadership: Skills that drive change. Sage Publications. Senge, P. M. (2014). The dance of change: The challenges to sustaining momentum in a learning organization. Crown Business. Szabla, D. B. (2007). A multidimensional view of resistance to organizational change: Exploring cognitive, emotional, and intentional responses to planned change across perceived change leadership strategies. Human Resource Development Quarterly, pp. 525-558.

Strategic Management (An Analysis on the Retail Industry)

Question: Task Critically evaluate the key issues that strategic analysis plays in a business or organisation that you are familiar with. In this assignment, you are required to write a 2500 word report. This includes a 200 word executive summary, but excludes references and appendix. Your Report should cover the following: 1. Briefly describe the background information of the organisation (or SBU) chosen. This information should be brief and relevant to the discussion of your assignment and thus may include ownership, history, size, business scope, major products/services, and major markets of the organisation (or SBU). 2. Conduct an external environment analysis including a macro-environment analysis and Porter's 5 forces analysis: (a) Conduct a macro-environment analysis for the entire industry within which the organisation (or SBU) operates. You should use the PESTEL model and focus on understanding the purpose of this analysis, the identification of key factors and their implications in te rms of key opportunities and threats, and discussion of their overall impact on industry growth in the future. Draw your conclusions based on your macro-environment analysis. (b) Undertake a competitive analysis using Porters 5 forces model. You should pay attention to the purpose of this analysis, the inter- connectedness of different aspects of the competitive forces, and their overall impact on the industry and the organisation selected in terms of main driving forces in the competitive environment. Draw your conclusions based on your five-force analysis. 3. Conduct an internal environment analysis. You should identify, differentiate and evaluate the key resources and competencies of the organisation (or SBU) that are most likely to provide sustainable competitive advantage. 4. Summarise your findings based on your external and internal environment analysis. Identify the key issues that the organisation (or SBU) faces and give your recommendations. Answer: Executive summary In the recent years, the retail industry has been experiencing the robust growth on the global platform. With the involvement of the different strategic approaches, the particular industry has been experiencing enormous growth. However, the strategic management has several challenges including orientation for globalization, involving e-commerce culture, reducing the competition in the market, product diversification, etc (Hitt, Ireland Hoskisson, 2012). Most of the retail organizations follow a particular process to execute business in both domestic and international platforms. The key concepts for strategic management are such as goal setting, investigating the strategy formation, strategy implementation, and strategy monitoring, etc (Ward Peppard, 2016). The prime challenge for the retail industry is to manage the workforce in an effectual manner. Most of the time, it becomes challenging for the retail organization to reduce employee turnover issue (Eden and Ackermann, 2013). Hen ce, the organization needs to implement unique strategies for reducing such issues from the business. Most of the business analysts have highlighted the fact that the employee motivation is one of the key components for reducing the staff turnover in an effective way (Hill, Jones Schilling, 2014). In this particular assignment, the internal and external strategic issues have been highlighted in an appropriate manner. On the other hand, the competitive analysis has been conducted based on Porter five forces analysis. The identification of internal and external issues has been highlighted in the paper. Background of the organization: The organization is one of the giant supermarkets in the global platform. With the help of the strategic business unit, the organization has been successfully executing the business in both domestic and international platform (Slack, 2015). At the initial stage, the company was formed in the UK. However, the particular business has expanded its business on the global platform. The CEO of the organization has stated that the business development strategy has been playing a major role in ensuring the long-term growth in the internal platform (Barney Hesterly, 2015). The company is determined to deliver a wide range of high quality products to the customers for ensuring sustainability in the business. The organization follows a hierarchy structure in the business, as it facilitates them in executing the business in a systematic manner. Although the particular organization is a UK based retail organization, it expanded its business to the Asian, European and North American countries (La sserre, 2012). On the other hand, the organization has been trying to implement new strategic approaches including mobile shopping to enhance the business opportunities in an appropriate manner. The organization has chosen to pursue a strategic business unit (SBU) across all of its business areas for maximizing the degree of competitiveness within the large demographic market areas (Ward, 2012). The CEO of the company has discussed that the SBU would cover the strategic foundation, size and scope of the business, strategic thrust, and product and brand identification, customer market served, the promotional activities, and the financial targets. External analysis: a. Macroanalysis: PESTEL Framework Political factors: The performance of the organization is highly influenced by the political factors, as the business has been executed in different countries. The local government always encourages the industry to create new job opportunities for the local community. However, the job opportunity would be mixed in nature including flexible, low paid and local based to high paid and high skilled jobs (Rothaermel, 2015). The particular organization has been employing a large number of students, physically challenged, and elderly staffs, who deliver good performance with a low salary. In the recent years, the retail industry has been facing the high turnover issue. Hence, their employment structure facilitates them to reduce the turnover issue in an effective manner. Economic Factors: The economic factors largely influence costs, price and profits of the business. The most influential economy factor is the high rate of unemployment. Consequently, it decreases the effective demand of certain product line (Mellahi Frynas, 2015). These factors are not controllable by the strategic business unit of the organization. Although the international market is expanding, the particular organization needs to follow the strategic approach to experience adequate profit margin in the business (Stead Stead, 2013). Social or Cultural Factors: According to the current market situation, the customers have moved towards the bulk and one-stop shopping due to several social changes. Hence, the organization has enhanced the non-food items in the stores. On the other hand, the demographic changes including an aging population, reducing in the homemade meal, and an increase in female workers have facilitated to enhance the business in an effective manner (Keupp, Palmi Gassmann, 2012). Moreover, the demand of product depends on the social conditions. The organization has focused on selling the organic food products. Technological Factors: In recent years, the organization has brought several technologies for enhancing the business opportunities in both domestic and international market. The retail stores employ the technologies like wireless devices, intelligent scale, electronic self-labelling, self check-out device, radio frequency identification (RFID) (Goetsch Davis, 2014). The implementation of the electronic fund's transfer systems (EPoS), electronic point of sale (EFPoS) has made a great impact on the business. Environmental Factors: The organization has been focusing on the corporate social responsibilities of the business. The organization has provided huge job opportunities for the local communities. Consequently, it facilitates in enhancing the social status. On the other hand, the organization has been paying an adequate amount of taxes to the government, which facilitates in strengthening the national economic structure (Harrison John, 2013). Legislative factors: Different legal policies of the government have created a great impact on the retail business. The food retailing Commission (FRC) has implemented a new code of conducts, which says that the organization needs to stop the unethical practices such as changing the price without notice, demanding payments from the suppliers (Fernie Sparks, 2014). b. Competitive Analysis: Porters 5 forces model Threat of New Entrants: The grocery market is dominating by some retail organizations. Due to the huge competition in the market, the organization face challenges in expanding the business in the global platform. In the UK grocery market, a top brand like Tesco, Asda, and Sainsbury possess 70% of the market share (Hamilton Chernev, 2013). Over the last three decades, the grocery market has turned into a supermarket dominated business. The majority of the large grocery chains have built their business based on their operating efficiency, major marketing mix expenditure, and one-stop shopping (Varley, 2014). This particular force has a great impact on the small business also. Hence, it can be assessed that the new entrants have to face several challenges for executing the business in the domestic market. It is very difficult for the new entrants for raising sufficient capital due to developed supply chains and large fixed costs. Bargaining power of suppliers: This particular force indicates the power of suppliers, which may be influenced by the large grocery chains in the market. It indicates the fear of losing the business to the supermarkets. It allows for negotiating the better promotional prices in the business. On the contrary, the suppliers also get threatened due to the huge growing ability of the large retail business (Ellram, Londe Weber, 2013). Most of the time large retailers force their suppliers to deliver the product at lower price. Hence, it can be assessed that the competitive rivalry forces have reduced the profit margins for the supermarket chains and suppliers. Bargaining power of customers: The enhancement of the undifferentiated products facilitates to reduce the switching cost. Consequently, more power is yielded to the buyers. The particular organization has engaged different loyalty card program for enhancing the customer retention process. Due to the implementation of customer retention strategy, the organization has been experiencing better profit margin in recent years. In recent days, the retail food organizations have engaged them in selling the non-food items due to increased customer demand in the market (Bloom et al., 2012). Most of the supermarkets expand their business into banking sector or the pharmacy sector. On the other hand, the consumer has also become aware of the challenges like fair trade. Threat of substitutes: General substitution can decrease the demand for a particular product, as the customer can switch to the product at any point of time. In the recent years, the emerging industry has been experiencing different changes in the business approach. In this context, the particular organization has been trying to obtain existing small-scale operations and opening Express stores in the local towns. Bargaining power of competitors: The strategic business unit of the organization has highlighted the fact that the increasing demand of customer has facilitated the retail industry in experiencing enormous growth (Hbner Kuhn, 2012). The market size of the organization has been expanded to both domestic and international platforms. In the competitive market, the organization has been trying to implement innovative approaches in the business for experiencing high profits. The innovative approaches may include the development of a wide range of trading formats for bringing changes in the consumer behavior. The retail organizations have been focusing on price and value to obtain a better position in the competitive market. Internal analysis: SWOT Analysis The organization has strong financial resources, which allows them to expand the business in the large demographic areas. The strengths, weaknesses, opportunities and threats of the organization are discussed in the below table: Strengths The prime strength of the organization is its increasing market share. It holds an adequate percentage of shares in the UK retail market. The general growth and ROI indicate its position in the retail industry (Ward Peppard, 2016). The organization has been expanding its business in the large international market. The online shopping facilities have facilitated them in enhancing their profit margin in the business. The brand value of the organization is helping them in increasing its customers base both in the domestic and international platform. Weaknesses Although the international market has been developing, the organization is quite dependent on the domestic market (Hitt, Ireland Hoskisson, 2012). Debt reduction is another challenge of the business. Due to the large capital expenditure, the financial resources have been decreased for other operations. In the emerging market, the organization has been conducting the business itself. In some region, they should tie up with other organizations to obtain better profitability (Eden and Ackermann, 2013). Opportunities Most of the retail organizations have been trying to invest on the non-food retails ventures. Hence, the particular organization should involve the nonfood items in the stores for enhancing their total sales. The organization needs to focus on the product diversification for improving its business opportunities in the global market. Although the organization has made a footstep into the international market, it needs to improve its financial resources for further international expansion (Slack, 2015). Threats The huge market competition has brought challenges for the retailers to for delivering high quality products at a reasonable price. Due to political legislations, the organization may face challenges in expanding the business on the international platform. In the UK market, there are several retail leaders including Wal-Mart or Asda (Hill, Jones Schilling, 2014). Consequently, it creates challenges for the organization to execute the business in an effectual manner. Identification of issues of internal and external environments: By analyzing the internal environment, it can be assessed that the organization is dependent on its domestic market. However, the particular organization has made the footstep into the international market (Barney Hesterly, 2015). On the contrary, the financial strengths allow the organization in expanding the brand in the international market. The retail industry has been facing huge challenges in managing a proper workforce in the business (Lasserre, 2012). For conducting the business in an accurate manner, the organization needs to focus on their employee engagement policy. The biggest strength of the organization is its brand value. Consequently, the management should utilize its brand name for recruiting highly skilled employees in the business. On the other hand, the retail organization needs to focus on the emerging business process, as it facilitates in gaining business opportunities in the new market structure (Ward, 2012). For avoiding political legislations, the organizat ion can merge their business with the existing market leader to obtain a profitable outcome. By improving the pricing policy and promotional activities, the retail organization can reduce the threats of new entrants. Product diversification is one of the major components for obtaining success in the business. Without including a wide range of products into the stores, the organization would not be able to engage a huge number of customers (Rothaermel, 2015). In recent years, most of the retail organizations have been focusing on the non-retail food products for enhancing the business opportunities. Hence, the particular organization may include diversified products for the enhancement of the business. By conducting the external analysis, it can be identified that the political frameworks often create difficulties to the retail organizations in expanding their business in the international market. However, the local government often encourages the organization to create new job opportunities in the society (Mellahi Frynas, 2015). On the other hand, the high rate of unemployment reduces the demand for products in the business. Sometimes, the organization fails to include the product according to the social condition. Consequently, it decreases the business opportunities in both domestic and international market. Sometimes, the retail organizations face challenges in the execution business process due to lack of technology (Stead Stead, 2013). In the modern era of business, the technological advancement has brought a bunch of opportunities for the retail stores to enhance the business opportunities in an effective manner. However, the market entrants are often unable to involve enh anced technology in the business due to lack of financial resources. Consequently, it creates barriers for them. Most of the business analysts have agreed with the fact that the legislative frameworks often create difficulties for expanding the business in the international market (Keupp, Palmi Gassmann, 2012). The new entrants always need to follow the code of conducts of the business for executing the business in an effectual manner. By conducting the competitive analysis, it can be assessed that the existing retail organizations often face difficulties in competing with the new entrants, as the new organization follows low pricing policy for engaging a huge number customers in the business (Goetsch Davis, 2014). On the other hand, the suppliers also face several issues to deal with the retailers. Sometimes, the large retail organizations create pressure on the suppliers to supply products at the cheap pricing rate. Conclusion: It can be concluded that the success of the retail organizations depends on its strategic business applications. In the rapidly changing business environment, the organization needs to implement different strategies for enhancing its business opportunities in an efficient manner. For surviving in the competitive market, the retail organizations must adapt to the quick changing circumstances. Hence, the strategic formulation plays an integral role in the business. Moreover, the strategy formulation indicates the continuous process of learning about the market structure and its ever changing nature. With the involvement of the strategic business unit, the organization can understand different aspects of business including strategic foundation, size, and scope of the trade, product and brand identification, the promotional activities, and the financial targets, etc. In this particular assignment, the internal and external analysis on the retail industry has been conducted. On the other hand, the competitive analysis has been discussed on the particular organization. Hence, it can be assessed that the particular paper highlights the strategic analysis on the retail industry in an effectual method. References: Barney, J. B., Hesterly, W. (2015).Strategic management and competitive advantage concepts and cases. Pearson. Bloom, N., Genakos, C., Sadun, R., Van Reenen, J. (2012). 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