Strategic Management

The essay examines the case of the UK banking industry and price setting mechanisms. The analysis begins with a theoretical discussion of the various price setting strategies with a focus on the possible price setting mechanisms under imperfect competition. For this purpose, the kinked demand curve situation and Nash equilibrium are discussed. Following the theoretical remarks, the analysis explores the specific case of the UK banking industry. The hypothesis for the existence of an oligopoly is...

This coursework examines the variety of relevant theories regarding the topic of entrepreneurship development. The analysis includes the earliest considerations including the initial works of Cantillon (1755), Knight (1921) and Schumpeter (1934). A critical overview of all modern theories is also included by exploring several entrepreneurship development contexts: economic, psychological and sociological. A total of 16 authors are included in the current coursework.

The growth of Dubai and the constantly increasing electricity consumption put significant pressure on the future sustainability of the energy supply. The coursework examines the trends in electricity consumption in Dubai and proposes alternative energy sources that can generate sufficient electricity in the future. The coursework examines the potential of solar and wind energy as sustainable energy sources in the future. The policies of Dubai in the field are examined closely as the many investm...

The analysis focuses on the case of Toyota as one of the largest car manufacturers in the world. The aim of the analysis is to produce relevant strategic recommendations which will improve the long-term organisational situation in a highly competitive industry. Strategies are suggested based on extensive internal and external analysis of the organisation. Thus, it is possible to outline the most important factors that affect the actual and the future organisational performance. As a whole, PESTE...

Keynesian economics has remained one of the most widely applied and popular economic schools. This coursework provides a short overview (description and definition) of the Keynesian economics framework with focus on the most important milestones that build the model: supply and demand, the role of government intervention in determining aggregate demand, as well as, all relevant Keynesian thoughts about unemployment, savings and investment. The analysis in the coursework is based on numerous acad...

The analysis explores the case of British Gas – the largest gas supplier in the UK which serves more than 20 million households. The paper presents a market analysis by focusing on the level of competition and market performance. The operating environment is also addressed with a PESTEL and Porter’s Five Forces analyses. Moreover, the study explores the specific internal characteristics with a SWOT analysis. Based on the outcomes from the several analytical tools, the study explores the stra...

The study aims to assess the strategic decisions, choices and strategies of two competitors in the car manufacturing industry – Toyota and Volkswagen. The severe rivalry and industry dynamics, combined with excessive need for innovation and competitive advantage at all stages of operation, require organisations to carefully consider the applicability and implications of all of their strategic choices as they could have a dramatic impact on their market position and competitiveness in the indus...

The coursework focuses on studying the Lean principle from a theoretical and empirical point of view. The main aspects of the Lean operating principles are critically analysed in the literature review followed by an empirical investigation in the case of Aldi. The findings show the advantages and disadvantages of the Lean operating principles, as well as, some areas of future improvement in the case of Aldi. The coursework focuses on the benefits of the Lean operating principles, such as the imp...