Contents
- Introduction
- About Hay Steel supplies 4
- Stakeholders of Hay Steel Supplies 5
- Strategic Planning 5
- Business Ethics and Social responsibility 6
- External Environmental Analysis of Hay Steel Supplies………………………………………… 7
- PESTEL Analysis for the Macro Environmental Analysis 7
- Porters Five Forces Model for Micro Environmental Analysis 7
- Internal Environmental Analysis of Hay Steel Supplies 9
- Porters Generic Model 10
- Conclusion 10
Description
This paper focuses on understanding the strategic management activities and aims of Hay Steel Supplies, which sells steel to the public, while also operating a medium size steel fabrication and repairs workshop. The theoretical concepts of strategic management will also be contrasted with the practical considerations of strategic management of the business.