Prepare a strategic audit for CVS Pharmacy corporation in the US.

 

 

Outline for Strategic Audit

 

EXTERNAL ENVIRONMENT


A.  
Societal Environment

a.     
Demographic

b.    
Economic

c.     
Political-legal-Regulatory

d.    
Sociocultural

e.     
Technological

f.      
Global

B.   

[..1]
 
Competitive Forces

a.     
Threat of new entrants–Ranking 1

b.    
Bargaining power of buyers–Ranking 3

c.     
Threat of substitute products or services–Ranking 3

d.    
Bargaining power of suppliers–Ranking 2

e.     
Rivalry among competing firms–Ranking 3


C.   

[..2]
 Driving Forces (e.g., trade agreements)
[..3]
 


D.  
Competitor Analysis

[..4]
 


E.   
Key Success Factors

[..5]
 

IV. INTERNAL ENVIRONMENT

A.  
Corporate Resources


a.     
Marketing

b.    
Finance

c.     
Operation Management      

d.    
Information Technology


[..6]
 
V. ANALYSIS OF STRATEGIC FACTORS (From formal SWOT)

          A. Situational Analysis


[..7]
 
     

 

VI. STRATEGIC ALTERNATIVES AND RECOMMENDATION STRATEGY


A.  
Strategic Alternatives

a.     
Corporate Strategies

b.    
Business Strategies

B.   

[..8]
 
Recommended Strategy

a.     
Strategy Selection

b.    
Rationale

c.     
Address Strategic Issues


[..9]
 
VII. IMPLEMENTATION

A.  
Assess Implementation Strategy

a.     
Allocating Resources

B.   
Who will develop these programs?

C.   
Who will be in charge of these programs?


[..10]
 
VIII. EVALUATION AND CONTROL
[..11]
 

 APPENDICES

 

          Appendix B—SWOT Analysis

          Appendix C—Financial Ratios


[..12]
 

References (APA format)

 

 

 





 
[..1]
Briefly talk about them no more than one paragraph




 
[..2]
In half page just be straight forward for example, threat of new entrants: are there any threats from a new entrant? If yes, who? If no just say that.




 
[..3]
If there any, briefly mention them




 
[..4]
Short analysis for the most important two competitors




 
[..5]
Just mention them as points and in two or three sentences explain each one




 
[..6]
In each one explain what is the current situation




 
[..7]
SOWT analysis




 
[..8]
Based on the analysis you did, what are the suggested alternative strategies?




 
[..9]
What is the recommended strategy and why?




 
[..10]
How to implement the recommended strategy?




 
[..11]
How to evaluate and control?




 
[..12]
Two appendixes 

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