Strategic Audit for CVS Pharmacy in USA
Strategic Audit for CVS Pharmacy in USA
Prepare a strategic audit for CVS Pharmacy corporation in the US.
Outline for Strategic Audit
EXTERNAL ENVIRONMENT
a.
Demographic
b.
Economic
c.
Political-legal-Regulatory
d.
Sociocultural
e.
Technological
f.
Global
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]
IV. INTERNAL ENVIRONMENT
A.
Corporate Resources
b.
Finance
c.
Operation Management
d.
Information Technology
[..6]
V. ANALYSIS OF STRATEGIC FACTORS (From formal SWOT)
A. Situational Analysis
VI. STRATEGIC ALTERNATIVES AND RECOMMENDATION STRATEGY
a.
Corporate Strategies
b.
Business Strategies
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 C—Financial Ratios
References (APA format)
[..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.