Strategy, Enterprise and Innovation

Costco Wholesale UK

Module Name: Strategy, Enterprise and Innovation

Level 6

Item of Assessment: Report

Word Limit 800 (+10% maximum)

Acceptable Formats for Submission: Microsoft Word

Assessment Details

(As of this the part will be integrated into a larger report, no introduction should be made about Costco Wholesale UK)

Task: 3. Using Porter’s Five Forces framework and/or any other relevant tools, evaluate the impact of the main competitive forces that are influencing entrepreneurial activities and profitability within the industry.

d) Using Porter’s Five Forces framework and/or any other relevant tools, evaluate the impact of the main competitive forces that are influencing entrepreneurial activities and profitability within the

industry. (800 words)

• Porter’s Five Forces framework has been clearly applied to evaluate the impact of the main competitive forces that are influencing entrepreneurial activities and profitability within the industry. (20%)

• Other relevant tools (e.g. P.A.R.T.S, Value Net) from Game theory has also been clearly applied to analyse the competition and complement that increase value within the industry. (10%)

Using the Harvard reference format

Harvard format has been correctly and consistently used in both citations and the reference list. This also includes the correct use of citations where illustrations of relevant frameworks are presented in the report. (5 %)

This part of the report needs to relate to industry and realities in the UK because the analysis is for Costco Wholesale UK.

Please use as quotes and material references as recent as possible, newer than 2016.

Recommendable sources from academic literature:

Johnson G., Whittington R., Scholes K., Angwin D and Regner P (2017) Exploring Strategy: Text and Cases (11th edition). Pearson Education

MacKay B, Arevuo M, MacKay D and Meadows M (2020) Strategy: Theory, Practice, Implementation. Publisher Oxford University Press.

The teaching materials for the lessons taught to us in the course are especially inspired by these two above. Please use these two above sources as much as possible in the report.

Grant R. M (2016) Contemporary Strategy Analysis: Text & Cases. 9th Edition, Wiley & Sons Ltd

Porter M E (1996) ‘What is strategy?’, Harvard Business Review.

Recommended websites:

CMI Management Direct

Harvard Business Review: an excellent site for sourcing real-world case examples and leading-edge developments in strategy, enterprise and innovation. hbr.org/ (Links to an external site.)

Strategic Planning Society: this site publishes Long Range Planning; a highly rated strategy journal and the site provides insight and gateway to some of the leading contemporary debates in strategic management. sps.org.uk (Links to an external site.)

The Blue Ocean strategy concept is one of the most influential strategies to emerge in this century. Several cases and research papers can be found on the official website. blueoceanstrategy.com

Any other academic sources newer than 2016 can be cited in the report.