Question: OBJECTIVE: To study why and how a company adjusts its business strategy to adapt to changing external environments. You have to analyse a firm/company business

OBJECTIVE: To study why and how a company adjusts its business strategy to adapt to changing external environments. You have to analyse a firm/company business strategy and answer the below questions in detail. INSTRUCTIONS: Using an Internet browser or a colleges library research portal, identify a recent article from such business news outlets as The Wall Street Journal, Bloomberg Business, Forbes, or Fast Company or any new business or company from Pakistan that describes a company that is changing its shortand long-term business strategies. Please read the article and provide answers to the following questions:

Q-1: How would you describe the companys former business strategy?

Q-2: Why is the company changing its strategy? What external forces are encouraging it to change?

Q-3: How would you describe the new business strategy?

Q-4: What strategic goals or major targets does the company hope to achieve?

Q-5: How does the company intend to translate its new strategic goals into tactical or operational plans? Which levels of management will carry out these plans?

Q-6: To what extent do you think the new strategy will be successful in addressing or adapting to the external forces? Explain.

Q-7: Prepare a SWOT analysis based on the information given in company business strategy.

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