SUMMATIVE ASSESSMENT Course: Learning Outcome: Applied Retail Management Analysis Cycle: 4 and 5 Evaluate current business-level (functional) SA: 10 strategies and make recommendations for improvement Recommend strategies for a business to achieve competitive advantage. Performance Criteria: Overview To be successful in this unit you must report on the strategies that your group used to achieve a competitive advantage for your business. Instructions 1. Refer to the company you created in Assignment 7 to complete the tasks below. Task 1 (PC 14.6) 1. Discuss what strategies you will employ to achieve or maintain a competitive advantage for your business. Refer to your Chapter 6 lecture notes if required. (Be sure to share your company's name and product to provide the base context for the strategy you discuss). 2. Is the competitive advantage you have shared provide your business with a sustainable competitive advantage? Why or why not. What would you change or do to make your business' competitive advantage more sustainable and successful? apps/assignment/uploadAssignmentcontent id=_14842773_1&course_id=274361_1&group_id=&mode=view ps Translate Sign Up - Create a... Settings Payoneer online pa... Aussies Helpline B... c Analyze Two key D Task 1 (PC 11.5) (10 Points Total) Company Profile: Use your creativity to define your dream company below. 1. Define your product or service, and value proposition for your start-up. (1 Point) The product we will choose to sell is a certification of assessment for computer science college students that tests and certifies their skills as a programmer and ready for employment in the technology and software industry 2. Provide your unique company name. (1 Point) Codechef 3. Where will the company headquarters be? (City, Country) (1 Point) Mumbai, India 4. Define the target market for your company. Provide specific details. (1 Points) Target markets all students of engineering in India studying in colleges in their third or final year of education and looking to be placed in software companies post their education Strategic Management - Strategy Development Strategic Management - Strategy Development 5. Write both a vision statement and a mission statement for your company, using the key elements of each statement that you learned in Activity 11.1. (2 Points for each statement) Vision: To ensure continued improvement of programming skills and talent available in the world Mission: HIGHER COLLEGES OF TECHNOLOGY To ensure that every college student has the necessary skill to be a part of the software industry 6. List 5 core values for your company, that will shape the corporate culture. (1 Point total) . Ambition Agility Desire To Learn Smartness Diligence . . To ensure that every college student has the necessary skill to be a part of the software industry 6. List 5 core values for your company, that will shape the corporate culture. (1 Point total) . . Ambition Agility Desire To Learn Smartness Diligence . . 7. What step in the strategic management process is Define Vision, Mission and Values? (1 Point) Defining Vision, Mission and values is the first step in Strategic Management for any business as it sets a context and background for any goals and objectives that will be laid out