Strategic Audit; Group 1 Automotive, Inc

Pages:

7 page

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Solution:

Solution Available NOW

Subject:

FINANCE

Language:

English (U.S.)

Date:

2023-03-26

Total cost:

$ 22

INSTRUCTIONS:

Strategic Audit Part Two Part 2 of the Strategic Audit begins here The audit should be a professional report consisting of 3-4 single-spaced pages excluding figures, charts, references. Bear in mind that this is a writing enhanced course. You can lose up to 10 points for grammar pr spelling errors. You must submit your paper through the Strategic Audit link to Turnitin. Your

Part 2 of the Strategic Audit begins here

The audit should be a professional report consisting of 3-4 single-spaced pages excluding figures, charts, references.
Bear in mind that this is a writing enhanced course. You can lose up to 10 points for grammar pr spelling errors. You must submit your paper through the Strategic Audit link to Turnitin. Your paper will be checked for plagiarism when you make this submission; it must have less than 20% similarity score. (You can find out what your similarity score is by submitting your rough draft through the Strategic Audit link. I suggest you submit early enough to revise your paper if your score comes in over 20). I will grade your paper for the quality of your analysis. If you carefully follow the following guidelines, you will have a high quality analysis.

Below I have indicated the relevant chapters in your etextbook and provided you with websites that might be useful. If they don’t work, Google the topic to find other sites. Monitor my announcements throughout the semester for references to other helpful information.

There are files under the Course Documents link in the menu that will help you complete this part.



	Evaluate your company’s internal environment (Refer to Chapter 4) 10. Does your company appear to be in sound financial condition? (Be sure to complete a financial trend analysis including one ratio from each of the following categories: liquidity, activity, leverage, and profitability. You must compare your company to the industry average using 3-5 years of financial data for both the industry and the company: each ratio comparison should be presented in graph form.) Be sure to explain fluctuations in each of the four ratios you analyze. Tell us the meaning and implications of each trend. (Very Important part)
	11. Does your company have any core competencies? If so, what are they? Are they sustainable? Apply the VRIN tests to justify your answer.
	12. What are the key elements of your company’s value chain? (see fig 4.3 and http://tutor2u.net/business/strategy/value_chain_analysis.htm http://www.coursework4you.co.uk/essays-and-dissertations/value-chain-analysis.php )
	13. Complete a competitive strength assessment for your company and the two other companies studied by your team members. Which of the three companies is competitively strongest? Which is competitively weakest? Does the strongest company appear to have a significant competitive advantage over the other two companies? Why or why not? (see fig 4.4 in your etextbook for an example. The CSF matrix is also referred to as the CPS. Review the steps in https://www.strategicmanagementinsight.com/tools/competitive-profile-matrix-cpm.html or go 5 ½ minutes into the next link to see how a CSF is constructed https://www.youtube.com/watch?v=WWPWq8GJBM8 http://www.youtube.com/watch?v=eNPzFS-TEzU&feature=related )
Generate new strategies (Chapter 4)
	14. Complete a SWOT matrix. This matrix is also know as the TOWS matrix…Use the files under Bb Course Documents to help you complete this matrix…note it is more than just a listing of the strengths, weaknesses, threats and opportunities. .
	a.	What resource strengths and resource weaknesses does your company have? What external market opportunities for growth and increased profitability exist for your company? What are the external threats to your company's future well-being and profitability?
	b.	What strategic options might the company consider? Use the matrix chart that I will provide to you in Course Documents to generate and present these strategic options. There should be at least 6 strategies in the SWOT matrix chart (Refresh your memory on types of strategies by reviewing chapters 5, 6, 7, 8.)
	c.	Outline the advantages and disadvantages of each strategy in your SWOT matrix?
Recommend Strategies 15. Provide a strong rationale (justification) for your answers to 15,a,b,c.
	What strategies should the company pursue in the future?
	a.	Which one of the generic competitive strategies is best for your company? (Chapter 5)
	b.	What other strategic choices regarding competitive actions, timing and scope of operations should be made to complement its competitive approach and maximize the power of its overall strategy. (Chapter 6)
	c.	Should your company be employing a global strategy? Which of the strategic options for entering and competing in international markets would your suggest? (Chapter 7)
End of Part 2 of the Strategic Audit

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Strategic Audit; Group 1 Automotive, Inc

Introduction

Group 1 Automotive, Inc. is a multinational dealer and a dominant operator in the global automotive retailing market with luxury franchises, collision, and dealership centers in Brazil, the United Kingdom, and the United States. The corporation sells replacement parts, offers maintenance and repair services, organizes for related financing, but most importantly sells new and used trucks as well as cars. The firm has a workforce of over 15,000 people globally, allowing it to provide services across over 280 outlets with its output reaching over 300,000 units sold in 2018 (Group 1). Effective distribution of capital, operational competencies, associated revenue streams, decentralized operations, and brand diversity are approaches that make the company a success. Following its prosperity, this report access Group 1’s internal environment, generating and recommending strategies that will make it more competitive.

Group 1’s Internal Environment

a. Financial Condition

Financial trend analysis of Group 1’s liquidity, activity, leverage, and profitability ratios reveal that the entity has a sound monetary condition. Below is an illustration of the company's fiscal situation.

i. Liquidity

Figure 1: Liquidity Ratio

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