Since March 2013, T Mobile has positioned the product as the best choice for consumers by offering flexible policies and cheaper prices and more innovative products. This strategy helped the company soon, and since the second quarter it has begun to show tremendous growth, which is beyond the huge growth rate of AT & T (Porter, 2008). By the end of the third quarter, T-Mobile added about 444,000 new connections, but AT & T added only 363,000 new connections.
The first task you need to accomplish to implement the strategy above is to gather information related to strategic planning. Organizational audits or strategic audits are designed to provide T-Mobile administrators with tools, information, and commitments to evaluate the strengths and priorities of current strategies. Audit generates the data necessary to determine if policy needs to be changed or exactly what changes need to be made. The actual direction of T-Mobile is the sum of the viability of strategies compared to external market, competitors, and finance reality, the degree of internal adjustment to support strategies, what to do and do . Therefore, internal evaluation and external or environmental evaluation are the main contents of the organization audit.
Please check the advantages, disadvantages, opportunities, and threats of T - Mobile, also called SWOT analysis. The strength (S) and the weakness (W) are considered to be internal factors with some control means, and the opportunity (O) and the threat (T) are considered to be almost uncontrollable external factors It is. SWOT analysis is the most well-known tool for auditing and analyzing the overall strategic location of business and its environment. Its main purpose is to identify the strategy to create a company-specific business model to optimally match the organization's resources and functions with the requirements of the company's operational environment.
This article will focus on Nestl's strategic audit. It introduces the various business strategies that Nestlé uses in its business. First, I will decide the current position of Nestle and continue the strategic audit. In this article we will observe the various financial facts and data of Nestlé to strengthen strategic audits. In this paper, we analyze various internal and external environments such as SFAS (Strategic Factor Analysis Strategy), IFAS (Internal Factor Analysis Strategy), EFAS (External Factor Analysis Strategy), and so on. Please find a strategic option to which Nestlé can apply. In addition, this article also proposes implementation and control methods to support enterprises.