Can someone do my Week 3 Assignment in Strategic Planning for Organizations?

Strategic Alternatives

Today's business environment is extremely competitive as defined mainly by the external factors that include technology, customers, competitors, opportunities and threats among other factors. It imperative for a business to clearly define and thoroughly conceive its strategic alternative to survive in such a competitive marketplace. Strategic alternatives are crucial in enabling businesses to gain a competitive advantage and to their visions (Pashkus Natalia & Pashkus, 2018). Organizations often have a variety of strategic alternatives to choose from. The popular types of strategic alternatives include the obvious, creative and unthinkable alternatives. Whereas the obvious and creative alternatives involve utilizing existing strategies to either improve or change, unthinkable alternatives a total shift or transition from an organization’s mindset or culture to gain competitive advantage in the market place (Abraham, 2012).

Strategic Alternative Bundling

To achieve the most from strategic alternatives is essential to integrate all of the three different types of alternatives since they all represent real issues that affect the organization or business.  Strategic alternative bundles play a critical role in enhancing business success; they not only help the business to sustain competitive advantage but also allow it to expand thereby increasing its market share (Chiambaretto& Dumez, 2012). Also, strategic bundling helps business to clearly define and strongly establish their market position. Therefore, strategic bundling offers more good than harm to the organization.  

Lenovo 

Lenovo technology company was founded in 1984. Initially referred to as Legend Group Limited, the company of the major manufactures of PC in the world. Lenovo adopted the globalization strategy to expand its market share and subsequently increase its gains (Schmid & Polat, 2018). It has a larger market share than other competitors like Dell. The business insider estimates its market share at 24.3% in the first quarter of 2021. Its market positioning is largely defined by its brand. To achieve sustainable growth and improvement Lenovo should consider expansion strategies that would help them to increase sale; this can be achieved through diversification.