Strategic Marketing Plan Master Essay Example | Topics and Well Written Essays - 2500 words

Strategic Marketing Plan outmatch - Essay ExampleTherefore business strategy includes all activities a corporation undertakes to achieve its mission, muster up its resources to derive competitive advantage within a dynamic environment. Organizations, which can continuously anticipate, adapt and present to meet changing trends in the environment and customer expectations are said to have a vision. This vision, otherwise known as long margin focus enables them to be continuously successful and deliver order to their stakeholders. Johnson et al. include two additional features, one, the long-term focus, the other, defining its scope, in their definition of strategy. They define strategy as the direction and scope of an organisation over the long term which achieves advantage for the organisation through its physical body of resources within a changing environment and to fulfil stakeholder expectations (200410).Radiant Services Company Inc. (RSC) is a tax revenue consultancy ser vicing individuals and business organizations by offering them advice all areas of taxation. ... RSC considers that its service offering of tax planning would answer it build long-term relationships with its customers by making the company an indispensable integral part of management and fiscal planning. RSCs customers appreciate the value of taxation and financial planning and are cognizant of the lost opportunity be if they do not desire expertise in these areas. Changes in the market dynamics like increase competition, simplification of tax laws, the advent of information technology solutions to complex problems pose a long term threat to the company especially because of high dependence on one area of financial consulting. The company realises the necessity to diversify to achieve stability and sustain growth in the dynamic environment. The companys customer nursing home may be categorized into three categories. The first is the individual taxpayer household, which offers c onsistent revenues. Of this again 20% consists of customers who seek advice on tax planning and investment portfolios. The rest seek advice only tax planning. The second category comprises of organizations that employ less than forty employees. These organizations have annual sales in the range of $250,000 to $3,000,000, privately owned, largely around San Francisco and are the fastest growing segment within RSCs customer base. RSC considers that it would be a profitable long-term strategy to hitch to these organizations and grow along with them.The third and most important segment for RSCs flow revenues comprises the organizations that employ more than forty employees. They generate the highest revenues on per-hour basis and seek the widest range of consultancy services from RSC in the areas of taxation