Write 8 pages with APA style on Business Strategy. Over the period of time, Foster’s Group has expanded into its existing as well as current markets by acquiring new businesses and developing its existing business lines. Due to this, firm has been able to launch different brands of beer, wine and soft drinks in Australia and other parts of the world. It is also critical to note that the Foster’s Group’s wine business specially in US is not doing well and it has also written down the value of the division in order to recognize the losses incurred. Firm has also been charged for the violation of the occupational health and safety Act of Victoria, Australia and was fined heavily due to the death of one of the workers. This report will present an external and internal analysis of Foster’s Group besides identifying three important strategic issues faced by the firm. This report will also identify two important strategic actions which firm can undertake beside presenting the recommendations. External Analysis Two of the most important tools for performing external analysis include PESTLE and Porter’s Five Forces Analysis.
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