Analyse future proofing strategies to ensure long term viability of a business
You need to pick a real business and examine the strategies it's using to stay relevant and survive into the future. Explain what future proofing strategies are, why they matter, and which ones work best for that business. This is about long-term thinking—making sure a business doesn't become outdated or fail.
You analyse future proofing strategies by identifying the business, explaining what influences threaten it, describing what strategies could help, and explaining how each one works.
You go deeper by thoroughly explaining each strategy in detail, showing exactly how it addresses specific influences, and recommending the best strategy with solid reasoning for why it suits this business.
You comprehensively evaluate your recommended strategy by justifying why it genuinely protects long-term viability, weighing it against other options, and showing how well it actually meets the business's future needs.
Standards typically taken alongside or after this one. Same subject, grouped by level.