In view of the intense competition within the business environment and the changing trends in consumer tastes and preferences, develop a strategy for a firm of your choice. With your knowledge in strategic management process, discuss the steps you will follow to develop the strategy.

In view of the intense competition within the business environment and the changing trends in consumer tastes and preferences. Develop a strategy for a firm of your choice. With your knowledge in strategic management process, discuss the steps you will follow to develop the strategy.