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Conduct an internal and external environmental analysis for your proposed business.

Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today's business environment and each Learning Team members' selected business idea, provide a list of the lessons learned from your Learning Team's discussion for each of the items listed below. Use this discussion to complete this assignment.

Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.

• External forces and trends considerations:

o Legal and regulatory

o Global

o Economic

o Technological

o Innovation

o Social

o Environmental

o Competitive analysis

• Internal forces and trends considerations:

o Strategy

o Structures

o Processes and systems

o Resources

o Goals

o Strategic capabilities

o Culture

o Technologies

o Innovations

o Intellectual property

o Leadership

prepare up to a 1,200-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:

• Include economic as well as legal and regulatory forces and trends.

• Critique how well the organization adapts to change.

• Analyze the supply chain operations of the organization.

• Identify issues and/or opportunities:

o Identify the major issues and/or opportunities that the company faces based on your analysis above.

o Generate a hypothesis surrounding each issue and research problems to use for conducting analysis.

o Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M971545

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