About interpreting possible effects on its operations

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Once an organization has a good understanding of its external environment, how does it go about interpreting the possible effects on its operations and strategies? What guidelines could it use for recognizing specific threats and opportunities that deserve attention?

Reference no: EM133345220

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Describe how businesses must attempt : Describe how businesses must attempt to identify those customers' needs that are not being met by competitors.
Statement in relation to day to day operations : Discuss the above statement in relation to the day-to-day operations of two contrasting examples of organisations, from within the same business sector
Compile and report revenue and pertinent information : Discuss how you will compile and report revenue and other pertinent information to the general manager as part of the weekly executive committee meetings.
Having understanding of external environment : Having an understanding of its external environment how does an organization goes about interpreting the possible effects on its operations and strategies.
About interpreting possible effects on its operations : How does it go about interpreting the possible effects on its operations and strategies? What guidelines could it use for recognizing specific threats
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Consider your workstation design : Consider your workstation design. How much do you think the cost would be to change the item for the entire company?
Forecasting can prove problematic for organisation : Discuss the common, key principles of forecasting and also, why under or over-forecasting can prove problematic for an organisation.

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