Company external and internal environments

Assignment Help Business Management
Reference no: EM133032537

Evaluation of a company's external and internal environments is vital in order for managers to be able to formulate strategy. But how do these two environments interact? Is one more important than the other?For your initial post, address the following:

Explain the relationship between a company's external environment and its internal environment

Assess which one has a greater impact on company strategy

Share an example from personal experience or news media that supports your argument. For example: Consider a hike in gas prices. In an industry dependent on gas, severe increases in price cause them to make changes internally, supporting the argument for the external environment.

Respond to at least two of your peers by respectfully explaining why you agree or disagree with their assessment of which environment has a greater impact on company strategy, and evaluate the strength of their supporting example's ability to support their argument.

Reference no: EM133032537

Questions Cloud

Software for organization an important business decision : Why is selecting computer hardware and software for the organization an important business decision?
Managing and optimizing brand equity : Managing and optimizing brand equity is one of the long-term goals of any organization and thus it is a joint responsibility of all the functional departments.
Evaluate and prevent future attrition : Compare the attrition analysis data with your current employee details to evaluate and prevent future attrition.
Introduce concept of incident notification : Introduce the concept of incident notification by explaining that a key element of any response plan is to define who to notify and who not to notify
Company external and internal environments : Explain the relationship between a company's external environment and its internal environment
Determine value of terminal loss or recapture : Determine the value of the terminal loss or recapture at the end of the year. What is the after-tax net profit for the year 2018?
Defined benefit pension plan : Discuss the effect of this on a defined benefit pension plan that is 60% invested in equities and 40% invested in bonds.
Transformative global business : your goal is to obtain information related to the product offering and target market for your transformative global business.
Corporate responsibility model : The theories of profit maximization and corporate responsibility. Can you think of a company that you believe is following a corporate responsibility model?

Reviews

Write a Review

Business Management Questions & Answers

  Strategies for sustaining a competitive market profile

What other strategies would be a good fit for your company profile and provide a brief overview of these strategies.

  Identify both beneficial and unfavorable events

Identify both beneficial and unfavorable events that could possibly derail the strategy or strategies is the first step of effective contingency planning.

  Universalizability for moral reasoning

It is said we give up a great deal of information in order to enjoy the benefits of the internet commerce what are some of the information types we give up most and how justified is the trade-off?

  Market economies as economic systems

1. ‘Command economies will always be inferior to free market economies as economic systems'. To what extent do you agree with this statement? Elaborate.

  Conflict between commonwealth legislation-state legislation

There is a conflict between Commonwealth (federal) legislation and State legislation

  The bigger picture metrics that ceos

The CEO heard about your lunchtime discussion with the supervisors and managers when metrics were discussed. He would like you to help him prepare a PowerPoint presentation that he could use at the next board of directors meeting to link the d..

  How many times it appears

Given an array of names (stored as pointers to strings), use c++ program to print out the "mode", i.e., the name that appears the most times

  Case-fifteen million identity theft victims

You have the responsibility to protect yourself / company from data theft. Visit the Federal Trade Commission's Information Identity Theft website.

  Write an essay about analysis of your organisation

MGMT20144 - Understanding Management and Business Context - Business ideas can be discussed with your campus tutor, or via email consultation with the unit

  Capital investment are related and prioritized

Explain how organizational priorities and capital investment are related and prioritized.

  Fantastic adventure park

Our Town USA, Inc. has built a brand new amusement park. The park has three sections: a section with a variety of rides (some for small children and others, lik

  Accurate estimates and proper personnel

Understanding how to manage is just as important as having accurate estimates, proper personnel, sufficient completion time,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd