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Components of the external environment

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Reference no: EM133077395

Question 1: What are the THREE Components of the External Environment? How/why to do they "add value" to the external analysis process?

Question 2: What model can be used to perform Industry Analysis? Please identify and discuss at least 2 forces evaluated in the Industry analysis model.

Question 3: What is the major difference between Porters Traditional Model and the (New) Competitive forces model? Please include a real-life example of the "SIXTH" force.

Question 4: Identify at least 3 segments or subcomponents of the general environment. Discuss at least one of them. Hint: How has the global pandemic ( global segment) affected a company or organization?)

Question 5: Discuss the VRIO Framework. What does each letter represent? How does the framework "add value" to the Internal Analysis process??

Question 6: What are the TWO Major Activities performed in the Value Chain analysis? Hint: One = Support Activities. How does value chain analysis "add value" to the internal analysis process?

Reference no: EM133077395

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