Reference no: EM132914810

Internal analysis is factors you take into consideration of specific functions within your organization. If you are looking at how your warehouse functions that department is taking an internal look at best practices and approaches to improve productivity.

External analysis is factors your organization takes into account based on an outside view. Basically it is a look how you compare to competing companies to ensure you are in compliance with standard acts and practices in whole.

In internal analysis organization typically analyze the productivity of the employees and the success of current products. The company will find better ways to increase moral and productivity and ways to better advertise a product.

External analysis takes a broader view from outside the company. They analyze if they are keeping up with current trends. They compare there functionality against other companies within the sector they are trying to gain a competitive advantage upon.

The results of these analyses helps inform companies on how to adapt to the current market and when to pull back on certain functions. A good compareson to how companies reacted to the out brake of the Covid Pandemic was food services pushed food delivery services such as Doordash, Uber Eats, and other food deliver companies. Even food services that already provided delivery was forced to utilize these services to keep up with the demand of their customers.