Describe the components of the external environment

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Reference no: EM132229543

The SWOT analysis, also known as a Situation Analysis, is an analysis of the firms internal and external environments. The internal environment is identified by Strengths (S) and Weaknesses (W). The external environment is identified by the Opportunities (O) and Threats (T).

For this discussion, please identify the following for the corporation you identified in Discussion One (when you identified their Mission and Vision):

Part 1 - External Environment:

Describe the components of the External Environment for the corporation you identified in Discussion One (when identified the Mission and Vision).

The key external forces are divided into five very broad categories.

1. Economic forces

2. Social, cultural, demographic, and natural environmental forces

3. Political, governmental, and legal forces

4. Technological forces

5. Competitive forces

The discussion post should be a minimum of 300 words, and include at least one academic journal reference.

Reference no: EM132229543

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