Firm to study and understand the external environment

Assignment Help Operation Management

Reference no: EM131231029

Please answer the following questions in substantive paragraphs:

(1) Why is it important for a firm to study and understand the EXTERNAL environment?

(2) How does the General Environment differ from the Industry Environment?

(3) Select any industry of your choice: Discuss at least TWO segments of the General Environment that you feel would have significant impact on this industry + explain why.

Reference no: EM131231029

Questions Cloud

What is earth charter : What is Earth Charter? And explain its principles and Discuss how can environmentally sustainable societies grow economically?

Focused strategy differ from broad strategy : ?Generic strategies’ dimensions include type of competitive advantage and target market. In your opinion, how would a focused strategy differ from a broad strategy?

Transportation systems and critical infrastructure : Is it possible for the U.S. Government to employ dual-use, all-hazards systems to protect U.S. transportation systems and critical infrastructure?

Is there a clear thesis or specific statement of purpose : Is there a clear thesis statement or specific statement of purpose? Does the speaker demonstrate a good understanding of the material? Does the speaker incorporate appropriate recent and credible supporting materials or evidence?

Firm to study and understand the external environment : Why is it important for a firm to study and understand the EXTERNAL environment? How does the General Environment differ from the Industry Environment? Select any industry of your choice: Discuss at least TWO segments of the General Environment that ..

What similarities do you see between the companies : Give an example of at least two different types of companies and identify the basic activities and transaction cycles in each. What differences and similarities do you see between the companies?

Explain the key concepts of hertzberg theory of motivation : Explain the key concepts of Hertzberg theory of motivation. Explain how would use the finding of the Hertzberg theory of motivation to motivate your workers in a fast food industry

Compute the amount of gross profit recognized : Compute the amount of gross profit recognized in 2010 and 2011. Prepare the journal entries to record the sales, cash collections and recognition of gross profit only if appropriate in the years 2010 and 2011.

Preparing to meet increased demand over the next three years : Your company is preparing to meet increased demand over the next three years. To do so, its CFO has determined that you should build a new manufacturing facility, either in Bay Town or in Pasadena. The lender will offer different rates for these two ..

User Account

All Pages