In order to develop effective strategies it is critical to

Assignment Help Other Subject

Reference no: EM13456728

In order to develop effective strategies, it is critical to understand the marketplace environment. In this assignment, you will explore the relationship between marketplace positioning based on environmental factors.

Throughout this course, you will work on a strategy audit for a selected organization. In Module 1, you selected an organization for your course project activities and completed a market position analysis for your organization.
In this module, you will conduct a comprehensive external environmental scan of your business unit, including a five forces analysis, to identify the relevant trends that pose opportunities or threats to your business. These will serve as inputs for a final strengths, weaknesses, opportunities, and threats (SWOT) analysis that will be due in Module 4: Assignment 2.

There are many elements that can go into an environmental scan, and your analysis will depend on the nature of your business unit, product portfolio, target market, and other factors related to the scope of your business.

Your environmental scan should include some or all of the following elements:

Economic factors and trends
Political factors and trends
Regulatory and legal factors and trends
Societal factors and trends
Technological factors and trends
Geographic factors and trends

Porter's five forces that consists of the following aspects:

Threat of new competition
Threat of substitute products or services
Bargaining power of customers (buyers)
Bargaining power of suppliers
Intensity of competitive/industry rivalry

Although your analysis will be tailored to your specific business, be sure to cover the following:

A thorough five forces analysis of your industry
The key factors and trends in any other areas affecting your industry
A preliminary classification of the external factors and trends as either opportunities or threats which will be the inputs for the final SWOT analysis.

Reference no: EM13456728

Questions Cloud

Explain the difference between significance and : explain the difference between significance and meaningfulness? which one is more important to experimental results and

Using proquest locate a research study that pertains to : using proquest locate a research study that pertains to your topic is the data valid and reliable? cite examples of

Explain the difference between managers and leaders is it : in what specific ways may an individual influence an organization through his or her management and leadership

Discuss south africas apartheid policy of 1948 how was it : discuss south africas apartheid policy of 1948. how was it intiated? provide historical information of the time form

In order to develop effective strategies it is critical to : in order to develop effective strategies it is critical to understand the marketplace environment. in this assignment

Write the core assumptions of biopsychological approachwhat : what are the core assumptions of the biopsychological approach?what historical disciplines converge to create

Wo were the first to invent the portrait sculpture style : 1. using the elements of composition and the principles of design discussed in your text evaluate if goyas execution

Homework difference between1 vasectomy and : difference between1. vasectomy and tubectomy2.pollination and fertilization3.sexual and asexual

User Account

All Pages