Which one of the following is a simple guide used to compile relevant information about a company's environment including economic, competitive, and political trends that may affect a firm? A) workforce requirement matrix B) environmental scan worksheet C) external resource system table D) potential globalization network
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Which one of the following is a simple guide used to compile relevant information about a company's environment including economic, competitive, and political trends that may affect a firm? A) workforce requirement matrix B) environmental scan worksheet C) external resource system table D) potential globalization network
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- Take an organization of your choice and and give a brief description concerning: i. what it produces or sells ii. the industry it belongs to iii. the sector of the economy it belongs to iv. the government regulators in the sector 1. Conduct an environmental analysis for that organization i. Scan the organization's environment and identify at least 10 factors that affect the survival of the organization. ii. Monitor those factors (may be actual or based on assumed changes) iii. Forecast those factors into the next three years (assume how the factors will change in the next three years) iv. Do an assessment of the effects of the factors on the organization (how will those factors affect the organization in the next three veare andConsider a shop and review the six aspects of the external environment (Economic, Political/legal, Sociocultural, Demographic, Technological and Global factors). Create a list of factors in the external environment that could affect the management of the business and explain the impact each factor has on the selected business. Word count: 800-1,000 words, including tables, diagrams and reference listSelect an e-commerce company. Identify its customer value proposition, its revenue model, the marketspace it operates in, who its main competitors are, any comparative advantages you believe the company possesses, and what its market strategy appears to be. Also try to locate information about the company’s management team and organizational structure.
- 10. Competition among existing firms can not be defined by: Select one: a. Industry growth rate b. Learning economies c. Degree of differentiation in products and services d. Communication and governanceResearch one (1) company that utilizes information technology to elevates its business strategies. Detail these technologies and their impact of the business.All other things being equal, which of the following would lead to lower barriers to entry in an industry?
- What does “sustainability” mean to you? Explain how you would go about creating a short memo on a research topic that is entirely new to you?omplete a PESTLE (Political, Economic, Social, Technological, Legal andEnvironmental) analysis of your organization. By doing this you will have a greater understanding of your organization and its place within the market. When doing this activity you should be preparing it as you were going to present it for your executive team. Remember this is to be done at the organizational level and not in regard to one specific product and/or service)Define the following. i. Business Cycle ii. Technologyiii. Pure Inventioniv. Process Innovation v. Demography
- a) I) Discuss one tool use to examine the external business environment . a)ii) discuss one tool used to examine the internal business environment.Porter's Five Forces Model is an essential framework for understanding industries and market forces and is an effective tool when analyzing a company that employs you as a consultant. It will help you come up with strategies to put forward to your client which will improve their business. By assessing the five forces you will be able to determine how the attractiveness of the market or the industry that your client is in. In general, the stronger these forces the less attractive the market or industry as it is more competitive which means that in times of increased competition there is more strain on the company. The main focus in your role as a consultant will not only be to assess these for your client but also to consider and propose viable solutions for your client. Choose one of the following listed here and analyze what happened to the market using Porter's Five Forces: GPS device and a road atlas (Analysis requires research. I am expecting you to research market development…Think about the seven contextual factors in relation to your business and industry over the next three years. Of the seven contextual factors, which ones does your department, unit, or organization need to pay attention to? Which ones will be most impactful? Rank the seven contextual factors from high to low impact. Your responses will remain private. Selecting a ranking will move the item to the chosen spot in the ranked list. Contextual Factors Technology: The impact of new technological innovations in both the products and services that companies produce and provide in addition to the ways in which they conduct business. Consumerism: The impact that consumers have in shaping the ways in which companies produce, market, and sell products and services. Labor: The role that employees and the broader workforce play in shaping the conditions in which businesses operate. Demography: The age, race, gender, religion, ethnicity, family size,…