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Discuss the number and types of forces external to a business organization that influence strategic business planning.

Locate a company in the news (a current newspaper, periodical or online news publication) and explain how it is trying to create value and competitive advantage.

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The solution discuss the number and types of forces external to a business organization that influence strategic business planning.

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Some of the most important forces external to a business organization that influence strategic planning include competitive scenario or degree of competitive rivalry in the industry, general economic conditions as well as industry conditions, government rules and regulations, consumer trends and preferences, bargaining power of suppliers and buyers, etc.

Competitive ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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