Current Event Blog 2
Still considering yourself as a strategic management subject matter expert
The requirement for this assignment is to submit a second blog entry about another important aspect of the strategic management process and to provide examples based on current events pulled from recent articles from reputable sources (such as a major regional or national news source like the NY Times, Business Week, etc.).
Main article for blog entries must not be older than 4 months. Older sources may be used to support your discussion but the current event article serving as the main focus of your paper must be recent (not older than 4 months). You may, of course, use older sources to support your discussion but the current event article(s) serving as the main focus of your paper must be recent.
In this assignment describe why environmental analysis is important and find two recent articles that demonstrate how one or two organizations have reacted to a turbulent or competitive environment in a fashion which indicates they have leveraged their strengths, overcome weaknesses, taken advantage of opportunities, or successfully faced threats to maintain a competitive edge.
Also discuss or explain what is/are the lesson(s) to be learned that you want blog readers to take away from this analysis.
Just as the last custom question, The assignment should be a minimum of 3 pages in length.
Again, you may use organizations of your choice but preferably well known organizations.
The response addresses the query posted in 935 words with APA references
//Environmental analysis consists of both, internal and external environmental analysis. Through internal analysis, the organization realizes its strength and tries to overcome its weakness. On the other hand, through external environmental analysis, the organizations develop certain strategies to overcome its threat and grab the opportunity available. In the following discussion, we shall come across the environmental analysis conducted by two organizations, namely Coca-Cola and Wal-Mart.//
In this blog, I have explained the importance of environmental analysis and the manner in which the organizations use SWOT analysis. Along with this, two organizations, which have reacted to the competitive environment in a manner that they have leveraged their strengths, overcome weaknesses, taken advantage of opportunities, or successfully faced threats to maintain a competitive edge, have been discussed.
Importance of Environment Analysis
Environmental analysis is essential as the organization can develop their strategies and plan on the basis of analysis done.
//In the following discussion, we shall come across the new campaign started by Coca-Cola and the manner in which it had taken advantage of opportunities, leveraged their strength and used its opportunity to be ahead in the long run. This would be demonstrated by an article in the New York Times. //
Coca-Cola is a leading American beverage company, which uses its brand strength and has discovered a scientific solution for the people suffering from obesity. Being a leading beverage company in the world, the propagation ...
The expert examines the environmental analysis for strategic management. The response addresses the query posted in 935 words with APA references.