Internal and external environmental analysis.
Considerations of a Strategic Plan: List, create a SWOTT table summarizing your findings.
The environmental analysis should take into account, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.
External forces and trends considerations:
Legal and regulatory
Internal forces and trends considerations:
Processes and systems
The response addresses the queries posted in 636 words with references.
// Environmental Analysis helps out to bring the external and internal factors, which affect the organization's environment. Before writing about the environmental analysis, we have to write what is exactly meant by it and what is the result of such analysis. So, firstly we'll describe environmental analysis and its components in brief. For example//
Environmental analysis is the evaluation, monitoring and dissemination of information from the external and internal environment for the key people in the organization. It is used by the organization to ensure its long term profit by avoiding the hurdles, which might come in the way of effective strategic planning. It constitutes two parts; one is internal environmental analysis and another is external environmental analysis.
Internal environmental analysis: It is used to analyze internal factors in order to identify strength and weakness of the company. The internal factors are of various kinds such as strategy, culture, resources, structure, system, intellectual property, leadership and goals of organization.
External environmental analysis: It is used to analyze ...
This response addresses the queries posed in 441 Words, APA References