External And Internal Environment Overview In This As 389109
External And Internal Environmentsoverviewin This Assignment You
In this assignment, you are to use the same corporation you selected and focused on for the Strategic Management and Strategic Competitiveness assignment. You will examine the industry in which the entity operates, utilizing resources such as the company website, public filings from the Securities and Exchange Commission's Filings & Forms, Strayer University's online databases, the Lexis Advance database, and other miscellaneous sources. The company's annual report is often a valuable resource for insights that other sources may not include. Use the External and Internal Environments Template [DOC] to ensure your assignment meets the requirements.
Paper For Above instruction
Your paper should be 4–6 pages and include the following components:
First, identify and analyze the two segments of the general environment that have the greatest influence on your selected corporation. Assess how these segments impact both the company and the industry it operates within. Consider factors such as economic, technological, sociocultural, political, legal, or environmental influences that could significantly affect strategic decisions and performance.
Next, evaluate the five forces of competition and select the two most significant for your chosen corporation. Examine how effectively the company has addressed these forces recently. Additionally, predict how the company might improve its approach to these forces in the near future, considering current industry trends and competitive dynamics.
Assess external threats and opportunities currently affecting the corporation. Provide your analysis on how the company should handle the most serious threat and exploit the greatest opportunity. Justify your recommendations with rationale based on the company's environment and strategic position.
Furthermore, analyze the corporation's internal strengths and weaknesses. Offer your opinion on its greatest strengths and most significant weaknesses. Recommend specific strategies or tactics that the company should adopt to maximize its strengths and to address its weaknesses. Justify your choices based on a thorough understanding of the company's resources and capabilities.
Finally, determine the company's resources, capabilities, and core competencies that give it competitive advantage. This includes analyzing tangible and intangible resources, as well as distinctive capabilities that underpin the firm's strategic positioning.
Throughout your analysis, reference at least three high-quality sources accessed via the Strayer University Online Library, avoiding non-scholarly sources such as Wikipedia. Proper citation and adherence to Strayer Writing Standards are required.
References
- Author, A. A., & Author, B. B. (Year). Title of the scholarly article. Journal Name, Volume(Issue), pages. DOI or URL
- Company Annual Report. (Year). Company Name. Retrieved from company website or SEC filings
- Author, C. C. (Year). Book Title. Publisher.
- Industry Analysis Report. (Year). Source Name. Retrieved from database or publisher
- Author, D. D. (Year). Article Title. Journal/Source Name, Volume(Issue), pages. DOI or URL