Conduct an internal and external environmental analysis for your proposed business (the same business as the week 2 assignment). Consider the forces and trends below that must be taken into consideration while developing a strategic plan.
Create a SWOTT table summarizing your findings using the template provided in the Course Materials forum. Your environmental analysis should take into account, at a minimum, 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 Global Economic Technological Innovation Social Environmental Competitive analysis
Internal forces and trends considerations:
Strategy Structures Processes and systems Resources Goals Strategic capabilities Culture Technologies Innovations Intellectual property Leadership
Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:
Include economic as well as legal and regulatory forces and trends. Critique how well the organization adapts to change. Analyze the supply chain operations of the organization. Identify issues and/or opportunities:
Identify the major issues and/or opportunities that the company faces based on your analysis above. Generate a hypothesis surrounding each issue and research questions to use for conducting analysis. Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.
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