External and Internal Environments
Question Description
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External and Internal Environments
Overview
In this assignment, you are to use the same corporation you selected and focused on for Assignment 1.Using the corporation you chose from Assignment 1: StrategicManagement and Strategic Competitiveness, examine the industry in whichthe entity operates. Use any or all of the following resources toconduct research on the company:
- Company website.
- Public filings from the Securities and Exchange Commission EDGAR database.
- Strayer University’s online databases.
- The Nexis Uni database,
- Other miscellaneous sources. Note: the company’s annual report will often provide insights that other resources may not include.
Requirements
Write a four- to six-page paper in which you do the following:
- Choose the two segments of the general environment that wouldrank highest in their influence on the corporation you chose. Assess howthese segments affect the corporation you chose and the industry inwhich it operates.
- Considering the five forces of competition, choose two forcesof competition that you estimate are the most significant for thecorporation you chose. Evaluate how well the company has addressed theseforces in the recent past.
- With the same two forces in mind, predict what the companymight do to improve its ability to address these forces in the nearfuture.
- Assess the external threats affecting this corporation and theopportunities available to the corporation. Give your opinions on howthe corporation should deal with the most serious threat and thegreatest opportunity. Justify your answer.
- Give your opinion on the corporation’s greatest strengths andmost significant weaknesses. Choose the strategy or tactic thecorporation should select to take maximum advantage of its strengths,and the strategy or tactic the corporation should select to fix its mostsignificant weakness. Justify your choices.
- Determine the company’s resources, capabilities, and core competencies.
- Go to Basic Search: Strayer University Online Library to locate quality references. Note: Wikipedia and similar websites do not qualify as academic resources.
Use the Assignment 2 Template [DOC] to ensure that your assignment meets the above requirements.The specific
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