Problem 1: Conduct an internal and external environment analysis for your proposed business.
Problem 2: Discuss the forces and trends below that must be taken into consideration while developing a strategic plan. Given today's business environment, provide a list of the lessons learned from discussions of the items listed below. Use this discussion to complete this assignment.
Problem 3: Create a SWOTT table summarizing your findings. 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 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.