Assignment:
Many formal organizations formulate and implement strategic plans to secure their relevant, if not, competitive futures. Part of the formulation process includes an internal and external assessment process. Please discuss the external assessment processes in terms of tools to assess the remote, industry and competitive environments, respectively. What are those tools that are used to make such external assessments? What is the purpose of external strategic assessments? Diagnose the process used for each of the three level of external assessments. How does it work? What decisions normally result from the external assessments? Please use as an exemplar the organization of your choice in application of these assessment processes. Please also assure rigor in the answer by citing peer-reviewed sources for your research in support of the theory behind theses processes.