Environmental Analysis : San Joaquin Valley College

The environmental analysis is carried out on the internal and the external business environmental factors. The internal analysis describes the strength, weakness, opportunities and the threats of the organisation internally. But the

Organizations are required to fully understand their changing business environment to help them act with relevant strategies. Macro-environmental analysis is one of the most essential tools used in this case. The analysis includes different aspects, including political, social, economic, technological and environmental aspects.

3. The government has many affects on the economic activity by regulation, trade agreements, and subsidies. Adopting different forms of regulation is healthy to push businesses to a certain standard but have unintended consequences. For example, having a regulation in a workplace that a certain amount of workers have to be ethnically diverse could force businesses to hire unfavorable candidates only to comply with a

Again, the results of a firm’s environmental analysis will help management to respond to changing conditions in the environment. For example, if the firm’s competitors use their environmental analyses to be ready for regulatory changes, but management ignore the same, then the firm will be disadvantaged. The analysis must be effective in gauging all the key elements that is suspected to impact the firm’s operations and which attempts to forecast how future actions will affect the firm’s business

Environmental analysis is a process for identifying all external and internal elements that can affect the performance of the organization and evaluating the level of threat or opportunity they present. Opportunity and threat assessments are then incorporated into decision making process in order to better align strategies with the organizations environment (Investor Words, 2015). Every destination needs to know about their strengths, weaknesses, opportunities and threats.

Analyze the external environment. The next step is to identify environmental opportunities and threats. Here you should apply all information you have

There are many external and internal factors that impact the planning functions of management. We must all be mindful of these factors because they could have an enormous impact on organizations productivity. The process of assessing the external and internal factors that an organization will face can be vital to the planning function of management. One must determine a set of issues and constraints and then list the assumptions that will impact the implementation of the plan. The environmental assessment develops understanding of external and internal processes that influence the organizations success rate. The purpose of the environmental assessment is to identify and analyze the key trends, forces,

2. Environmental monitoring. Examining the macro, industrial, competitive, and internal environments will produce the reasoning and ongoing analysis as to why this plan will support the senior leaders and new employees achieve their best performance.

This essay is based on the Premium Oil and Gas Company (POG) case study. POG, as a global, company is functioning in diversified business environment. It causes in fact, a necessity to deal with varied internal and external environmental issues, that occur within the company. Internal business environmental issues are in control of the enterprise. External business environmental issues, on the other hand, are driven by factors, that are beyond the control of the company (e.g. legal issues).

4. To find out how the strength of the company’s competitive forces are congruent with the industry’s through the five-forces model of industry competition.

Environmental analysis- it is evaluation of the possible effects of external forces and conditions on an organization’s survival and growth strategies.

An organization 's external environment has three components: the remote environment, the industry environment, and the operating environment. The Remote environment is made up of economic, political, social, technological, and ecological factors. The industry environment is made up of entry barriers, supplier power, buyer power, substitute availability, and competitive rivalry. The operating environment is made up of competitors, customers, labor, and suppliers.

This book is based on the environmental issues which help the managers decide on the strategic decisions that are both economically successful and delicate to the natural enviroment. It will help managers to know about the current global and public issues which particularly relate to the economic activities but the businesses. There are scientific, social and economic concepts being introduced, which can be co related to sensitive environmental issues. This can help achieve a long term economic success within the limits of the ecosystem.

There are both internal and external environmental factors that affect a business’s long term objectives and strategies. A learn must understand these components in order to ensure success and sustainability. The following essay will discuss how these factors influence or impact a business.

When considering how to pay employees, a business must factor in the legal requirements of pay placed by the government. Government regulations affect pay by implementing the equal employment opportunity, minimum wage, overtime pay, and