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Essay on External and Internal Environmental Analysis

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External and Internal Environmental Analysis
Charles Johnson
STR 581
January 9, 2013
Professor Virginia Green
External and Internal Environmental Analysis Theez Doggs is a start-up restaurant in the City of Inglewood, CA. The restaurant industry is very competitive industry. A wide variety of foodservice businesses exist to generate profits from the sale of their products and services to travelers and area residents. Thousands operate in the Los Angeles area. In this paper, I will identify and analyze the most important external environmental factors in the remote, industry, and external operating environments. I will also identify and analyze the most important strengths and weaknesses of the restaurant and include an …show more content…

Political factors that affect Theez Doggs are politicians’ concern with fast food and obesity. In nearby Los Angeles, there is a ban on new fast food restaurants. The restaurant will offer healthy choices such as veggie dogs. Technological factors include the power of the internet’s influence such as online ordering, online reviews, and inventory control. The restaurant will have a website. Customers can order their food online or by text message. They can post reviews of the food, service, and other comments. Theez Doggs will have the technology to order food, supplies, and inventory control. Ecological factors: Eco-friendly packaging. Food and beverage containers are placed in reusable packaging and containers.
Industry Environment The industry environment is the general conditions for competition that influence all businesses that provide similar products. (Pearson, 2011) Customers, suppliers, potential entrants, and substitute products are competitors which are more prominent in the restaurant industry, particularly in the fast food and hot dog areas. The barriers to entry are the cost of expensive equipment, restaurant location, and availability of credit and investors. Theez Doggs have potential investors and a location. There are numerous substitutes. The company markets to a niche market for the gourmet sausages and hot dogs.
External Operating

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