Internal Analysis : External Analysis

An internal analysis’ purpose is very similar to that of an external analysis. Both are essentially developed to assist an organization build a successful strategy. Where they differ is that the external analysis focuses on the influential external elements; an internal analysis focuses on the internal forces. An internal analysis can unquestionably assist an organization drive up the profits aligning with internal matters. First, it is important to recognize what an internal analysis entails. In the course of this paper we will be looking into the key components that comprise this analysis. These components are StilSim’s value-chain, resources, core competencies, stakeholders, and finally their mission and vision.

The main purpose of this paper is through the company 's external and internal environment analysis to evaluate the company in the industry and future developments. Assess the external environment mainly through PESTLE Analysis and Porter 's 5 Forces. Strategic Recourses & Capability Analysis for internal environmental assessment is conducted. Finally, the company somehow SWOT analysis, concluded ••••

First of all, one of the major drawback of cosmetic surgery is high expense. Some of the

One area that has contributed to the rise of healthcare costs are the varieties of healthcare services offered to the patient. Competition between providers has caused physicians and hospitals to offer the most current healthcare technologies and modern, eye-catching settings in order to attract and retain clients (Shi & Singh, 2015). Reimbursements for costly procedures and hospital services have been compensated at a higher rate which has also supported the expansion of hospital and specialty procedure settings (Schroeder & Frist, 2013). Renovations of the physical settings and the acquisition of expensive technologies have elevated healthcare services prices to encompass the additional costs of providing high technical services and attracting clients and cause the over-utilization of expensive treatments.

In this segment, the retailer J.C. Penney will be analyzed against the department store retail industry, with particular emphasis placed upon their competitors, Macy’s and Kohl’s. The major components to be discussed will include the general external environment (i.e. demographics, economics, politics, legal requirements, technologies and global expansion), the industry environment, the competitive environment, the driving forces and the key factors for success within the industry. In terms of the general external environment, the retail industry is a multi-trillion dollar business in the United States alone and maintains operations primarily due to consumer spending. Such purchases rely upon the disposable income of

Physician operated distributors have become more prevalent in the last ten years. Currently there are five leading companies in the spinal medical device industry. In 2004, 86% of the devices used in spinal surgeries belonged to those five companies, and the remaining 14% belonged to POD’s. In 2014, PODs shares grew to 33% and that number is expected to keep growing. In 2012, 1 in 5 spinal fusion surgeries billed government insurances used devices manufactured by PODs. In the United States there is a minimum of 20 states with confirmed POD’s, but due to a lack of regulation there is no way to know the exact number of POD’s that exist within the United States.

The major problem that the hospital is facing is the reduction of price by the competitor. Price is one of the common strategies that organizations use to attract many customers. In the case, the Lexington Laser Vision has reduced its prices to what their fellow competitors cannot reduce to, as they would make losses. The hospital needs to think of the best strategies that they can incorporate before they can decide to lower on the prices, as lowering might lead to making losses, especially because the procedure is too expensive.

LVMH has a wide range of consumers from different backgrounds. It is imperative that they are aware of religion, race, culture, and buying habits in every country. For instance, worldwide people are more dependent on the Internet, signifying that the methods of how people purchase goods are changing.

In the paper "Comments: One More Externality Article" Peskin (1988) refers to the debate between Freeman, Bird, and Baumol and Oates to determine the distinction between depletable and undepletable externalities. Depletable means that if there is a fixed amount of pollution, it will be reduced as one person "consumes" it. When there is not a fixed amount of pollution that is reduced as it is consumed, then it is undepletable. For example, air pollution can be considered a depletable externality, because air pollution can be reduced by each extra person who “consumes” it. On the other hand, nuclear radiation can be counted as an undepletable externality, since nuclear emissions are generally permanent damages that cannot be reduced when an extra

Many people look for the cheapest surgery even though the surgery could be a waste of your money. They’re any many things that could go wrong during or after the surgery, rejection of implants, decolourisation of the skin, infection, scars and allergic reactions just to name a few. In a clinic and a surgeon you should look for clinic certificates and qualification certificates. In Australia, the only plastic surgical qualification is a Fellow of the Royal Australian College of Surgeons in Plastic and Reconstructive Surgery (FRACS). If the surgeon does not have these initials after his/her name, he/her is not a qualified plastic

Through an internal environment analysis, companies can identify and understand their own unique resources, capabilities, and competencies that are required for their sustainable competitive advantage. Resources, capabilities, and core competencies are the foundation of competitive advantage. There is no competitive advantages are permanently sustainable in any companies, so they have to consist on their current advantages and develop new advantages by internally understanding and analyzing their resources and capabilities. Competitors have their own unique resources, capabilities, and core competencies to create values for their customers. Both tangible and intangible resources, which include individual, social and organizational phenomena, are combined to generate capabilities. In turn, company’s capabilities are used to build core competencies. Also, core competencies are as a source of competitive advantage for a company to win in the competitive market.

Credibility statement: According to the American Society of Plastic Surgeons, 14.6 million plastic surgery procedures were performed in the U.S. last year alone.

An external analysis is one of the most important tasks to complete when completing a strategic analysis for a given corporation. By looking at our Internal Analysis of General Electric (GE) we identified Strengths and Weaknesses and we were able to recognize the Distinctive and Core Competencies that exist within the General Electric organization. Our external analysis consists of two major analyses: The Competitive Analysis and the Industry Analysis. By taking a closer look into what our competition and overall industry has to offer, we will further get a better understanding of the overall market and will be able to make a clear and well-supported recommendation for General Electric.

According to the American Society of Plastic Surgeons in the United States 14.6million cosmetic surgery procedures were performed in 2012. Cosmetic procedures range from skin rejuvenation to cleft palate repair. The most popular age range of cosmetic surgeries performed is 40 to 54 years old. Most of us are self conscious about how we will appear in the future. Our self conscious feelings towards our body image affects us psychologically and psychosocially by our own body-self image, sexual relationships, social interactions esteem and self worth. As we age our body dissatisfaction increases and in order to increase our body self image and esteem we proceed to undergo cosmetic surgery procedures.

DSW is the leading footwear specialty retailer in the United States operating 305 shoe stores in 39 states as of January 30, 2010. The shoe warehouse offers a wide assortment of better-branded dress, casual and athletic footwear for women and men, as well as assessories. The company’s main focus is to create a distinctive shopping experience that satisfies both the rational and emotional needs of DSW customers by offering a vast, exciting assortment of in-season styles combined with the convenience and value they desire (DSW, Inc. 2009 Annual Report).