Explain the conduct of environmental analysis using, A. the four general steps, B. PESTEL and C. the Porter’s Five Forces Framework
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Explain the conduct of environmental analysis using,
A. the four general steps,
B. PESTEL and
C. the Porter’s Five Forces Framework
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Solved in 2 steps
- How do I respond to this in 100 words? Environmental change can impact a firm in a rapid or sudden manner, while firms that are doing well will take the necessary steps to capitalize on new ways to limit the effects that has been impactful resulting in change. “Change can be brought about by factors such as the need to address increased competition, improve quality or service, reduce costs, or align the firm with the practices and expectation of its partners” (Parnel1, 2017, p. 260). The environment that we live is being impacted by how we sustain our lives. Changing strategies within environmental changes can be a complex process and is important to understand how strategic changes may affect consumers and employees while strategic changes that may not be warranted by the benefits. For example, renewable resources are replaceable energy resources which can be used for survival. “Energy is the lifeblood of the global economy” (Blanks, 2004). The sources of energy on our planet…1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: How do you increase the interaction and interest of your audience during your time communicate the business idea?1. The business that I will start is a Coffee business.As a result,it aims at solving the problem of- -Quality of coffe bean -Coffee brewed properly -To take it from a common coffee to a global drink -To create acceptance through all age segments -To supply coffee globally that is of quality 2.The product or service -Quality coffee having no match in the industry -Ease of use and less time of preparation -Include variants to suit each ones taste -Build on the benefits of different types of coffees 3.Target market- -Young People -Coffee lovers -Office workers -Foodgram 4.Competitors- -Coffee estate owners -Local coffee manufacturers -Coffee companies as it forms a substitute 5.Promotion -Advertisement from Instagram-Ads -Café’s interior design -10% discounts for first purchase -Special offer on customer’s birthday Based on the business idea above, do the following: a. How do you communicate these business ideas creatively and innovatively to potential investors. Use the core…
- Understanding the common vocabulary used in strategic management is important to theapplication of its concepts.Required:a. There are four general steps in conducting an external environmental analysis startingwith scanning of the environment. Briefly, explain all four steps.aspects of the environmental analysis thatwould be important to consider that are not covered by SWOTTEnvironmental damage inevitably threatens the welfare of human beings as well as plants and animals. a) Define environmental ethics? b) Explain with examples issues involved in environmental ethics? note: sir kindly question (a) give me sort answers and (b) give me explanation and conclusion. Thank you.
- After operating for some time and having evaluated the finances to project the sales of the business, it is necessary to think that, as a business owner, you must establish a strategic marketing plan which gives you a better idea about the market and business opportunities. growth in the industry. For this reason, in this task you will develop a strategic marketing plan for your coffee shop business. The plan must contain the following elements: a) Executive Summary i) Summarize all the most important aspects of your strategic marketing plan. b) Our client (buyer person) i) Describe the different types of customers the business appeals to. c) Product or service i) Evaluate the product or service according to the market need. ii) Defines the branding elements of the business.How do I respond to this in 100 words?Environmental changes can have a significant impact on a firm and its strategic management. These changes can come in various forms such as climate change, government regulations, technological advancements, and shifting consumer preferences. As these changes occur, firms must adapt and adjust their strategies to remain competitive and sustainable in the market. For example, let's consider a firm operating in the energy sector. As environmental concerns grow and governments impose stricter regulations to reduce carbon emissions, the firm's strategic management must respond to these changes. The firm may need to invest in research and development to develop new renewable energy technologies and shift its focus away from fossil fuels. This could involve investing in wind or solar power projects, developing energy-efficient technologies, or exploring alternative energy sources. These environmental changes can also present opportunities for the firm.…Why is it essential that an organization’s environmental management system (EMS) support both senior management and operational employees? Include flowcharts if any. Content matters.
- Final Business Model and Strategic PlanWrite a 700- to 1,050-word section for your business model and strategic plan in which you add your strategies and tactics to implement and realize your objectives, measures, and targets.Include marketing and information technology strategies and tactics.Develop at least three methods to monitor and control your proposed strategic plan, being sure to analyze how the measures will advance organizational goals financially and operationally.Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.Develop a 350-word page executive summary defining the new division of existing business. Share your Vision, Mission, final business model, value proposition and list your key assumptions, risks, and change management issues. Quantify the growth and profit opportunity and planned impact on various stakeholders.Note:…Superior Beverages", a medium sized juice company that wants to report on social and environmental responsibility for the first time. what are the 12 Steps of Reporting and explain what Superior Beverages will do each step.I would like you to find a current article (no more than 6 months old) that describes a strategic issue being faced by a specific business organization. Briefly summarize the article and then analyze using a strategic concept from the first four chapters of the text. For example, you might find an article about how Nike is responding to a new Adidas marketing program. (Ch 3 external analysis - competitors). each article analysis should be no longer than two pages with the summary 1/2 and the analysis 1/2 of the paper. Use APA as your style guide and remember, this is a UWR course for the university.