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BUS 475 Week 3 Individual assignment

BUS 475 Week 3 Individual assignment
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BUS 475 Week 3 Individual assignment Strategic Plan,Part II SWOTT Analysis

Conduct an internal and external environmental analysis for your proposed business.
 
Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and each Learning Team members’ selected business idea, provide a list of the lessons learned from your Learning Team’s discussion for each of the items listed below. Use this discussion to complete this assignment.
 
Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.
 
•         External forces and trends considerations:
 
o    Legal and regulatory
o    Global
o    Economic
o    Technological
o    Innovation
o    Social
o    Environmental
o    Competitive analysis
 
•         Internal forces and trends considerations:
 
o    Strategy
o    Structures
o    Processes and systems
o    Resources
o    Goals
o    Strategic capabilities
o    Culture
o    Technologies
o    Innovations
o    Intellectual property
o    Leadership
 
Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:
 
•         Include economic as well as legal and regulatory forces and trends.
•         Critique how well the organization adapts to change.
•         Analyze the supply chain operations of the organization.
•         Identify issues and/or opportunities:
 
o    Identify the major issues and/or opportunities that the company faces based on your analysis above.
o    Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.
o    Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.
 
Format your paper consistent with APA guidelines.
 


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BUS_475_Week_3_Individual_assignment_Strategic_Plan,_Part_II_SWOTT_Analysis.doc (49 K)   Preview

Strategic Plan, Part II SWOTT Analysis SWOTT Analysis In business, SWOTT analysis that reflects a companys strength, weakness, opportunities, threats and trends also have great significance in accomplishing the objectives (Wheelan Hunger, 2004). With the proper understanding of SWOTT analysis, an organization will assess both the environmental factors i.e. internal and external that endlessly facilitate in attaining the pre-set objectives. External Forces Trend Consideration In the External Forces Analysis for the accounting company the major forces included are the legal regulatory forces, economic forces, competitive analysis and social factors. Legal and Regulatory Factors The legal and regulatory forces are very important for the accounting company and its services. The legal and ethical requirements of accounting are highly sensitive issues for the company, so the legal regulation regarding this business is the license of the accounting company (Wheelan Hunger, 2004). It is necessary for the company to obtain certifications and licenses in the services sold. The legal and

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