Importance of external factors affecting the organization, Strategic Management

Assignment Help:

Choose a real life company.  This could be an organization from any industry.  No two students should select the similar company.  It could be the organization you are working in or a past organization or an organization where you have access to managers, as the task need interaction with a real-life company.  

Suppose you are a Senior Manager in the organization has done 3 years tenure in the company.  You are a member in the Strategic planning workshop and are being interviewed by North Star Facilitators.     At the beginning of your assignment, do share the organization's primary line of business, number of employees, business turnover, area of operation and the environment (geographical/political/economic etc) in which the organization operates.   

a)    Describe the importance of external factors affecting the organization.

b)    Examine the needs and expectation of stakeholders of the organization.

c)    Examine the main changes taking place in the external environment that will  affect the strategy of the company.


Related Discussions:- Importance of external factors affecting the organization

Marketing strategy, Select an existing business that has recently launched ...

Select an existing business that has recently launched a new product. You may also use your own company. Consider how the organization's marketing strategy has benefited the new pr

Controlling subsidiaries, Controlling subsidiaries Mission stateme...

Controlling subsidiaries Mission statement, goals and objectives. Performance measurement systems e.g. financial ratios and multidimensional frameworks. Systems

The key stages in maintenance program in an organization, Question: (a)...

Question: (a) Many organizations consider the maintenance function as a critical operational and decision making area that can guarantee plant availability and reliability. A

Product innovation rates, Product innovation rates are a: a. A goal-ba...

Product innovation rates are a: a. A goal-based measure. b. A corporate goal. c. A productivity measure. d. An external factor.

Styles of strategic management, Goold and Campbell identified three 'styles...

Goold and Campbell identified three 'styles of strategic management', looking at ways in which control can be divided between senior management and individual business units.

Data mining is about, Finding trends and connections in data to inform comp...

Finding trends and connections in data to inform competitive strategy

General electric model, what are the advantages of using tha general nine e...

what are the advantages of using tha general nine electric model

Discuss the pertinence and relevance of the ansoff matrix, Question 1: ...

Question 1: (i) Why should stategic issues involve all stakeholders for a product or/and service? (ii) What are the objectives of strategic formulation and implementation

Quality product, An electronics firm is presently manufacturing an item tha...

An electronics firm is presently manufacturing an item that has a variable cost of $0.50 per unit and a selling price of $1.00 per unit.  Fixed costs are$14,000 per month.  present

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd