External Analysis encompasses examining both the environment and the competition. (The competitive analysis portion of the external analysis is part of the discussion board topic on Porter's Five Forces.) When developing your responses to this discussion board topic, pay particular attention to the reading assignments that detail the different areas of investigation when conducting an environmental analysis. Perform your own mini-analysis and reflection on the questions below in preparation for the assignment; it is intended that you will be able to take what you learn from this discussion and use it in your assignment in external analysis. Share your thoughts and observations in a well-written posting. Include examples and comments about how specific environmental opportunities and threats impact StilSim Personnel.
What elements of each environmental area pose an opportunity or threat to StilStim? Which environmental factors do you think are most significant? Why? How might these environmental elements be mitigated or leveraged by StilSim?
NOTE: When exploring environmental factors, research information about national trends found in the real world, such as unemployment statistics, aging population, etc. When analyzing local environmental factors of significance, use information provided in the StilSim Personnel simulation. Remember to examine both levels of environmental impact (national and local). In your post report what you find and cite your references in APA style.
Dess, G. G., Lumpkin, G. T., Eisner, A. B. & McNamara, G. (2012). Strategic management: Franklin University Edition. (6th). New York, N.Y.: McGraw-Hill Irwin.
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It is a business class and this assignment is due by midnight tonight, can you help?
Dess, G. G., Lumpkin, G. T., & Eisner, A. B., McNamara, G. (2012). Strategic management: Creating Competitive Advantage. (6th). New York, N.Y.: McGraw-Hill Irwin.
Franklin University. (2013). StilSim personnel simulation. Retrieved November 14, 2013, from http://video.franklin.edu/Franklin/BSAD/495/StilSim/index.html
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