Exernal Analysis

It has been suggested that one simple way to conduct an external analysis is by asking these six questions:

What is happening in the world today?

What does it mean for others?

What does it mean for us?

What would have to happen first for the results we want to occur?

What do we have to do to play a role?

What do we do next?

What do you think of this approach to external analysis? What’s good about it? Bad? Respond substantively to at least two of your fellow students’ postings.

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Attached is a student sample to guide u, but dont copy paste, juts get an idea and write your own idea. The students are in same class so don’t steal idea directly, the prof will know.

preview of the answer..

The business world is quickly evolving due to technological advances and other factors that end up affecting how organizations operate in their fields of specialization. Factors such as social, environmental, technological and political always end up influencing the way activities are carried out so as to meet client demands and also organizational goals. All this means that organizations have to align their activities in a way that they are able to thrive in an economic wave so strong and this is by equipping themselves with the necessary tools such as human labour, capital investments and knowledge.

Every organization has to look informally to what is happening around them, analysing every aspect that will affect them and then later on make the necessary adjustments …

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