External Environment Analysis
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Overview
Congratulations! You are off to a good start. You successfully completed an analysis of the company’s internal business environment.
To quickly recap, as the director of strategic planning, you are creating a new strategic planning proposal to help the company explore at least one new growth opportunity and increase its revenue or market share in the industry.
As you continue creating your proposal, in this assignment you will analyze your company’s external business environment and explain its influence on revenue or market share.
Prompt
Perform an external environment analysis of your company to identify the company’s competitive environment and find an opportunity the company can utilize to grow its revenue or market share in the industry. Use resources such as the company website, which will have pertinent information including its most recent sustainability report, and other relevant sources to help complete this presentation. You can also use the resources in the MBA Library Research Guide to conduct further research about your company.
Create a Microsoft PowerPoint presentation to show the results of your analysis. Use both on-slide text and narration or speaker notes in your PowerPoint slides to convey your information effectively. If narration is not possible, precise and extensive speaker notes should be used, while addressing all of the rubric elements in the presentation. For example, you can use brief bulleted lists summarizing the highlights of your analysis on the slides, and include more detailed explanations in your narration or speaker notes.
Specifically, you must address the following rubric criteria:
Competitors (slide 1): Identify at least two of your company’s top competitors and explain how they compete with your company.
Competitive advantages (slides 2–7): Evaluate your company’s competitive advantages.
Summarize the unique skill sets, products, location, and values of your company.
Use Porter’s five forces to analyze your company’s competitiveness and growth potential in its industry. Assign a rating to your company for each of Porter’s five forces as very high (VH), high (H), low (L), or very low (VL). Justify your ratings.
Area of opportunity (slides 8–9): Identify one area of opportunity that will help your company increase its revenue or market share over the next five years. Explain how this opportunity can lead to an increase in revenue or market share.
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