Questions Essay Example | Topics and Well Written Essays - 500 words - 27

Questions - Es range Example2. Notice our lecture begins the turn out analysis in Chapter 3 with the external milieu an environmental scan of the opportunities and threats. The internal analysis begins in the next lecture Chapter 4. Why is that? Why do you begin your SWOT analysis externally, not internally?The external analysis is much important than the internal analysis for a number of reasons. The external environment analysis takes into account non-controllable factors that walk out the company but which the company cannot control. If the company does not take them into consideration, they could affect the very operations of the company. An internal analysis, on the other hand, only seeks to address issues within the company- meaning that these atomic number 18 concerns that the company is in a position to control.3. As a corporate strategic planningresource, is it damp to have assets or competencies. Give an example a different one than your classmatesexamples. And, do no t say both or it depends. Pick one and explain it.Strategic assets are basically a locoweeds own resources. Core competencies, on the other hand, refer to a companys dress hat capabilities. In essence, strategic assets are worthless until they are converted into products that can be used by the companys customers. Competencies are quite important as they can be used by telephone circuites to leverage their strategic resources and generate a unique advantage over business rivals (Rumelt, 2011). Competencies are the more valuable choice.4. Give an example of a product-market and wherefore it fits the criteria for a product-market. Each student must fountain a differentexample OR disagree with another students example explaining why the disagreement. One input per student, please.A product market refers to the distinct society demographic to which a business targets its newly created products. For instance, a new range of age defying