Situation Analysis
Include all sources you used to get this information in an attached reference section (APA). This assignment requires EVIDENCE, not your opinion, with a citation for each idea.
- The environment – Consider the five macro environmental (uncontrollable) forces in relation to your company and industry. Your research may not uncover all of these, but investigate the following categories:
- Social: What demographic shifts or cultural changes may affect this company and/or product?
- Economic: How might economic conditions (current or future) affect the company or product?
- Technological: Is it important to this product or industry? Include your findings for important technologies and especially new developments.
- Regulatory: Will new or proposed regulations potentially affect this company or product?
- Competitive: Consider barriers for new entrants, and the power of buyers or suppliers.
6 years ago
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