0
What are the primary internal and external organization considerations for the development of a strategic plan?
Wiki User
∙ 12y ago
The primary external organization considerations for the development of a strategic plan are the remote environment, industry environment, and the operating environment. The operating environment includes the firm's competitors, suppliers, laborers, and anything related to the operation of their company. Industry enivornment includes entry barriers, competitive rivalry, and buyer and supplier power. Remote environment include political, economic, social, technoligcal, and ecological factors. I think the most important consideration is remote environment because it sets the stage for how the company is going to run and what the economy and given nation is in need of. They're strategic plan will be built around different opportunities, threats, and constraints based on the remote environment. Courtesy of UOP student post
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is an example of an organization's strategic response to its external environment?
An organization's external environment is often out of the organization's control. One example of a strategic response to an organization's external environment is adapting its practices according to new laws that are out of their control.
What are the differences between internal and external environment?
The differences between internal and external environment is: Internal environment involve within the organization, which are the employee attitudes,new equipment,strategy,work forces. The organization has the control of these matters because it happen within the organization unless like external environment. AND for the external environment,is clearly stated with the word external itself which means outside of the organizations which effect the changes in the organization which the organization does not have the control of it. External environment are involved by the PESTLE- Politic, Economy, Social, Technology, Legal and Environment.
What are the two types of external organizational environments?
The two types of external organizational environments are the internal and the external organization environments.
What is component of external envirnoment?
External environments are those forces and factors outside of an organization that affect the organization's overall performance.The organization's outside factors consists of:CompetitorsSuppliersCustomersPublic Pressure GroupsOutside forces consist of:DemographicsEconomicGlobalPolitical/LegalSocioculturalTechnological
What is positive external financing?
Positive external financing is creates a money source for the organization without getting them into significant debt. Listing shares on the stock market is positive external financing.
What is an example of an organization's strategic response to its external environment?
An organization's external environment is often out of the organization's control. One example of a strategic response to an organization's external environment is adapting its practices according to new laws that are out of their control.
How do the external environment of an organization influence its strategic choices?
The external environment, such as location and weather, influence the strategies that an organization will choose to make by affecting what they can feasibly do and what viewer audience base they can reach.
How strategic management is different from other type of management?
Strategic management enables managers to evaluate the organization's internal and external situation and decide future actions to take.
What is an external organ?
external organization
How can a decision maker identify strategic factors in the corporations external international environment?
how can a decision maker indentify strategic factors in the corporation external environment
How can a decision maker identify strategic factors in a corporation external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in a corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in the corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
When was Japan External Trade Organization created?
Japan External Trade Organization was created in 1951.
Are policies essential to the operation of an organization?
Yes. Policies help portray the functioning of the organisation to the external environment and lead to the overall development of the organisation.
What are the Internal and external environment of organization?
The internal environment of an organization encompasses factors such as company culture, leadership style, employee attitudes, and organizational structure. On the other hand, the external environment includes elements like market competition, economic conditions, technological advancements, regulatory factors, and societal trends that impact the organization's operations and performance. Both environments play a crucial role in shaping the organization's strategic decisions and overall success.
Definition of strategic management of different authors?
Strategic management refers to the analysis of the factors associated with the external (customers and competitors) and internal (organization) environments. It can also be defined as the analysis of activities and processes that organizations use to coordinate and align resources with their mission, vision, and strategy.
