...Assignment 2: External and Internal Environments Business 499 Zavier Pyles Professor May January 30th, 2013 Vroom Vroom! This is the welcomed sound that automobile owners and manufacturers like to hear. It is the sound of completion, success, and satisfaction. But what happens when this sound is drowned out by weakened profits, customer dissatisfaction, and industry weakness? In comes the government bailout of the automobile industry. In recent years, 2008-2010, Ford, GM, and Chrysler had to be saved from self-destruction and bankruptcy through government incentives, loans, and emergency funding. In December of 2008 these 3 automakers asked the government for monetary assistance that totaled approximately 34 billion dollars (About, 2013). Ford, GM, and Chrysler asked for these funds to avoid impending job layoffs in the millions and also to avoid further financial trouble for the economy during the recession (About, 2013). All three of the car companies that had to be bailed out were American based and had for years been facing stiff competition from foreign car makers especially Honda, Hyundai, and Toyota. During this time there was quite a bit of finger pointing and blame being placed surrounding the reason for the failure of the American car industry. Was the failure based on external factors such technology, political/legal parties and organizations, or economic issues (Hitt, Ireland, Hoskisson, 2013)? Or was the failure of this industry based...
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...External and Internal Environment Organizations normally operate in a network and are not entirely independent because of the several environments that influence their activities and actions. Some examples of internal and external factors are micro and macro environment that could influence Starbucks are; suppliers, competitors, customers, finances, economic, political, social, environmental, as well as legislation (Starbucks, 2010). Starbucks’ home market is based in the United States which is critical in understanding the internal and external surroundings that impact the organization and its growth. Statistics indicates that coffee sales has grown by 20% percent each year and 18% of it is contributed to the 18 billion dollar coffee market in the United States. At the end of 2011, coffee shops were expected to exceed well over $50,000 (e-importz.com, 2012). With that said, the growth of coffee consumption and potential maturity of the American coffee market may have influenced overcapacity and may have intensified the organizations growth plan. Tariffs and International Trade regulations has contributed to some of the environmental factors for Starbucks; due to high tariffs the company would be compromised, the ability to source quality coffee beans would affect Starbucks reputation, global sales, and competitiveness. Economical Influences pertains to the exchange rate, Starbucks import coffee, sugar, and milk; with a weaker currency the cost will eventually increase...
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...Within that industry I chose a company that I am familiar with “The Adidas Group.” The Adidas group is a publically traded company in Europe and with globalization it has increased its shares in the market. Adidas being traded on the European market is what we call an overnight stock. These stocks are traded at night here in the United States and open after the New York Stock Exchange closes at 4:00 PM eastern time. I will choose two segments of the general environment business factors that I feel influence this company and the industry to assess how they affect both Adidas Group and the Sporting Goods Industry. In addition I will use the five (5) forces of competition and evaluate which two of the processes are the most significant to the corporation by evaluating how Adidas has addressed them in the recent past. I will further use the two forces to predict what the Adidas Group might do to improve their corporation by addressing these forces in future endeavors. By choosing this corporation I will identify the external threats that affect them in the industry as well as the opportunities available. By doing this I will attempt to give my opinion on the corporation’s greatest threat and opportunity to identify some of their strengths and weaknesses for future growth potential. Identifying the firm’s resources, capabilities, and core competencies will assist in these opinions. Identifying its greatest competitor will also give me an idea of the competition and what their core...
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...External and Internal Environments Isaac Juarez BUS499 Professor: Cynthia Daniel 4-29-2014 Whole foods is a major distributor of organic goods. They focus on all aspects of the grocery shopping experience but with an added heath twist. Everything from meat, dog food, baby food, and vegetables are all sold at Whole foods which draws in the crowd that puts their health in front of savings. The demographic segment is going to be at the top of the list of the general environment followed by the social segments. The demographic segment is concerned with age, population, income, and ethic mix just to name a few. Because the external environment is always changing, Whole foods makes it their top priority to change with the times. Many Whole Food stores have positioned themselves to support the local ethnic groups by offering foods and other products that relate more closely to that ethnic background. Being able to blend Whole Foods in with which ever demographic areas have certain needs gives Whole Foods a distinct advantage over the super-sized grocery stores that are selling the same product at all locations. Whole Foods is able to make a connection with the local community and provide a more personal experience. The social aspect of the environment is a big factor in the Whole Foods influence because of their organic and environmental way of life. Many people protest animal cruelty and the use of harmful additives to meat as well as genetically modified foods that could be harmful...
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...L-3 Communications is a prime contractor in Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (i.e. which we will call C3ISR) systems, aircraft modernization and maintenance, and government services. L-3 is also a leading provider of a broad range of electronic systems used on military and commercial platforms (L-3 communications; 2011). The company provides services to the U.S. Department of Defense and its prime contractors, U.S. Government intelligence agencies, the U.S. Department of Homeland Security, U.S. Department of State, U.S. Department of Justice, allied foreign governments, domestic and foreign commercial customers and select other U.S. federal, state and local government agencies. L-3 is broken down into multiple business segments ranging from to the U.S. government and C3ISR, Government services which consist of, cyber-security and intelligence, engineering and technical support, training, logistics and support services and commercial enterprises worldwide; which provide upgrading, retrofitting and resetting of fleets necessary to keep virtually any aircraft platform prepared for today’s threats; and Electronic Systems businesses that provide a broad range of products, including components, products, systems and subsystems, and related services to military and commercial customers in several niche markets. L-3 Communications was awarded a $25,683,928 cost-plus-award-fee and cost-plus-fixed-fee contract. This contract modification is...
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...Full control ensures shoe retailer never misses a step By RACHAEL BOON THE success of shoe label and fashion retailer Charles & Keith International on the global front can be attributed to its ability to have a firm grip of its operations across its vast network of stores and factories. This unwavering commitment has put the company in good stead to weather the major crises it had faced, dating back to the days when the retailer was operating out of a small store in Ang Mo Kio in 1990. Back then, co-founder and chief executive Charles Wong, 39, and his younger brother, Keith, 37, were just teenagers helping out at their mother’s shop. She wanted the older Mr Wong to close the unprofitable shoe section, but the future shoe maven was determined to turn it around. He mapped out a plan to take control of the entire shoe business operations – from stocks to design and even shoe sizing. As a result, the shoes sold well and Mr Wong managed to stave off the store’s closure. This experience honed his business acumen, which would serve him well when he decided to set up his own shoe company with his younger brother, who is the firm’s chief operating officer. From the outset, the siblings were determined to make a name for themselves by starting their own brand. In 1996, they set up shop in Amara Shopping Centre to market and sell Charles & Keith shoes at a time when it was unheard of for local shoe retailers to brand themselves. The move was prompted...
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...Internal and External Environments Nokia and Facebook Student’s Name Professor’s Name Date Internal and External Environments of Nokia and Facebook Nokia Environmental Analysis Internal Environment Nokia being the most renowned name in the world has a very big network which is distributed across the world, and has large selling when it is compare to other phone company in the world. It is of very high quality and has user-friendly features. The company has strong financial base which enables it to make innovations with a lot of ease. Nokia has a high product range which makes it very attractive many customers. Nokia’s financial health is strong, which makes it very profitable. Essentially, the price of the product is actually the main issue, as some of the Nokia’s products are not friendly to the users, which fail to sail through in the market. The service centres in some countries are quite few quite often there or no quality after sales services. Most of these product models are quite heavy to carry and not easy to handle. External Environment The digital market is developing so fast. Hence, Nokia has the opportunity to improve its sales as well as its share n the market. Due to An increase in the income level of the people, the purchasing power also increases; therefore, Nokia has to strategically go for the right customer so as to be able to achieve a big gain out of this important situation (Nokia Company, Investor relations, 2015). Also, they would have the good chance...
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...Running head: EXTERNAL AND INTERNAL ENVIRONEMNT External and Internal Environment Analysis Bharti Gupta University of Phoenix External and Internal Environment Analysis: Mayo Clinic The purpose of this paper is to analyze the External and Internal environmental factors of Mayo Clinic (MC). Mayo Clinic is a nonprofit worldwide leader in medical care, research and education for people from all walks of life (Mayo Clinic, 2011). Various types of external and internal factors affect the smooth flow of business at Mayo Clinic. External environment analysis is important in determining the strategy that should be adopted by a business and internal environment analysis is critical to identify the core competences of the business. External Environment External environment (EE) can be broadly classified into three types: Remote, Industry and Operating. Remote environment (sometimes called as macro environment) consists of the forces at work in the general business environment which will shape the industries and markets in which an organization competes (Stonehouse, Campbell, Prudie & Hamill, 2008). Industry environment (sometimes called as micro environment) is the competitive environment facing a business. It consists of the industries and markets in which the organization conducts its business competes (Stonehouse, Campbell, Prudie & Hamill, 2008). Operating environment also called the competitive or task environment comprises factors in the competitive situation...
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...External and Internal Environmental Analysis DSW is the leading footwear specialty retailer in the United States operating 305 shoe stores in 39 states as of January 30, 2010. The shoe warehouse offers a wide assortment of better-branded dress, casual and athletic footwear for women and men, as well as assessories. The company’s main focus is to create a distinctive shopping experience that satisfies both the rational and emotional needs of DSW customers by offering a vast, exciting assortment of in-season styles combined with the convenience and value they desire (DSW, Inc. 2009 Annual Report). External Environmental Factor in the Remote, Industry, and External Operating Environments Part of DSW’s external environment factor in the remote is their economic factor. DSW is in a leading marketing position that is driven by their competitive strengths, the breadth (heart) of their branded products, their distinctive and convenient store layouts, the value proposition they offer to their customers, and their financial strength (DSW, Inc. 2009 Annual Report). DSW stores and dsw.com sell a large assortment of merchandise. They purchase shoes and athletic footwear from over 400 domestic and foreign vendors. DSW’s growth is attributable to their operating model and management’s focus on store-level profitability and economic payback. Over the five fiscal years ending in January 30, 2010, their net sales grew at a rate of 11%. They have also generated a positive operating cash flow...
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...Relationship Management * Research and Development * Project Specifications * Team information, technology and business problem knowledge * Project delivery Business Strategy IBM Corporation has consistently delivered superior performance, with a steady track record of sustained earnings per share growth. Despite the volatility of Information Technology and the growth spurts we have seen over the past decade, IBM has shifted its business mix, exiting commoditized segments while increasing its presence in higher value areas such as services, software, and integrated solutions. While IBM shifted gears, the company has acquired over 100 companies this past decade, complementing and scaling its portfolio of products and services. External...
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...-ary Ca,,~ Ic.tutJc.ll U'lC lona. ;·"').In1'1a I '''''UN ;>nOY!, . F,pt'r/ \ IS responsthe US and nns exactly )rand, but is )( the price. 11nal manuinth a brand Pfizer brand eric narnos 'pendent of hat can oe 3ny on the 'ate within interface such as ~nellt5 lor rns, which 1-in-class 3rket ilnd fNICEI A t aims to and most ventions. lloiectJlc ne. 5 Ciln be . not yet CASE STUDY Vodafone: developing a total communications strategy in the UK market Roger A. Strang \'1/(' wil/ /Ie lht' ('(JlflllllmimlicJIIs ieader in eIIl jrlrrrCl.~illgl.tl COIIII('dcd world. Vodafone website. 2()OI) III 2()09, Vodafone. the world's largest mobile telephone _ operator by rr-venue. was under increasing pressure III develop a strategy to ensure leadp.rship in the rapidly growing market for high-speed Internet services in tts ilK horne market. The challenge for the company was that the development of new technologies for voice, data and video transmission was blurring the boundaries among truditionul industries and forc:illg reconsideration of what was required for a strategy of 'total cornmunicattons'. This growth in demand ior new services had attracted the interest nol only uf Vodafoue's traditional competitors ill the telephone industry, but also from other rommumcations companies such as Virgin Media (the largest cable operator in the> I:K) and Sky Broadcasting which was the UK's largest provider of satellite-based television. Other IW\\' competitors...
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...2.1.2b Under-age Bet 4 2.1.2c Rob Keane’s Lawsuit 4 2.1.3 Economical 5 2.1.3a Global Economic Downturn 5 2.1.3b Foreign Exchange Rate 5 2.1.4 Socio-Culture 5 2.1.4.a Responsible Gambling 5 2.1.4b Sports and Social 6 2.1.4c Health and Safety Policy 6 2.1.4d Publicity stunts 6 2.1.5 Technology 7 2.1.5a Mobile Betting 7 2.1.5b Acquisition Cayetano 8 2.1.5c Marketing Strategy 8 2.1.6 Environmental 8 3.1 MICRO (THE COMPITITIVE ENVIRONMENT) 8 3.1.1 Supplier 8 3.1.2 Buyers 9 3.1.2 Competitors 9 4.1 Cultures and Globalization 11 5.1 Conclusions 11 Appendix 12 Works Cited 13 THE INTERNAL AND EXTERNAL BUSINESS ENVIRONMENT OF PADDY POWER 1.1 INTRODUCTION Paddy Power, Irelands biggest, most successful bookmaker is an international betting and gaming group. Since 2012, an estimate of €5 billion what of bets have been placed by Irish online gamblers alone (Duffy, 2015). In this case study, we will focus our environmental analysis on the bookmaking industry and Paddy Power in particular. This will include the internal, external analysis and how international management has affected the company. Why Paddy Power? The company claims to be the most innovative and security conscious bookmakers (Paddy Power, 2011). They have also drawn a lot of criticisms in the past of which some of them would be mentioned in this report. If you cant beat them, join them. Paddy Power although Ireland’s largest is not Europe’s largest bookmaker, PMU (Pari Mutuel Urbain) is. Instead of...
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...Evaluation of the impact of the external and internal environment on effective management Introduction In today’s fast paced and dynamic world, change itself is the only constant and any organization that does not respond to change is risks its long-term viability. This paper seeks to evaluate the impact of environmental conditions on the effective management of Focus Reports. Both internal and external will be analyzed to identify all opportunities and threats of the external environment as well as the strengths and weaknesses of the organizations. Focus Reports is a UK-based and privately held independent publisher that produces exclusive country reports focused pharmaceutical, oil and gas and energy industries around the world through a portfolio of internet portals and world class print media. The company was founded in 2002 and has since produced over 80 reports covering 50 different countries through exclusive interviews with over 10.000 C-level managers worldwide. Data for this analysis has been collected through interviews with a senior employee at the firm. Key competitors With well over six centuries since the first print media was published in the 15-th century, the publishing industry has had the time to develop in a mature and highly diversified industry. In order to identify the competitive threats that Focus Reports could be facing, it is therefore essential to properly identify the specific niche within which it operates. As a company dedicated to producing...
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...Assignment 2: External and Internal Environments Professor Rufus Robinson February 2, 2014 Business 499 The industry that I chose to research is the travel and cruise ship industry. The cruise industry is a small part of the travel/leisure industry. The U.S. cruise industry has experienced substantial growth in recent years. Nationwide, direct spending by cruise lines and passengers increased from $9.4 billion to $14.7 billion, (56%) between 2000 & 2004. Including multiplier effects, the U.S. cruise industry supported 315,830 jobs and provided $12.4 billion in wages and salaries in 2004. In recent years, the cruise industry has seen remarkable growth in the ports of Bar Harbor and Portland, Maine. Bar Harbor hosted 76 cruise ship visits in 2005, a 36 percent increase above the 56 ships that came to town in 2001. According to Portland’s Seaport Statistics, Maine’s largest city hosted over 40,000 cruise ship passengers in 2001 and 2002, up from about 14,000 passengers in 1999. Portland welcomed 45,225 cruise ship passengers in 2005. Cruise ship passengers provide a stimulus to the local retail economy of host ports. Todd Gabe and Thomas Allen: http://umaine.edu/centro/files/2011/07/ME-Cruise-Ships-2005.pdf Cruise lines are differentiated according to the market that they serve. The industry is divided into three different segments, luxury, premium and contemporary. The luxury segment caters wealthier clientele and the price starts at more than $500 daily...
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...Environmental Scan Paper The business environment of an organization reveals much about its competitiveness and the possible influences on the success of its strategies. The focus of this paper will be an environmental scan of the internal and external environments of two real-world firms, their competitive advantages and company strategies for creating value and sustaining competitiveness, measurement guidelines for verifying strategic effectiveness and their evaluation. Internal and External Environments Environmental scanning of the internal organizational environment focuses on company culture, employee-employee, manager-employee, and manager-manager, manager-shareholder interactions, in addition to organizational structure, natural resources’ access and brand awareness, among others (Schneider, 1995, p.70). Environmental scanning of the external organizational environment focuses on the analysis of the industry/immediate environment, national, and macro-environments. Analysis of the industry environment appraises the competitive Environmental Scan Paper The business environment of an organization reveals much about its competitiveness and the possible influences on the success of its strategies. The focus of this paper will be an environmental scan of the internal and external environments of two real-world firms, their competitive advantages and company strategies for creating value and sustaining competitiveness, measurement guidelines for verifying strategic...
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