Macro environment analysis

Macro Environment Analysis

Macro environment analysis: When it comes to environmental analysis, we usually refer to the macro environment, but also include industry and competition analysis, product innovation, consumer analysis, and the company’s internal environment. Macro environmental scanning involves analyzing: 1. Economy i. GDP per capita ii. Economic growth iii. Unemployment Rate iv. Read more…

SLEPT analysis

SLEPT Analysis

SLEPT Analysis (Social, legal, economic, political and technical): It is important to ‘scan’ the external environment before making business plans or when evaluating existing ones. Doing so takes the form of a SLEPT analysis and, therefore, scanning or investigating the social, legal, economic, political and technological impacts that may or Read more…

Environmental analysis

Environmental Analysis

Environmental Analysis: Environmental analysis is the process of monitoring an organization’s environment to identify current and future threats and opportunities that affect its ability to achieve the company’s objectives. The proper use of environmental analysis can help ensure organizational success in many ways. It helps companies adapt to environmental change Read more…

organizational environment

Organizational Environment | Types of Environment – Internal & External

Organizational Environment: Each organization should be considered as operating in an environment. Organizations are neither self-reliant nor self-sufficient. Rather they exchange resources and rely on the external environment. The external environment can be defined outside of the organization as all forces and conditions which are relevant to its operation and Read more…