Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / The final assessment of this course is a Team Case Study project consisting of five major sections:  Company Situation Analysis – Internal Assessment External Situation Analysis of current industry - Environmental Scan Tools for Analysis & Recommendations Problem Solving Model with Prescriptive Strategy Action Plan Oral Presentation of Problem-Solving Model for Action Plan By the end of this week you should complete and submit the following component of the project: Section II: External Situation AnalysisExternal Assessment & Analysis relating to the one industry in which the company competes

The final assessment of this course is a Team Case Study project consisting of five major sections:  Company Situation Analysis – Internal Assessment External Situation Analysis of current industry - Environmental Scan Tools for Analysis & Recommendations Problem Solving Model with Prescriptive Strategy Action Plan Oral Presentation of Problem-Solving Model for Action Plan By the end of this week you should complete and submit the following component of the project: Section II: External Situation AnalysisExternal Assessment & Analysis relating to the one industry in which the company competes

Writing

  1. The final assessment of this course is a Team Case Study project consisting of five major sections: 
    1. Company Situation Analysis – Internal Assessment
    2. External Situation Analysis of current industry - Environmental Scan
    3. Tools for Analysis & Recommendations
    4. Problem Solving Model with Prescriptive Strategy Action Plan
    5. Oral Presentation of Problem-Solving Model for Action Plan
    6. By the end of this week you should complete and submit the following component of the project:
      Section II: External Situation AnalysisExternal Assessment & Analysis relating to the one industry in which the company competes. 
    7. Assessment of remote environment (STEEP) (Social/Cultural, Technological, Environmental, Economic, & Political/Legal/Regulatory opportunities and threats)
    8. Assessment of competitive environment (5 Forces)
    9. Use the tools provided in your Pronto group to collaborate with your team. Only one person from your team should submit the assignment for the whole team.
      This component of your report should follow APA format including a title page, references page, in-text citations, and use Times New Roman, size 12 font. An appendix section is not required. Your assignment should be at least 3 pages in length, not including title or reference pages.
  2. NOTE: this is a team assignment i want you to work only on point a of section 2 that is 
    1. Assessment of remote environment (STEEP) (Social/Cultural, Technological, Environmental, Economic, & Political/Legal/Regulatory opportunities and threats)
  3. Section II: External Situation AnalysisExternal Assessment & Analysis relating to the one industry in which the company competes.

 

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

The Remote Environment

The U.S. boasts one of the world's most competitive economies. As per HuffPost. (2015), the United States has the world's third best economy. With that in mind, there are several environmental elements that can influence not just the economic, as well as the social, political, and technical environments. “Environmental, political, public and technical variables or circumstances which disturb a form's policymaking capacities together with freedom, nevertheless are past its control or influence,” according to Business Dictionary (2018); There isn't a country on the planet that isn't influenced by environmental issues. As a result, the United States has evolved dramatically in recent years. For example, economic growth has occurred, as has an increase in imports into the United States. Furthermore, societal developments such as same-sex marriage and the legalization of recreational marijuana are taking place (Topliceanu, 2019). Similarly, technology has evolved dramatically, with many businesses discontinuing DVD sales and an increasing number of people owning a cell phone, thus eliminating the need for a landline. We must all be able to adapt to change and accept the changes that may occur in the future.

Economic Changes

The economics has always been a contentious topic in many corners of the globe. As previously stated, the United States currently ranks third in the globe in terms of economic strength. Nevertheless, many people feel that the United States has the finest economy simply because we live here and because we have numerous advantages that other nations lack. United States is anticipating an “expected boost in government expenditures that is as a result of budget deal which ought to sustain progress this year and subsequent, an impact which will be reinforced by the revenue overhaul enacted previous December,” according to Focus Economics (n.d.). Furthermore, the United States now has a greater need to import commodities than ever before. Indeed, many of the items we buy are made in other nations. “Over than 80% of entire imports fetched to the United States from overseas are goods,” as stated by Focus Economics (n.d.). “25 percent of imported commodities are principal goods, like computers and accessories, electronics, medical machines, and telecommunications gadgets (Austin, 2018). The primary classes of consumer goods imported to United States include cell phones, medicines, dolls, home gadgets, textiles, clothing, TVs and footgear. My previous employer usually sent the good proportion of its work to India simply since they didn't have the means to recruit additional workers to do specific jobs. Finally, the firm kept a significant amount of capital by making that wise decision. If someone wants to create a firm that requires goods to be manufactured, they must look for manufacturers outside of the nation.

Social & Political Changes

Social changes are unavoidable; they are forces beyond anyone's control. Prior to 2004, most individuals believed that same-sex marriage was a taboo topic. “In 2004, Massachusetts Supreme Court decided that the nation's similar-sex marriage prohibition was illegal, making it the initial nation where homosexual couples can get married,” according to Bloomberg (n.d.). Many states would follow suit if one state passed a new legislation, creating a domino effect. “In 2013, United States Highest Court declared that the central government must accept similar-sex marriages conducted in nations where it is permissible,” according to Bloomberg (n.d.). Similar-sex marriage was legalized in 28 nations shortly after.” Several officials were enraged since they either remain to be Christians or adhere to alternative faith. Marijuana, on the other hand, has long been a topic that many people prefer to avoid (Topliceanu, 2019) . However, numerous new forms of study have shown that marijuana has a wide range of therapeutic properties, prompting people to try it and recognize that it is not as harmful as some believe.“24 states authorize the use of marijuana for medical purposes,” according to Bloomberg (n.d.). Nonetheless, recreational marijuana has been legalized in four states: Colorado, Washington, Oregon, California, and Alaska. Many people remain opposed, yet society plays a significant impact in politicians' verdicts, like the legalization of marijuana. Politicians had no choice but to comply with the people's demands. Indeed, younger generations are reshaping culture, requiring elder generations to fine-tune to the current norms.

Technology & Ecological Changes

The majority of individuals own a cell phone. Cell phones are used by even kindergarten students. Most of us recall going to the record store to pick up a few of CDs in the "old days." However, after the introduction of iTunes, the number of CDs sold decreased drastically. “Best Buy is publicly hauling the plug on music CDs, and other trade behemoth might shortly follow suit,” writes M. Austin (2018). Despite the fact that CDs endure a widespread format worldwide, auctions in the United States fell by greater than 18% previous year, forcing Best Buy to cease the format completely.” Certainly, many individuals are implementing a new digital drift in which music; movies, TV displays as well as other media are currently accessible on our mobile gadgets. Actually, I have found that having access to almost anything on my smartphone is more handy. As a result, according to the Washington Post (n.d.), “75 percent of Americans had Smartphones in 2016, and 85 percent of U.S. music sales (by volume) were Digital in 2011.” Music, movies, and other items are all becoming more accessible thanks to technological advancements. However, behind every successful business lies a struggling or failing business.

Technology has always played a significant influence in environmental changes. According to (Biello, 2017), “deploying technology to considerably halt climate change would need considerable government expenditures.” As technology advances, most items emit significant pollution, depending on the product: From the product's conception until the consumer's improper dumping of the goods. All technologies are not harmful; as stated by (Biello, 2017), other firms have built artificial trees to combat CO2, and technologies are in existence and have been revealed anywhere from the Swiss Alps to Phoenix's dry desert air and British Columbia's wooded hillsides. With that said, we no longer have control over global warming; we will need a miracle or more machines to assist us in reducing CO2 emissions. Let us attempt to take public transit or ride our bicycles as much as possible.

Conclusion

Many elements are outside a country's control, including economic, societal, political, technical in addition to ecological factors. Similar-sex marriage and cannabis are contentious societal and political issues that none can triumph. Furthermore, technology and environment are continually coexisting. Many people attempt to preserve the planet, but it's difficult when no one else is. All we have to do is ride with the tide as the world changes. As a result, we will become people who are enraged by the system.

Outline for The Remote Environment

  • The U.S. boasts one of the world's most competitive economies.
  • Environmental, political, public and technical variables or circumstances which disturb a form's policymaking capacities together with freedom, nevertheless are past its control or influence.
  • The economics has always been a contentious topic in many corners of the globe. As previously stated, the United States currently ranks third in the globe in terms of economic strength.
  • Social changes are unavoidable; they are forces beyond anyone's control. Prior to 2004, most individuals believed that same-sex marriage was a taboo topic.
  • The majority of individuals own a cell phone. Cell phones are used by even kindergarten students.
  • Many elements are outside a country's control, including economic, societal, political, technical in addition to ecological factors.