Wk 5 Discussion 1 – Create a Question
Wk 5 Discussion 1 – Create a Question
Write a 250- to 300-word response to the following:
Pose a question based on the literature. Provide background leading up the question, use supporting references, and answer your own question.
Include your own relevant experience as well as 2 citations that align with or contradict your comments as sourced from peer-reviewed academic journals, industry publications, books, and/or other sources. Cite your sources using APA formatting. If you found information that contradicts your experience, explain why you agree or disagree with the information.
Strategic Management, Ch. 3
Read Ch. 3, “The External Assessment.”
World Economic Forum
Strategic Management, Ch. 5–6 (Optional)
Review Ch. 5, “Strategies in Action,” and Ch. 6, “Strategy Analysis and Choice” to learn about turning opportunities and threats into a competitive advantage.
This week we are looking at how to evaluate the external environment. David et al. (2020) provided us with different analytical tools to use for this. Since our assignment this week is the Country Profile Matrix, I would like to focus on the “10 External Forces that Impact Organizations” (David, David, & David, 2020, p. 69). These external forces are: economic; social; cultural; demographic; environmental; political; governmental; legal; technological; competitive forces (David, David, & David, 2020). David et al. posited that competitive forces are “the most important part of an external audit.” Do you agree with this statement? Why or why not?
Answer preview to Wk 5 Discussion 1 – Create a Question
APA
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