Week 2 – Strategic Plan, Part 1: Environmental Scan [due Mon

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Assignment Content

1. 
   Resource:
   Strategic Plan, Part 1: Environmental Scan Grading Guide
   
   You will perform an environmental scan for your target company.
   
   Choose an organization according to the following:

   • Current employer
   • Most recent or former employer
   • Place of business that you have patronized or have been familiar with over a long period of time.
   • Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not.
   • The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future.

   Write a 1,050-word minimum environmental analysis in which you include the following:

   • Determine how to create value and sustain competitive advantage using the environmental scanning strategy.
   • Evaluate the company’s external environment.
   • Assess the company’s general environment.
   • Evaluate the organization’s industry operating environment.