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Week 3 Individual Strategic Plan, Part 2 - Internal Environmental Analysis

Week 3 Individual Strategic Plan, Part 2 - Internal Environmental Analysis

Q Write a 1,400-word minimum (submission can exceed wordcount, but not less) internal environmental analysis in which you include the following: • Assess the organization's internal environment. • Identify the most important strengths and weaknesses of your organization including an assessment of the organization's resources. • Identify the most important internal environmental factors in the general, industry, and external analysis in relation to the internal analysis. • Perform competitor analysis. • Assess the structure of the organization and the influence this has on its performance. • Determine the organization's competitive position and the possibilities this provides.

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Microanalysis can be regarded as an internal factor scanning of a company by which the company’s working can be affected. The internal environment that is favorable is a company’s asset as productivity is increased by it. Therefore, the opportunities for growth are there for the company. Here are few of the microeconomic elements which should be taken into account: Innovation The company believes in innovation and the same is done with creativity. This is the cause why the company has been in news always and speaks for good reasons mostly.