Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For this assignment you will analyze societal-level, industry-level, market-level and firm-level trends in your business environment. You will conduct research on these different aspects of

For this assignment you will analyze societal-level, industry-level, market-level and firm-level trends in your business environment. You will conduct research on these different aspects of your business environment and apply appropriate analysis tools to characterize your business operating environment at different levels. This analysis helps business owners to identify opportunities and develop strategies for business planning. Such analyses are becoming a regular, required component of business loan and grant applications (see for instance BDC - Business Development Bank of Canada recommendations and loan applications) and constitute essential research for preparing various sections of a formal business plan. Links to useful information sources for this research are provided in the Useful Resources for Business Planning item.

Complete the following business environment analyses (see Week 3 module for PESTEL, Porter's 5 Forces and SWOT templates):

  1. societal-level - PESTEL
  2. industry-level - Porter's 5 Forces
  3. market-level - market profile analysis
  4. firm-level SWOT plus Founder Fit or Core Competency

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Capital As Power

Authors: Jonathan Nitzan, Shimshon Bichler

1st Edition

0415496802, 978-0415496803

More Books

Students also viewed these Finance questions

Question

Solve for x and y. 1. 2. 3. 4. 12 -1 y -1 11 -1 -3 -4 5 y -4 -3 4)

Answered: 1 week ago

Question

5. Identify three characteristics of the dialectical approach.

Answered: 1 week ago