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MNG3701 - Strategic Planning IIIA (MNG3701)

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    MNG3701 - Strategic Planning IIIA (MNG3701)

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    21
    May 2023
    2022/2023
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  • 1. Importance of Analyzing the Ex- ternal Environment -Managers can mitigate threats. -Managers can leverage opportunities. -Gain understanding of potential im- pacts. -Understand the source / proximity of factors. 2. The PESTEL Model -Groups environmental factors into six segments: --Political --Economic --Sociocultural --Technological --Ecological --Legal These factors can create: --Opportunities --Threats 3. Political Factors -Processes & actions of government bodies -Firms can sha...
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Newest Practising Strategy summaries

MNG3701 - Strategic Planning IIIA (MNG3701)

  • Exam (elaborations)

    MNG3701 - Strategic Planning IIIA (MNG3701)

  • -
    -
    -
    21
    May 2023
    2022/2023
    A+
  • 1. Importance of Analyzing the Ex- ternal Environment -Managers can mitigate threats. -Managers can leverage opportunities. -Gain understanding of potential im- pacts. -Understand the source / proximity of factors. 2. The PESTEL Model -Groups environmental factors into six segments: --Political --Economic --Sociocultural --Technological --Ecological --Legal These factors can create: --Opportunities --Threats 3. Political Factors -Processes & actions of government bodies -Firms can sha...
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    YOURVERIFIEDEXAMPLUG
    £9.72 More Info
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