Discuss and describe the six elements of the external environment.
Answer to relevant QuestionsSelect one of these elements and describe some changes relating to it in an industry that interests you. Select one of the following industries: personal computers, airlines, or automobiles. For this industry, evaluate the strength of each of Porter’s five forces as well as complementors. SWOT analysis is a technique to analyze the internal and external environment of a firm. What are its advantages and disadvantages? What resources, activities, and relationships enable Dell to achieve a sustainable competitive advantage? What are some of the potential downsides for firms that engage in a “war for talent”?
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