Conduct a situation analysis of the business using the guidelines below: You are to select a business
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Question:
Conduct a situation analysis of the business using the guidelines below:
You are to select a business venture that you are familiar with to conduct a situation analysis. The business should be in Columbus or nearby. Conduct a situation analysis of the venture that will include an investigation of the following issues:
- The cooperative environment that the venture operates within, including suppliers, workers, and others.
- The competitive environment of the business, including whether there are opportunities to win new customers, drive competitors out of business, or join with competitors in a collaborative manner.
- The state of the macro economy and how it affects the business
- The social environment the business operates in, how it may affect business, and how the business can leverage the social factors for business success
- The political environment that the business is functioning within. Is it favorable, unfavorable, or neutral? What can the business do to improve things?
Instruction
You will deliver a report that provides the situation analysis of the venture under consideration. The paper can be based on both primary and secondary data. You should address each of the topics listed above.
Be free of plagiarism, cite your sources
Related Book For
Entrepreneurial Finance
ISBN: 978-1305968356
6th edition
Authors: J. Chris Leach, Ronald W. Melicher
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