Why is it important for an organization to study and understand its external environment?
Answer to relevant QuestionsWhat is a strategic group? How can studying such groups be useful in industry analysis?Why is it important to study the internal resources, capabilities, and activities of firms? What insights can be gained?1. Write down your own personal strengths and weaknesses. What sort of organization will permit you to really leverage your strengths and keep you highly engaged in your work (person–organization fit)? Do some of your ...1. Calculate some key profitability, activity, leverage, liquidity, and market ratios for Apple and BlackBerry over time.2. Conduct a dynamic firm profitability analysis over time (fiscal years 2008– 2012) as shown in ...1. Does your selected business have differentiated products or services? If so, what is the basis for this differentiation from the competition?2. Does your firm have a cost -leadership position in this business? If so, can ...
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