Question: 6 . Using the findings from 1 5 above: a . Complete the following CREST portion of an Environmental Scan with a minimum of 3

6. Using the findings from 15 above:
a. Complete the following CREST portion of an Environmental Scan with a minimum of 3 facts/statistics for each of the 5 CREST factors.
b. APA Biography is required so be sure to use the cite feature.
EXTERNAL ENVIRONMENTAL ANALYSIS
CREST
EXTERNAL ENVIRONMENTAL ANALYSIS
These are FACTS, STATISTICS, TRENDS FROM SOURCES SUCH AS IBISWorld, NEWSPAPERS, TRADE JOURNALS, and BUSINESS SOURCE COMPLETE.
These are NOT IDEAS
.
A minimum of 3 facts PER Letter. For example in competition: you may have 1 opportunity and 2 threats.
Factors to
Consider
These are NOT ideas but trends/facts
OPPORTUNITY / ADVANTAGE
THREAT / CHALLENGE
Competition:
How many? Saturated?
Primary, secondary, tertiary
/ direct, indirect, substitutes
Regulatory:
Legislation
Employment law health and safety business bylaws
Economy:
Inflation, CPI, Debt,
Disposable income
Unemployment
Environment:
Climate
Deforestation
Pollution
Erosion
Biodiversity
Sociocultural:
Lifestyle trends
Demographics
Consumer attitudes
Technology:
Current trends R&D

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