Question: Can you please help with this? PLEASE AND PLEASE DO NOT USE ARTIFICIAL INTELLIGENCE (AI). I am not in a rush for this: THANK YOU!

 Can you please help with this? PLEASE AND PLEASE DO NOTUSE ARTIFICIAL INTELLIGENCE (AI). I am not in a rush for this:

Can you please help with this? PLEASE AND PLEASE DO NOT USE ARTIFICIAL INTELLIGENCE (AI). I am not in a rush for this: THANK YOU! I APPRECIATE YOUR HELP.

THE ORGANIZATION is APPLE INC.

THANK YOU! I APPRECIATE YOUR HELP.THE ORGANIZATION is APPLE INC. Include asection that examines the factors external to the organization that affect it.

Include a section that examines the factors external to the organization that affect it. While an organization cannot control external factors, external factors create opportunities and threats to which the organization must respond. Common examples of external factors include: macroeconomic forces, sociocultural forces, technology, global issues, demographics, political/legal forces, etc. Use data whenever possible (e.g. "the population of Asian immigrants in this market is growing at 5% annually" andstate how the organization will be affected {e.g \"-.. leading to greater demand for the new housing (our company provides.).\"} Another section must examine external competitive factors in the industry- Like external general factors, competitive factors are largely outside the control of the organization, but they create opportunities and threats to which the company must respond. The main tool to be used in this section is Porter's Five Forces Analysis which included: '1. Nature of competition {e.g. who are the key competitors. what is the competition like, what are the major market segments, how do companies achieve competitive advantage}. 2. Potential new competitors {e.g 1who is not currently a competitor but might become a competitor in the future). 3. Threat of substitute products (eg what is the threat that a customer 1would choose a product that is not ours or competitors. For example. a traveler may choose to take a bus or stay home rather than ying}. 4. Bargaining power of customers [eg how much impact can customers have on forcing price and other concessions}, and 5. Bargaining power of suppliers [e.g how much impact can suppliers have on forcing price and other concessions}

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!