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MGT501 Business Environment Assignment

tag 0 Download 8 Pages / 1,880 Words tag 05-02-2020

Question:

This assessment addresses the following subject learning outcomes:
 
a) critically evaluate the effect of the external environment on firms
 
b) select and apply appropriate frameworks to resolve the challenges faced by firms

Context:
 
Contemporary businesses cannot afford to ignore the environments in which they operate. To navigate this vast and ever-changing landscape, businesses must keep a keen eye on the external factors that influence it. Customer behaviour, government regulatory and economic policy, competitor strategy and public opinion all impact on a firm’s success. The environmental scan report is an effort to identify these factors and propose solutions to the risks they pose.
 
 
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