Class notes
BU288 ALL
- Institution
- Wilfrid Laurier University (WLU )
these are a bunch and all the notes that I have taken for bu288
[Show more]
Seller
Follow
Content preview
Bu288 lesson20ETOP Preparation:
The preparation of ETOP involves dividing the environment into different
sectors and then analyzing the impact of each sector on the organization. A
comprehensive ETOP requires subdividing each environmental sector into
sub factors and then the impact of each sub factor on the organization is
described in the form of a statement.
A summary ETOP may only show the major factors for the sake of simplicity.
The table 1 provides an example of an ETOP prepared for an established
company, which is in the Two Wheeler industry.
The main business of the company is in Motor Bike manufacturing for the
domestic and exports markets. This example relates to a hypothetical
company but the illustration is realistic based on the current Indian business
environment.
Table 1: Environmental Threat and Opportunity Profile (ETOP) for a
Motor Bike company:
Environmental Impact of each sector Sectors
Social (↑) Customer preference for motorbike, which are fashionable, easy to
ride and durable.
Political (→) No significant factor.
Economic (↑) Growing affluence among urban consumers; Exports potential
high.
Regulatory (↑) Two Wheeler industry a thrust area for exports.
Market (↑) Industry growth rate is 10 to 12 percent per year, For motorbike
growth rate is 40 percent, largely Unsaturated demand.
Supplier (↑) Mostly ancillaries and associated companies supply parts and
components
Technological Technological up gradation of industry in progress. (↑)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller jordawesome. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$72.70. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67096 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now