MNG3701 ASSIGNMENT 2
SEMESTER 2 COMPLETE
ANSWERS 2023
DUE DATE : 2023
FOR MORE ASSISTANCE IN YOUR ASSIGNMENTS.
Questions 1
Explain the strategic importance of analysing the external environment and critically
discuss the various methods for external environment analysis. 10
Analyzing the ...
MNG3701 ASSIGNMENT 2
SEMESTER 2 COMPLETE
ANSWERS 2023
DUE DATE : 2023
WHATSAPP +254740539068 FOR MORE ASSISTANCE IN YOUR ASSIGNMENTS.
Questions 1
Explain the strategic importance of analysing the external environment and critically
discuss the various methods for external environment analysis. 10
Analyzing the external environment is crucial for organizations to understand the factors that can
impact their business operations and performance. It helps organizations identify opportunities
and threats, and develop effective strategies to navigate the competitive landscape. Here are
some key reasons why analyzing the external environment is strategically important:
1. Identifying Opportunities: By analyzing the external environment, organizations can
identify emerging trends, market gaps, and customer needs. This enables them to
capitalize on new opportunities and gain a competitive advantage.
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