MNG3701 ASSIGNMENT 02 SEMESTER 02 ANSWERS DUE 16 SEPTEMBER 2024
31 keer bekeken 3 keer verkocht
Vak
Strategic Planning IIIA (MNG3701)
Instelling
University Of South Africa (Unisa)
MNG3701 ASSIGNMENT 02 SEMESTER 02 ANSWERS DUE 16 SEPTEMBER 2024
Questions
1
a)Explain the importance of analysing the micro-environment. Briefly explainany three approaches that can be used to analyse the micro-environment.
b)Use the information in the case-study to Identify two strengths and...
RONSAM
TUTORS
MNG3701 ASSIGNMENT 02 SEMESTER 02 DUE
16 SEPTEMBER 2024
DISCLAIMER!!!: The assignments sold through this website
are intended for research, study, and reference purposes
only. They are not to be submitted as your own work. Only
use this document as reference to generate your own
assignment
FOR EXAMS, PORTFOLIO, AND ASSIGNMENT ASSISTANCE
WHATSAPP 0671189059 EMAIL:
RONSAMTUTORS@GMAIL.COM
, a) Explain the importance of analysing the micro-environment. Briefly
explain any three approaches that can be used to analyse the micro-
environment.
Importance of Analysing the Micro-Environment
The micro-environment, also referred to as the internal environment, plays a crucial
role in determining an organisation’s success. It comprises the organisation's vision,
mission, goals, objectives, and functions such as marketing, finance, human
resources, administration, and public relations. Analysing the micro-environment
allows management to identify internal strengths and weaknesses, helping to better
leverage opportunities in the external environment and mitigate potential threats.
Venter and Botha (2022) emphasise that the micro-environment includes the factors
over which management has full control, such as changes in ownership,
organisational culture, and policies on human resources and ethics. Therefore, an
effective analysis of the micro-environment can position an organisation to adapt to
internal and external challenges.
A thorough understanding of the micro-environment is essential for strategy
alignment Resource Allocation and Strengths and Weaknesses Identification The
micro-environment ensures that an organisation’s internal processes, resources, and
objectives are aligned with its overall strategy. This alignment is essential for
achieving long-term success. By analysing internal resources, such as human capital
and finances, management can allocate them efficiently to achieve organisational
goals. A deep understanding of internal factors allows for the identification of areas of
strength that can be capitalised on, and areas of weakness that need improvement.
In the context of Vodacom, analysing its internal environment allows the company to
assess its strengths, such as its strong market presence in Africa, and weaknesses,
like its reliance on traditional services. This analysis ensures that Vodacom can
adapt its strategy to remain competitive.
Approaches to Analysing the Micro-Environment
Several approaches can be used to analyse an organisation’s micro-environment,
each offering insights into different aspects of the internal structure and operations.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper RONSAMTUTORS. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €2,69. Je zit daarna nergens aan vast.
