Description
Hello,
I have attached the assignment instructions as well as the assignment rubric in this post. This work must be original content and of original thought. The Company that I am choosing to use for this assignment will be Rooms To Go Furniture Company. If you have any questions please let me know, and I will do my best to help where I can:) Thank you very much for your help!!
PS: I have attached the rubric/guideline for futher assistance
Follow the instructions based on decision to complete the Strategic Plan
Strategic Plan, Part 1: Environmental Scan
You will perform an environmental scan for your target company.
Using the organization you chose in Week 1
Write a 1,050-word minimum environmental analysis in which you include the following:
- Determine how to create value and sustain competitive advantage using the environmental scanning strategy.
- Evaluate the company's external environment.
- Assess the company's general environment.
- Evaluate the organization's industry operating environment.
Format your paper according to APA guidelines.
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Explanation & Answer
Hello again today? Here is the complete paper
Running Head: ENVIRONMENTAL SCAN
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Environmental Scan
Name
Professor Name
Unit
Date
ENVIRONMENTAL SCAN
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Environmental scanning strategy
Environmental scanning is considered as the successful management key function that
works at a successful organization. Successful organizations encourage their managers to involve
themselves in scanning, which makes it a valuable tool that Rooms to Go Furniture leaders have
to learn more about. It will vigilantly monitor and evaluate its external and internal environment
for early signs detection of the threats and opportunities that will influence its future and current
plans. In the strategic plan, the environmental scan will help Rooms to Go Furniture increase the
understanding of its own external and internal environment factors that the company will use to
reach its long-term goals (Ebrahimi, 2016, January).
Rooms to Go Furniture will have to develop and maintain competitive advantage which
will be able to yield results that are in its favor. Gaining a competitive advantage measurement
will act as the guideline that will have to be implemented towards the cultivation of an effective
strategic plan and measure towards each plan effectiveness. Environmental scanning will help in
the research and description of the external and internal company reach of the company so as to
describe its external and internal environment of the development and each understanding of the
companies use and the environmental scan.
The competitive advantage and discovery will easily b...