Verizon Communications Inc. and Health Service Managers

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timer Asked: Sep 19th, 2017
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Question Description

The companies that were chosen are:

Verizon Communications Inc. and Health Service Managers


Purpose of Assignment

In this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how business decisions differ in organizations with high fixed costs from organizations with low fixed costs.

Assignment Steps

Resources: Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products. Hoover's Company Profiles by ProQuest located in the University Library

Choose two publicly-held organizations. One organization must have high fixed costs and low variable costs, and the other organization must have low fixed costs and high variable costs.

Note: A publicly-held organization is a private-sector firm that is owned by stock holders. Companies with high fixed costs include manufacturing companies, such as automobile manufactures, whereas service companies, such as accounting firms, might have low fixed costs.

Create a minimum 8-slide Microsoft® PowerPoint®

presentation, including detailed speaker notes

Tutor Answer

lisa06
School: UCLA

final answer

1
Running Head: INTERNAL AND EXTERNAL ENVIRONMENTAL ANALYSIS

Internal and External Environmental Analysis
Student’s Name
Institution

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INTERNAL AND EXTERNAL ENVIRONMENTAL ANALYSIS

Internal and External Environmental Analysis
Introduction
Basically, an examination of a firm’s internal and external environment is important in
the identification of real and potential factors that affect its ability to compete in the market
(Ferguson, 2015). The internal environment involves analysis of various factors and trends
relating to organizational strategy, culture, goals, structures, processes, and systems among
others. On the other hand, the external environment involves examination of various factors such
as competition, legal and regulatory environment, and economic, technological, innovation,
social and environmental issues. In this analysis, the focus will be conducting the internal and
external environment of Wal-Mart. The analysis will indicate how each factor in the internal and
external environment affects or is likely to affect the operations and growth of Wal-Mart.
External Forces and Trends
A critical examination of Walmart’s external environment indicates that competition is
the greatest force that could impact on its operations and growth. The company faces
competition from other providers of similar services which could pose a major threat to the
ability to attract customers. The increase in competition may necessitate the need for low pricing
of the services offered thus lowering the revenues for the new division. Another external force
that could impact on the operations of Wal-Mart is technological changes and innovation.
Ideally, increased use of online services by other firms may lead to intense competition.

3

INTERNAL AND EXTERNAL ENVIRONMENTAL ANALYSIS
However, changes in the social environment provide an opportunity to Wal-Mart to grow. Many
learners are increasingly becoming more interested in learning using online and virtual platforms
which mean there is a likely increase is an increasing client base for Wal-Mart.
A major concern in the introduction of the online shopping at Wal-Mart is legal and
regulatory compliance. Currently, the level of regulation in this industry is relatively low given
that it is a relatively new trend in the market. A likely introduction of stringent regulatory
mechanisms for the new business model may affect the ability to operate effectively and offer
the services to the learners. Other regulatory concerns include possibilities of tax evasion on
online transactions. Therefore, Wal-Mart will need to adhere to established regulatory mandates
to remain relevant in the market. Economically, a majority of the citizens in major markets such
as the United States are attaining higher standards of living through enhanced per capita income
(Dorrier, 2014). This will enhance the subscription by many learners to the online learning and
tutoring.
Internal Forces and Trends
The internal goals of Wal-Mart of developing the online shopping experience are to
enable users to get help in the comfort of their homes. The new business strategy of Wal-Mart of
incorporating online platforms will enhance a higher client base since it will reach customers
from across the world. However, innovation will need to be scaled up to ensure that the online
learning platforms remain relevant to the learners including the introduction of new products and
services and the way tutors interact with students. Also, Wal-Mart will need to acquire
intellectual property rights such as copyrights to eliminate copying of the business model by the

4

INTERNAL AND EXTERNAL ENVIRONMENTAL ANALYSIS
competitor firms. To enhance the achievement of the set goals, new technologies will be scaled
up to ensure a wider reach to all users.

Figure 1: Summary of SWOT Analysis
Strengths

Weaknesses

1. Technology Driven learning

1. Limited Market awareness

2. Larger client base under the new platform

2. Lack of intellectual property right to
protect the business model

Opportunities
1. Increased use of online shopping experience
2. Improved economic well-being offers
opportunities for more subscriptions.

Threats
1. Limited knowledge of regulatory
mandates
2. Increase in competition.

Supply Chain Analysis
There is an increase in online shopping which means that the supply side in terms of user
subscriptions to online shopping sessions is likely to increase. Currently, users are finding it
easier and more efficient to shop online as more options have increased. This has been reinforced
with increased number of online platforms that can offer such services. Therefore, the demand
for online shopping has been supplemented with the supply of such services.


Identification of regulatory economic and legal forces and trends.

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INTERNAL AND EXTERNAL ENVIRONMENTAL ANALYSIS
The global economic trends are chan...

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Anonymous
Excellent job

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