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STR 581 Week 3 External and Internal Environmental Analysis VIZIO Inc

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STR 581 Week 3
External and Internal Environmental Analysis
Name
STR-581
Date
Instructor
External and Internal Environmental Analysis
“VIZIO, Inc. was founded in 2002 by William Wang with the idea that everyone
deserves to own the latest technology”, VIZIO started out providing consulting
services for Gateway computers with three employees, today there are over 160
employees, do to outsourcing a majority of the work. VIZIO is “still hard at
work taking entertainment freedom by storm”, through adding computers,
tablets, and Apps (VIZIO, 2012 para.1).
There are various external issues that can persuade VIZIO to make the high-
quality decisions in order to select a course of action, which will have an effect
on the company’s internal structure. The external environment factors are
influenced by one another they are: remote, industry, and operating
environment. In a competition situation, these unified features summarize the
core of the prospects and threats that VIZIO confronts.
In order to track marketing prospects, VIZIO inc. should in addition be
conscious of its own internal assets, qualifications, and skills. A method
commonly applied by administrators or supervisors is the SWOT analysis
denotes the internal Strengths and Weaknesses of an individual business and the
environmental opportunities and threats a business confronts. This advance
assists managers to consider VIZIO’s internal capabilities, while making use of
the findings to enhance the strategic alternatives.
Internal Environment
VIZIO has various advantages compared to their competition in comprehending
and meeting the wants and desires of their customers. VIZIO’s numerous
features of their products that continue to increase the values of their products
and services, while continuing to build the companies internal strengths.

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