Barriers to Entry and Learning Objective

Discussion Question 3.1: Why is it important for an organization to study and understand its external environment?

Businesses can prepare their own analysis for each category by obtaining numerous pieces of information, which relate to their current state as well as knowledge about how their company’s decisions and operations impact their society and environment.

The environment of any organization consists of internal and external factors. An organization should conduct a scan of its environment in order for it to determine development, and a forecast on the factors that may influence the success of the organization. Scanning the environment refers to the possession and utilization of the information that an organization has about trends, patterns, occasion and the external and internal relationship that are within an organization. A scan of the environment may assist the management team of an organization in making a decision about the future path of the

The environment can be described as all those elements, both the living and the non-living that surrounds us. The environment can also refer to the condition within which individuals, animals and plants lives. Mankind has a role to play in the environment, which mainly concerns taking care of the environment as well as improving it. Since, we as human beings are different from animals as we have a gift consciousness, we have an obligation of being improvers of the environment through ensuring that we observe environmental consciousness and that we avoid all those practices that negatively affects the environment and cause ecological crisis and problems. This essay will use the article “Towards a Buddhist Environmental Ethics” by Rita M Gross to help in the answering of the question “What is our appropriate role in relation the environment?” The essay will additionally look into the concept of ‘deep ecology’ by Bill Devall and George Sessions to get a deeper understanding of the ecology and our relationship with it, a concept that will help us to be in a better position to answer our appropriate role concerning the environment.

c.Population-all the organisms belonging to the same species within an area at the same time

part of the exercise of strategy development. Some parts of the external environment that are usually

Some of these include the damaging effects on the environment, cruel working conditions, and the use of child labor. First off, let’s begin with the ramifications caused by environmental damage which is something that, to this day, we are still struggling to deal with. Here is an excerpt that describes the harming effects Industrialization has had on our environment, “Industrialization has brought factory pollutants and greater land use, which have harmed the natural environment. In particular, the application of machinery and science to agriculture has led to greater land use and, therefore, extensive loss of habitat for animals and plants. In addition, drastic population growth following industrialization has contributed to the decline of natural habitats and resources. These factors, in turn, have caused many species to become extinct or endangered” (Document 3). From the quote, we get a detailed description on how there’s been a loss of natural habitats, resources, and species. Though these things are obviously not great, it’s one of the negative consequences that comes along with our nation progressing. Of course it’s not good that we are still dealing with these consequences, considering that we only have one earth. However, as time progresses, we’re discovering new innovative techniques to combat this environmental damage. Then,

In the past, the Congress and the House have forced the state governments to meet in certain enviromental standards. (Sparknotes Editors, Federalism, page 2)

Evaluating information on events occurring outside the organization and identifying trends is environmental scanning. Trends are determined through the forces of social, economic, technological, competitive and regulatory sources. In some of my research on this subject, I found reference to the term PESTLE analysis which involves six different environments for assessment: political, economic, social, technological, legal and environment.

When manipulating a business’s strategy, it is important to focus on the external factors in the environment. An external analysis is where a business conducts environmental scanning that present a company with the key external forces influencing the organization. The facets of external forces examined are the business environment, remote environment, or the competitive environment. A business environment is all of the external factors in the general environment that a firm cannot control, but can affect their strategy. The remote environment is the forces that affect most firms. Lastly, a competitive environment is the firm’s specific industry and its entirety. The external analysis is pertinent to a company called Dick’s Drive- In; without it, Dick’s would not be a thriving popular business today.

Q3) In terms of the external environment analysis, we will focus on three areas, namely, general environment, industry environment and competitor’s environment.

The decline of the environment due to natural and human exertion is known as the degradation of the environment. The natural weather occurrences such as heavy rain, flooding, storms, earthquakes, volcanoes etc. are not administered under human control. These meteorological phenomenon’s wreak devastation on the environment from time to time causing the land to become unsuitable to cultivate. On this subject matter, the human population does not contain the power to stop the wrath of Mother Nature. Rather, we are forced to sit back and watch. Nevertheless, humans engage in a crucial role towards the degradation of the environment in which we live in. Unavoidably, the degradation of the environment is a rising and utmost worldwide subject. I accept that the root cause to environmental degradation is the excessive use of resources on our land utilized by the processes under capitalism. As Jensen wrote in Endgame, “The global industrial economy is the engine for massive environmental degradation and massive human and (nonhuman) impoverishment.

The general environment is composed of segments that are external to the firm. Although the degree of impact varies, these environmental segments affect all industries and firms competing in them. The

An analysis of the external environment includes the factors in a business’s external environment about a business's industry, competition, and political and social environments, and affects the firm’s strategy (Aaker, 2001).

The life-sustaining bond between humans and the land is that the land provides humans with many things that they need in order to survive and thrive with for the future. The land provides us with water, meat, vegetables, medicinal herbs, materials for shelter, and much more. This is what connects humans to the land.