“ pestle ” analysis – adds B u s i n e s s F i n a n c e
Module 2 – Case
THE SOCIO-POLITICAL COMPASS
Assignment Overview
In the Module 2 Case, we will examine the innumerable ways in which the external environment affects the choice of strategy (creation of threats and opportunities), and how the external environment affects an organization’s chosen strategic direction.
Let’s begin here by reading the following case concerning McCain Foods (note that there are several pages of text):
Hrelements.com. (2015). How McCain responds to changes in the external environment. Retrieved from http:// Assignment
Using the Times 100 article above, write a 6- to 7-page paper in which you address the following: After performing some current research on McKain Foods, use SLEPT analysis to critically assess the external environment of McCain Foods, and determine the extent to which the company’s strategies should be adjusted pursuant to the opportunities and/or threats presenting themselves in the external environment. In a 6- to 7-page paper, do the following: Your paper will be evaluated based on the Rubric.
Required Resources Makos, J. (2016). What is environmental analysis? PESTLE Analysis. Retrieved from http://pestleanalysis.com/what-is-environmental-analysis/ There are many different tools that may be used to assist in the assessment of the remote and operating external environments. These include Porter’s Five Forces and PEST. In Module 4, we will give our attention to one such conceptual tool, SLEPT Analysis, which is a variation – and an extension – of PEST. Similar to PEST, the SLEPT Analysis is utilized by leadership to scan and monitor the remote environment. SLEPT is an acronym that stands for the: Social, Legal, Economic, Political, and Technological remote environmental forces that may affect the organization. Please review the theory of SLEPT analysis at the following page: Next, let’s review the following article related to analysis of the external environment: Makos, J. (2016). What is environmental analysis? PESTLE Analysis. Retrieved from http://pestleanalysis.com/what-is-environmental-analysis/ The journal article written by Kukalis serves as a quite excellent discussion of the turbulence and change that are occurring in today’s remote environment: Kukalis, S. (2009). Survey of recent developments in strategic management: Implications for practitioners. International Journal of Management, 26(1), 99-106. Retrieved from ProQuest. A version of SLEPT analysis – known as “PESTLE” analysis – adds the environmental dimension to the process of analysis. The PESTLE Analysis website is an excellent overview of PESTLE (and, by reference, of SLEPT as well): What is PESTLE Analysis? (2014). PESTLE Analysis. Retrieved on April 29, 2014 from http://pestleanalysis.com/Keys to the Assignment
Assignment Expectations
Module 2
Hrelements.com. (2015). How McCain responds to changes in the external environment. Retrieved from http:// S. (2009). Survey of recent developments in strategic management: Implications for practitioners. International Journal of Management, 26(1), 99–106. Retrieved from ProQuest.
Slept analysis. (2014). The Times 100. Retrieved on April 29, 2014, from
http://businesscasestudies.co.uk/business-theory/external-environment/slept-analysis.html#axzz2m8aLEn54What is PESTLE Analysis? (2014). PESTLE Analysis. Retrieved on April 29, 2014, from http://pestleanalysis.com/
Module 2 – Background
THE SOCIO-POLITICAL COMPASS
http://businesscasestudies.co.uk/business-theory/external-environment/slept-analysis.html#axzz2m8aLEn54
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