answersLogoWhite

0


Best Answer

1. Businesses may face problems due to restrictive business environment which may be because of rigid government laws (e.g. no polluting industry can ever be located within a 50 Km radius of the Taj Mahal) , state of competition etc.

2. The present and future viability of an enterprise is impacted by the environment. For e.g. no TV manufacturer can be expected to survive by making only the traditional cathode-ray tube television sets when consumer preference has clearly shifted to plasma and LCD television sets.

3. The cost of capital and the cost of borrowing - the two key financial drivers of any enterprise are impacted by the external environment. For e.g. the ability of a business to fund its expansion plan by raising money from the stock markets depends on the prevalent public mood towards investment in stock markets.

4. The availability of all key inputs like skilled labour, trained managers, raw materials, electricity, transportation, fuel etc., is a factor of the business environment.

5. Increasing public awareness of the negative aspects of certain industries like hand woven carpets (use of child labour), pesticides (damage to environment in the form of chemical residues in groundwater), plastic bags (choking of sewer lines) have resulted in the slow decline of some industries.

6. Finally, the environment offers the opportunities for growth and profits. For e.g. when the insurance and the aviation industrieswerethrown open to the private sector, the new entrant could easily build on the expectations of the public.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

7mo ago
  1. Identifying and analyzing key environmental trends and factors that may impact an organization's operations.
  2. Assessing the potential risks and opportunities posed by the external environment.
  3. Understanding the regulatory, social, economic, and technological factors that may influence an organization's sustainability and competitiveness.
  4. Developing strategies to respond to environmental changes and leverage opportunities for innovation and growth.
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the key points to be understood in environmental analysis?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which stage of the listening process would you determine how well you understood a speech?

The stage where you assess how well you understood a speech is the evaluation stage. It involves reflecting on the content, identifying key points, and determining your level of comprehension.


How do you write a compare and contrast analysis?

To write a compare and contrast analysis, start by identifying key similarities and differences between the two subjects. Then, organize your analysis by creating a list or table to clearly outline these points. Finally, write a well-structured essay that discusses these comparisons and contrasts in detail, using specific examples to support your points.


During what stage of the listening process would you determine how well you understood a speech?

During the evaluation stage of the listening process, you would determine how well you understood a speech. This evaluation involves reflecting on your comprehension of the message and assessing whether you grasped the key points accurately.


Why highlight important information?

Highlighting important information helps draw attention to key points, making it easier for readers to identify and remember key details. This can improve understanding and retention of the highlighted information, making it more likely to be noticed and understood.


What are ways of analyzing influences?

Ways of analyzing influences include conducting a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats), performing a PESTLE analysis (Political, Economic, Social, Technological, Legal, Environmental factors), using a stakeholder analysis to identify key players and their impact, and employing a force field analysis to understand the driving and restraining forces at play in a situation.


What is representation of an object or system called?

The representation of an object or system is called a model. Models are used to simplify real-world complexity and capture key aspects in a way that is more easily understood or manipulated for analysis.


What does it mean to say that these concepts are the building blocks for a competitor analysis?

The concepts are the most fundamental points to understanding the competitor. It means the concepts are key to understanding the strengths and weaknesses of the competitor.


What are key points in a book?

Key points are the main important facts or themes conveyed in literature.


What are three key points of an article?

The three main key points of an article are author, subject, and conclusion.


What is the meaning of key ideas?

Key ideas are the main concepts or points that are crucial to understanding a topic or argument. They are often the fundamental principles or themes that guide the overall discussion or analysis of a subject. Identifying key ideas helps to summarize and grasp the core message or purpose of a piece of writing or discussion.


How do you do a steeple analysis?

To conduct a STEEPLE analysis, you would assess the social, technological, economic, environmental, political, legal, and ethical factors that may impact a business or organization. This involves identifying key trends and events within each of these categories to understand the broader business environment. The analysis helps businesses anticipate challenges and opportunities and adapt their strategies accordingly.


How many Accelerated Reader points is 'Skeleton Key' worth?

The book 'Skeleton Key' is worth 10.0 points.