Assignment: Write a two paragraph (or more) analysis of the following question – Why is it so important that a company understand and remain highly responsive to the external environment? Can you discuss the external environment within the context of your company’s particular industry and macroeconomic environment? Use one facet of PESTEL analysis or one of the Porter Five Forces to describe a characteristic of your company’s external environment. It is important that you describe a real, specific example. You can use your company’s situation for this analysis. If you are not currently employed, you may describe a former employer or company. If security concerns preclude discussion of your current or former company, an example from the business press is acceptable.
Required materials to include on your discussion board post includes Chapter Three from the textbook and one of the Harvard Business Review articles assigned in Unit Two.
companies such as Amazon can use this technology to ensure that the needs of their consumers are met (Carlsson-Szlezak, Reeves & Swartz, 2021). Therefore, they should be in constant demand of new technologies that will ensure that they are more competitive in the delivery market. Therefore, the research and implementation of innovative technologies by Amazon have been a significant instigator towards its performance, thus giving it a competitive edge over other delivery companies.
