Part oneExternal and Internal EnvironmentsOverviewIn this assignment, you are to use the same corporation you selected and focused on for the Strategic Management and Strategic Competitiveness assignment.Using the corporation you chose from the Week 3 assignment, Strategic Management and Strategic Competitiveness, examine the industry in which the entity operates. Use any or all of the following resources to conduct research on the company:Company website.Public filings from the Securities and Exchange Commissions Filings & Forms page.Strayer Universitys online databases.The Lexis Advance database.Other miscellaneous sources. Note: the companys annual report will often provide insights that other resources may not include.Use the External and Internal Environments Template [DOC] to ensure that your assignment meets the requirements.RequirementsWrite a 4â6 page paper in which you do the following:Choose the two segments of the general environment that would rank highest in their influence on the corporation you chose. Assess how these segments affect the corporation you chose and the industry in which it operates.Considering the five forces of competition, choose the two that you estimate are the most significant for the corporation you chose. Evaluate how well the company has addressed these two forces in the recent past.With the same two forces in mind, predict what the company might do to improve its ability to address these forces in the near future.Assess the external threats affecting this corporation and the opportunities available to the corporation. Give your opinions on how the corporation should deal with the most serious threat and the greatest opportunity. Justify your answer.Give your opinion on the corporations greatest strengths and most significant weaknesses. Choose the strategy or tactic the corporation should select to take maximum advantage of its strengths, and the strategy or tactic the
corporation should select to fix its most significant weakness. Justify your choices.Determine the companyâs resources, capabilities, and core competencies.Go to the Strayer University Online Library to locate three quality references. Note:Wikipedia and similar websites do not qualify as academic resources. This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. The specific course learning outcome associated with this assignment is as follows:Analyze the effects of the general environment, competition, threats, opportunities, strengths, and weaknesses relative to a corporation.Part twoWhat incentives influence firms to use international strategies? What are the three basic benefits firms can gain by successfully implementing an international strategy? Why?Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response.As firms attempt to internationalize, they may be tempted to locate their facilities where business regulation laws are lax. Discuss the advantages and potential risks of such an approach, using specific examples to support your response.Part threeWhat incentives influence firms to use international strategies? What are the three basic benefits firms can gain by successfully implementing an international strategy? Why?Determine why, given the advantages of international diversification, some firms choose not to expand internationally. Provide specific examples to support your response.As firms attempt to internationalize, they may be tempted to locate their facilities where business regulation laws are lax. Discuss the advantages and potential risks of such an approach, using specific examples to support your response.