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Conduct an internal and external environmental analysis for your proposed business (Fashion Clothing Boutique – Custom made and tailoring services).

 

Discuss the forces and trends below that must be taken into consideration while developing a strategic plan. Given today’s business environment and  your selected business idea, provide a list of the lessons learned from your discussion for each of the items listed below. Use this discussion to complete this assignment.

 

Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.

 

•             External forces and trends considerations:

o             Legal and regulatory

o             Global

o             Economic

o             Technological

o             Innovation

o             Social

o             Environmental

o             Competitive analysis

 

•             Internal forces and trends considerations:

o             Strategy

o             Structures

o             Processes and systems

o             Resources

o             Goals

o             Strategic capabilities

o             Culture

o             Technologies

o             Innovations

o             Intellectual property

o             Leadership

 

Write a 1,400 word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following:

•             Include economic as well as legal and regulatory forces and trends.

•             Critique how well the organization adapts to change.

•             Analyze the supply chain operations of the organization.

•             Identify issues and/or opportunities:

 

o             Identify the major issues and/or opportunities that the company faces based on your analysis above.

o             Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.

o             Identify the circumstances surrounding each issue; classify the circumstances; attribute the importance of each classification; and test the accuracy of the importance for each classification.

 

 

Format your paper consistent with APA guidelines.

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