MBA 620 - Week 4 - Instructor Connect

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Southern New Hampshire University *

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620

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Business

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Apr 3, 2024

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Module Four Learner – Instructor Connect Sean Breckenridge MBA 620: Measuring Success in an Organization Southern New Hampshire University Michael Petersen 1. Share your expectation and understanding of Milestone Two. Identify any initial questions or concerns you have regarding:

 Balanced scorecard analysis  Performance analysis tool and techniques  Cost-benefit analysis  The deliverables expected in Milestone Two o I have no questions or concerns about the above-listed items. 2. In preparation for the upcoming milestone, address the following: a. Describe your understanding of the business environment of an organization. How can you use internal and external environments to analyze an organization’s current situation? i. The business environment is comprised of both the internal environment of the business, such as the company culture or the company’s mission/vision or its employees. The internal analysis lets your organization know how it is running internally. These are things that can only be affected by your organization, nothing external. The external analysis lets you know how you are doing in the market and/or versus your competitors. b. What are some components that make up the internal business environment? i. Company culture ii. Human Resources iii. Capital Resources iv. Employees c. Which factors influence the external business environment of an organization? i. Political

ii. Economical iii. Sociological iv. Technological v. Environmental vi. Legal

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