What are the current technological forces (trends) in the external environment that might affect Your company's strategy? Research about the trend, provide the citation for your research, and explain if it creates an opportunity of thread for the company of your choice. (provide at least 2 trends and explain as above), AND Does (this company) have any core competencies? If yes, what are they? Does (this company) have a distinctive competency? If yes, what is it? Does (this company) have a sustainable strategy? in what way it is sustainable?
What are the current technological forces (trends) in the external environment that might affect Your company's strategy? Research about the trend, provide the citation for your research, and explain if it creates an opportunity of thread for the company of your choice. (provide at least 2 trends and explain as above), AND Does (this company) have any core competencies? If yes, what are they? Does (this company) have a distinctive competency? If yes, what is it? Does (this company) have a sustainable strategy? in what way it is sustainable?
Note: As per the guidelines, we will provide the solution only for first two parts in a generalized manner. Since the questions that pertain to a specific company based on personal opinion are subjective, we would provide the solution only for the first part. Also, references, citations are not provided as per the guidelines.
Organizations function in the business environment that is volatile in nature. Environmental scanning is an important tool for organizations. The organizations function in an external environment that keeps on changing. These factors can be internal or external. The internal factors can be controlled up to some extent. Also, external factors have a broader horizon and they are difficult to control. It is important for organizations to conduct the environmental analysis by using various techniques so that these changes can be taken into consideration and can be dealt accordingly.
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