Write a report of approxim 2200 words in which you analyse the eight major domains in the external environment for an organisation of your choice, and provide a brief assessment of the organisation’s current Life Cycle stage. Conclude with a summary of the main external issues (opportunities and/or threats) facing the organisation and what their implications are on this organisation’s survival, competitive advantage and growth prospects. you are only required to identify and speculate on relevant opportunities and threats.
In addition to the more obvious factors that affect most businesses today, you should provide deep insights into those potentially high-impact factors the firm should take into account when drafting an innovation / entrepreneurship strategy. Have you pointed out those trends that may force the company to abandon some of its conventional business practices, or change the status quo?
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