{"id":30474,"date":"2024-03-03T11:48:10","date_gmt":"2024-03-03T11:48:10","guid":{"rendered":"https:\/\/academicwritersbay.com\/writings\/environmental-analysis\/"},"modified":"2024-03-03T11:48:10","modified_gmt":"2024-03-03T11:48:10","slug":"environmental-analysis","status":"publish","type":"post","link":"https:\/\/academicwritersbay.com\/writings\/environmental-analysis\/","title":{"rendered":"Environmental Analysis"},"content":{"rendered":"<div class=\"section_wrapper\">\n<div class=\"the_content_wrapper\">\n<p>\u00a0<\/p>\n<p>Describe the business you are designing the plan for. Include the mission statement, vision statement, product line description, and business information (such as the size of the business).<\/p>\n<p>Environmental Analysis<\/p>\n<p>Analyze the forces that affect the business and marketing efforts.<\/p>\n<p>Competitive Forces<\/p>\n<p>Analyze the business\u2019s key competitors. You may choose to use a BCG matrix or attribute checklist to compare your selected business against its competitors. Describe any strategic moves the competition has recently made. Estimate the business\u2019s market share. Identify key competitive advantages against your selected business\u2019s competitors.<\/p>\n<p>Economic Forces<\/p>\n<p>Analyze the economic environment in the areas affecting your selected business. Consider differences within their industry and the economic impact on suppliers.<\/p>\n<p>Political Forces<\/p>\n<p>Analyze relevant political forces. Examples may include an election year or a law to drastically reduce or eliminate plastic waste in a county that would affect your selected business.<\/p>\n<p>Legal, Regulatory, and Ethical Issues<\/p>\n<p>Analyze the legal, regulatory, and ethical issues that may affect your selected business. Considerations may include local laws such as a ban on the use of plastic bags, the ability to post billboards, or a possible increased regulation on direct mail.<\/p>\n<p>Technological Forces<\/p>\n<p>Analyze whether your selected business will be affected by emerging technologies or trends in hardware and software industries.<\/p>\n<p>Social Forces<\/p>\n<p>Analyze social trends and how they may affect your selected business. Considerations may include if the business will be affected by demographic trends or a growing dependence on computers, or whether interest in your product might be affected by growing preferences in the way things are done or changing social values.<\/p>\n<p>Current Target Markets<\/p>\n<p>Define the business\u2019s current target markets. Describe the demographic, geographic region, psychographics, and product usage of these targets.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 Describe the business you are designing the plan for. Include the mission statement, vision statement, product line description, and business information (such as the size of the business). Environmental Analysis Analyze the forces that affect the business and marketing efforts. Competitive Forces Analyze the business\u2019s key competitors. You may choose to use a BCG &#8230; <a title=\"Environmental Analysis\" class=\"read-more\" href=\"https:\/\/academicwritersbay.com\/writings\/environmental-analysis\/\" aria-label=\"Read more about Environmental Analysis\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-30474","post","type-post","status-publish","format-standard","hentry","category-essaywr"],"_links":{"self":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/30474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/comments?post=30474"}],"version-history":[{"count":0,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/posts\/30474\/revisions"}],"wp:attachment":[{"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/media?parent=30474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/categories?post=30474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/academicwritersbay.com\/writings\/wp-json\/wp\/v2\/tags?post=30474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}