Economic Environments Assignment Help

Economic Environments Assignment Help

 Introduction

Economic Environments Assignment Help proper strategy for the growth and success of a business can only be formulated and adopted if the internal and the external environments related to the economic aspect of that business organization are thoroughly analyzed and evaluated. The analysis of the internal environment should be conducted on the basis of the strengths and weaknesses of that environment. Whereas the analysis of the internal environment may seem to be a rather simple and straightforward job for the organizations, the analysis of the external environment is quite complex and laden with a number of peculiarities. This is because of the fact that the analysis of the external environment should not only be based on the general analysis of the external environment but also on the critical understanding of the market competition, the competitive entities, the viability of the implemented strategies to handle the level of competition, and the threats and opportunities involved in the scenario that is being analyzed(De Giovanni, 2012) . Therefore, it is a critical process which needs immense effort. However, successful business strategies can be adapted and developed by the collection of proper analysis of both the internal and the external economic environments related to an organization. Furthermore, it is also important for an organization to properly identify and evaluate the core resources of the organization, the fields of the core competency, the level of the capability, thorough analysis of the value chain and its relationship with the capabilities and the available resources of that organization (Menguc, Auh, & Ozanne, 2009). This paper attempts to critically analyze the internal and the external economic environment of the Apple Inc., a leading brand from the information technology sector on the global scenario, in order to develop a proper understanding of the impact of these environments on the organizational operations of the company and how the potential strategies can be developed and implemented in to properly handle the implications and ensure the organizational success.

More info →