BIZ202 The Business Environment Assignment Help

Subject Code:  BIZ202 

Subject Title: The Business Environment

Assessment Environmental Scan Report – Part A

Length 1000 words ± 10%

Context:

Businesses in the modern marketplace cannot afford to ignore the environments in which they operate. To navigate this vast and ever-changing landscape, businesses must keep a keen eye on microenvironmental factors that influence them. The environmental scan report is an effort to identify these factors and propose solutions to the risks they pose.

Linkages between Part A and Part B:

Part A serves to report on the microenvironmental factors that affect your chosen business. It provides a comprehensive assessment of the challenges and risks posed to the business by its microenvironment and proposes strategies to counter them.

Part B will focus on the macro-environmental factors that affect your chosen business.

Instructions:

Choose an Australian or international business which is well known in the industry and still in operation. Write a report identifying and analysing any relevant information about the microenvironment factors of the chosen organisation incorporating the following:

• Identify microenvironmental factors that influence the chosen business specifically. These factors may include but are not limited to consumer behaviour, competitor analysis, social, suppliers, intermediaries, new entrants and public opinion.

• Analyse their impact on the business that may be in terms of but not limited to changes in business performance, structure, policies, profitability, value-adding attributes, growth and market share.

• Propose solutions to challenges to counter prevailing/potential risks.

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