Tuesday, May 5, 2020

The Impact of EEF-Free-Samples for Students-Myassignmenthelp.com

Question: Identify Enterprise Environmental Factors (EEF) of the Project. Answer: Tool to analyze the impact of EEF To analyze the enterprise environmental factors, the SWOT analysis is chosen. SWOT analysis helps to analyze the strength, weakness, opportunities, and threats of the business. Moreover, the SWOT analysis helps to know the internal and external circumstances of the environment of the organization. By the help of the SWOT analysis, the organizations are able to assess the important factors of the organization. The factors can include the leadership ability, technology, and intellectual property of the business within the company. According to Grant (2016), with the help of the SWOT analysis, the organization is able to control the important factors such as strength and opportunities, and improve those factors as well as reduce the threats and weakness of the organization. Reason to select the tool SWOT analysis is beneficial for the enterprise environmental factors that offer the holistic, and well- rounded with the internal and the external issues. With the help of the opportunities and the threats, the organization can be able to improve the strengths and reduce the weaknesses. The internal issues are associated with the strength and weakness of an organization (Machmud Sidharta, 2014). Hence, it is a useful tool for the company that avoids the potential pitfall and capitalizes the future possibilities. It is the study tool that helps to identify and analyze the internal strengths as well as the weaknesses. On the other hand, it helps to determine the external threats as well as opportunities. Hence, from the above discussion and recommendation, it can be said that the post can be agreed. References Grant, R. M. (2016).Contemporary strategy analysis: Text and cases edition. John Wiley Sons. Machmud, S., Sidharta, I. (2014). Business models for SMEs in Bandung: Swot analysis.Jurnal Ekonomi, Bisnis Entrepreneurship,8(1), 51-61.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.