By the end of this topic, learners will be able to:
- Distinguish between the internal and external business environments.
- Identify the components of each environment and their strategic implications.
- Apply analytical tools such as SWOT, VRIO, and PESTEL to environmental assessment.
- Understand the interdependence between internal capabilities and external opportunities/threats.
- Develop strategic insights based on comprehensive environmental scanning.
- Perform a basic environmental audit for real-world organisations.
Internal vs. External Environment
Lesson 2: Markets and Competitors Analysis
Lesson 3: Markets and Competitors Analysis
Lesson 3: Risk Management in Strategy & Adaptability
Lesson 3: Risk Management in Strategy & Adaptability