Determine how to create value and sustain competitive advantage using the environmental scanning strategy


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Determine how to create value and sustain competitive advantage using the environmental scanning strategy


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Choose an organization according to the following: M&T Bank corp •Current employer •Most recent or former employer •Place of business that you have patronized or have been familiar with over a long period of time. ◦Avoid choosing an organization that is so large that historical data would be difficult to apply. Firms in the Russell 2000® index may fit well, whereas firms in the Dow 30 Industrial index probably do not. •The organization can be a start-up that you or a significant other may create in the future. For a start-up, focus on an entrepreneurial idea that is of substantive interest, so this project leaves you with a product you may leverage in the future. •Use at least two references beyond your course book. Make sure to cite all referenced materials. Write a 1,050-word minimum environmental analysis in which you include the following: •Determine how to create value and sustain competitive advantage using the environmental scanning strategy. •Evaluate the company’s external environment. •Assess the company’s general environment. •Evaluate the organization’s industry operating environment.