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Morrison's and Its Environment: Analysis of Internal and External Factors

   

Added on  2023-06-05

1 Pages428 Words139 Views
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Introduction
In this presentation it will cover macro and micro environmental
factors of the organization. It will be covering analysis for their
internal and external factors. Furthermore, some essential ways
will be highlighted on the basis of their impact over external
environment.
Morrison's And Its Environment
External Environment
Political factors
Political aspects play crucial role in terms of determining the
essential factors which might impact on the long term
profitability of Morrison’s.
Economic factors
The economic evolution directly encourages organization
performance, while uplifting economies offers broad range of
opportunities to company (Molamohamadi and Talaei, 2022).
Social factors
some changes in demographic patterns likely to be termed as
migration, socio economic variables and aging population
have major significance for international business company
like Morrison’s.
How the company impact its context External Environment
External environmental factors are foremost as they cause direct as well as
indirect effects over business operations, revenue and personnel (Matovic,
2020). Similarly, Morrison encourages external environment primarily by their
products and services. Also, they are highly accountable and geared to form
relation with other companies as building up their mark over social belonging
community.
Internal Factors
Strengths
The organization has diverse portfolio which serves them with
competitive advantage and some essential factors within brand
strengths consist of financial position, product uniqueness,
higher quality of workforce and intangible assets (Gharachorloo,
Nahr and Nozari, 2021).
Weakness
The weakness of company can be described in the ways of
attributes through which company is lacking whereby
competitors are performing extremely well.
References
Molamohamadi, Z. and Talaei, M.R., 2022. Analysis of a proper strategy for
solar energy deployment in Iran using SWOT matrix. Renewable Energy
Research and Applications, 3(1), pp.71-78.
Gharachorloo, N., Nahr, J.G. and Nozari, H., 2021. SWOT analysis in the
General Organization of Labor, Cooperation and Social Welfare of East
Azerbaijan Province with a scientific and technological approach. International
Journal of Innovation in Engineering, 1(4), pp.47-61.
Matovic, I.M., 2020. PESTEL analysis of external environment as a success
factor of startup business. ConScienS, p.96.
CONCLUSION
The above presentation has covered internal and external factors of Morisons.
Furthermore, it has been discussed essential ways on the basis of impact over
external environment.
Morrison's and Its Environment: Analysis of Internal and External Factors_1

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