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Conduct an internal and external environmental analysis for your

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Conduct an internal and external environmental analysis for your proposed business.;Discuss with your Learning Team the forces and trends below that must be taken into consideration while developing a strategic plan. Given today?s business environment and each Learning Team members? selected business idea, provide a list of the lessons learned from your Learning Team?s discussion for each of the items listed below. Use this discussion to complete this assignment.;Create a SWOTT table summarizing your findings. Your environmental analysis should take into account, at a minimum, the following factors. For each factor, identify the one primary strength, weakness, opportunity, threat, and trend, and include it in your table.;? External forces and trends considerations;o Legal and regulatory- Constantly changes in local government agencies and stae regulations;o Global- New opportunities to expand;o Economic?Drastic changes in the economy, prices on gas, suppliers. Like oil.;o Technological-Unable to keep with new technologies for lack of training, funds;o Innovation-;o Social;o Environmental- Natural disaster;o Competitive analysis --- Constantly checking on th competition prices, changes;? Internal forces and trends considerations;o Strategy?Good strategy plan;o Structures? Define business structure;o Processes and systems?Good process and system;o Resources? Technical employees;o Goals--- Vision;o Strategic capabilities---;o Culture-- Business Culture;o Technologies----;o Innovations;o Intellectual property;o Leadership;Write a 1,400- to 1,750-word synopsis in which you analyze at least seven of the forces and trends from the list above. Your analysis must include the following;? Include economic as well as legal and regulatory forces and trends.;? Critique how well the organization adapts to change.;? Analyze the supply chain operations of the organization. Auction,trade-ins- to mech-bodyshop-detailing, store and customer.;? Identify issues and/or opportunities;o Identify the major issues and/or opportunities that the company faces based on your analysis above.;o Generate a hypothesis surrounding each issue and research questions to use for conducting analysis.;o Identify the circumstances surrounding each issue, classify the circumstances, attribute the importance of each classification, and test the accuracy of the importance for each classification.;Attachment Preview;Mission,vision_values[1].docx;MISSION, VISION AND VALUES;1;Mission, Vision and Values;Mivian Schiavone;Bus/475;July 12, 2011;Dr. Ed Miller;MISSION, VISION AND VALUES;Mission, Vision and, Values Paper;2;The mission, vision, and values are one of the most important steps in a business strategy;plan. Defining those clearly helps managers and employees to guide them in achieving the;objectives and goals. The intention is to provide a description of the chosen business, potential;customers, the mission vision, and values statement. Also offer an analysis of the vision and values;with emphasis in the culture, social responsibilities, and ethics.;OMagic Auto Sales, Inc., is a medium size pre-owned auto sales business in the southwest;area in Orlando, Florida. The business is surrounded by medium high class families, close to the;airport and the community high school. Very often taxi drivers stop by the business looking to buy;specific cars like, large size passenger vans, ford crown victorias, and lincoln town cars.;The inventory that the business carry are mostly medium to large size cars no more than 10;years, and no more than 150,000 mileage. The prices of our products range are $3,000 to $11,000;competing with other dealers in the community. Each of the automobile placed in our inventory has;been checked, as far as vehicle history, mechanical, possible manufacturers warranties. Each auto;added to the inventory is a product that offers our clients a reliable product.;Based on the information provided above we developed the mission statement of OMagic;Auto Sales, Inc. that is as follows: We are committed to the goal of developing lifelong clients;relationships. We strive for continue improvements to make it easier for our customers to do;business with us. OMagic has hired and trained a group of diverse individuals who are tireless in;their effort and dedication in being the best in this competitive business. Whether is to help clients;find the right insurance company, parts or service their vehicle, our diverse employees are train to;provide a level of integrity and respect to each client or potential client.;The vision statement of OMagic Auto Sales, Inc. is as follows: To become the number one preowned cars business in Orlando offering the best service to families. Through their experience;OMagic Auto Sales family wants to turn around peoples opinion of the pre-owned business to be a;MISSION, VISION AND VALUES;3;positive and rewarding one. To maintain a profitable business during many years to come that will;benefit our stakeholders and the community in general.;The values and guiding principles of OMagic Auto Sales, Inc., are: We are committed to;customers trust. We value honesty and integrity and the passion for continuing improvement.;Quality of service and the safety of our products are our commitment to our clients. Understanding;the fears customers have when purchasing a pre-owned vehicle we want to provide the peace of;mind they need when investing in a pre-owned automobile. The business owners and fellow;employees will follow the set of values that will differentiate us from other business in the industry.;The set of values must reflect what the mission and vision state helping establishing a business;culture to be a reliable, trusting, friendly.;One of the completive advantages that our business has is that each client or potential client is;treated like family to develop the long-lasting relationship that our mission establishes. This is;important because our business plan is to be operating for years to come and establishing trust in;clients who will bring customers coming back and provide referrals.;Like any other business OMagic Auto Sales, Inc. has a social and ethical responsibility. For;example, we are committed to comply and follow with state and city codes like provide the space;for numbers of cars in the lot, privacy to our customers personal information. Also our partners the;mechanics must follow safety guidelines while disposing wasting materials like oil. In each;transaction the clients are explain and guided to make an informative decision, especially when it;pertains to financing. The finance officer is mandated to provide the best options to each customer.;These facts mentioned above are ways to achieve competitive advantages over other dealer;business. Building trust, reliability of products, offering the best service to each customer and;provide honest guidance to satisfy clients needs. The mission, vision, and values of the business;guide our business daily and are the spiral that provides support to continue in the business.;MISSION, VISION AND VALUES;4;References;This is a hanging indent. To keep the hanging indent format, simply delete this line of text using the;backspace key, and replace the information with your reference entry.

 

Paper#34581 | Written in 18-Jul-2015

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