Consider how the external environment applies to an organization of your choosing:Using examples in the text or from your own research, define the external environment as it applies to an organization of your choosing.

Introduction: This unit focuses on an organization’s external environment, meaning those conditions from outside the organization which affect its strategy. The external environment can be very complex, and often organizations have little influence over it.

The tools in this unit will assist you in classifying and analyzing the various external factors to understand their impact on an organizational level. You will apply these concepts in a case study format
Reading

Chapter three in Strategic Management: Evaluation and Execution provides an excellent overview of the evaluation tools. These concepts can then be applied to the case study from The Massachusetts Institute of Technology. The case is about the international diamond market and technical innovation.
Ketchen, D & Short, J. (2012). Strategic Management: Evaluation and Execution.
Chapter 3

McAdams, D. & Reavis, C. (2008).  DeBeers’s Diamond Dilemma, MIT Sloan School of Management. This work is licensed under the Creative Commons Attribution-Noncommercial-No Derivative Works 3.0

Discussion Assignment:

You will consider how the external environment applies to an organization of your choosing. Using examples in the text or from your own research, define the external environment as it applies to an organization of your choosing.

What are the unique aspects of the external environment for this organization?

Identify a strategic group the organization may belong to.

What are other organizations in that group?

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