Here is the synopsis of our sample research paper on The Influence of the External Environment on Planning. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 5 page paper considers the importance of the external environment when undertaking planning. The paper defines planning, looking at what it is and how it takes place and then examines the way that the external environment could, or should impact on the planning process. The use of Porters Five Forces model as a tool to examine the external environment is considered. The bibliography cites 5 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEexplan.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
success firms should consider the external environment when planning. In order to consider how and why this is important the role of planning needs to be assessed in order to
assess the way that the external environment may be an influence. The role of planning in any business is essential, to be successful a business need to be
managed with the knowledge of where it wants to be, the way it wants to compete and the way that the objectives will be reached. A plan will include a
goal, as well as plans for the way that the goals will be realised, usually in a step by step basis. Planning is important fore the management to determine the
strategy of affirm, but it is not just as activity for the senior management in determining strategy, it may be seen throughout all levels of an organisation (Thompson, 2007). The
strategy, once decided does not self implement, plans need to be developed at all levels, from the long term step by step plans to implement the strategy to the lower
levels planning, such as the scheduling of staff and the issue such as HRM policies and how budgets are going to be met. To consider the way planning takes place
at all levels the process itself and the approaches can be examined. Mintzberg (et al, 2008) looks at the classical approach where there are separate stages and different approaches.
Traditional planning is the classical view of strategy with military type tactics and planning. It is with his that we see theoretical literature refer to many military and political tacticians,
as seen in the writings of Sun Tzu and Machiavelli, where it is noted that the make plans there needs to be an assessment of the external environment (Mintzberg et
...