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Assessing the Business
Environment
IPM-NDTHRD 2014 1
Introduction
Assessing the business
environment involves scanning
the environment
IPM-NDTHRD 2014 2
Environmental Scan
External Environment
Vs
Internal Environment
IPM-NDTHRD 2014 3
Importance of Environmental Scan
• Identification of strength
• Identification of weakness
• Identification of opportunities
• Identification of threat
• Optimum use of resources
• Survival and growth
• To plan/Develop long-term business strategy
• Effective decision-making
IPM-NDTHRD 2014 4
Techniques of Assessing
Business Environment
• PEST/PESTEL
• SWOT
• Porter’s 5 Forces model
• Value Chain Analysis
• Life Cycle Assessment
IPM-NDTHRD 2014 5
PEST / PESTLEC
IPM-NDTHRD 2014 6
SWOT ANALYSIS
IPM-NDTHRD 2014 7
PORTER’S 5 FORCES
IPM-NDTHRD 2014 8
VALUE CHAIN ANALYSIS
IPM-NDTHRD 2014 9
LIFE CYCLE ASSESSMENT
IPM-NDTHRD 2014 10
by Meditha Karunatillaka 11
Journey of Life……
Thoughts
Words
Actions
Habits
Character
Destiny
by Meditha Karunatillaka01/11/2016 12
Questions
Thank You !!!!!

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