following is the first paragraph of my recently done assignment, i have pasted it here just to show you my skills. hope to listen from you.
The analysis of a business environment means the process of scanning data and information about external and internal environment of an organization in order to plan its course of action in future. It helps organization in planning to recognize opportunities and threats, avoid shocks, and improve short-term and long-term planning. Top management uses the information compiled from environment analysis to effectively plan for future actions. In order to improve or secure a better position in future, organizations use environment analysis to understand the external forces. There is a direct relationship between profit of an organization and environment analysis. Understanding the macro environment is generally considered to consist of seven forces –economic, demographic, natural, technology, political, competitor and socio-cultural. (Kohler, et al., 2004)