Business Internal and External Environmental Analysis
You work for a consulting firm whose primary objective is to help businesses improve their strategic operations. Your firm recently was hired by a newspaper company named Hoosier Media Inc. The client’s print newspaper circulation and subscriptions have declined, resulting in 30% lower revenues over the last five years. Online ad revenues have increased but currently account for just 5% of the company’s revenue. You have been tasked with providing a comprehensive internal and external analysis to help the firm improve its business operations.
Create a 700- to 1,050-word analysis that includes the following:
Identify economic, legal, and regulatory forces and trends.
Critique how well the organization adapts to change.
Discuss the primary internal organizational considerations.
Discuss the primary external organization considerations.
Identify the major issues and/or opportunities the company faces based on your analysis.