Monday, 6 November 2017

Week 4

Stategic planning prosess
Internal Environmental Analysis


Internal analysis is the analysis of information:

       a) computation

       b) measurement

       c) illustration

     

      obtain from within the company.


Major analysis is made on the following major functional areas :

–Management

–Marketing

–Finance

–Operation/production


Management is a process of coordinate activities, which comprise of five functions:




Marketing refer to the exchange of product or services from the producer to the user. The seven functions of marketing are:





Analysis on financial information is done to identify a company's strengths and weakness from the financial perspective.



Operation can be defined as the process of transforming input/resources (e.g. steel, oil, etc.) into products/outputs that are of higher value to the user.

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