we investigate conditions in the environment that may be present when planners a

we investigate conditions in the environment that may be present when planners are determining strategies for the firm. Legal, social and cultural limitations exist to bind the firm to certain behaviors. This term we are experiencing a global pandemic during this course, therefore certain external factors that may not have been present before are certainly active now.
address how managers are communicating on a large stage during this global crisis as you answer the two questions associated with this module’s readings. Please share an example for this discussion board.
Why is it important for a firm to study and understand the external environment? (Chapter 2) As you address this question, illustrate some strategic methods used by competitors.
How do firms identify internal strengths and weaknesses? Why is it vital that managers have a clear understanding of their firm’s strengths and weaknesses? (Chapter 3)

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