Question

Describe and discuss the relative merits of the environment & the strategic capability approaches to analysing a firms strategic position.

Answer 1

Analysing a firm's strategic position is very essential for improving its working structure as well as having an understanding of match with its goals and future vision.
Analysis of the strategic position as well as environmental capability is define companies ethical perspective towards the society which also alliance with its primary goal of doing business in the specific market segment. Which type of approach enables an organisation to understand its current market position and by comparing it to the final goal of the companies we can easily determine the changes we need to implement in to the organisation for acquiring the specific goal.
Environmental analysis provides an information about organisations impact on the surrounding environment. In the operational structure of the company, where is operating and providing IT services. Company should be ethical and provide their solutions to the environmental standards. These solutions reflect companies responsibility towards the society and increases its brand image in the specific market segment as well as the region. Environmental analysis is also necessary to meet with the guidelines and rules and regulations Defined by the government which can certainly affect the company's operational structure if did not meet the standard decided by the government.

Strategic analysis is a process of analysing company in the strength, weakness, opportunities and threats. This specific analysis give some ideas of companies overall condition and the available opportunities as well as threats to the organisation. By analysing all the data obtained by the swot analysis alternatively called strategic analysis can be used to improve the company's were quality as well as the internal organisational structure.
Buy successfully analysing your company's strategy and opportunities as well as the threats one can easily set up a new business identity according to the data obtained by the analysis.
Strategic planning can be defined as a process of the structure of your business with which it will grow.
By using all of these three strategies in collaboration one can easily grow their business and can generate profit while staying ethical and socially acceptable.
Social responsibility towards this is it of an organisation is very much important. Creating a socially acceptable and responsible work environment a company can easily be implemented with society and the work structure would also be improved as the quality of work inside an organisation with social acceptance would be done.
By properly managing the ethics of the company accountant can create a very sustainable as well as culturally diverse workplace which is required for each and every organisation.
By being committed to the and the Social Responsibility towards the society, workplace should follow a culturally diverse as well as providing support two different communities as well as their employees who come from different socio-cultural backgrounds and do I need a better work environment for your organisation.
By increasing the social responsibility of your organisation, brand image of your organisation can be increased in the society. If your company's ethic cultures and economic strategies are working together then they can create a more society oriented company which is very much reputed by everybody in the society. For creating a better workplace and provision of ethics morals and social responsibilities one should introduce cultural diversity into its workplace. If a company works with ethics and Social Responsibility in collaboration with the strategic planning then they would be an increase on rate of success,