business external and internal factors

Organizations working in any environment face constant competition and based on their strengths and weaknesses tend to face that competition by forming strategic responses to such challenges . The internal and external analysis of the organization 's environment is one of the most important methods through which it can be achieved

This research will attempt to perform an internal and external analysis of the AM Engineering to create a SWOT Table

External Forces and Trends consideration

Legal and regulatory forces

United States is a country which has one of the most de-regulated

br environments where most of the economy activity took place with lesser interference from the regulatory bodies . However , there are some regulatory requirements which every organization has to fulfill . AM Engineering is also subject to some of the regulatory forces which can influence the way it does its business . Some of the regulatory forces are

Building Code

As per law , every engineering company in US is supposed to develop and manufacture its products complying with certain standards . These building codes vary according to the industry within which the firm works , however , depending upon the nature of the organizational functions firms are required to follow certain regulations . Compliance with those building codes is checked by different agencies through direct as well as market check

Equal Employment Opportunity Committee

Every organization working in the country is required to show in-discrimination towards its employment policies and need to have a committee on equal employment . Regulated by U .S . Equal Employment Opportunity Commission , the EEOC is mandatory for every organization of certain type . Equal Employment Opportunity Committee is responsible for looking discrimination on the bases of age , disability , equal pay national origin , race , religion , pregnancy , sex etc (EEOC , 2008

Political Environment

Political environment in US is relatively stable with probability of threats from Terrorism . Country is at war with terrorism for quite long time now and any terrorist activity on the soil of US again may disrupt the political environment in the country

Based on above analysis , it is suggested that the company will be facing less regulatory challenges and can effectively meet them

Global Forces

Monetary Exchange Rate

US dollar is facing strong competition from Euro especially and its prices in the international market have significantly depreciated against it . It is also because of this reason that most of the commodities which are traded in dollar are getting expensive . Since our company will currently be working in US also therefore we do not foresee such great impact of this on our business until we go global

Global Economy

Global economy is facing strong challenges due to rising oil prices as well as increasing price trends in the essential commodities such as rice as well as wheat in the international market . due to credit crunch in US , Global economy is getting affected too which may impact the demand dynamics for the company in US also . This is probably one of the strong forces to which company need to have a strategic outlook

Economic...