Walt Disney Company has invested in different methods of analysis to gain and retain industry standing. The threats and opportunities that exist for an organization are identified through studying and appraising the external environment. In order to be competitive, an organization must look closely at these aspects to properly formulate a successful strategic plan.
Write a three- to four-page APA formatted paper with at least two outside sources (in addition to the text) incorporating the following aspects:
In addition to the aspects above, please share the advantages and disadvantages that exist when performing an external analysis. What did you find to be the most beneficial and detrimental factors during this analysis? Incorporate information from the readings, your research, and personal experience (using APA citations where appropriate).