Environmental Analysis of Sears Holdings
There are several external factors that will impact Sears Holdings Corp. direction over the next ten years. These factors, which make up the external environment, include factors in the remote, industry, and operating environment.
In the remote environment there are economic and technological factors that will impact Sears Holdings. Economic factors such as availability of credit, level of disposable income, and the willingness of people to spend will all be major factors affecting the company (Pearce-Robinson, 2003). Technology will also be a concern for the organization. To avoid obsolescence and promote innovation, a firm must be aware of technological changes that might influence its industry (2003). In recent years, the ease and availability of the internet has opened the doors in the retail setting where people now do not have to leave their home to purchase everyday items. During the next five to ten years the internet will......
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Approximate Word Count: 847
Approximate Pages: 4 (260 words per double-spaced page) |