10.In this module, you will start the creation of a SWOT analysis which is the identification of your strategic audit company’s Strengths, Weaknesses, Opportunities, and Threats. For this module, you will start to develop Section III of your Strategic Audit Report by creating pieces pertaining to the external environment and how they impact your selected company by developing an EFAS table or summary of external factors. They include opportunities and threats such as the natural physical environment, societal environment, and task environment. Researching these areas will help you identify the opportunities and threats that can enhance or threaten your strategic audit company. Being able to realize what can impact your organization for good or bad is imperative to creating and maintaining a successful strategy.
The Strategic Audit company is FedEx. In the attachment section is additional information on FedEx.
Provided are the guidelines to complete each part:
Provide a written overview of the natural and physical environments affecting your strategy audit company. This summary could include topics such as but are not limited to the climate, pollution, weather, temperature, sea level, fresh water, flooding, etc. There is no minimum number of topics to write about; however, each one should be relevant to your strategic audit company.
Explain how the following forces are currently affecting industries in which your strategic audit company competes:
One of the greatest dangers that FedExCorporation must confront is the natural environmental. FedEx can deliver upwards of 10.5 million packages every day to more than 220 nations (FedEx Annual Report 2015). FedEx will be able to finish these deliveries in any weather. The capacity of FedEx to ship items to clients could be affected by unexpected weather or natural disasters, such as tsunamis, earthquakes, tornadoes or storms. After an event that is natural, gasoline prices could increase and income may fall. FedEx However, it has a plan that informs customers about weather conditions or natural catastrophes can cause delays in delivery of packages. The current natural world includes global climate change that impacts FedEx Corporation. The regulatory and legal fines that shipping companies face are impacted by the global warming. Europe’s (ETS) emission standards for greenhouse gases were widened to include the aviation sector in 2009 following the approval by the European Commission. Every FedEx Express EU flights are now subject to ETS regulations. The carbon emissions generated by flights have to be reported to receive emission allowances provided by the corporation. FedEx Express may incur significant expenses due to more stringent regulations regarding the greenhouse gases that are released (Elgin 2014). The negative impact of GHG emissions released by businesses that operate in the transportation and aviation sectors could hurt the brand’s reputation and decrease demand from consumers for their services on the air even if the legislation was absent (FedEx Annual Report, 2014).Cont…
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