The drop in gas prices benefited thousands of firms. Does this fact confirm that “external factors are more important than internal factors” in strategic planning? Discuss

Introduction

This discussion is designed to help you examine the relative importance of internal and external factors. You may come across research that favors one over the other; however, you are required to make a determination and explain the reasoning behind your answer.

 

Instructions

Respond to this question:

•   The drop in gas prices benefitted thousands of firms. Does this fact confirm that “external factors are more important than internal factors” in strategic planning? Discuss.

 

Directions

• Consider quality tips. Did you:
  • Help solve a problem or lend support?
  • Challenge an idea or offer some alternatives?
  • Propose a creative solution or ask pertinent questions?
  • Assist someone in clarifying his or her ideas or give examples from your personal experience?
  • Contribute with sound evidence to support your opinion?
  • Show respect or acknowledge and affirm someone else’s ideas?
  • Bring a derailing dialogue back on track?