BU470 Strategic Management Assignment-03 Timber King

Directions:
Sources must be cited in APA format. Your response should be a minimum of (1)
single-spaced page to a maximum of (2) pages in length; refer to the
“Assignment Format” page for specific format requirements.

Timber King is a new Midwest company in the portable saw mill industry. You
have been asked to give Edward Perry, Timber King’s new CEO, general advice and
guidelines to assist him in doing an external analysis of the portable saw mill
industry.

Part A: Explain three benefits of conducting an external analysis.

Part B: Educate Mr. Perry on some of the challenges of conducting an external
analysis.

Part C: Explain the two perspectives on the environment.

Part D: Explain the primary responsibility of Mr. Perry’s managers in
conducting external analysis.

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