ETOP-Environment threat and opportunity profile – It is a technique to structure the The strategic managers must keep focus on the following dimensions-. ETOP analysis (environmental threat and opportunity profile) is the Understanding of management strategy or organization policy and. Etop in strategic management pdfEtop in strategic management pdf Etop in strategic management pdf.
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The preparation of an ETOP provides a clear picture for organization to formulate stfategic to take advantage of the opportunities and counter the threats in its environment.
When organizations can think far ahead, they can create some opportunities. ETOP Analysis Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key people within the corporation or organization. Approaches and Techniques Used for Environmental Scanning. It can also take advantage of the high exports potential that already exists. While it plans to set up thermal power plants in states like Andhra Pradesh, Chhattisgarh, West Bengal, Jharkhand and Bihar which produce coal, this is indeed good news.
But nanagement the implications of this ETOP for a new manufacturer who is planning to enter this industry. The midstream industry processes, managemebt, markets and transports commodities such as crude oil, natural gas, natural gas liquids liquefied natural gas such as ethane, propane and butane and Strategid.
It aspires to continue to develop technology overlaps between the businesses it has. It usually relates to events, trends, issues, natural calamities and expectations.
Since the company is an established manufacturer of motorbike, it has a favorable supplier as well as technological environment. Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key people within the corporation or organization. Import of machinery under OGL list possible. Examples of external threats include new and existing regulations, new and existing competitors, new technologies that may make products or services obsolete, unstable political and legal systems in foreign markets and economic downturns.
Environmental Threat and Opportunity Profile (ЕТОР)
Growing affluence among urban consumers; Exports potential high. Although the technique of dividing various environmental factors into specific sectors and evaluating them as opportunities and threats is suggested by some authors, it must be carefully noted that each sector is not exclusive of the other.
You must be logged in to post a comment. The external environment consists of customers, government, economy and competition. Though the market environment would still be favorable, much would depend on manxgement extent to which the company is able to ensure the supply of raw materials and components, and have access to the latest technology and have the facilities to use it.
Though some elements stratwgic the organization as a whole, others affect only the management. As shown in the table motorbike manufacturing is an attractive proposition due to the many opportunities operating in the environment. There are number of uncertainties exist in a mangaement situation and so a company can be greatly benefited buy devising proactive and flexible strategies in their plans, structures, strategy etc.
Leave a Reply Click here to cancel reply. India is weak in it.
ETOP-Environmental Threat and Opportunity Profile
Industry growth rate is 10 to 12 percent per year, For motorbike growth rate is managsment percent, largely Unsaturated demand. Ironically, stronger organizations can be exposed to a greater level of threats mnagement weaker organizations, because success raises envy and competition which a successful organization needs to fight to get ahead. Narendra Modi government is planning to set up several power plants.
However, they are facing tough competition in oil exploration and production from private players like Reliance, Essar, Adani, etc. Some of the impotent issues may be those related to market share, competitive pricing, customer preferences, technological changes, economic policies, competitive trends, etc. It requires proper evaluation on the position of an organization, whether the adopted strategy is working well and if not why and how should it progress ahead.
Methods, Techniques and other Strwtegic.
ETOP Analysis – Dr. Vidya Hattangadi
The downstream sector is a term commonly used to refer to the refining of crude oil and the selling and distribution of natural gas and products derived from crude oil. However, managing the strengths of internal operations is the key to business success. And finally the strategy manger uses his judgment to place various environmental issues in clear perspective to create the environmental threat and opportunity profile. Customer preference for motorbike, which are fashionable, easy to ride and durable.
The relevance, importance, manageability, variability and low cost of data are some of the important factors, Managemwnt must be kept in focus.
Business environment analysis is a regular business feature. Environmental Science, Engineering and Management. A summary ETOP may only show the major factors for the sake of simplicity.