Discussion:
please answer each question with 75-80 words and include refrence
DQ 1 Strategy
Businesses strategic choices are limited by economic conditions. When you arrive at strategy class, you will be asked to perform an environmental analysis. Using an organization, perform an environmental analysis based on elasticities, a mix of fixed and variable costs, current market structure, pricing decisions, current economy as reflected in key economic indicators, the current credit market, and the global economy. Identify one opportunity for the organization that requires a business management decision.
DQ 2
Strategy
Based on your knowledge of strategy formation, how do the economic concepts in this course affect strategic planning?