ENVIRONMENTAL THREAT AND OPPORTUNITY PROFILE ETOP PDF
ETOP(Environmental Threat and Opportunity Profile) is a technique to structure environmental involves: Dividing the environment. Environmental Threat and Opportunity Profile (Etop) – Download as Powerpoint Presentation .ppt /.pptx), PDF File .pdf), Text File .txt) or view presentation. ETOP analysis is a management tool that analyses environmental information and determines the relative impact of threats and opportunities for the systematic .
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Once an organization gets into reputation problems, it goes on growing like weeds in a garden. It results in a quantity of information related to forces in the environment. 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.
The Champa flower November 7, Leave a Reply Click here to cancel reply. While it plans to set up thermal power plants in states like Andhra Pradesh, Chhattisgarh, West Bengal, Jharkhand and Bihar which produce nad, this is indeed good news.
Some opportunities can be foreseen, such as being able to expand a prfoile into a new city. Log into your account. A comprehensive ETOP requires subdividing each environmental sector into sub factors and then the impact of each sub factor on the organization is described in the form of a statement.
Unlike the external environment of a business, the internal environment can be controlled. Changes in philosophy and leadership style are under the control of the manager. Ironically, stronger organizations can be exposed to a greater level of threats than weaker organizations, because success raises envy and competition which a successful organization needs to fight to get ahead.
Environmental Threat and Opportunity Profile (ЕТОР)
The Enviornmental factors are quite complex and it may be difficult for ftop managers to classify them into neat categories to interpret them as opportunities and threats. Though some elements affect the organization as a whole, others affect only the management. Narendra Modi government is planning to set up several power plants. A company that bungles or ignores its image is likely to encounter a variety of problems.
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.
ETOP Analysis – Dr. Vidya Hattangadi
Data should be collected from good sources otherwise the entire process of environmental scanning may go waste. 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. It profkle relates to events, trends, issues, natural calamities and expectations.
The optimum level of flexibility should be maintained.
ETOP-Environmental Threat and Opportunity Profile
Though the market environment would still be favorable, much would depend on the extent to which the company is able to ensure the supply of raw materials and components, and have access environmentla the latest technology and have the facilities to use it.
As shown in the table motorbike manufacturing is an attractive proposition due to the many opportunities operating in the environment. Industry growth rate is 10 to 12 percent per year, For motorbike growth rate is 40 percent, largely Unsaturated demand. But contrast the implications of this ETOP for a new manufacturer who is planning to enter this industry.
Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key people within the corporation or organization.
GE specializes in growth areas such as drilling threwt and compressors. The effort and the self belief is certainly going to get to a logical conclusion to your desire to improve academia and Industry in India. Some external elements can be manipulated by company marketing, while others require the organization to make adjustments. 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.
Strategies are means of operationally signing a policy for goals and objective. Each of the major factors pertaining to a particular sector of environment may be divided into sub-sectors and their effects studied. Oil and gas majors oportunity Cairn, ONGC and Reliance have lined up plans for huge investments in-order to increase oil and gas production in the country, which has fuelled the growth.
The external environment consists of customers, government, economy and competition. Global Competitiveness Index for igniting economic growth. The midstream industry processes, stores, markets and transports commodities such as crude oil, natural gas, natural gas liquids liquefied natural gas such as ethane, propane and butane and Sulphur.
It is important to recognize potential opportunities and threats outside company operations. Since the company is an established manufacturer of motorbike, it has a favorable supplier as well as technological environment. Business environment analysis is a regular business feature. Mostly ancillaries and associated companies supply parts and components, REP licenses for imported raw materials available.
The preparation of ETOP involves dividing the environment into different sectors and then analyzing the impact of each sector on the organization. This would enable managers to violate strategies when it is necessary.
Understanding of management strategy or organization policy and effectiveness is not as easy; it requires looking at how company is griped with challenges, looking at the threats and opportunities and finding solutions for facing it.
The preparation of an ETOP provides a clear picture for organization to formulate strategies to take advantage of the opportunities and counter the threats in its environment.
Customer preference for motorbike, which are fashionable, easy to ride and durable. Environmental Science, Engineering and Management. Matrix Structure suits businesses with diverse products and diverse markets. There are number of uncertainties exist in a business situation and so a company can be greatly benefited buy devising proactive and flexible strategies in their plans, structures, strategy etc.
Sometimes very micro and neglected issues mar the strategy.