Question

Company: CVS pharmacy

• Each of these opportunities and threats must come from a force or forces occurring within a dimension or dimensions of the general environment within the organization's external environment. (Keep in mind an opportunity or threat can stem from more than one dimension within the general environment.)
• Be sure to include in your discussion the relevant dimensions of the general environment from which each of these forces is derived that are creating the specific opportunity or threat for the organization.

• Analyze the internal and external environments CVS

• Follow all instructions below:

First

Internal Environment

Format

• Discuss what countermeasures the organization has put in place to improve the weaknesses and improve the business.

Second

External Environment

Format:

Thoroughly research and analyze two opportunities and two threats that this organization is facing.

• Analyze and describe company opportunity 1.
• Analyze and describe company opportunity 2.
• Analyze and describe competitor threat 1.
• Analyze and describe competitor threat 2.
• Discuss a force, or forces, occurring within a dimension, or dimensions, of the general environment within the organization's external environment.

Answer 1

External Environment Analysis of CVS Pharmacy

• Opportunities
  • Opportunity 1: New taxation policy introduced by Trump government can be quite fruitful for the business of CVS Pharmacy. The taxation rule will facilitate business and help the expansion prospective of the company
  • Opportunity 2: The government has also lowered the cost of shipping and transportation. Hence the overall cost of CVS Pharmacy products will come down. This will increase the market penetration of the company to the weaker segments of the society
• Threats
  • Threat 1: The cost of raw materials used in the production process of CVS Pharmacy is increasing. This may increase the overall cost of product and may lead the customers to switch to competing brands
  • Threat 2: The company lacks innovation. This can affect the future course of business of the company as the competing pharmaceutical companies are integrating innovation, in their business model