Perform an external analysis of Stericycle Inc with tables, matrices, etc. using PESTLE, partial SW(OT), CPM, Porters 5 Forces, and EFE with analysis of 3 industry competitors.
Attached is full report description, and a list of readings that CAN be used as resources, but shall not be the only resources used. The resources must be scholarly, or from a reliable source(such as where the financial statements and variables were retrieved). NO BOOKS ALLOWED FOR RESOURCES. Please refer to the assignment description for full list of rules and requirements.
**Title page and resource page not included in page count, but must be included**
– Please contact me with any questions or concerns

THE COMPANY BEING ANALYZED IS STERICYCLE INC!!!!!

Purpose: 

This project is the first of three projects.  You will use the tools and apply concepts learned in this and previous business courses to demonstrate an understanding of how organizations develop and manage strategies to establish, safeguard and sustain its position in a competitive market.

Monitoring competitors’ performance is a key aspect of performing an external environment analysis.  This project provides you with the opportunity to evaluate the competitive position of one of the organizations listed below and integrate that information in an External Factor Evaluation (EFE) matrix and Competitive Profile Matrices (CPM).

In this project, you are presenting a report document.  The expectation is that the report provides the level of details to help the report audience grasp the main topics and to fully understand the External Environmental Analysis.

Analysis is the operative word.  In analyzing the external environment, you are expected to thoroughly research and take that research and break it into small parts to gain a better understanding of what is happening in the external environment of the business.  In researching an industry, it is important to understand that every company within an industry is different so gathering information on one company does not mean that the collected information is relevant to other company within that industry.  When researching, parsing the material is critical to an accurate analysis.  Avoid presenting just any information as that may lead to using irrelevant information.

You will then write the report in your own words to share the external analysis.  You are expected to present information and support the ideas and reasoning using the course material and your research.  You will not lift any information from source documents without properly citing and referencing.  For the technical analysis aspect of the project, you are required to create the technique on your own and may not use from any source material that you happen to find.

 

Skill Building:

In this project, you are building many different skills including research, critical thinking, writing and developing analytical skills related to various financial analysis tools and strategy tools used in business.

 

Outcomes Met With This Project:

• utilize a set of useful analytical skills, tools, and techniques for analyzing a company strategically;
• integrate ideas, concepts, and theories from previously taken functional courses including accounting, finance, market, business and human resource management;
• analyze and synthesize strengths, weaknesses, opportunities, and threats (SWOT) to generate, prioritize, and implement alternative strategies in order to revise a current plan or write a new plan and present a strategic plan;

 

Instructions:

Step 1:  Research

In completing the report, you will perform research on the company and answer the required elements below in narrative form following the steps provided.

Resources:

All resources used must be scholarly, AND LINKS TO THOSE RESOURCES MUST BE PROVIDED in the reference page.

 

Step 2:  The External Analysis

After reading the course material for the first three weeks, you will perform an external analysis on an industry where a company from the list below operates and competes.  You will be assigned by your instructor one of these companies to complete the analysis.  Using a company other than the instructor-assigned company will result in a zero for the project.  You will perform research on the instructor-assigned company, its industry and its competitors.

THE COMPANY TO BE ANALYZED IS STERICYCLE INC.

Focus on factors related to the company’s industry and the environment that it and its competitors make. The factors to measure are those identified in a partial SWOT, Porter’s Five Forces, PESTEL, EFE, and CPM.

 

Step 3: Specific Company for the project (stericycle inc.)

The companies that your instructor has assigned to each of you are listed in List of Companies.

Students must complete the project using the assigned company.  Deviating from the assigned company will result in a zero for the project.

Step 4:  Introduction

Create an introductory paragraph.  The Introduction should clearly and concisely convey the main points of the project’s requirements. Review the following website to learn how to write an introductory paragraph: http://www.writing.ucsb.edu/faculty/donelan/intro.html

 

Step 5:  How to Set Up the Report

In the past weeks, you have learned new concepts and techniques to assess the business environment.  You will use these techniques (tools), concepts and information from your own research to perform the external analysis of the selected company’s environment.  You are not lifting from other sources but performing your own analysis.

Create a Word or Rich Text Format (RTF) document using 12-point font.  The final product cannot be longer than 16 pages in length, which includes all tables and matrices but excludes the title page and reference page.  Those items identified in the technical analysis should appear under the appropriate heading in the paper.  Do no use an Appendix.

Follow the following format using these topics as headings:

• Title page with title and date
• Company overview
• Industry analysis
• Competitive analysis:  [Use the company’s closest three (3) competitors plus the selected company.]
• Techniques Analysis:  PESTEL, Five Forces, OT from partial SWOT, EFE, and CPM.
• Trends: Discuss trends significant to the industry and company and discuss key areas of uncertainty related to trends or events that potentially could impact the company’s strategy.
• Conclusion of the external analysis

• Reference page.

 

Step 6: Conclusion

Create a concluding paragraph.  The Conclusion is intended to emphasize the purpose/significance of the analysis, emphasize the significance/consequence of findings, and indicate the wider applications that are derived from the main points of the project’s requirements. Review the following website to learn how to write a concluding paragraph: http://www.writing.ucsb.edu/faculty/donelan/concl.html

Report Requirements to Follow

In writing the report,

• Use the grading rubric while completing the project to ensure all requirements are met that will lead to the highest possible grade.

• Third person writing is required.  Third person means that there are no words such as “I, me, my, we, or us” (first person writing), nor is there use of “you or your” (second person writing).

• Contractions are not used in business writing, so do not use them.

• No direct quotes except for mission statement and vision statement.  For all other source material used in the analysis, you will not use direct quotation marks but will instead paraphrase.  What this means is that you will put the ideas of an author or article into your own words rather than lifting directly from a source document.  You may not use more than four consecutive words from a source document, as doing so would require direct quotation marks.  Changing words from a passage does not exclude the passage from having quotation marks.

•  Use in-text citations and provide a reference list that contains the reference associated with each in-text citation.

• You may not use books in completing this project.

• Provide the page or paragraph number in every in-text citation presented.