External and Internal Environmental Analysis of Great Pride Llc
Autor: ironbredbishop • June 5, 2013 • Case Study • 1,240 Words (5 Pages) • 1,478 Views
External and Internal Environmental Analysis of Great Pride LLC
Today’s economic enterprise system may be more complex choice, more diverse in regards to ownership, and more service oriented than at any other period in recorded history. Though the thirst for the entrepreneurial spirit may inspire many to take the leap of faith during theses stingy economic times, the ability to properly analyze data in the forms of external and internal environmental scanning and formulate sound business decisions based on the information could be the difference between success and failure. Great Pride LLC intends to provide transportation support services to and from necessary health management appointments for the Medicare & Medicaid recipients of metro Atlanta, Georgia. Many of today’s elderly, sick, poor, and forgotten lack the dedicated resources in the forms of finances, vehicles, or support systems to readily make their doctor’s appointments, dialysis treatments, etc. Great Pride LLC, with a fleet of transport vehicles, is more than willing to fill that void. What is to follow will cover material that Identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments. It will provide data that identifies and analyzes the most important internal strengths and weaknesses of Great Pride Transportation Services LLC. And include an assessment of the organization’s resources. And finally assess Great Pride’s competitive position and possibilities.
Identify and Analyze the Most Important External Environmental factor
The most important opportunities for Great Pride LLC can be narrowed down to the arrival of new technologies, unfulfilled customer needs, and changes in regulations regarding healthcare coverage. Though the transportation of people can be simplified by a cynic to placing people in vehicles and taking them where they need to go by the time they need to be there, technology has the ability to make this process more fluid, safe, efficient, and cost effective. A sound example of infusing technology with transportation would be how FedEx uses a program to prioritize stopping points on a driver’s route so that left turns are almost excluded entirely. A considerable amount of time and fuel is wasted on the efforts it takes to negotiate left turns on today’s busy highways and streets (Arnold, 2012). An investment is such a technology could give Great Pride a competitive advantage over any competing agencies.
There is an increasing pool of unfulfilled customers who are in need of non-emergency medical transportation. With an already growing and aging population, expanded life-expectancy rates, and the Baby-Boomer generation retiring, there are millions of Medicare eligible people who are in need to non-emergency transportation to medical services. The graph below illustrates
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