Mgt/498 Environmental Scan Analysis Paper

Environmental ScanShaun-Ryan BatsonMGT/498July 21, 2016Reed YoungEnvironmental ScanThe conduction of an environmental scan remains crucial in facilitating business growth as it incorporates a review of the internal and external influences on the business. The study will integrate an environmental scan of Wal-Mart and Apple Inc.Apple IncExternal EnvironmentPoliticalThe political environment remains crucial in facilitating overall business growth and development. The existence of a favorable political climate in the US and global locations has remained essential in promoting continued sales growth. The presence of a favorable business environment has facilitated the provision of favorable operational policies in the ICT sector that has catapulted the growth of Apple Inc. in the market (Fraud et al., 2012). EconomicIncreased economic growth of the US and global markets have remained instrumental in facilitating continued expansion of the company processes abroad (Fraud et al., 2012). The provision of favorable economic structures in the local and international markets coupled with increasing GDPs has facilitated Apple Inc. overall business growth and development.Social Increased technological advances have remained crucial in promoting the growth and adoption of