In order to succeed in the competitive environment it is required by the company to focus on analysing the internal and external environment of company so that they can easily assess the position of company. Along with this, report also focuses on different phase that is 1 and 2 that mainly focuses on analysing the strategic position of the company. For the present report the selected organisation is WRSX group leading global advertisement company. Strategic analysis of business environment mainly focuses on application of two different models that is VRIO and PESTEL that mainly engage in analysing the internal and external environment respectively.
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Phase 1- Strategic Analysis Of The Wrsx Group Should Include The Following Sections
1. The environment
Strategic analysis of business environment of WRSX group is performed using two tools that are VRIO and PESTEL. These two analysis frameworks are used for internal and external analysis res