Situational analysis is important in every organization that is operating in a competitive environment. Imagine your company, Starbucks, is in the process of launching a new product or service in the market, and you are a strategic manager. You have been tasked with finding information which is critical for making further decisions about the product, service, or strategies that need to be utilized to succeed in the market. Part of your work is to perform:
(i) SWOT Analysis
(ii) PESTLE Analysis
(iii) Porter’s Five Forces Analysis
(iv) VRIO Framework
Format your paper in Harvard Style. Page length is 5,500 words excluding cover pages, reference pages, diagrams, tables, appendices, and charts. You are encouraged to use charts, figures, and tables in your study. Cite at least 12 scholarly sources.