1. www.paperhint.com

2. One such technique, suggested by Glueck, is that of preparing an environmental threat and opportunity profile (ETOP) for an organization. www.paperhint.com

3.  The preparation of an ETOP involves dividing the environment into different sectors and then analysing the impact of each sector on the organization.  A comprehensive ETOP requires subdividing each environmental sector into sub-factors and then the impact of each sub-factor on the organisation is described in the form of statement. www.paperhint.com

4. Environmental Sectors Nature of impactImpact of each sector Economic Favourable Impact Market Neutral Impact International Unfavourable Impact Political Neutral Impact Regulatory Neutral Impact Social Favourable Impact Supplier Neutral Impact Technological Favourable Impact www.paperhint.com

5. Growing affluence among urban consumers; rising disposable incomes and living standards. www.paperhint.com

6. Organised sector :- Buyers critical and better informed Overall industry growth rate not encouraging Growth rate for niche segments like sports, trekking, racing and fancy city cycle is high Largely unsaturated demand in segments Traditional distribution systems www.paperhint.com

7. Global imports are growing but India’s share shrinking Threat of cheap Chinese imports www.paperhint.com

8. Manly mode of transport for low and lower-middle income group Industry too small for any major political attention www.paperhint.com

9. Parts and components reserved for small-scale industry Bicycle industry a thrust area for exports www.paperhint.com

10. Environment and health friendly transport option Wide usage like commuting to work or school and as recreation and physical fitness equipment www.paperhint.com

11. Small-scale sector supply parts and components Rising steel prices Increasing use of aluminium www.paperhint.com

12. Technological up gradation of industry in progress Import of machinery simple Product innovations ongoing such as battery-operated and lightweight foldable cycles www.paperhint.com