SWOT Analysis, management homework help

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At least 3 pages APA format, no plagiarism no

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Planning is the first of the four basic functions of management addressed in this course. Strategic planning begins with understanding the circumstances, forces, events, and issues that shape the organization’s competitive situation. This requires managers to conduct an audit of both internal and external factors that influence the company’s ability to compete and remain competitive. The SWOT analysis is introduced in Chapter 8 of Management by Daft. Using Chapter 8, the model on page 242 (Daft) and this link http://www.businessballs.com/swotanalysisfreetemplate.htm

1.The Model: Create and develop a SWOT analysis model of your own. Use your own organization/company or the business unit of the organization in which you work.

  1. The Paper: Based on SWOT analysis, you have created and developed, explain how the organization or the business or department upon which you have based this analysis would benefit from your SWOT analysis.

SWOT analysis is a powerful model for many different situations. The SWOT tool is not just for business and marketing. Here are some examples of what a SWOT analysis can be used to assess:

  • a company (its position in the market, commercial viability, etc)
  • a method of sales distribution
  • a product or brand
  • a business idea
  • a strategic option, such as entering a new market or launching a new product
  • a opportunity to make an acquisition
  • a potential partnership
  • changing a supplier
  • outsourcing a service, activity or resource
  • project planning and project management

Whatever the application, be sure to describe the subject (or purpose or question) for the SWOT analysis clearly so you remain focused on the central issue. This is especially crucial when others are involved in the process. People contributing to the analysis and seeing the finished SWOT analysis must be able to understand properly the purpose of the SWOT assessment and the implications arising.