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External/Internal Factors Of Management
Essay specific features
Written by:
Judith C
Date added:
August 9, 2017
Level:
University
Grade:
A
No of pages / words:
4 / 1060
Was viewed:
3887 times
Rating of current essay:
Essay content:
Management's responsibility is to take these factors into consideration to ensure that business will be successful. These factors are its strengths, weaknesses, opportunities, threats (SWOT). (Bateman-Snell, 2009)
External and Internal Factors
After analyzing the external environment and internal resources, strategic managers have the information they need to put together a plan for corporate, business, and functional goals for the organization...
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A comparison of strengths, weaknesses, opportunities, and threats normally is referred to as a SWOT analysis. (Bateman-Snell, 2009) SWOT analysis helps executives go over the major facts and forecasts resulting from the external and internal analyses. From this, executives can organize a series of statements that identify the primary and secondary strategic issues confronting the organization...
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