SWOC Analysis
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What is a SWOC analysis and why it is important to the strategic planning process?
What are different ways a SWOC analysis can be communicated?
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Solution Summary
This solution of 300 words defines SWOC analysis and how it is important to both the external and internal environment in the strategic planning process. It also discusses different ways a SWOC analysis can be communicated.
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The Strengths Weaknesses Opportunities and Constraints analysis is a tool used by organizations to identify the capabilities, current strengths, shortcomings, and constraints of an organization. The SWOC is an important tool for companies as it enables them to use sound decision-making to develop strategies predicated upon their controllable/internal environment while analyzing their external/uncontrollable environment. The importance of SWOC to the strategic planning process is that it is vital to understand what ...
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