Describe the general framework for planning


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Watch the YouTube video "Business strategy - SWOT analysis" on the link below and write a minimum of 150 words on what you found interesting from the video. Make sure to reply to at least one of your classmate's posts.

Assignment: Principles of Business Management

Read Chapter 4 of your textbook Essentials of Management (10th edition) and write a 1,000 words essay that covers the following topics:

a. Describe the general framework for planning, why is it important?

b. How is a business strategy developed?

c. Describe the SWOT analysis, what is it used for?

d. Explain the terms: Operating plans, policies, procedures, and rules.

Format your assignment according to the give formatting requirements:

a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

b. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.

c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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