Consider the following questions:
1. A common tool used in strategic planning is the S.W.O.T. analysis. Pick a company you are familiar with and complete a SWOT analysis for it describing 5 each of Strength, Weaknesses, Opportunities and Threats.
2. How can a SWOT analysis help a company develop a strategic lan that will be successful?
3. Describe the four functions of management. What role do these play in the strategic decision making process?