Critical analysis essay (minimum of 3 full pages that provide indepth analysis and relevant commentary on the tools and their use)
Perform the following tasks.
Step 1: Review the techniques.
Review the following analytical techniques: •SWOT analysis
•Porter's industry forces
•Ratio analysis
•Strategic group analysis (competitive cluster analysis)
Step 2: Respond in the form of an essay.
Use a word processor to write your response to the following questions in the form of an essay containing 500 words; not to exceed 1000 words. Where appropriate, include personal experience in your answers. Be sure to cite sources of any articles used in your essay. How are the four analysis techniques useful in the strategic analysis process? Why are they effective?