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Strengths Weaknesses

• Corporate Strengths: A strength is a strong point for the company i.e., • Stop an organization
something a company is good at doing or characteristic that gives it an from performing at its
important capability. (https://www.wisdomjobs.com/e-university/strategic- optimum level.
management-tutorial-349/meaning-of-strengths-weaknesses-10842.html) • They are areas where
• Strategic strength is your ability to set the right goals and to create action the business needs to
plans and follow them. Strategic strength is the foundation for success. . improve to remain
Manage, that is, plan, organize, lead and control, yourself and your competitive: a weak
organization of people that supports you. brand, higher-than-
(https://medium.com/@ttdementor/improve-your-strategic-strength- average turnover, high
5365b38bbf53) levels of debt, an
• describe what an organization excels at and what separates it from the inadequate supply chain,
competition: a strong brand, loyal customer base, a strong balance sheet, or lack of capital.
unique technology, and so on. https://www.investopedi
(https://www.investopedia.com/terms/s/swot.asp) a.com/terms/s/swot.asp)

Opportunities Threats
• something outside the organization, something on what the leadership • refer to factors that
does not have direct effect, something that can change in an unexpected have the potential to
way without relations to the company's activities. harm an organization.
(https://ceopedia.org/index.php/Examples_of_opportunities#:~:text=An (https://www.investopedi
%20opportunity%20within%20the%20meaning,to%20the%20company’s a.com/terms/s/swot.asp)
%20activities.) •common threats include
• refer to favourable external factors that could give an organization a things like rising costs for
competitive advantage. materials, increasing
• For example, if a country cuts tariffs, a car manufacturer can export its competition, tight labor
cars into a new market, increasing sales and market share. supply and so on.
https://www.investopedia.com/terms/s/swot.asp) •any unfavourable
• It is usually a trend or change of some kind or an overlooked need that situation in the
increases demand for a product or service and permits the firm to enhance organisation’s
its position by supplying it. environment that is
https://www.ifm.eng.cam.ac.uk/research/dstools/swot/ potentially damaging to
its strategy.
• may be a barrier, a
constraint, or anything
external that might cause
problems, damage or
injury.
https://www.ifm.eng.cam
.ac.uk/research/dstools/s
wot/
 Rate each source in terms of its probable reliability

I found a lot of good source of information on the internet, and I can say mostly are indeed reliable.

Most reliable Reliable enou


https://www.investopedia.com/terms/s/swot.asp https://
www.ifm.eng.cam.ac.u
research/dstools/swot
https://ceopedia.org/index.php/Examples_of_opportunities#:~:text=An%20opportunity https://
%20within%20the%20meaning,to%20the%20company’s%20activities www.ifm.eng.cam.ac.u
research/dstools/swot
https://www.wisdomjobs.com/e-university/strategic-management-tutorial-349/meaning-of-
strengths-weaknesses-10842.html

 Rate each source in terms of how easy or difficult it will be to access


In my opinion, they are all easy to access. Internet nowadays makes everything easy. The
sources that I’ve got are all easy to access, almost all sites are open for everyone to search.

 How confident you should be in making decisions based on the information obtained?
If I would be asked, I should be so confident with my decision because uncertainties won’t do
any good. By having enough information’s from a reliable sources, I can create decisions that
can benefit me as well as the company. Researching is a must before making hard decisions so
mistakes can be lessen and if possible eliminated.
Having information’s from reliable sources can indeed help create best plans for the company.

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