The SWOT analysis is often used to help managers understand the competitive advantage of their organization. It can also help them to make decisions to support the organizations mission and vision in an ethical manner and help with strategic planning. (links to videos below)
Watch the video:which will provide you with what you need to know about SWOT and making it work for your organizations strategic planning.
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Opportunities are to be prioritized in strategic plan
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Review the abbreviated version of the.
Considering the video and the Starbucks 2020 SWOT Analysis, answer the following questions:
- Opportunities are to be prioritized in your strategic plan. How would you recommend that to Drink (RTD) coffee products in the U.S.?
- Weaknesses are important and need to be acted on quickly. What would be your first step to act on the U.S.? Why do you think this would work?
- Threats need to be watched and monitored. Explain how you would plan to that could drive up the price of coffee beans?
https://www.youtube.com/watch?v=F61jgtEZLsA (SWOT video)