FOR CONSIDERATION/DISCUSSION 1. Which of the four elements-strengths, weaknesses, opportunities, threats turne out to be the most difficult to develop? Why? Which was the easiest? Why? 2. What valuable insights about your focal organization did you gain during your SWC analysis? 3. Why should every manager know how to do a SWOT analysis? 4. What "right niche" did your SWOT analysis yield? 5. How can a personal SWOT analysis improve your career prospects?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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FOR
CONSIDERATION/DISCUSSION
1. Which of the four elements-strengths, weaknesses, opportunities, threats turned
out to be the most difficult to develop? Why? Which was the easiest? Why?
2. What valuable insights about your focal organization did you gain during your SWOT
analysis?
3. Why should every manager know how to do a SWOT analysis?
4. What "right niche" did your SWOT analysis yield?
5. How can a personal SWOT analysis improve your career prospects?
Transcribed Image Text:FOR CONSIDERATION/DISCUSSION 1. Which of the four elements-strengths, weaknesses, opportunities, threats turned out to be the most difficult to develop? Why? Which was the easiest? Why? 2. What valuable insights about your focal organization did you gain during your SWOT analysis? 3. Why should every manager know how to do a SWOT analysis? 4. What "right niche" did your SWOT analysis yield? 5. How can a personal SWOT analysis improve your career prospects?
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