Give some key reasons why prioritizing strengths and weaknesses is essential.
Answer to relevant QuestionsWhy may it be easier in performing an internal assessment to develop a list of 80 strengths/weaknesses than to decide on the top 20 to use in formulating strategies. Are you more organized than the person sitting beside you in class? If not, what problems could that present in terms of your performance and rank in the class? How analogous is this situation to rival companies? Why are so many firms raising their dividend payout amounts? How can delegation of authority contribute to effective strategic management? Describe the production/operations system in a police department.
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