Instructions: Your instructor may ask you to do this exercise individually or as part of a group.
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Instructions: Your instructor may ask you to do this exercise individually or as part of a group. Select a local business with which you (or group members) are familiar. Complete the following activities.
Activity—Perform a SWOT analysis for the business.
Strengths:
Weaknesses:
Opportunities:
Threats:
Activity 2—Write a statement of the business’ s current strategy.
Activity 3—Decide on a goal you would like the business to achieve in two years, and write a statement of proposed strategy for achieving that goal.
Activity 4—Write a statement describing how the proposed strategy will be implemented.
Activity 5—What have you learned from this exercise?
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