Question: 4 - SWOT analysis Threats (External) PEST -Evaluate external risks using the PEST framework such as: -Political/Legal:Regulatory challenges affecting organic product certifications. -Economic:Fluctuations in global
4 - SWOT analysis Threats (External) PEST -Evaluate external risks using the PEST framework such as: -Political/Legal:Regulatory challenges affecting organic product certifications. -Economic:Fluctuations in global tea prices affecting profitability. -Social/Environmental: Changes in consumer behavior due to environmental concerns. -Technological:Rapid technology changes might require additional investments. For this Task, you will need to complete Template 4 - Gap analysis belwo to perform a gap analysis. In Task 2, you conducted a SWOT analysis. You now need to undertake a gap analysis. A Gap analysis will help you identify the difference between your desired state and the current state. Your gap is the difference between your desired state and the current state. You need to develop actions to fill the gap. The actions identified will help you develop your Key Performance Indicators (KPIs) in your operational plan. Performing a gap analysis: Use Template 4 - Gap analysis- BELOW to identify two (2) gaps between your desired state and current state. Note down how your team goals align with the strategic objectives. Develop actions to fill the gap. 7. Gap analysis Current State (Areas for improvement) Desired State (end goal) Actions (What do we need to do to get there) How can we take advantage of these opportunities? How do we reduce the likelihood and/or the impact of these threats? What steps can we take to strengthen our weaknesses
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