Question: Chapter 6 Discussion Question 11 unread reply.11 reply. a. What is a SWOT analysis, and how is it used? Explain how it can help a

Chapter 6 Discussion Question

11 unread reply.11 reply.

a. What is a SWOT analysis, and how is it used? Explain how it can help a small business.

b. What are the two important considerations in creating the mission and defining objectives for a small business? Explain how each gives a competitive edge to a small business.

c. What are the three types of planning that can help a small business owner improve his or her chances for success?

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