UNIT 4 DISCUSSION FOR PHYLLIS YOUNG ONLY

1.  A common tool used in strategic planning is the S.W.O.T. analysis.  Pick a company you are familiar with and complete a SWOT analysis for it describing 5 each of Strength, Weaknesses, Opportunities and Threats.

2.  How can a SWOT analysis help a company develop a strategic lan that will be successful?

3.  Describe the four functions of management.  What role do these play in the strategic decision making process?