Leadership and Quality LP2.1 Assignment–SWOT Analysis.
I’m studying for my Business class and don’t understand how to answer this. Can you help me study?
LP2.1 Assignment: SWOT Analysis
This assignment will assess competency 2. Describe the relationship of effective goals and organizational plans.
Formulating strategy begins with understanding the forces that impact the organization. For this, many organizations begin the planning process with a SWOT (strengths, weaknesses, opportunities, and threats) analysis. Select a well-known eating establishment (ideas: Starbucks, Olive Garden, McDonalds, Chipotle, etc…) to conduct your SWOT analysis. In your analysis include:
- A statement of what you believe to be the company’s current strategy.
- From the consumer’s perspective, a list of key strengths and key weaknesses.
- From your perspective, a list of potential opportunities and threats.
- A goal based on your SWOT findings to recommend where the company could be in two years in terms of growth, size, new offerings, or expanded customer base. What steps do you recommend to achieve this goal?
The deliverable length for this assignment is 500-700 words. Must be in APA format and use at least 2 credible sources for in-text citations and reference page. Proofread please!