Assignment
Conduct a Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis on your organization. You should provide both a SWOT diagram and a thorough explanation of each section. (Note: Since this is an organization that you have created, information provided in this section will not be factual; however, the information created should be realistic and interconnected.)
• Strengths
o List the strengths of the organization such as cost effectiveness, service quality, and customer loyalty.
o List other assets of your operation, such as flexibility, innovativeness, response to external pressures, creativity, and organizational stability.
• Weaknesses
o Describe the areas of weakness in the organization operations, such as government policies and procedures, and management inexperience.
o Recognize the limited impact of a new product on the market - its lack of recognition may be attributed to the organization's inexperience in promoting.
• Opportunities
o Examine how proper timing, as well as other factors such as the organization's innovativeness, may improve your business's chances of success.
o Relate your organization's focus/mission to a segment of the present market that is being overlooked.
• Threats
o List the external threats to your organizational success (such an existing and newly emerging competitors), performance of the overall economy, and your dependency on other businesses such as suppliers, retailers, and distributors for market access and support.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.