Assignment: Strategic Management
ToolsCorp Corporation is a fictitious company that does exist anywhere. For the purpose of this course, it is located it in Tennessee. As members of the senior management team of ToolsCorp Corporation, your group has been asked to prepare a neat and organized report for the Strategic Officers Steering Committee (SOS-C) of ToolsCorp Corporation. The purpose of this paper is to obtain permission from them to go forward with the next step (developing a full-blown business plan) for ToolsCorp's strategic initiative to break into the global marketplace and extend the business to Sweden.
ToolsCorp Corporation builds power tools, lawn mowers, lawn furniture, microwaves, and ranges. All products are manufactured locally and sold through large retailers. They have sale papers inserted in every Friday and Tuesday paper. Although they have a thriving business in the United States and Canada, ToolsCorp is trying to break into the global marketplace.
Conduct a complete strengths, weaknesses, opportunities, and threats (SWOT) analysis JUST INCLUDING at least 15 factors from the "Opportunities" category and full explanations of why each factor is important and why it was placed in the "Opportunities"category) of the environment that exists within ToolsCorp and the environment that ToolsCorp is proposing by moving the company to Sweden.
1 Page minimum of the Opportunities category from SWOT analysis with full explanations of why each factor is important and why it was placed in the "Opportunitiy"category.