BUS 441 Study Guide - Midterm Guide: Dont, Swot Analysis, European Cooperation In Science And Technology
19 May 2016
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Now that we"ve looked at the industry, now we"re going to look at you. Has assumption built to it: that you have strategies a. ii. Two ways that we measure efficiency/success of current strategies: Good at one analyzing/measure the success of the a. ii. 1. strategies internally and externally a. ii. 1. a. Measure against if meeting/exceeding goals & objectives a. ii. 1. b. ii. Whether you"re on track with what you want to do a. ii. 1. b. iii. Conflict of interest if you only measure internal interests a. ii. 2. Should go to a business with ___ of 8% When do external look at opportunities and threats a. iii. If company has problem with weaknesses, nobody to blame but themselves a. iv. a. v. Companies lose their objectivity all the time a. v. 1. c. They hire consultants to do an environmental scan a. v. 1. d. We tend to over our-emphasize strengths (not as solid, jeopardies strategies) a. v. 1. e. Downplay our weaknesses (can"t fix it, set yourself up for failure, weaknesses can get out of hand) a. vi.
