Discussion 8: Internal Strengths and Weaknesses
A strength can be thought of as any internal attribute of the organization that is helpful in achieving corporate objectives, a weakness can be thought of as any internal attribute of the organization that is a hindrance in achieving corporate objectives. Review Exhibit 17.2 in your book choose two strengths and weaknesses and explain how an executive leader would use them in strategic planning.
Use your own thoughts on this discussion.
A minimum of 250 words is required for your initial post. Be sure to respond to two fellow students with a minimum of three sentences per response.
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Strategic Planning
Strengths
The organization leverage on local market dominance to expand its sales, attract new clients, and further dominate over its rivals. It can achieve these strategic plans through identifying the demands in the market and ensuring that the company uses this strength to shape the views of the market. As a dominant player in the market, the company can use this strength to create new brands or improve the quality of products of the existing brands.
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