Strategic analysis

Cards (11)

  • Strategy
    A general plan to achieve one or more long-term overall goals under conditions of uncertainties. They help lessen the uncertainties to arise.
  • Strategic Analysis
    The process of conducting research on the environment within which an organization operates and on the organization itself, in order to formulate strategy. It is a system or process of thinking that is more deliberate, reflective, computational and rule governed.
  • SWOT Analysis
    A strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.
  • Strengths
    Advantages, something uncommon, internal
  • Weaknesses
    Areas that still require improvements and things needed to be avoided, internal
  • Opportunities
    Possible areas of growth and development in the future
  • Threats
    Obstacles to achieving one’s objectives
  • Deliberate
    A characteristic of strategic analysis that states it was prepared and well-thought
  • Reflective
    A characteristic of strategic analysis that states you analyze what you have or what others have
  • Computational
    A characteristic of strategic analysis that states you move in a step by step procedure and you look at the other procedure
  • Rule-governed
    A characteristic of strategic analysis that states the existence of rules or guidelines