Saturday, 30 September 2017

STRATEGIC PLANNING PROCESS: THE INTERNAL ENVIRONMENTAL ANALYSIS

اَلسَّلاَمُ عَلَيْكُمْ وَرَحْمَةُ اللهِ وَبَرَكَا تُهُ

WHAT HAVE I LEARNED TODAY
                                   



INTERNAL ANALYSIS

              ➥ Analysis of information obtained from within the company.
              ➥ Identifies and evaluates the strength and weaknesses of the company.
             ➥ Major functional areas :
                  {a}. Management
                  {b}. Marketing
                  {c}. Finance
                  {D}. Operation/Production

MANAGEMENT
       
         There are FIVE basic functions of management, as follows:
        
           1} Planning
           2} Organizing
           3} Motivating
           4} Staffing
           5} Controlling

MARKETING

    ⏩  Refers to the exchange of products or services from the producer to the user.

    ⏩Marketing 4ps :
             
         ➨ Product
         ➨ Price
         ➨Place
         ➨Promotion 

   ⏩Product cycle
OPERATION/PRODUCTION

    - The process of transforming input/resources (e.g. steel.oil) into products/outputs that are of higher value to the user.
    - Break-even point analysis


FINANCIAL



SWOT ANALYSIS


TOWS MATRIX





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