short answer please Strategy formulation begins with understanding the issues th

Question

short answer please

Strategy formulation begins with understanding the issues that require managers to assess those factors that influence the company's ability to compete. Choose one of the following types of organizations: a fast-food chain, a clothing manufacturer, a communications device manufacturer or service provider, or an automobile manufacturer. Perform a SWOT analysis on the company of your choice, using what you know about the company to list at least three strengths, three weaknesses, three opportunities, and three threats.

Explanation / Answer

Strategy formulation is the process by which an organization chooses the most. appropriate courses of action to achieve its defined goals. This process is. essential to an organization's success, because it provides a framework for the. actions that will lead to the anticipated results.

Presenting here a SWOT Analysis of a clothing manufacturer:

Strengths-

Weaknesses:

Opportunities:

Threats:

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