Explain the purpose of SWOT analysis in business and discuss why it should precede strategy selection.
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Explain the purpose of SWOT analysis in business and discuss why it should precede strategy selection.
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- Explore the concept of strategic alignment and discuss how organizations can ensure that their long-term plans are closely aligned with their mission, vision, values, and overall corporate objectives.Explain,, what role does environmental scanning and analysis play in the planning process?Describe the role of scenario planning in long-term strategic decision-making for businesses, and provide examples of companies that have successfully utilized this approach.